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boca_bobby

02/09/13 7:32 PM

#113549 RE: pennies2007 #113547

Take a look at the beast. I originally would have took a low @ 7/26/12. The high was on 1/14/13.

We saw a retrace but not to the .382 level. Then we set a new high.

This might be a good example where the beast is strickly for trading. So start your first fib boxes on the 4hr chart or even the 1hr chart.

Then drill down to the 15min or 5min for trading. I guess that's why it's known as the beast!