Recent content by valentinestock

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    Why can Fibonacci ratio become the Support or Resistance?

    Maybe, I'll include it in my system. However, I need more time to understand and test strategies :rolleyes:. Hope it works! :)
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    Why can Fibonacci ratio become the Support or Resistance?

    Yes. No all Fib retracements can be support and resistance. Each value has different p value. Usually, Fib retracements with p value < 0.005 are considered important one and they will appear more often (than random chance). Again, thank Liquid validity for your answer. This paper doesn't...
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    Why can Fibonacci ratio become the Support or Resistance?

    Thank chaselancaster, Shakone, Liquid validity for your answers Thank Traderallen :thumbsup:. Your reason also makes Fibo value happens more often than the usual Thank Purple Brain :smart:, this is what I want. I found some similar things your answer at the link below. Each Fibo value has...
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    Why can Fibonacci ratio become the Support or Resistance?

    Thank Liquid validity. I dont find the right answer for my question. Cablemonster. Yup, I agree that there are some levels that buyers and sellers have a fight on price. But I want to know why they fight at 0.618, 0.382... Why they always fight at those numbers. How about 0.617, 0.616...
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    Why can Fibonacci ratio become the Support or Resistance?

    Hi, I try to find out "why Fibonacci ratio can become the Support or Resistance" in our forum, as links below Trading with Fibonacci http://www.trade2win.com/boards/training-education/16387-why-successful-traders-use-fibonacci-golden-ratio.html Here is the link which says that "reasons that are...
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