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fibionacci retracement
Mar 07, 2011 at 18:04
1,472 Views
6 Replies
Member Since 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...😲
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
Member Since Apr 26, 2011
16 posts
Apr 26, 2011 at 12:28
i am using fibonacci successfully....fibonacci extension... price will bounce
forex_trader_33781
Member Since Apr 11, 2011
200 posts
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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