Here is one of the best videos available that teaches you the basics of Fibonacci ratios for forex trading. Do pay particular attention to trends and retracements, as some people mess them up and draw the fibonacci ratios in the opposite direction.
Fibonacci ratios has to be in your arsenal for forex trading if it already isn’t. Enjoy!
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Highly informative post…great video on Fibonacci…I enjoyed it thoroughly. Check out my blog for some other helpful tips and articles on forex and automated forex trading systems at http://fxprofitsecrets.com/forex-trading