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

Leave spacing for holidays
check box must be checkmarked to ac-
tivate extra spacing in the chart according to the entry in the 
# of
blank Points on right
edit box.
If you want to chart all historical data in a constant price scale, check-
mark the 
Use one scale throughout all periods
check box. Fur-
ther explanation of this topic is provided in a separate section,
Working with the Constant Price Scale.
Left-click the 
okay
button to continue.
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USER MANUAL WINPHI: GETTING STARTED
SELECTING FIBONACCI TRADING TOOLS
Click the 
P1
speed button.
Move the cursor to any point in the chart that you want to be the be-
ginning point of an analysis. Click with the left mouse button on the
point of choice to place the f irst point on the chart.
Click the 
P2
speed button.
Move the cursor to any second point in the chart that you want to be
the second point of an analysis for the selected trading tool. Click with
the left mouse button on the second point of choice to place the second
point on the chart.
Right-click on the 
Draw
speed button to bring forth a list of Fibonacci
trading tools.
Move the mouse pointer to a desired Fibonacci trading tool and left-
click (a bullet point will appear next to the selected Fibonacci trading
tool of the list).
Left-click again on the 
Draw
speed button to draw a study.
Six geometrical Fibonacci trading tools can be applied as studies to
the price charts:
1. Corrections.
2. Extensions.
3. PHI-channels.
4. PHI-ellipses.
5. PHI-spirals.
6. Fibonacci time goal analysis.
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