Sunday, March 15, 2009
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» Trading Video: Fibonacci Retracement & Support/Resistance
Trading Video: Fibonacci Retracement & Support/Resistance
I believe many people have benefited & learnt something from the video I shared few weeks ago where we learnt some trading tips.
That video has given us an example on how to use Fibonacci tools to predict market retracement.
Fibonacci Retracement is indeed a very useful tool in technical analysis, which I personally like and always use when analyzing a stock and preparing a trading plan.
However, when using Fibonacci Retracement to predict market retracement or to estimate price target, we should also consider the previous support / resistance level.
The new video here gives us some real examples about this.
Do watch carefully and learn something from it. Enjoy! :)
Related Topics:
* FREE Trading Educational Videos You Should Not Miss
* Short Trading Videos: Fibonacci Retracement Rules
* Learning Candlestick Charts
* Learning Charts Patterns
That video has given us an example on how to use Fibonacci tools to predict market retracement.
Fibonacci Retracement is indeed a very useful tool in technical analysis, which I personally like and always use when analyzing a stock and preparing a trading plan.
However, when using Fibonacci Retracement to predict market retracement or to estimate price target, we should also consider the previous support / resistance level.
The new video here gives us some real examples about this.
Do watch carefully and learn something from it. Enjoy! :)
Related Topics:
* FREE Trading Educational Videos You Should Not Miss
* Short Trading Videos: Fibonacci Retracement Rules
* Learning Candlestick Charts
* Learning Charts Patterns
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