Quote from: Millionero on December 21, 2017, 03:10:49 PM

Quote from: Joe200 on December 21, 2017, 02:43:51 PM

How do you calculate the fib levels?

Please don't think I'm saying this to be harsh or criticize you negatively, but you can google that question, read up a little, and you'll be much more able to contribute to this discussion.
I think we should devote our time to exegesis of the master's pronouncements rather than engaging in a tutorial session.
https://www.investopedia.com/terms/f/fibonacciretracement.asp

I am just asking about the price level at which you set the 0% for figuring the fib retracement. In the master's chart, he sets 3.5 as a critical price level. Using that, the fib retracements are 13.5 (62%), 11.6 (50%), and 9.7 (38%). How do you get 15.7?