A Daytrader's Diary

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Friday, January 07, 2005

First day Woodie is showing off his new "Fibonnacci CCI" as a moderator. At least it's the first time I'm seeing it (and my attendance record in chat has been rather spotty the past few weeks). This is pure price action stuff, obviously. Nobody's mentioned the conflict with Woodie's basic "we don't need no stinkin' prices" motto. However, Woodie's taken great umbrage at folks daring to compare this FibCCI to keltner or bollinger bands. However they're calculated, they're used the same way for support and resistance and setting exit targets and all that.

Just like with the sidewinder (which still isn't available for us poor Sierra Chart users), Woodie has promised this toy will be available for all as soon as he's done personally testing it.

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