The Truth About Fibonacci Trading.pdf

The Truth About Fibonacci Trading

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Synopsis E-book: The Truth About Fibonacci Trading

The truth about Fibonacci levels is that they are useful (like all trading indicators). They do not work as a standalone system of trading and they are certainly not the “holy grail”, but can be a very effective component of your trading strategy.

But who is Fibonacci and how can he help you with your trading?

Leonardo Fibonacci was a great Italian mathematician who lived in the thirteenth century who first observed certain ratios of a number series that are regarded as describing the natural proportions of things in the universe, including price data. The ratios arise from the following number series: 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144 ……


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  • FileName: The Truth About Fibonacci Trading
  • Author: Bill Poulos
  • Language: English
  • Size: 395 kb | Remove!

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  • FileType: .pdf
  • Dir.: Part9
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