The widely used Fibonacci ratios
traders to predict the movement of
the price. There are two ratios that the Fibonacci
widely used in forex: Fibonacci
Fibonacci retracement & extension. But
in this training we confine the
topics that are most popuper
Fibonacci retracement.
Fibonacci ratios in the first
introduced by an expert
mathematics that originated from Italy
named Leonardo Fibonacci. He
find a simple sequence of numbers
who miraculously able to explain
movements and growth
appear at random in the universe.
It is as simple sequence
the following:
1,1,2,3,5,8,13,21,34,55,89,144, ... etc..
This sequence of numbers starting digits 1 and
followed by 2 and then
the sum of two numbers
produce a series of numbers that
the next. 1 +2 came number 3, then 2 +3
appears the number 5, then 3 +5 appears
number 8 and so on.
Magic number sequence is then
bring magic ratio is obtained
division of a series of numbers on
with the next Fibonacci numbers:
13: 21 = 0619
21: 34 = 0618
34: 55 = 0618
55: 89 = 0618
89: 144 = 0618
Finally found a rate ratio
Fibonacci: 0618
Next by dividing a number
Fibonacci series with numbers on the two
The next series the ratio obtained
Fibonacci others:
13: 34 = 0382
21: 55 = 0382
34: 89 = 0382
and so on ....
For the purposes of forex, this is the ratio
Fibonacci you should know:
Fibonacci Retracement Levels:
0236, 0382, 0500, 0618, 0764
Fortunately you do not have to bother
calculating these figures. In almost
each chart is usually already there
facility to calculate the ratio
Fibonacci. You simply set 'swinghigh'
and 'swing-low' is in
a currency movements, the software
will provide a calculation of the ratio
fibonaccinya.
Traders typically use the ratio
Fibonacci retracement levels to
establish support and resistance. The
traders use it to capture
opportunity 'buy on dip' (buy when prices
down) on a rising trend or 'sell on
high '(sell when prices rise) on the trend
down.
Selasa, 06 Desember 2011
Fibonacci
