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On with the story. A lot of traders use Fibonacci studies in their
trading but most of them still struggle in the application of it. Have
a look at the following number sequence.
0,1,1,2,3,5,8,13,21,34,55,89,144 ........ infinity
Ok, if you are really smart you can figure out this number sequence but
wait!
Knowing how the number sequence works is only a tiny part of the story.
Knowing how and when to apply it to a market is ever bit as important
and that is only part of the story.
The big thing was what triggered the exact entry point, the exact exit
point and where to place your stop loss.
http://invest.itrini.com/invest.htm
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