Today we'll be talking about Fibonacci pivot Points extensions retracements Etc and how to really amp them up and put them on steroids. So everyone I am lead trainer with stock straight Tim Bowen Gonna be going over what? I think are some of the best technical indicators out there now? Be very selective I Know it's very seductible, especially for new traders to start adding in more and more and more technical indicators actually. I'll have the producer drop a picture. it's just I love this chart right here of like 10 000 lines on one chart and the guy says look I found the bottom Okay, I've never seen a chart that bad but I've worked.

you know I work with a lot of newer Traders and I look at some of these things and they got ikomocho clouds on there and they got Bollinger Bands and they got all this stuff going on which listen, if you're actually using those things, it's great. But what? I see a lot of people doing is they just keep adding stuff to their chart to get basically confirmation bias. You know something. I've said many times you add enough technical indicators, you can make any stock look bullish.

or if you're a short seller, you can add enough and you can make any stock look bearish. You can just keep adding them adding them adding them because there's hundreds, maybe even thousands of technical indicators out there. You keep adding them. You can make any stock or any chart look like anything you want.

What? I Love is view app. We've done a ton of videos. Definitely check out the archive and I'm a big believer in the Fibonacci extensions as well as retracements. Now for the sake of this video, we're going to talk a lot about what's called Oracle and the Oracle algorithm as well as the Oracle support and resistance levels.

which back to the beginning of the video. I Truly consider Fibonaccis on steroids, So I'm going to look at the biggest Runner of the day Vcig so you can see right here on my screen. we're going to focus on this stock that I've got highlighted in yellow. Here you can see that this stock is highlighted in green, which means it was a potentially bullish stock.

You can see it's a low float stock 2.2 million shares traded and you can see it's trading insane volume. I Mean it's kind of headed towards the end of the day, but a hundred million shares at the end of the day? I mean this was trading 20 30 million basically before 10 11 A.M And look what it did at 11 A.M But the point is even then it was trading 10x float rotation and if you notice down here the average volume 600 000 the shares the entire day, you know that 60 day average volume is that. uh, volume profile criteria. We use 600 000 versus again 10 30 a 10, 30 11 A.M 20 25 million Kind of sounds unusual to me and then you'll notice when I go over to these levels.

Now the Oracle levels are very heavily Fibonacci biased. So the Oracle levels are a proprietary algorithm only. We have it at Soccer Trade that is a black box algorithm. so I can't give you all of the criteria that go in it.

It's proprietary, it's exclusive to us, but it's something that we developed over a decade and launched about eight years ago to give you predictive levels for entries, exits, stop losses, and goals. So I don't have the exact percentage. but when I look at Fibonacci extensions and retracements, you'll see that they're kind of similar to the Oracle levels. So I Like to say that Oracle is about 40 percent weighted on Fibonaccis and the golden sequence.

You can look that up. Understand it, You know? Da Vinci Uh, launch or basically wrote it and and created it the golden ratio Etc and it actually applies to chart patterns. So those levels again waited on Fibonacci but also V-wap moving averages and then the technical areas on the charts of support and resistance. If you're wondering more about technical analysis, definitely check out the archive.

We talk about that. That's charting. Okay, when we talk about breaking down a chart, reading charts, that's technical analysis. What's great about Oracle I mean again, you can see today.

Vcig insane float rotation. Had artificial intelligence this this morning 7, 8, A.M and then gave a predicted signal at 3.95 you go back. those signals drop on Oracle right at the market open and you can see the stock dipped down into the 350s. It hit that 395 area at 9 45 a.m our favorite time of day.

ground sideways and then just went absolutely vertical into that 10 30 11 window all the way up to 11.35 Now what's crazy is you can see that move. That's that where my cursor is hovering right there. That's that dip and rip Type move we talk about big move up in pre-market on the Artificial Intelligence news 450 break. and then if I jump over here.

you can actually see we went over that on the 8 30 webinar in the Daily Income Trigger system. Now I'm going to talk about those webinars here in a second, but this is live from the webinar at 8 30. Vcig broke the double top from last week. It's also Money Monday today is Tuesday The reason I put money Monday and quotes is the stock market was closed yesterday.

So we love that first trading day of the week because it's Peak Fomo, it's peak in motion. But anyway, first trading day of the week AKA Money Money Artificial Intelligence Press Release: Low Float good volume 450 break is key and that's been working lately. So that's that level that Oracle laid out and you can see as it skips through these heavily. Fibonacci weighted levels just explodes, explodes, explodes, and then this is the key and this is the last point.

I Want to bring up. Look at that top level at 1106. look at that slams through that immediately pulls back chop sideways for two five minute candles. Five minute candles.

What? I was using. That's that first red candle or the red candle Theory we talk about So that would have been your sign to take profits. So what so many people struggle with is where do I take profits. You know a lot of people give back a lot of gains, turn winners into losers.

so you can see that major green level. It's bright green because that's the major resistance level holds two five minute candles. The first five minute candle would have been your signal to sell. You could have sold in the tens mid tens again, depending on when you bought.

whether it was at 395 or that 450 breaker, Five, six, seven, eight, nine bucks I mean straight vertical could have been very good gains using these signals. And what's great about this is Oracle does it every day you can see I've got 15 to 20 stocks here and you'll notice some are highlighted in green, some are highlighted in red. The reason it does that gives us long and short opportunities. So if you're a new Trader I Typically recommend getting started going long, but if you're an intermediate or an advanced Trader you'll see I've got about six or seven short opportunities here because as a seasoned day trader, you don't really care about the direction you care about volatility.

One of the things you'll you know is you grow and evolve and get more profitable. You'll not. You won't have a directional bias like you won't care. We know that these stocks aren't Investments these big movers.

These are trades and we don't really care if they explode up or explode down. We know how to trade them, We know how to use the technicals, know how to use Fibonaccis and Oracle levels in V app and price action. Then we can profit from those key levels and those moves that are predictable in advance. And you can see that with Vcig.

So my friends, again, my opinion is before: Listen before Oracle I used Fibonacci State incentions and retracements a lot Since Oracle I don't need them anymore because again, Oracle is those levels on steroids with a black box algorithm that gives you an edge that no one else has. Only stocks to trade. Users have access to the Oracle algorithm and it is truly an edge and I can prove it to you. Prove it to you live if you go to the link below on The Daily Income Trader System These are wet live webinars six times a day, all through the day, even on weekends where we show the tool in action.

So obviously this video. it's a YouTube video. It's pre-recorded Okay, by the time you watch this, maybe it's a week later. Maybe it's two weeks later.

Maybe it's six months later. You go to those webinars. 100 free, 100 live. You can get a tour of Oracle and the daily incubatory system.

Check it out, We'll look forward to seeing you on one of the webinars. Thank you.