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Fibonacci retracement ratios are used as a trading strategy for the forex market, futures, stock trading and even options. while the 50% retracement level is talked about a lot, more importantly are the 38.2% and 61.8% but know that in the fibonacci sequence , these numbers do not show up.. Highest profits are realized only when the best forex trading strategies are employed by the forex traders.there are many time tested forex strategies that can be used by serious traders.. As simple as possible: 00 level trading commercial content. after the 1st trade, the next hour was up as well, but during that hour was gbp red news (construction pmi) , so not trading that hour..
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