[Trading] Fibonacci Trader Journal Vol 2,1 - High Probability Fibonacci Zone Analysis by Robert Krausz

ROBERT KRAUSZ’S JOURNAL VOLUME 2, ISSUE 1 HIGH PROBABILITY FIBONACCI ZONE ANALYSIS™ Dear Trader, It has been quite a while since the last Fibonacci Trader Journal. I decided to write new FT Journals only when there is new developments that have exciting... More

ROBERT
KRAUSZ’S
JOURNAL
VOLUME 2, ISSUE 1
HIGH PROBABILITY
FIBONACCI ZONE ANALYSIS™
Dear Trader,
It has been quite a while since
the last Fibonacci Trader Journal. I decided
to write new FT Journals only when there
is new developments that have exciting
possibilities for trader.s
The advent of the “High Probability
Fibonacci Zone Analysis™” is certainly one
of those occasions. We are fortunate that
John Jackson has worked with us to make
this new tool a reality. We are grateful that
we have obtained exclusive world
computerization rights from him.
Like all new tools, you must learn its
strengths and weaknesses (sorry about
that... even great tools are not perfect).
The Fibonacci Zone Analysis™ is
actually dynamic statistical analysis. Given
the fact that it is pure statistics, we now
have a concept that we can dovetail it with
our technical tools and indicators. In other
words, the statistical value is given by the
Close-Open relationship over, say, a 10-year
period.
We are aware of th Less