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Technical Analysis – Fibonacci Levels Retracements A retracement is a pullback within the context of a trend. Dip After a rise from 0 to 1, short term market participants start to take profit. This drives the price lower until such a point that the bulls, sensing the price is better value, enter the market again at point 2 and hence “Buy the Dip” enabling the market to continue in the direction of the trend. Rally Conversely, after a fall from 0 to 1, the shorts take profits thus causing a brief rally taking the price higher until point 2. At point 2, fresh shorts enter the market overcoming the shorter term bulls and driving the price lower in the direction of the main trend. Hence the term “Sell on Rally”. The most popular type of retracement used in the Forex market is, undoubtedly, the Fibonacci retracement. Popular Fibonacci retracements are 25%, 38.2%, 50%, 61.2% and 78.6%. Notice how the downleg retraces 61.8% of the first upleg, 1.2970-1.3470, before continuing with the trend upwards. In general, the larger retracements are found at the start and end of a trend as the market is deciding whether or not the previous trend has finished, maybe ranging a little before starting the next trend. Once more and more market participants realise that a new trend is in place, the retracements of the previous leg become smaller in depth with 38.2% and 50% being the most common. As the trend appears to run out of steam, the market becomes undecided and starts to take profit thus causing a deeper retracement of the previous leg eg. 61.8% or 78.6% In a trending market, the shallower the retracement the stronger the trend. Extensions Extensions are used to project where a price may go to and are useful for calculating target prices when entering a trade As with retracements, the most popular type of extension used in the Forex market is the Fibonacci extension. The extensions that provide the most commonly used projections are 61.8%, 100%, 161.8% and 261.8% How to Use In the example below, each one of the Fibonacci extensions represents a potential target when entering a trade. Once a pullback is in place at point 2, we can calculate the potential targets using Fibonacci extensions. Our initial targets will be 100% at 103.85 and 161.8% at 104.78. Further out our target will be 261.8% at 106.28. The stronger the trend, the greater the chance that the targets will be achieved. www.fibbinarchie.com
Objectives There are two principal objectives for this paper. The first, is to introduce a complete set of Fibonacci levels / values that the serious trader should be using (most traders are only using portions of the reality of Fibonacci in their trading). Secondly, to provide an overview of the various ways Fibonacci reality can be brought to the chartist or technical trader, as again, most traders are under-performing when it comes to the potentiality of Fibonacci-based, technical analysis in their trading. In the end, this should be the one-stop-shop (all things Fibonacci) for the intermediate to advanced trader in regards to Fibonacci in their trading. Please note that I am not going to provide the personal history of Leonardo Pisa Fibonacci (though I find it very interesting and would encourage every trader to investigate such history on their own). I am also not going to discuss seashells, flowers, or bunny counts to illustrate the origin and pervasiveness of Fibonacci in our world. There are other complete and readily found sources for such information. I personally believe the following site will contain more information than one can digest on the topic of Fibonacci … http://www.maths.surrey.ac.uk/hosted-sites/R.Knott/Fibonacci/fibBio.html
College Scholarship Enrollment Form Please submit this completed form to enroll or to report your 2013 sales. To enroll, you must sell at least $2,500 from January 1, 2013 to December 31, 2013. SALE INFORMATION Spring 2013 Face-to-Face Sales (Take Order): $ ______________ Spring 2013 Show & Sell: $ ______________ Fall 2013 Take Order: $ ______________ Fall 2013 Show & Sell: $ ______________ 2013 Online Sales (sell.trails-end.com): $ ______________ 2013 Total Sales $ ____________________ SCOUT INFORMATION (to be completed by Scout) Scout's Full Name: _______________________________________ Qualifying Year: ____________ Birth Date: ______ / ______ / ______ Social Security # (last four digits – for account payout): XXX-XX-___ ___ ___ ___ Street Address ______________________________________________ State: _______ City: _________________________ Zip Code: ______________ Email Address (account balance will be emailed to you): ___________________________________________________ Council Name: _______________________________ Council City & State: ______________________________ COUNCIL APPROVAL (to be completed by Council) Council Popcorn Staff Advisor (print name): ___________________________________________ Council Popcorn Staff Advisor’s Signature: ___________________________________________ You must have your Council Popcorn Staff Advisor's signature to add sales HOW TO ENROLL OR REPORT SALES Please email the following documents to email@example.com. Trail’s End does not accept faxes, zipped files, or files over 10MB. This form may be submitted by the Scout or Council. 1. This completed form signed by your Council Popcorn Staff Advisor. 2. A copy of each paper order form used in the spring and/or fall sale. 3. A copy of your online sales report from sell.trails-end.com.
