Try Fibonacci Fan Tool!!!

[rookie001]

Exactly right dk ... without testing a tool on demo you can't have the faith and confidence in the tool that is gonna carry you through live sessions. Those who use Fibonacci tool in any form know fully well that a high and low of one move are joined together with that tool to devise fib ratios. Fan tool works the same way ... and it works mostly when in times of confusion ... when you think that market is behaving strangely ... and obeying new levels that are not given in your daily pivots nor are in history SRs ... draw fibonacci fan and you will find its levels being obeyed. Analysis is all about knowing where might be the next stop ... and this tool could tell you where next level might be.

[dareking]

agar ap kese bhea strategy k baray mai study karty hain us ko samjhty hain tou he ap ko use karna cahay kio k kafi time aysa hota hai jou auto hoty hain wo kabhea wrong signal bhea dai sakty hain jis sai ap ko kafi loss ka samna hota hai,....

Jis kisi bhi strategy ka use kare lekin sabhi strategy ka real se pahle demo test karna padta hai, isliye aapko pahle demo par achchi tarah se strategy ka use karna chahiye bhai, taaki real par maar naa khaa sake.

[ucek21]

let's look at what happened after the Swing High occurred

[IMG]http://www.********.com/school/images/****e3/fibonacci-retracement-uptrend-end2.png[/IMG]

Price pulled back right through the 23.6% level and continued to shoot down over the next couple of weeks. It even tested the 38.2% level but was unable to close below it.
Later on, around July 14, the market resumed its upward move and eventually broke through the swing high. Clearly, buying at the 38.2% Fibonacci level would have been a profitable long term trade!

[nemya]

I personally use the Fibonacci in every analysis. it is a major tool for me it helps me detremines the strongest supportt and the strongest resistance in the chart. the fibo is very effective and easy to learn

[naziakhan]

bhai ye hai to wo hi tool jo mt4 mein hota hai, lekin usmein aur ismein kafi fark hai, ye automatic hi sab kuch set kar deta hai, wo set karna pdta hai, lekin mere hisaab se ye bhi ek achcha hi indicator hoga.

han bhai ya ak kafi achi tool hay aur buhat saray experienced traders es tool ko apni trading ma use kartay hay , es tool ko use kar k hum trend k baray ma information hasil kar saktay hay jo k hamari trading ma help karti hay .

[Hina kundi]

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[bayumukti]

I have seen many people use fibonacci retracement but has seldom found someone using fibonacci fan ... I came across an indicator which was based on fan tool and provided vertical lines of support and resistance and was not very reliable. However, actual tool without customization is a fine thing and provides solid levels which are respected by the market more often than not. Here is what is depicted in the market.

i agree with you that trade with fibonacci retracement can give us much of profit because i usually also use this tool in every my trading.. and i get good result when i use this tool to take technical analysis..

[sunila]

agar ap kese bhea strategy k baray mai study karty hain us ko samjhty hain tou he ap ko use karna cahay kio k kafi time aysa hota hai jou auto hoty hain wo kabhea wrong signal bhea dai sakty hain jis sai ap ko kafi loss ka samna hota hai,....

[aspire4530]

in fact all it is a very good indicator, live how we apply it, if we only rely on one indicator is also in my opinion is not good, but not too much, if it's too much also can impair vision we now analyze. maybe because it's the name of the fibo it will be very good as well if we combine it with fibo retracement.

[Thunderboy]

well jaisa mai finnobic retracement tool ko janta hoon wo to flat line draw karta hai mai excited hoon kya aap ise aur tafseel me samjhayenge because maine ye isse pehle nahi dekha kabhi to samajhne me jara problem ho rahi hai.
thanx