Category Archives: Forex Fibonacci

Recognize Reversal And Retracement

Written by admin on July 2, 2016 — Leave a Comment

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

Written by admin on June 27, 2011 — Leave a Comment

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 […]