youngtrader92
Mitglied seit Mar 07, 2011
2 Posts
Mar 07 2011 at 18:04
im kinda confuse...
how to use fibionacci retracement and what function of that thing...😲
how to use fibionacci retracement and what function of that thing...😲
look into zigzag as well...
its all down hill from here!
Margono MW
(neoargo71)
Mitglied seit Feb 28, 2011
17 Posts
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
Beverley Hurlimann
(Beverley)
Mitglied seit Apr 14, 2011
19 Posts
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
top1trader
Mitglied seit Apr 26, 2011
16 Posts
Apr 26 2011 at 12:28
i am using fibonacci successfully....fibonacci extension... price will bounce
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.
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