* notice i didnt say ''newbie''
i have respect for All that dare to venture into Trading,and wish them well, and hope I can help**
I put together Ref Sheet. as too much typing intraday is a negative-
FIBZ
FTS - Fib Trend Supp= 38.2% Ret from Given High
FTR -Fib
Trend Rez = 38.2% Bounce
from Recent Low
FIC
-Fibz in Conflict , When a longer term draw Up/Down
Has Shorter or New Draw in Conflict-
** Choppy area,Not a Clean Set up
FIBVOT(the 'B' is Silent, 8^))
= the 61.8% Rez ,Where as a Bar Close
per time frame
above or below Can flip trend and
may resolve
F.I.C thus Clearing way for cleaner
set up
===============================================
PDH
PREVIOUS DAY HIGH
PDL
PREVIOUS DAY LOW
PWH/PWL
WEEK
PMH/PML
MONTH
-----------------------------------------------------
PDV
PREVIOUS DAY VWAP
PWV/PMV WEEK/MONTH
-----------------------------------------------------
PDO PREV
DAY OPEN
PDC
PREV DAY CLOSE
PWO/PWC WEEK
PMO/PMC MONTH
---------------------------------------------------------
ORB
OPEN RANGE BAR(CANDLE)
30/60 is what I
prefer
** Its good to mark
this Open Rannge
I use a Box. Also I've used 'Price lev Lines
or Alert Lines
OBG
OPEN BODY GAP-
With Open Body Gap, U are more focused on
the
Body Close on Bar, as opposed to Using the
Wik
Length to consider a Gap ''Filled'
---------------------------------------------------------------
GZF GAP ZONE FILL
With GZF, U are focused on any activity
that enters the
Gap Zone and Taps the top or bottom, But
the body
of the bar does not have to close above/ or
below,
it only has to Tap the top or bottom of
Wick-
So it's Wik 2 Wik , not body 2 body.
*** I prefer,and
only considered a True Gap Fill when
the
BODY closes, nullifying the Gap.