Fibonacci Forex
Top 4 Fibonacci Retracement Mistakes To Avoid How to trade with zigzag fibonacci forex trading strategy? buy (long) trade setup rules. entry. the last line drawn by the zigzag indicator should be going up; use the fibonacci retracement tool to measure the swing points from the low to the high; wait for price to come back at around the 50% level. Fibonacci numbers really work in forex trading because they reflect the psychology of the traders. trading forex or stocks is all about knowing the psychology of the traders: when most traders sell, the price goes down and when they buy, the price goes up. Forexfibonacci Strategy Price Action Trading Course After the first few numbers in the sequence, if you measure the ratio of any number to the succeeding higher number, you get. 618.. for example, 34 divided by 55 equals. 618. if you measure the ratio between alternate numbers you get. 382.. for example, 34 divided by 89 = 0. 382. Report content to report this post you need to login first...