asiaforexmentor Posted August 4, 2012 Share Posted August 4, 2012 Forex Trading Strategies – Fibonacci Alot of guys out there have enquires on how to draw a proper fibonacci in forex trading. Whether they are drawing in the right direction? And how do they know that the fibonacci is drawn correctly? This video will show you how to go about it. (I apologise for the poor resolution quality which i had set wrongly, the next video will be better!) http://www.youtube.com/watch?v=bF6XYAeNYM0&feature=player_embedded If you like this post, don’t forget to comment on it. Ezekiel Chew Asia's #1 Forex Mentor Quote Link to comment Share on other sites More sharing options...
standart Posted October 10, 2012 Share Posted October 10, 2012 I wonder why the price always react on fibonacci level and then I found the fact that actually many traders use fibonacci indicator as their support and resistance level. its why the price always react on those fibo level before decide to retrace or make continuation. Quote Link to comment Share on other sites More sharing options...
Superforex Posted April 7, 2016 Share Posted April 7, 2016 If you're interested in Fibonacci levels, you can learn more about this & the related elements of technical analysis here (and it's free). Quote Link to comment Share on other sites More sharing options...
Vaabum Posted August 31, 2022 Share Posted August 31, 2022 In my opinion, the most important thing in choosing a strategy is profitability. I would pay attention to this. Quote Link to comment Share on other sites More sharing options...
boltushkin Posted September 1, 2022 Share Posted September 1, 2022 Anybody tried VWAP indicator for FX? Wanna try it with Hotforex but still haven't figured out how to use it. Quote Link to comment Share on other sites More sharing options...
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