2 Comments

1. 

   Peter Guardino on December 7, 2016 at 11:02 am

   Todd,
   First off let me remind you that I am a beginner to Options trading.
   So here’s my question:

   Why is it that the Major/Minor Sell/Buy lines are different prices depending on what time frame your looking at (i.e.- weekly, daily, 195min, 5min)
   If the stock or option is a Buy or Sell; shouldn’t the price be the same?
   For example, on one stock, weekly shows Major Sell at $80 and the daily shows $60.

   Thanks for helping me understand.
   Love you guys.

   Peter

   Reply
   • 

     Todd Gordon on December 7, 2016 at 2:07 pm

     Hi Peter,

     This is a custom indicator that I built called Power Waves that is meant to compliment by Fibonacci analysis. The green lines are the buy levels and the red lines are the sell levels. So far I’ve only made it available in the grand daddy Fibonacci Mastery course, but will be offering it as a standalone product in the future.

     Thanks,

     Todd

     Reply