How You Can Identify Turning Points Using Fibonacci Part 2: How To Use Fibonacci Relationships To Set Trading Strategy Wayne Gorman Elliott Wave International, Inc. P.O. Box 1618, Gainesville, GA 30503 (800) 336-1618 (770) 536-0309 Fax (770) 536-2514 www.elliottwave.com 2008 Elliott Wave International 1
How You Can Identify Turning Points Using Fibonacci Part 2: How To Use Fibonacci Relationships To Set Trading Strategy Cocoa Starbucks Corporation Euro/USD FX 2008 Elliott Wave International 2
How You Can Identify Turning Points Using Fibonacci Part 2: How To Use Fibonacci Relationships To Set Trading Strategy Cocoa 2008 Elliott Wave International 3
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Fibonacci Price Cluster: (2) retraces.618 of (1) at 876 C = A at 856 C (2) 2008 Elliott Wave International 12
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Fibonacci Price Cluster: (2) retraces.618 of (1) at 876 C = A at 856 0 C (2) 0 of C =.618 x (6 8) at 869 End of 9 of C forms GS.382/.618, if 0 ends at 824 2008 Elliott Wave International 25
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0 C Fibonacci Time Cluster: (2) End of 8 of C forms GS.382/.618, if 0 ends on 07/10/01 In C,.382 x (6 8), from end of 9 = 07/09/01 for end of 0 In C,.618 x (6 8), from end of 9 = 07/13/01 for end of 0 2008 Elliott Wave International 31
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Closed at 867 Profit = 209 2008 Elliott Wave International 37
Closed at 867 Profit = 209 2008 Elliott Wave International 38
How You Can Identify Turning Points Using Fibonacci Part 2: How To Use Fibonacci Relationships To Set Trading Strategy Starbucks Corporation 2008 Elliott Wave International 39
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0 5 (5) Fibonacci Price Cluster: 0 of 5 =.382 x (6 8) at 40.34 4 End of 9 of 5 forms GS.382/.618, if 0 ends at 40.86 5 of (5) =.618 x (1 3) at 39.59 2008 Elliott Wave International 49
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5 (5) Alternate Time Target Fibonacci Time Cluster: End of 3 forms GS.618/.382, if 5 ends on week ending 12/22/06 5 =.382 x (1 3), if 5 ends on week ending 12/29/06 89 weeks for 1 5 = week ending 01/05/07 2008 Elliott Wave International 56
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Fibonacci Price Cluster: 4 9 retraces.382 of 8 at 35.63 (y) = (w) at 36.22 2008 Elliott Wave International 58
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(5) 4 2008 Elliott Wave International 62
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How You Can Identify Turning Points Using Fibonacci Part 2: How To Use Fibonacci Relationships To Set Trading Strategy Euro/USD FX 2008 Elliott Wave International 64
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Fibonacci Price Cluster: iv retraces.382 of iii at 1.4523 C of iv = 1.618 x A at 1.4541 (5) of C =.382 x ((1) (3)) at 1.4521 2008 Elliott Wave International 79
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v (v) 8 Fibonacci Price Cluster: v =.618 x (i iii), at 1.4977 (v) = (i) (iii) at 1.4965 End of iv forms.50/.50 split of (v), if v ends at 1.5023 End of (iii) forms GS.382/.618 of 8, if (v) ends at 1.4878 2008 Elliott Wave International 84
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v (v) 8 Fibonacci Time Cluster: End of iii forms GS.618/.382, if v ends on 11/30/07 v =.382 x (i 11/26/07 iii), if v ends on 11/26/07 = 34 days for i v End of (iv) forms.50/.50 split of 8, if (v) ends on 11/29/07 2008 Elliott Wave International 91
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Elliott Wave International 770-536-0309 or 800-336-1618 www.elliottwave.com 2008 Elliott Wave International 99