ha, not magic, as I said in the commodity newsletter, 233 is a
Fibonacci #, that was my logic for using it. I wanted a
longer time frame then a 60 min chart but shorter then a daily
chart, therefore 144 min and 233 min are my favorite choices for
that, both are Fibonacci numbers
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What was the logic to
USD 233 min chart
Posted by etcbari on 1st of Nov 2010 at 10:12 am
What was the logic to select 233 minute bars and not for instance 240? Is this another of your hidden ace up your sleeves?
ha, not magic, as I
Posted by matt on 1st of Nov 2010 at 10:14 am
ha, not magic, as I said in the commodity newsletter, 233 is a Fibonacci #, that was my logic for using it. I wanted a longer time frame then a 60 min chart but shorter then a daily chart, therefore 144 min and 233 min are my favorite choices for that, both are Fibonacci numbers