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Thread: Fibonacci and elliot waves.

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    Member antosco is on a distinguished road antosco's Avatar
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    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.

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    Member antosco is on a distinguished road antosco's Avatar
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    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

  3. #44
    Banned aum is on a distinguished road aum's Avatar
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    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.

    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.


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    Member taufiqbd will become famous soon enough taufiqbd's Avatar
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    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.

    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.


  5. #42
    Member ermaniso2011 has a spectacular aura about ermaniso2011 has a spectacular aura about ermaniso2011 has a spectacular aura about ermaniso2011's Avatar
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    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.

    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.


  6. #41
    Senior Member mukta is an unknown quantity at this point mukta's Avatar
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    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.

    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.


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    Member ayakcalysta is an unknown quantity at this point ayakcalysta's Avatar
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    Quote Originally Posted by purohit View Post
    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.
    indeed sir, I agree with your opinion that all the indicators are good but should be tailored to the circumstances at the time. indicators in addition we also run bisns forex kejelihan required in analyzing the market, so we can minimize the worst for us.

    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.


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    Member 3mala is on a distinguished road 3mala's Avatar
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    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

    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.


  9. #38
    Member hanna is an unknown quantity at this point hanna's Avatar
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    ActuallyI am beginner in forex.
    So i am confused about Fibonacci and elliot waves.
    But Now I am try to learn and clear concept about this

    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.


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    Member william88 is on a distinguished road william88's Avatar
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    fibonaci and elliot wave is a good strategy if u can used it..because using fibonaci retracement..we can know where to take profit..and where is the line it can bounce back..Which can be useful it,if we know how to use it..

    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.


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