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11/18/2008

Tell me the Fibonacci ratios don't work - Harmonic Patterns

Expert: Sunil Mangwani, CEO at FibForex123
Moderator: Maud Gilson, Conference Manager

Summary:
Fibonacci ratios and Harmonic patterns
Price has an uncanny way of respecting Fibonacci ratios, and one must understand the different kinds of Fibonacci ratios like, retracements, expansions, projections, fans etc, and the specific use of each of them. Most price waves - like Elliot waves - are based on specific Fib ratios.
We will look at Harmonic patterns, which are specific 5 wave structures, formed by precise fib ratios. One can label these patterns as a confluence of Fib ratios offering excellent levels of support/resistance, thus making them very effective.

Webinar presented by FibForex123 and FXstreet.com

Comments

wow... this stuff blew my mind. I've never thught that fib can't be such powerfull.

This plays for only 10 mins. Rest not playing.

Dear trader200,

the video works fine until the end, we double-checked it. I'm afraid it might be a problem at your end (related to your internet connection bandwidth maybe).

Thank you

Maud Gilson
FXstreet.com

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