A Fibonacci time line is a type of chart annotation that is usually drawn between price peaks and price valleys. Once drawn, a vertical line will be drawn at the peak and valley and vertical lines at increasing Fibonacci time percentages will be drawn into the future. When future prices approach a Fibonacci time percentage, it indicates a place for a possible price peak or valley.

To draw a Fibonacci time line on a chart:

1. Select from the Drawing menu.
2. Click and hold the mouse button on the left most peak or valley, drag the mouse with the button still depressed to the right most valley or peak, and release the mouse button.

To move an existing Fibonacci time line:

1. Select a Fibonacci time line on the chart by clicking on a portion of the Fibonacci time line.
2. Once the Fibonacci time line is selected (highlighted with small squares):

• Click and drag, with the mouse button still depressed, a portion of the Fibonacci time line that does not have a selection box to move the entire Fibonacci time line.

• Click and drag, with the mouse button still depressed, a selection square on the Fibonacci time line to reposition only that point of the Fibonacci time line.

To delete an existing Fibonacci time line:

1. Select a Fibonacci time line on the chart by clicking on a portion of the Fibonacci time line.
2. Once the Fibonacci time line is selected (highlighted with small squares), press the Delete key or select Delete from the Edit menu.

Troubleshooting:

• When moving or deleting an annotation, you must make sure the mouse cursor has changed to a hand before clicking on the annotation. If the cursor is still an arrow or a cross hair, the selection will not occur.

Note:

• To continue drawing Fibonacci time line annotations on the chart without having to reselect the menu item each time, select Remain in Drawing Mode from the Drawing menu. Once you are done drawing Fibonacci time lines, simply select another type of annotation or unselect Remain in Drawing Mode.