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Fibonacci trading strategy

Written by Martin Grippen. Visit also my Google plus site ,Facebook site. and my blog about Forex.

Fibonacci trading is a trading strategy traders can use in the Forex market (the money market / the capital market).

The Fibonacci rule is a rule that says if a curve goes from 0 to 100 % and falls to point 61,8% the curve will rise again to 100 % and fall to point 61,8 %.  The rise from point C to D is usually the longest rise. If the rise from A to B is 100 % then the rise from C to D is 110 %. The rise from E to F is 100 %.

Fibonacci trading is useful when the currency rate rise and fall. In a Fibonacci trading terminology a rise in the currency rate is called an uptrend and a fall in the currency is called a downtrend.

The Fibonacci trading strategy is useful both when the currency rate is upward and when the currency curve is downward.

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Trading CFDS in Forex, stocks, indices, ETFS and commodities has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to your investment in the CFDS in Forex, stocks, indices, ETFS and commodities market. Don't trade with money you can't afford to lose. Your success depends on your background, dedication, desire and motivation. Content on this website is for illustrative purposes only. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.