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Make money trading forex using fibinaci ratios

There are two types of fibinacci trading types

- Retracements show you low risk places to buy

in the direction of the up trend.

- Fibinacci profit targets, where the market will usually move to as the trend continues and then stall or reverse.

So the fibs give you a low risk place to buy in the direction of an up trend using advance mathmaktical formulas.

If you are a counter trend trader, using  fibonacci trading systems can significantly reduce your trading risk.

It lets you get into the trend on a pull back, the market goes up and you exit your longs then you consider going short if you are a counter trend trader.