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| Fibonacci Trading How to Master the Time and Price Advantage Carolyn |
Most traders have been exposed to some aspect of what we call Fibonacci
trading, mostly in reference to Fibonacci price retracements. Traders have
been using these retracements for years to help identify them price support
and resistance. But Fibonacci retracements are just a beginner’s application
of these important ratios for trading. It is how you use them in
different trading situations that is important. In addition, there are other
geometric and harmonic ratios that are equally important that you will
learn about in this book.
What most traders have never been taught is how to use these ratios
for support and resistance time targets in the same manner as they are
used for price targets. When you combine Fibonacci time and price projections
as part of a trading plan, you should have a powerful approach to
identifying trade opportunities. I don’t think there is anyone who is more
qualified to teach you about Fibonacci time and price trading strategies
than the FibQueen herself (aka Carolyn Boroden).
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