Forex Zone - Forex Forum

How to apply FIbonacci retracements

Discussion started on Forex Education

  • Full Member
  • Posts: 175
  • Points: 675
  • Likes Received: 0
  • Reputation: +0/-0
I think this indicator is very good and very simple
#166 - November 15, 2022, 04:32:11 AM

  • Full Member
  • Posts: 160
  • Points: 660
  • Likes Received: 0
  • Reputation: +0/-0
It's easy to just pull the low and high
#167 - November 17, 2022, 07:42:02 AM

  • Sr. Member
  • Posts: 306
  • Points: 1016
  • Likes Received: 13
  • Reputation: +0/-0
use ripe Fibonacci, meaning when you trade use the right one
#168 - November 22, 2022, 12:40:54 AM

  • Hero Member
  • Posts: 502
  • Points: 17
  • Likes Received: 3
  • Reputation: +0/-0
if you use Fibonacci it will make us even more interested
#169 - November 26, 2022, 05:12:47 AM

  • Full Member
  • Posts: 125
  • Points: 625
  • Likes Received: 0
  • Reputation: +0/-0
usually what I know from traders who can use fibonanci, the method that is widely used is to first determine the time frame we will use, then we determine which high and low are, and from the high and low we draw the fiber, so it's quite easy and simple use it, and has also proven to be good for trading use
#170 - December 06, 2022, 05:45:08 AM

  • Hero Member
  • Posts: 67242
  • Points: 632
  • Likes Received: 99
  • Reputation: +18/-46
actually using Fibonacci is easy, the difficult thing is to place the top and bottom shoots accurately
#171 - December 16, 2022, 10:33:49 AM

  • Newbie
  • Posts: 47
  • Points: 548
  • Likes Received: 4
  • Reputation: +2/-0
analysis using Fibonacci does need a thorough understanding so that open positions are also good
#172 - December 18, 2022, 06:38:43 AM

  • Hero Member
  • Posts: 65296
  • Points: 627
  • Likes Received: 57
  • Reputation: +53/-46
if you decide to use Fibonacci then you have to be prepared with all the risks if it is in the wrong direction but that's a fact
#173 - December 22, 2022, 05:49:44 AM

  • Hero Member
  • Posts: 67242
  • Points: 632
  • Likes Received: 99
  • Reputation: +18/-46
you can preview. How is the movement of the currency pair then you use the Fibonacci
#174 - December 30, 2022, 02:28:10 AM

  • Hero Member
  • Posts: 65296
  • Points: 627
  • Likes Received: 57
  • Reputation: +53/-46
try to use Fibonacci if you can you are great because Fibonacci is very difficult In my opinion
#175 - January 01, 2023, 06:10:51 AM

  • Hero Member
  • Posts: 67242
  • Points: 632
  • Likes Received: 99
  • Reputation: +18/-46
using Fibonacci makes you comfortable but you have to know how
#176 - January 04, 2023, 08:28:29 AM

  • Hero Member
  • Posts: 65296
  • Points: 627
  • Likes Received: 57
  • Reputation: +53/-46
Using Fibonacci is simple but setting it up for not everyone can be careful
#177 - January 17, 2023, 03:54:25 AM

  • Hero Member
  • Posts: 67242
  • Points: 632
  • Likes Received: 99
  • Reputation: +18/-46
using Fibonacci must be in a state of trend because it is only a correction
#178 - January 18, 2023, 02:33:32 AM

  • Hero Member
  • Posts: 65296
  • Points: 627
  • Likes Received: 57
  • Reputation: +53/-46
using Fibonacci has to have a good foundation so you can use it
#179 - January 23, 2023, 04:31:29 AM

  • Hero Member
  • Posts: 67242
  • Points: 632
  • Likes Received: 99
  • Reputation: +18/-46
Fibonacci will be very useful for corrections and great for trading
#180 - January 25, 2023, 08:56:54 AM

Members:

0 Members and 2 Guests are viewing this topic.