Get rich trading forex with fibonacci


Get rich trading forex with fibonacci


Want to learn more about how to use this tool in your trading. Well, check out The Fibonacci Retracement Training Series - this video I show an effective way of using the Fibonacci Retracement Tool in trends combined with price action. Requires patience and timing, but once you have gotten the hang of it, it is quite effective form of trading.For Updates -Get Email Updates - - - Plus - Watching fprex video and clicking the play button it means also that you agree to the disclaimer at the website here.

Hi all,I believe this day-trade method is very simple and effective. Relative Strength Index RSI(14)When RSI tags 70 or higher you have confirmed existence of uptrend (impulse wave(s)).IF then RSI in correction holds above 40 and turns up, you have possible confirmation fibomacci the end of corrective wave(s) (ABC type of correction wihh my favorite but be careful, you could also have ABCD or only one corrective wave in strong trends).When RSI tags 30 or lower you have confirmed existence of downtrend (impulse wave(s)).IF then RSI in correction holds below and turns down, you have possible confirmation of the end of corrective wave(s).Also pay attention to divergences between PA and RSI when RSI is in fibonaxci (30) or overbought (70) territory.




Rich with trading forex fibonacci get

Get rich trading forex with fibonacci

Get rich trading forex with fibonacci



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