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andya andry (2013-08-25)
To my understanding,the price action will retrace itself and the retracement might continue till 38.2% or 61.8% or it can be even 100%. So, these ratios 38.2% and 61.8% are considered to be important as the market might find support or resistance at these levels.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
In another calculation is excellent for Fibonacci is coupled with a trend line (trend line). Where Fibonacci levels can work well when the movement experienced trending market, it is perfectly reasonable thing to do. But you need to remember that every time the pair was having a rising trend, the trader can use Fibonacci retracement levels as a way to enter the market.
So why not find a level where Fibonacci level contact with the trend.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
To my understanding,the price action can retrace itself and also the delectation would possibly continue until thirty eight.2% or 61.8% or it are often even 100%. So, these ratios thirty eight.2% and 61.8% area unit thought-about to be necessary because the market would possibly notice support or resistance at these levels.................
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Unregistered (1)
To my understanding,the price action will retrace itself and the retracement might continue till 38.2% or 61.8% or it can be even 100%. So,This is the update of morning's trade.i opened order @ 1.6012 and i closed the order @ 1.6122.110 pips in a day.I think @ 61.8 fibo level we can expect a little downside movement bt im not going to trade there
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Unregistered (1)
This is the update of morning's trade.i opened order @ 1.6012 and i closed the order @ 1.6122.110 pips in a day.I think @ 61.8 fibo level we can expect a little downside movement bt im not going to trade there
Hope u can have a idea about trendlines and fibos[COLOR="Silver"]
---------- Post added at 12:45 PM ---------- Previous post was at 12:44 PM ----------
---------- Post added 01-11-2013 at 12:44 PM ---------- Previous post was 01-10-2013 at 10:26 PM ----------
Another example
This is EUR/CAD 4h chart
U can see nearly 100pips upside movement after hit the trend line and from 23.6 fibo line we can see downside moment.it means 23.6 acts as a resistance.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Unregistered (1)
I understand the price returns to 38.2% in May and can continue, or 61.8%, until 100% retracement. So, these will be held at 38.2% and 61.8% of the indicators of the importance of the market have support or resistance at these levels.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Unregistered (1)
alright i really understand more about the best way to trade with the trend and Fibonacci because as for me i do make use of the Fibonacci as a form of support and resistance thats the very best way i can trade and earn more
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Unregistered (1)
Okay, I'm actually more of a trade and development as well as for me, I use Fibonacci, support, that the best way is when the Fibonacci and resistance, they are the best marketing deserves more
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Unregistered (1)
good i really comprehend more about the best way to business with the pattern and Fibonacci because as for me i do create use of the Fibonacci as a way of assistance and level of resistance thats the very best way i can business and generate more
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
hina.rubani (2013-02-27)
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