Michigan Competitive Scholarship Fact Sheet Academic Year 2013-14 Description The Michigan Competitive Scholarship program is available to undergraduate students pursuing their first degree at an approved Michigan postsecondary institution. Students must demonstrate both financial need and merit and eligible applicants must achieve a qualifying ACT score prior to entering college. Application Applicants must file the Free Application for Federal Student Aid (FAFSA). Students whose FAFSA is received by March 1 will receive priority consideration. Students are encouraged to file their FAFSA on the Web at www.fafsa.gov. Paper forms are available from the Federal Student Aid Information Center by calling 1-800-4FED-AID or a printable version can be accessed on the www.federalstudentaid.ed.gov Web site. The FAFSA allows students to list multiple colleges when filing. Because Student Scholarships and Grants (SSG) does not know which college the student will select, the award is based on the first college listed. Students must file a renewal FAFSA every year to determine possible continued program eligibility. The student is responsible for notifying SSG of a change of address or college choice. Program Limits Awards are restricted to tuition and mandatory fees. Awards may pay a maximum of $630 per academic year at a Michigan public college or university or $1,524 per academic year at a Michigan independent college or university1. Program eligibility ends when a student has received a baccalaureate degree, after completing the equivalent of ten (10) semesters or 15 terms, or when a student has been out of high school over ten years, whichever occurs first. Future awards are subject to available and approved funding.
Delaware Higher Education Ofﬁce As part of the Delaware Department of Education, the Delaware Higher Education Ofﬁce (DHEO) works to ensure that postsecondary education is accessible and affordable for Delaware residents by providing information and ﬁnancial assistance to students and their families. We administer 23 state-sponsored ﬁnancial aid programs, which include grants, scholarships, regional contracts, and professional incentive programs. Last year, 2,114 Delaware residents were awarded $4,252,800 through these programs. As a member of the Southern Regional Education board, Delaware is able to provide additional tuition savings for its residents through the Academic Common Market (ACM), a tuition-savings agreement among 15 southern states. ACM students attending college last year saved an average of $12,800 in tuition costs, totaling more than $1,340,000 in savings for the year. Since joining SREB in 1998, Delaware families have saved over $11,600,000 through the ACM program. To increase educational opportunities for Delawareans, DHEO works with state ofﬁcials to develop new ﬁnancial assistance programs. Twenty programs have been introduced since 1997: • Academic Common Market • Critical Need Scholarship • Delaware College Investment Plan • Delaware Institute for Dental Education & Research (DIDER) / Temple University Partnership • Delaware SEED Scholarship Program • Delaware State Loan Repayment Plan for Health Professionals • Delaware Teacher Corps • Democracy Project D.C. Fellows Program • Michael C. Ferguson Achievement Award • Governor’s Education Grant for Working Adults • Governor’s Education Grant for Unemployed Adults • Charles L. Hebner Memorial Scholarship • Inspire Scholarship • Legislative Essay Scholarship • State University of New York Maritime College Regional Partnership • National Board for Professional Teaching Standards Loan • Nursing Education Retention Scholarship • The Washington Center for Internships and Academic Seminars • Veterinary Medicine Contract Program, Oklahoma State University • Veterinary Medicine Contract Program, University of Georgia DHEO also serves as the state’s clearinghouse for postsecondary data and research. Data is collected on enrollment, ﬁnancial aid, ﬁnance, and trends to meet state and federal mandates, regional contractual agreements, and national data...
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Excerpt from the article: Beware of your credibility blind spots, says Cara Hale Alter, author of The Credibility Code: How to Project Confidence and Competence When it Matters Most (Meritus, 2012).
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Doing something worthwhile on your vacation is the way to go! Volunteer to some meaningful project or better yet, travel and do something purposeful. Go to a different country and do your bit.