[neustaju]

There is another method of fibonacci time analyses (other than the time extension)that is little talked about. The other method used is *count how many minutes OR days OR months it takes for an entire price move to complete. Then divide by the time taken for the next move. Example *Using monthly chart of INTC= count the months down from the peak (roughly $75.00) occuring between 00-01. Counting 25 months all the way down to the bottom occuring end of 2002. Then price rallies up to $35 (disclude this "B"). At this point ask yourself, 25 and which number makes a fibonacci number? from the $35 peak count down 40 months and notice the rally that occurs. A (25) / C (40) = *1.6*. Major and minor trend changes occur under parameters such as this.

[neustaju]

For short term traders. Turn to a 10 min chart of AMD look to 09/04. A selloff begins to occur the last 30 minutes of the day. counting down from the candle that opened 13.33 and closed 13.25. We have 30 minutes of decline on 09/04 then 50 more minutes of decline on 09/05 ending ($12.75) Total decline = 80 minutes. Then price rallies for 20 min up to $12.97. Count 80 minutes over from the peak occuring 12.97. After 80 min price rallies for 80 min then changes direction again. I was long for this rally of 0.13 but exited after it failed to break through length of 61.8% previous rally. The most interesting part about this occured when watching the tape at this time 80 min interval. Huge lot buy orders 50k plus where streaming and they werent using market orders, only dark/hidden books. Using the fib time tool does not allow you to skip part of a wave (b for example) thus creating a "time rate of error".

[Sparrow]

I'd be cautious with miner's stuff, he claims to be a first place winner of the World Cup Championship of Futures Trading however Robbins Trading Comp. hasn't got him even listed.

It doesn't mean that his stuff doesn't work, but i am not putting my money on the line when i doubt someone's credibilty.

[timokrates]

With the Dynamic Trader software you are able to create a lot of price and time projections. The same principle Miner teaches to find fib cluster areas could also be used to create fib time clusters.

I followed his general approach for a time. The software is very helpful if you believe that Elliott and fibs in general can be helpful for your trading. I like Miners way to explain and teach it, but in general I have to say that I moved away from all this, specially this stuborn focus on Elliott wave principle.