Code Fibo App – Fibonacci Trading Sequence
- 1 Code Fibo App; Fibonacci Trading Sequences Detailed Methods
- 2 Origin of the Fibonacci Sequence
- 3 Fibonacci Retracements; – Code Fibo App Key Pivot Points
- 4 Understanding the Trend; Fibonacci Technique
- 5 The Code Fibo App Perspective
- 6 Click on the logo below to get free access to you very own Code Fibo App
Code Fibo App; Fibonacci Trading Sequences Detailed Methods
The Code Fibo App which utilise Fibonacci Trading Sequence that we previously reviewed has been brought the study of Fibonacci trading method into light. Professor Matthew Lewis who introduced this method a week or so ago gave us an introduction on how the system would work in principle and what it could mean for you. Today we we will be looking at the history of Fibonacci and try and understand how this algorithm can benefit you in and improving your trading to new heights.
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Origin of the Fibonacci Sequence
Fibonacci Sequences or patterns originated from Italy by a mathematican named Leonardo Bonacci around 1170 within the city of Pisa. One of his greatest works was the correlation of Fibonacci Patterns that used predominately Binary Numbers 0 & 1. He Said the sequence of one formula would subsequently lead to the next sequence and so on and so forth.
So to understand the mathematics of this lets take a first example of a sequence .
The result we get here (one) is the next number in the sequence. Thus, we now have the following:
0, 1, 1
Now we add the last number shown above to the sequence to the previous number as shown below:
1 + 1 = 2
Then we add 2 to our sequence:
0, 1, 1, 2
We repeat this process as many times as we want! until you get a series commonly referred to as the Fibonacci Sequence which ultimately leads to the Golden Rectangle. The sequence extends to infinity and contains many unique mathematical properties which can be used to in your day to day trading needs.
Fibonacci Retracements; – Code Fibo App Key Pivot Points
Fibonacci retracement levels use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the trend continues in its original direction. These levels are created by drawing a trendline between the high and low and then dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%.
Fibonacci discovered the following: every number of this infinite sequence is approximately 61.8% of the next number in the sequence. However, this is not the only thing, which Fibonacci introduced. He also found out that every number in this sequence is approximately 38.2% of the number after the next one in the sequence. This sequences can continue on and on indefinitely and form the compass of Fibonacci Trading Methods today.
Fibonacci sometimes can be used to associate nature as we know. Every heard of the Fibonacci Shell. This sequences are used to dissect the shell of a slug. The volume of each part of one shell matches exactly the Fibonacci numbers sequence. Thus, each part of this shell is 61.8% of the next. Some researches have gone to take this to look at Jelly Fish and an aloe flower.
Understanding the Trend; Fibonacci Technique
We have always promoted following the trend and trading off key support and resistance levels and and supply and demand zones. Fibonacci Retracement Strategies are primary to this counter trend strategies. The Fibonacci retracement tool is probably one of few least used technical indicators when it comes to market analysis, but the results are far more accurate when it comes to accurately predict where prices are heading to.
The idea is to locate a trend on the chart (up or down) and pullback (retracement) after which the trend will continue on the same direction. You have to enter the market at the pullback with a Call or a Put option depending on the trend Up or Down.
The Code Fibo App Perspective
The Fibonacci strategy, and the Golden Ratio two mathematical occurrences are the pre-requisite of how the Code Fibo App Works based on proven trading strategies and mathematical workings. Professor Matthew Lewis has dedicated himself to helping lower-class-income students to reach their financial goals. In essence, what has been achieved with the Code Fibo app auto trader is that it is all these Fibonacci sequences are encompassed in the system to optimize your trading. To find out more about this trading software check out the free video presentation below.
Saying that, below are a few hints that you should be aware of whilst trading with the Codefibo software.
- Choose your risk level: This level determines the amount of trades your very own code fibo app software will take during any one trading session. Once this number has been reached you may need to reset by logging in and out start a new session in order to continue placing trades.
- Signal Strenth- The higher you set your Signal Strength the less trades you will receive but the more accurate. Remember it is not about quantity but quality of signals.
- Refer to the economic calendar when the day begins. Avoid trading during NFP or High Volatile News events. Fibonacci works most effectively when there is a clear trend.
- The trading recommended times for code fibo app are between 9am and 7pm GMT.
- Once you have registered for the CodeFibo software, you have to first verify your account with your assigned broker. This is standard and you can be sure the brokers associated with the software are the best and will keep your records safely and securely
For those with a bit more experience, why not give the manual signals a go? Try mixing and matching Fibonacci Software tools with MACD or the Stochastic for even more great results. Why not take a look our RSI cooler Strategy, it works great with Fibonacci Trading Methods.
CodeFibo App is a revolutionary software based on trusted method that have been used by traders worldwide. We will continue to test this software and update you with some really cool strategies that you can use with the Fibo Software.
Click on the logo below to get free access to you very own Code Fibo App
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