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!
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
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
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.
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....
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