Simplertrading - Fast Fibonacci for Day Traders
Fast Fibonacci for Day Traders
Succeed in Day Trading with Fibonacci's Golden Ratio
Many overlook the power of Fibonacci’s Golden Ratio when it comes to day trading. That’s a costly mistake because the precision of symmetry in shorter time frames can help capture intraday price action. Even if you follow daily or weekly charts, you can use Fibonacci for day traders to time entries and exits with greater confidence. The key is to know how to identify precise triggers and targets. Once you see how the Fibonacci Queen, Carolyn Boroden, runs Fibonacci retracements, extensions and projections intraday, you will always want to trade with these short-term price levels again.