The Fibonacci lines are very clear tools to find a good market entry, the law of Fibonacci says, if you enter the correct point, you go in the right point, they are always correct, but we must still put Stop loss.
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The Fibonacci lines are very clear tools to find a good market entry, the law of Fibonacci says, if you enter the correct point, you go in the right point, they are always correct, but we must still put Stop loss.
At first I thought, that the function of fibonanci is to determine the point where the price is usually reversed direction. I often use to limit overbought or oversell. Then for the OP I do turnaround strategy. The result, it sometimes works, but more often disappointing for a little Time Frame.
'Make money' is not a trading plan. A trading plan is a blueprint for trading success; it spells out what you see your edge as being; if you don’t have an edge, you don’t have a plan, and likely you’ll wind up a statistic (part of the 95% of new traders that lose and quit).
Some are worrying about the loses that has not happen yet.... I really have to smile on this one. Because this is the reason why some traders will not trade with a strong signal afraid to experience loss and trade with the wrong signal instead
Fibonacci number is a awesome invention. Nature (like birds, flowers etc.) also follows the number.In forex trading business, it has great importance. In market Fibonacci indicator is also available.The accuracy rate of the indicator is very good.It is safe and reliable.
I dont know about it. I hear 1st time about this in the forum. If you have some material on this please shear with us. So can we also know about it. This is good habit to know more and more
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
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,
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
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.