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

holding the right mouse button down,
you can drag the PHI-ellipse either to the right, left, up, or down. By
doing so, you can make the PHI-ellipse longer or shorter.
You now possess the operational means to possibly f it the PHI-ellipse
around the left and right outside points of any price move if there is
a 3-wave price pattern. While you have enclosed the price move by the
PHI-ellipse, you still do not know in real-time trading where exactly
the end point of the price move will be. To identify the end of a price
move, you need to read the respective sections in this book.
By clicking the 
Clip
speed button, you can save the PHI-ellipse on the
screen and then overlay it with other geometrical Fibonacci tools of
your choice.
CHARTING PHI-SPIRALS
The PHI-spiral is a geometrical device for price and time analysis. The
PHI-spiral rings can be support or resistance lines. The ultimate goal
is to identify the point in price and time, where the crossover of two
PHI-spirals is penetrated by the market price.
Left-click the 
P1
speed button to select the 
Center
of the f irst PHI-
spiral. Click on any point in the chart to select the location of the 
Cen-
ter
of the PHI-spiral on the chart.
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USER MANUAL WINPHI: GETTING STARTED
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Left-click the 
P2
speed button to select the 
Starting point
of the
f irst PHI-spiral. Click on any point in the chart to select the location
of the 
Starting point
of the PHI-spiral.
Click on the 
Draw
speed button with the right mouse button.
Left-click on 
PHI-spiral
from the list of trading tools. A bullet point
will appear next to the word