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Trading the Fibonacci retracement methodology

Hosted by: Admiral Markets

Expert:  
Registered Users: 36 users
Start: Mar 19, 2013 12:00PM GMT
End: Mar 19, 2013 01:00PM GMT


The psychology of buyers and sellers is the number one factor driving them to take decisions whether to buy or sell a given currency pair. Fibonacci methodology clearly aims to clarify the various psychological levels involved in decision making, especially during a trend reversal or a correction, the commonly called retracement.

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