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fibionacci retracement
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Member Since Mar 07, 2011 2 posts
youngtrader92
Mar 07 2011 at 18:04
im kinda confuse...
how to use fibionacci retracement and what function of that thing... 
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Member Since Apr 01, 2011 61 posts
Psymon (psymon)
Apr 12 2011 at 15:24
look into zigzag as well...
its all down hill from here! |
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Member Since Feb 28, 2011 7 posts
margono (neoargo71)
Apr 13 2011 at 04:31
Fibonacci is excellent for determining the price level, but its use must be updated every day. also use RSI and Stochatic for confirmation. good luck.
FOREX HAS MEMORY |
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Member Since Apr 14, 2011 19 posts
www.fxmarketwatch.com (Beverley)
Apr 26 2011 at 09:34
Price Action seems to respect the fibonacci levels for support and resistance. the simplest way to explain how to use it is to expand it from the last swing high or swing low to give you potential levels for support or resistance. Practice makes perfect. All Hail to Google for help with this.
cut your losses short and let your profits run |
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Member Since Apr 26, 2011 16 posts
top1trader
Apr 26 2011 at 12:28
i am using fibonacci successfully....fibonacci extension... price will bounce
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Member Since Sep 04, 2010 11 posts
pietpip
Sep 01 2011 at 09:51
If you bring fib into your trading system you will most likely increase your accuracy. There are many sites that will explain it in detail and you can start with www.babypips.com.
@crummygrumble get my trades as it happens. |
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Member Since Apr 11, 2011 190 posts
Splexin (Splexin)
Sep 02 2011 at 20:29
I love Fibs.....also look into S/R levels and pivot points.....indicator called AutoPivot is great. You can also find one called AutoFibo that draws Fibonacci for you and highlights retracement area....
Everything should be as simple as it can be, but not simpler. |
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