TradingSmarts.com - commodity trading rules and currency trading strategy, with expert advice on successful stock market investment strategies.

How To Make A Full-Time Income Trading Less Than Part Time

Big Dogs Exposed

Sound familiar? You have spent years surfing the 'Net, and studying books and charts in search of commodity trading rules, a currency trading strategy, stock market successful trading strategies, or information on how to use commitments of traders data. All you really want is the 'Holy Grail' of entry techniques. You usually end up adding one indicator on top of another, switching from one guru to the next, until you are so confused and unsure of your entry system that you are unable to make entry decisions and stay organized. You get so distracted and frustrated that you quit watching the markets all together!

Shows you how FAST you can make money when the BIG DOGS make their move - by shamelessly copying this winning group . Even I am STILL surprised by how much power they have over ALL markets - not just commodities futures, currencies, and stocks.G

Newsletter: Fibonacci

This information is provided in support of the TradingSmarts Newsletter, which caters to those traders in search of commodity trading rules, a currency trading strategy, and stock market successful trading strategies. If you haven't yet subscribed, you can do so by going to www.tradingsmarts.com and accepting the invitation when you click away.

Fibonacci

Italian mathematician Leonardo da Pisa – called Fibonacci – was born around 1170. He discovered what are now commonly referred to as ‘Fibonacci numbers.’

In the following sequence, each successive number is the sum of the two previous numbers: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, etc.

Of interest, any number in that string is approximately 1.618 times the preceding number, and any given number is approximately 0.618 times the following number.

In the 1920s, Ralph Nelson Elliott reasoned in his book "Nature's Law" that Fibonacci ratios are a truism in trading, thus giving birth to that notion. Fibonacci ratios became the basis of his now-famous ‘Elliott Wave Theory,’ and are used by traders as a currency trading strategy, and in their commodity trading rules and stock market successful trading strategies.

The implication of Fibonacci numbers for the forex becomes readily apparent, when you realize that an exchange rate is simply a representation of collective human thought.

Of the four popular Fibonacci studies, arcs, fans, retracement lines and time zones, the latter two are discussed here.

Fibonacci retracements begin with connecting a trendline between two extreme points – i.e., a trough and opposing peak. Then, nine horizontal lines intersect that trendline at the Fibonacci levels of 0%, 23.6%, 38.2%, 50%, 61.8%, 100%, 161.8%, 261.8% and 423.6%. Some of these lines may end up off the scale and, therefore, not viewable.

Price usually retraces a significant portion, and perhaps all, of an extreme price move, either up or down. During this process, price often hesitates at support and resistance levels, which tend to coincide with the Fibonacci retracement lines.

Fibonacci stress days are denoted as a series of vertical lines, drawn at the Fibonacci intervals of 1, 2, 3, 5, 8, 13, 21, 34, etc. These Fibonacci time zones are used to look for unusual price behavior in and around those lines. Major support or resistance areas of the tradable in the past, called origin dates, constitute the start dates for the Fibonacci calculation. The range extends from short-term to long-term signals.

(Source: Chartware)

When it comes to commodity trading rules, a currency trading strategy, or stock market successful trading strategies, you will find a whole lot more in my internationally acclaimed book ...

With a few simple mouse clicks ...

Click here to order now.

"Free" unlimited personal consultation with each purchase

"No-Games, No-Strings" Money Back Guarantee

Over 76% of our customers have been trading four years or more. Almost 24% have been at it for over 20. Even experienced traders know they have more to learn. No matter what market you're in, whether your preference is commodities, currencies, futures, options, stocks, mutual funds, intraday or inter-day, whether you're a beginner who needs a concrete plan or a seasoned trader, or simply looking for information on how to use commitments of traders data, you've come to the right place. Most traders who come to us just want to know how to trade commodities futures, currencies, and stocks against the 'dumb money,' and ...

How To Make A Full-Time Income Trading Less Than Part Time

Have a day job; can't watch the markets; want to trade?
Want to see intraday real-time stock charts for free?
Want to learn how to daytrade in 11 easy steps?
Want to trade without paying commissions?
Want to get paid for your stock picks?
Read on ...

Find out what a blind, three-legged dog with a note tied

around its neck could do, even in a market jumping

up and down like a kangaroo on speed ...

Find out how the "Big Dogs" got rich and what

they are hiding from you ...

Find out what only 10% of traders know ...

Stop trading with your eyes closed ...

WARNING:

DO NOT TRADE UNTIL

YOU READ THE NEXT PAGE!