Bill Poulos – The Truth About Fibonacci Trading
Bill Poulos – The Truth About Fibonacci Trading
Size: 832 KB
The Truth About Fibonacci Trading
The truth about Fibonacci levels is that they are useful (like all trading indicators). They do not work as a standalone system of trading and they are certainly not the “holy grail”, but can be a very effective component of your trading strategy.
But who is Fibonacci and how can he help you with your trading? Leonardo Fibonacci was a great Italian mathematician who lived in the thirteenth century who first observed certain ratios of a number series that are regarded as describing the natural proportions of things in the universe, including price data. The ratios arise from the following number series: 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144 ……
This series of numbers is derived by starting with 1 followed by 2 and then adding 1 + 2 to get 3, the third number. Then, adding 2 + 3 to get 5, the fourth number, and so on
Get Download Links For Membership
[center][b][color=red]You are not VIP Member[/color][/b]
[i]Please contact Skype or Gmail for VIP membership and be able to download this item.[/i][/center]
