Fibonacci analysis started with retracements of prices during a trend according to Fibonacci sequencend it is extremely surprising how many times we see the trending prices retracing to Fibonacci levels of 38%, 50% or 61% and then continuing the trendhen we talk about Fibonacci numbers in nature etc, it seems to have several magic behind itut then really magic has a logic behind ithat I am talking is Fibonacci in flower petals, in shell spirals, in the family trees of rabbits and cows and so onut the why Fibonacci works in trading alsos it that magic or is there a logicell, no magic is without a logic or reasoning and same is true with Fibonacci study in tradingWhy do technical investigation indicators workhe major reason that any technical investigation indicator works is mainly as a result of the number of traders taking major positions on the basis of the signals generated by ithe success of any indicator depends on the number of traders following the signals generated by ... [Read More - Forex Signals 100]
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