1. Mr. Fibonacci

Mr. Fibonacci   First, I'll introduce you to the man who made-known the famous mathematical ratios that are so interesting and so widely applied. His original name was Leonardo di Pisa but for reasons I will not deal with here, he later became...

Thursday, 08 October 2009 | Read more

2. Fibonacci Retracements

Fibonacci Retracements   Many different Fibonacci Forex systems or studies have been developed. Here, we will concentrate on Fibonacci Retracements because they are so important to Forex trading. Fibonacci Retracements are percentage values...

Thursday, 08 October 2009 | Read more

3. Review of Fibonacci Retracement

Review of Fibonacci Retracement   Fibonacci Retracement Levels are 0.236, 0.382, 0.500, 0.618, 0.764 Depending on the nature and direction of the underlying trend, Fibonacci Retracement can be used to: Initiate a new trade Add to an...

Thursday, 08 October 2009 | Read more