Candlesticks, Fibonacci, and Chart Pattern Trading Tools : a synergistic Strategy to Enhance Profits and Reduce Risk

High,
and click with the left mouse button.
Click the 
P2
speed button to mark a signif icant 
Low
(or a 
High
).
Move the cursor to the 
Low,
and click with the left mouse button.
Click with the right mouse button on the 
Draw
speed button. The
menu list of the trading tools will appear. Click with the left mouse
button 
Extensions.
Next to the word 
Extensions,
a bullet point will
precede the selection.
Left-click the 
Draw
speed button again. The
WINPHI system calcu-
lates the vertical dis-
tance between 
P1
and
P2
and multiplies this
distance by the Fibonacci
ratio shown in the box
next to the 
Ratio
speed
button.
By left-clicking the
Ratio
button, the Fi-
bonacci ratios change.
When the icon on the 
Dir
button points upward, the
Fibonacci ratios will in-
crease when you left-click
the 
Ratio
speed button.
Conversely, when the icon
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USER MANUAL WINPHI: GETTING STARTED
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on the 
Dir
button points downward, the Fibonacci ratios will decrease
each time you click the 
Ratio
speed button.
As long as the Fibonacci ratios used in the calculation give a price tar-
get that is still in the range of the size of the chart, the system will
draw a horizontal line on the chart.
Each time you get a price target line, you can save this on the screen
by clicking the 
Clip
speed button. Once you have the price target lines
you want to see, you can add other geometrical Fibonacci trading de-
vices on the same chart.