Fibonacci and elliot waves.

Fibonacci and Eliot Waves is most famous in forex.Trader fibonacci use for retreacements and elliot wave use for confirmation right trend.use this two tolls with others indicatorsvfor best result.

Actually fibonacci and eliot-waves are designed based on the attitude of the traders.it is how eliot-waves were found .he has discovered that people emotions and trading looks like waves and even the market is in bull or bear you will never see a none stop drive there are always pullbacks and it is connected to people attitude.

I have no enough knowledge about it, when I read this topics then I fell it is very difficult as a result I do not perfectly understand it. Any one help he to present Fibonacci analysis more easily present me that I can easily understand.

Actually fibonacci and eliot-waves are designed based on the attitude of the traders.it is how eliot-waves were found .he has discovered that people emotions and trading looks like waves and even the market is in bull or bear you will never see a none stop drive there are always pullbacks and it is connected to people attitude.

I enjoy using the fibonacci ratios for my calculations below, is the formular for calculating fibonacci ratios:
R3 = PP + RANGE * 1.0, R2 = + RANGE * 0.618, R1 = PP + RANGE * 0.382

PP = (H + L + C) / 3

S1 = PP – RANGE * 0.382, S2 = PP – RANGE * x 0.618, S3 = PP – RANGE * 1.0

I just see the elliot wave as too very complex so I don't bother myself to learn it but when I see people using it and saying that it is very helpful for our analysis, I just wish that I have learned it. Anyway, I think it is the next cause that I should be learning.

Your information is not completely provided at here and a newbie will not be able to understand anything from it . So i think you should write it clearly about Fibonacci and Eliot wave for the newbies .

I love fibonacci so much, the fcat still remains that traders should be using them on the longer time frame, this is the only way we can getting he bets out of using the fibo analysis.

I love fibonacci so much, the fcat still remains that traders should be using them on the longer time frame, this is the only way we can getting he bets out of using the fibo analysis.

Actually fibonacci and eliot-waves are designed based on the attitude of the traders.it is how eliot-waves were found .he has discovered that people emotions and trading looks like waves and even the market is in bull or bear you will never see a none stop drive there are always pullbacks and it is connected to people attitude.