Friday, November 23, 2012

Simple and Consistent Fibonacci Forex Strategy

The tool fibonacci indicator in technical analysis often use to anticipate trend changing in the forex market. The four popular fibonacci studies are arcs, fans, fibonacci retracements, and time zones. The serie fibonacci numbers was found by Leonardo Fibonacci, an Italian mathematician. He is known to have discovered a sequence of fibonacci numbers where each successive number is the sum of the two previous numbers.

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