Institutional Trading Strategies: The ABCs of Fibonacci
Expert: Andrei Pehar, Sr. Currency Strategist at fxKnight.com
Moderator: Maud Gilson, Conference Manager
Fibonacci need not be difficult! Andrei Pehar will share his ABCD pattern which can easily be used to trade news spikes, long-term positions lasting several months, and just about everything in between - a simple pattern which yielded a powerful 77% win ratio over the past 2 years. When Fibs are properly applied to the major moves we've seen during the week, they reveal clues as to where price is likely headed next, as well as the key support and resistance levels it is likely to encounter along the way.