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Elliott Wave International, Inc.
P.O. Box 1618, Gainesville, GA 30503
(800) 336-1618 (770) 536-0309
Fax (770) 536-2514
www.elliottwave.com
Wayne Gorman
How You Can Identify Turning Points Using Fibonacci
Part 2: How To Use Fibonacci Relationships
To Set Trading Strategy
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How You Can Identify Turning Points
Using Fibonacci
Part 2: How To Use Fibonacci Relationships
To Set Trading Strategy
Cocoa
Starbucks Corporation
Euro/USD FX
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How You Can Identify Turning Points
Using Fibonacci
Part 2: How To Use Fibonacci Relationships
To Set Trading Strategy
Cocoa
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Fibonacci Price Cluster:
(2) retraces .618 of (1) at 876
C = A at 856
C
(2)
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Fibonacci Price Cluster:
(2) retraces .618 of (1) at 876
C = A at 856
0of C = .618 x (6 8) at 869
End of 9of C forms GS .382/.618, if 0ends at 824
0
C
(2)
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Fibonacci Time Cluster:
End of 8of C forms GS .382/.618, if 0ends on 07/10/01
In C, .382 x (6 8), from end of 9= 07/09/01 for end of 0
In C, .618 x (6 8), from end of 9= 07/13/01 for end of 0
0
C
(2)
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Closed at 867
Profit = 209
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Closed at 867
Profit = 209
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How You Can Identify Turning Points
Using Fibonacci
Part 2: How To Use Fibonacci Relationships
To Set Trading Strategy
Starbucks Corporation
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0 5 (5)
Fibonacci Price Cluster:
0of 5 = .382 x (6 8) at
40.34
End of 9of 5 forms GS
.382/.618, if 0ends at 40.86
5 of (5) = .618 x (1 3) at 39.59
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5 (5)
Alternate Time Target
Fibonacci Time Cluster:
End of 3 forms GS .618/.382, if 5 ends on
week ending 12/22/06
5 = .382 x (1 3), if 5 ends on week
ending 12/29/06
89 weeks for 1 5 = week ending 01/05/07
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Fibonacci Price Cluster:
9retraces .382 of 8at 35.63
(y) = (w) at 36.22
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4
0 5 (5)
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4
(5)
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How You Can Identify Turning Points
Using Fibonacci
Part 2: How To Use Fibonacci Relationships
To Set Trading Strategy
Euro/USD FX
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Fibonacci Price Cluster:
iv retraces .382 of iii at 1.4523
Cof iv = 1.618 x Aat 1.4541
(5) of C= .382 x ((1) (3))
at 1.4521
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v (v)
8
Fibonacci Price Cluster:
v = .618 x (i iii), at 1.4977
(v) = (i) (iii) at 1.4965
End of iv forms .50/.50 split of
(v), if v ends at 1.5023
End of (iii) forms GS .382/.618
of 8, if (v) ends at 1.4878
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v (v)
8
Fibonacci Time Cluster:
End of iii forms GS .618/.382, if
v ends on 11/30/07
v = .382 x (i iii), if v ends on
11/26/07
11/26/07 = 34 days for i v
End of (iv) forms .50/.50 split
of 8, if (v) ends on 11/29/07
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Elliott Wave International
770-536-0309 or 800-336-1618
www.elliottwave.com