Explore beyond the basics of Fibonacci.
You know that FibLevels have a powerful effect on the markets, and you probably know the basics of Fibonacci trading, but need to find a better way to use it in the markets. So you can put a bunch of Fibonacci Levels on a chart, what to do about it? How do you use these levels to make good trading decisions?
When a FibLevel breaks, there is money to be made! When a FibLevel holds, there is also money to be made! But how do you know whether a FibLevel has broken? Or will it hold? If you knew that, you would know which way to trade the market! A support level that breaks can provide great profits to the downside. A Support level that holds can give excellent long trades. The same is true for resistance FibLevels. Read more here .....Fibonacci
Regards
Rish
I wanted to vote for 2975
ReplyDeleteAs I calculated it
http://learnthetrick.blogspot.com/2008/10/all-stop-loss-hits-all-in-cash.html
Can you elaborate on your fib level working.