How to insert Fibonacci - Yesterday I've write about alligator and i said it will better if combine with fibonacci & bollingerband.
It's depend on individuals. Everybody have a choice which is the best way to analyze, but for me, I choose fibonacci combine with those 2 indicators.
Dear diary trading, I'll write all my experience using fibonacci.
First is how to insert fibonacci in MT4.
Look at this picture:
There 2 steps to insert, all you have to do is just
click insert then choose fibonacci, click on retracement.
Then to place the fibonacci you should place it first point in very high candlestick near the update candlestick. then second point place it into the very low candlestick in near update price.
Like this picture:
Now you have fibonacci to analyze.
I'll write about analyze using fibonacci later.
See you next post.
It's depend on individuals. Everybody have a choice which is the best way to analyze, but for me, I choose fibonacci combine with those 2 indicators.
Dear diary trading, I'll write all my experience using fibonacci.
First is how to insert fibonacci in MT4.
Look at this picture:
There 2 steps to insert, all you have to do is just
click insert then choose fibonacci, click on retracement.
Then to place the fibonacci you should place it first point in very high candlestick near the update candlestick. then second point place it into the very low candlestick in near update price.
Like this picture:
Now you have fibonacci to analyze.
I'll write about analyze using fibonacci later.
See you next post.
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