Ever watch a rose blossom unfold?
The same guy who figured out double entry book-keeping figured out that certain patterns of growth cannot be avoided. As a result, a trading strategy that can see the pattern beginning can identify its end points, and signal the exit.
The pattern of rose petals is an example of this fact of nature. And it doesn't matter where the rose grows--in a back yard, or a Colombian mountain, in Peruvian gold sands or a florida hot house, the petals unfold the same way.
A lot of the babble you hear from day traders about ascending triangles, inverted tombstones, etcetc are just attempts to discern these underlying rhythms of growth.
Among the many tools a smart Forex Trader will have on hand is this Fibonacci Killer Formulas that can give an edge.
The big houses --jpm, goldman-sachs--use these formulas for billion dollar trades. by seeing them moving, you can go along for the ride for a thousand bucks a day. They won't care, because until you're the size of Greece, they'll never see you.
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