FOREX Fibonacci Studies - How To Draw Your Fibonacci Retracements / Extensions
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Uploader Comments (sionsmith)
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I think you have drawn the First Fibonacci line backwards....
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Good video explaining Fibonacci in detail.
For basic, clear, simple and step-by-step instructions view our videos.
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If the foreign exchange is also affected by traders' actions, using collectively the fibonacci thing wouldn't affect the whole scheme? In this way someone could take advantage from this..maybe someone with enough capital to organize a HUGE Forex scam, so huge it seems true.
Yes Fibonacci numbers appear everywhere in nature, but behavorial economics show that people respond to incentives and IF I have a bit more information than you I can distort it to shape your behavior in my favor.
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Entre em nosso portal que vc aprende a ganhar U$ 1 Milhão, vc vai ser prospero.
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I quite enjoyed watching this video. It was very educational and would recommend it to others. Thanks, Sion.
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@FreeFOREXautoROBOTS this EA you are talking about, simply does not work,.I runn a mt4 backtest since last year with big losses. Becareful with these EA's
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Thanks for the video, but I prefer free EA
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You should choose the last swing yes, that is correct - if you referring to the video above the swing down was a retracement to the next upward movement which is what i was using it for in that example, if that makes sense?
sionsmith 2 years ago