Fibonacci Retracements and the Pullback Rule

Feb 15, 2008: 11:21 AM CST

Adam Hewison of INO.com recently published an educational and informational video entitled Fibonacci Retracement Rule on trading price pullbacks with low risk through simple use of the Fibonacci Retracement tool.

In the brief video, he shares his trading experiences on how he uses Fibonacci techniques and how he sets up trades in trends with reduced risk per position.  He discusses gold futures and how pullbacks in the trend set up excellent, low-risk opportunitie, as well as how to forcecast potential endings of price retracements (or pullbacks).

Selected Quotes:

“This trading secret, which is over 800 years old, is one of the most monumental mathematical discoveries of all time.”

 “No one knows for sure why these number sequences work. Some traders believe them to be mystical, others, like myself prefer to call them one of life’s little mysteries.”

Thank you to Adam for providing this quick educational video for us.

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One Response to “Fibonacci Retracements and the Pullback Rule”

  1. Stock Market » Fibonacci Retracements and the Pullback Rule Says:

    […] Corey Rosenbloom wrote an interesting post today on Fibonacci Retracements and the Pullback RuleHere’s a quick excerptAdam Hewison of INO.com recently published an educational and informational video entitled Fibonacci Retracement Rule on trading price pullbacks with low risk through simple use of the Fibonacci Retracement tool. … […]