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#12
28th September 2005, 06:23 PM
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Re: trend
Quote:
After a significant move (either up or down), prices will often rebound and retrace a significant portion (if not all) of the original move. As the price retraces, support and resistance levels will often occur at or near the Fibonacci Retracement levels. 
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#13
28th September 2005, 06:24 PM
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Re: trend
If anybody could - he would be busy counting money instead of attending the forum !!!
Anyway - jokes apart - fibonnaci retracements can be of help Alok Quote:
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#15
28th September 2005, 06:36 PM
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Re: trend
Quote:
Insert-->Fibonacci--->Retracement
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#17
28th September 2005, 06:48 PM
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Re: trend
Quote:
See attached chart.
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#18
28th September 2005, 06:55 PM
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Re: trend
Quote:
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