Review: A popular tool that I'm now happy to understand.
Rating: 5 out of 5
Date: 05 25, 2014
This guidebook for beginners explains the origin of the Fibonacci Retracements tool (around since the 13th century) and discusses its popularity among traders for predicting market movements, and the key behind its effectiveness. It explains the psychological properties involved with this mathematical strategy and provides guided examples of it in use.I recommend reading about swing trading, support and resistance, and candlestick charts, if new to trading in order to support the teachings of this guide.