Fibonacci Retracement is an integral part of Forex Trading, but because of the uncertainty in the currency market, traders usually don't know how to use Fibonacci Retracements or use them improperly. This is a technique that I've developed for my news trading and it works exceptionally well after news release time to calculate proper retracement. This is taken from the live trading session of April 2, 2010 NFP release, also watch that video and see how I was able to predict retracement and entry.
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