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02/13/2007 Archived Entry: "Fib Levels"
Hussam wrote:
> Hi Neal,
>
> Three questions.
> 1)If there is a big spike (realy standing out), is
> that a good level to set your Fib levels ??
> 2)If you are using the same peak or bottom, is it OK
> to set your Fib levels on different time frames? I
> presume it is OK !!! Many times, it is not easy to
> find an SK level on the same time frame.
> 3) I presume a o.618 ( or other levels) on a higher
> time frame is more reliable than that of a lower time
> frame !!!
> Thanks for your response in advance. All the best.
> Hussam. Great questions! They all have the same answer - YES! -Neal.
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