fxKnight (November 30, 1999 at 12:00 am)

Actually, it was Leonardo de Pisa's - over 800 years ago. Joe's a wonderful guy (and a very good friend of mine), but he didn't invent Fibs. And I don't believe I ever claimed to have either.

aroon88 (November 30, 1999 at 12:00 am)

Is this a Fibonacci Expansion ? This is Joe Dinapoli's idea. Not yours.

fxKnight (November 30, 1999 at 12:00 am)

I doubt I'll be making any new videos before 2009, though will certainly keep it mind for future ones. I do a free Fib webinar on FXstreet every Friday - glad to look at charts in real-time with you. In the meantime, pull up a daily Dow chart and draw a Fib from 13131 to 10813 - you'll find that we've been ranging between the 161 and 200% extension levels for the past 3 weeks.

optiontraderfan (November 30, 1999 at 12:00 am)

Possible you can show an example video using a daily timeframe on qqqq? Or whichever index you choose? Thanks

fxKnight (November 30, 1999 at 12:00 am)

OsMA (MACD can be used as an alternative) is standard settings - 12,26,9. EMA is 21 applied to the close. The others are simple MAs - 50 and 200.

fxKnight (November 30, 1999 at 12:00 am)

You bet. Worked like a charm to find the recent bottoms in the Dow and the S&P.

fxKnight (November 30, 1999 at 12:00 am)

50% is valid - statistically it typically goes to 161%.

manolosal (November 30, 1999 at 12:00 am)

Hi, What are the parameters for your OsMA and EMA´s? Rgds,

optiontraderfan (November 30, 1999 at 12:00 am)

Can this work on daily timeframes with indexes like qqqq?

smartforextrader (November 30, 1999 at 12:00 am)

Very nice video. Click on my account to see many free forex trading courses.