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Fibonacci Sequence

Fibonacci Sequence Nothing Mystic – Use It In Forex Trading!

By Richard U. Olson on November 29, 2008

The mathematician Fibonacci or Leonardo of Pisa in 1202 first published his Fibonacci sequence. In order to calculate the number of pairs of rabbits he would have at the end of a year based on their behavior of breeding, Fibonacci developed this famous sequence of numbers. Forex traders find this type of no-nonsense approach very profitable.

Posted in Currency-Trading | Tagged Fibonacci Sequence | Leave a response

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