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boca_bobby

02/09/13 7:13 PM

#113544 RE: pennies2007 #113543

Here's the one question I would have for the Fib Boxes Method.

When do you adjust those fibs?

I see how you like to start at the daily chart and work down. I've been starting at the 4hr chart and working down with the 15 minute timeframe being my trading chart.

Sometimes, the 4hr chart has a defined bottom and a top. So I would throw the fibs up. We see a little retrace but not down to the .382 level. Then we reverse and get a new top. I would readjust my fibs.

Have you experienced this as well? What is your solution?