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RE: Fibonacci Time Projections: Key tool to improve your timming and your profits.
@luiggih, you are providing high quality posts and as a consequence, you are gaining reputation very quickly. I'm quite happy for you...
This is another excellent post. I love the teaching, because I don't know much about advanced technical analysis. I know enough to look at Bollinger bands, MACD, RSI, 50DMA and 9Day moving averages and when they cross, as I've learned from one of my subscriptions from Jeff Clark and his Delta Report.
Looking forward to your next high quality post. I'm resteeming this one!
Thanks morseke! this woudn't be possible without all the support your giving me. Moving averages are a good indicator for trends as price tends to always return to the mean by basic statistics logic. Bad side is they tend to lag in the signals they offer so the overall profit per trade goes down significantly.