Post questions answers for anything related to trading
27/02/2010 05:44:00
 Tom Leeson Administrator Posts: 662
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Fibonacci Retracements Fibonacci retracements measure the strength of an initial price move by establishing the beginning and end of the price move using the swing highs and lows. Once these points are established, prices are projected that represent different percentages (based on Fibonacci sequence numbers) of the original move.
-- MicroTrends tom
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