Forex Education

[Ataglance2]

Now a word on fib placement.:
If the trend is in a downtrend,start your fib at the bottom of the leg and end it at the top of the starting leg..this way your extension numbers or support lines go below the price..,then wait to see at what ratio number the price stops at,the you will know at which speed you can expect ,and which extension price to shoot for before pulling the trigger on profit..and vice versa in and uptrend...you need to read page 3 of the fib secret pdf to understand what im saying...