Jumat, 15 Juli 2011

How To use Fibbonacci retracement

How To use Fibbonacci retracement
1. using 5 nearest candle from the lowest price ( downtrend)
2. look that candle is Going bullish but still have probability to bearish again
3. When the last candle going touch 61.8 line move for another candle if the candle were have lower at highest point than last candle Open Sell and move it will be touch 161.8 line
4. You will get more green point
5. If the trend is bullish you will reverse the starting point and 100 line

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