Fibonacci retracements have been very accurate the last few weeks as certain markets move into a trading range.
What blows me away is that Fibonacci has been dead for over 750 years and yet today, in a world Fibonacci could never have imagined in his wildest dreams 750 years ago, we are still using his very old formula to accurately make money in the stock market.
If you are a regular reader of Guerilla Stock Trading then you'll know that a couple of weeks ago I took a look at the gold market. I predicted a pullback in the spot gold market to a certain level. Well that's exactly what happened! I nailed this prediction because it is exactly a 61.8% Fibonacci retracement.
But gold was not the only market this happened in.
In fact, all stocks routinely pullback to Fibonacci retracement levels and knowing this will help you improve your trading accuracy.
In the video below, I show you a major market that did a Fibonacci retracement and how you can profit from it.
Fibonacci retracements have been very accurate the last few weeks as certain markets move into a trading range.
What blows me away is that Fibonacci has been dead for over 750 years and yet today, in a world Fibonacci could never have imagined in his wildest dreams 750 years ago, we are still using his very old formula to accurately make money in the stock market.
If you are a regular reader of Guerilla Stock Trading then you'll know that a couple of weeks ago I took a look at the gold market. I predicted a pullback in the spot gold market to a certain level. Well that's exactly what happened! I nailed this prediction because it is exactly a 61.8% Fibonacci retracement.
But gold was not the only market this happened in.
In fact, all stocks routinely pullback to Fibonacci retracement levels and knowing this will help you improve your trading accuracy.
In the video below, I show you a major market that did a Fibonacci retracement and how you can profit from it.
Fibonacci retracements have been very accurate the last few weeks as certain markets move into a trading range.
What blows me away is that Fibonacci has been dead for over 750 years and yet today, in a world Fibonacci could never have imagined in his wildest dreams 750 years ago, we are still using his very old formula to accurately make money in the stock market.
If you are a regular reader of Guerilla Stock Trading then you'll know that a couple of weeks ago I took a look at the gold market. I predicted a pullback in the spot gold market to a certain level. Well that's exactly what happened! I nailed this prediction because it is exactly a 61.8% Fibonacci retracement.
But gold was not the only market this happened in.
In fact, all stocks routinely pullback to Fibonacci retracement levels and knowing this will help you improve your trading accuracy.
In the video below, I show you a major market that did a Fibonacci retracement and how you can profit from it.
Stocks Above I Currently Hold In My Own Trading Account: Long LIFE
Guerilla Trader Quote
“Large beasts of prey in the investment jungle (lions, tigers, leopards, and the like) often eat the smaller beasts such as monkeys. Most of us are market monkeys; we are often victims rather than victors.”
Copyright 2009-2011 GuerillaStockTrading.com All rights reserved. No part or article on this website may be copied or duplicated without written consent from GuerillaStockTrading.com and Confab Publishing. Disclaimer: This Web site is designed to provide accurate and authoritative information on the subject of personal finances. It is provided with the understanding that neither the author nor the publisher is engaged in rendering legal, accounting, or other professional services by providing this Web site. The authors and publisher shall not be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential or other damages. As each individual situation is unique, questions relevant to personal finances and specific to the individual should be addressed to an appropriate professional to ensure that the situation has been carefully and appropriately evaluated. This blog is for information and entertainment purposes only. Under no circumstances does this information represent a recommendation to buy or sell securities or any other type of investment instruments. See a licensed broker for investment advice.