Fibonacci and elliot waves.

[purohit]

Both are powerfull indicator according to me all indicators are good its depend on the trader that how he use the indicator if he have good knowledge about indicator and know when to buy and when to sell than he can make profit for him otherwise all went into wain and market left the trader behind.

[sufanw1]

The Fibonacci numbers are 1,1,2,3,5,8,13,21 etc you get the next number by adding the two previous adjacent numbers.
After the first four numbers,dividing any Fibonacci number by the one preceding it will yield the ratio1.618,and dividing any number by the number immediatly following it will yield 0.618
dividing any Fib number by the number which precede it two places yields 2.618
and dividing the same number by the one that succedet by 2 places yield 0.382
continuing in this way we get the ratios 4.236 ,0.236
these ratios are considered by elliot the primary determinant of the extent of price and time movements in any market

Both indicators were or fibonacci and elliot waves indicator of pride and is my favorite. Because just by using and relying on two indicators, I can generate profit and loss rarely get in forex trading. How to use the indicator is to look at the line formed only, after that we can decide and analyze prices.

[roncos]

The Fibonacci numbers are 1,1,2,3,5,8,13,21 etc you get the next number by adding the two previous adjacent numbers.
After the first four numbers,dividing any Fibonacci number by the one preceding it will yield the ratio1.618,and dividing any number by the number immediatly following it will yield 0.618
dividing any Fib number by the number which precede it two places yields 2.618
and dividing the same number by the one that succedet by 2 places yield 0.382
continuing in this way we get the ratios 4.236 ,0.236
these ratios are considered by elliot the primary determinant of the extent of price and time movements in any market

science and useful lessons
I beg you to learn the host
and I am very grateful if you would give me the experience and lessons to me and us all the newbie

[Nusrat]

I think Elliot waves is very good indicator because but i did not use it before but various member of this forum said that this indicators are giving very good signal and they are getting good profit also.

[rathod]

yar mauaja es post ke bilkul be samaja nhi ayae ah ka bat ho sakta ha muaja to es ka bara main kuch be pata nhi chala raha ka trading kasa karnae ha or es maian kasa boht sara prfoit earned karna ha mauanja to bilkul be pata nahi ha ka trading kasa or kis tara karta han,

[rathod]

yar mauaja es post ke bilkul be samaja nhi ayae ah ka bat ho sakta ha muaja to es ka bara main kuch be pata nhi chala raha ka trading kasa karnae ha or es maian kasa boht sara prfoit earned karna ha mauanja to bilkul be pata nahi ha ka trading kasa or kis tara karta han,

[najaf12345]

Hi
The fibonacci lines are very clear tool to find a good market entry . the law of fibonani says. if you enter the corect point you go in the right
point, they are always correct but we must still put stop loss.

[anoha]

In fact I love any trading method has the Fibonacci lines, because the price of these lines respects a lot and there are several indicators you draw Fibonacci, a very good automatic and accurate to the fullest extent .. Thank you

[Nabi Ahmed Gill]

The Fibonacci numbers are 1,1,2,3,5,8,13,21 etc you get the next number by adding the two previous adjacent numbers.
After the first four numbers,dividing any Fibonacci number by the one preceding it will yield the ratio1.618,and dividing any number by the number immediatly following it will yield 0.618
dividing any Fib number by the number which precede it two places yields 2.618
and dividing the same number by the one that succedet by 2 places yield 0.382
continuing in this way we get the ratios 4.236 ,0.236
these ratios are considered by elliot the primary determinant of the extent of price and time movements in any market

yar mauaja es post ke bilkul be samaja nhi ayae ah ka bat ho sakta ha muaja to es ka bara main kuch be pata nhi chala raha ka trading kasa karnae ha or es maian kasa boht sara prfoit earned karna ha mauanja to bilkul be pata nahi ha ka trading kasa or kis tara karta han,

[najaf12345]

hi
where can i see a description or a more detailed discussion? understandably i was a beginner and want to know how to use these fibonanaci indicators.
i have read about but do not understan well the indicator means please provide a detailed explanation so that i easy understand, thank you