Fibonacci has also really helped me allot and its very important to always incorporate some of it in your trading to find those market turns that will help you become profitable . in forex the more tolls you have the better you'll be in trading
Fibonacci has also really helped me allot and its very important to always incorporate some of it in your trading to find those market turns that will help you become profitable . in forex the more tolls you have the better you'll be in trading
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.
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.
try fibonacci,i use it,this indi can help you to look at Support and resistance,fibo used most of american traders,there are many types of fibonacci.
to use it,klik and drag lower price,minimum in 1hr TF i think,drag to highest price in that periode,you will se the magic of fibo.
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.
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)
fibonnaci numbers and levels are just magical and they are very nice in letting you get a nice exit and entry point and also on where to place your stoploss. i like using them in my trading because at times they are correct to the pip and this enables me to execute my trades without worry
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.
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
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.
sherylwajid (2018-06-14)
There are currently users online. members and guests
Threads:
Posts:
Member: