How to Identify Turning Points Using Fibonacci by Wayne Gorman
Wayne Gorman – How to Identify Turning Points Using Fibonacci (Video, 800 Mb, Parts I & II)
EWI’s intensive online trading course …
How You Can Identify Turning
Points Using Fibonacci
In this powerful two-part online trading course (recorded live), EWI Senior Tutorial Instructor Wayne Gorman will share with you valuable, practicaltools to help you formulate and execute your own trading strategyby combining wave analysis with Fibonacci relationships.
Wayne will walk you through a host of charts and real-world exercises to show you, step-by-step, how to use Fibonacci relationships — alongside the Wave Principle and as a stand-alone technical tool — to help you make more confident trading decisions.
Here’s what you’ll learn:
How the “Golden Ratio” can help you tap into “golden trading opportunities”
The most important Fibonacci relationships to watch for
How Fibonacci ratios and numbers relate to the overall wave structure
How to project valuable time and price targets using Fibonacci “dividers”
Which Fibonacci price retracements to expect in each type of corrective wave
How to use Fibonacci time periods to anticipate trend reversals
How Fibonacci relationships can help add confidence to your wave count
How to establish Fibonacci “clusters” and leverage them in your trading decisions
How to formulate your own low-risk entry strategy
Techniques to help you set and properly manage risk-limiting stops
How to project moves so you can evaluate risk-reward and exit strategies
How to put it all together and generate your own high-confidence trading strategy
And MORE!
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A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.