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Fibonacci Trading | Waiting Patiently For The Perfect Entry

September 10, 2015/in Business, Education /by Emini Tutor

http://eminitutor.com/Fibonacci Trading | Waiting Patiently For The Perfect Entry Opportunity | Sept. 10, 2015. Learn Professional Day Trading entries and exits to gain consistency. Futures Strategies and Setups using EMini Tutor’s “One On One” Approach

Fibonacci Trading Retracements are ratios used to identify potential reversal levels. These ratios are found in the Fibonacci sequence. The most popular Fibonacci Trading Retracements are 61.8% and 38.2%. Note that 38.2% is often rounded to 38% and 61.8 is rounded to 62%. After an advance, chartists apply Fibonacci ratios to define retracement levels and forecast the extent of a correction or pullback. Fibonacci Trading Retracements can also be applied after a decline to forecast the length of a counter trend bounce. These Fibonacci Trading retracements can be combined with other indicators and price patterns to create an overall strategy.

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