Category Archives: Forex Fibonacci

Recognize Reversal And Retracement

Filtering Reversal Or Retracement If you can easily distinguish between retracement or reversal then it is not impossible if you can make easy profits in your trading. In a simple easily understood Reversal of Meaning = reversal (change of trend). While retracement means the temporary reversal, or a temporary reversal. You could say a retracement […]

How To Trade Using Fibonacci Retracement

Fibonacci numbers were developed by Leonardo Fibonacci and it is simply a series of numbers that when you add the previous two numbers you come up with the next number in the sequence. Here is an example: 1, 2, 3, 5, 8, 13, 21, 34, 55 See how when you add 1 and 2 you […]