Sunday, February 14, 2010
Fibonacci Forex Trading
What is Fibonacci Forex trading, you ask? The platform of a majority of Forex trading systems, Fibonacci Forex trading is used by numerous professional Forex brokers all over the world.
An Italian mathematician Fibonacci is famous for his creation of the Fibonacci sequence. You can define this sequence as a series of numbers where each number is the sum of the two preceding numbers; 1, 2, 3, 5, 8, 13.
When dealing with currency trading, what's even more important than the actual Fibonacci sequence is the rations derived from this sequence of numbers; .236, .50, .382, .618, etc.
Many man-made creations use these mathematical proportions known as ratios as well as many structures and places in nature.
Forex traders can benefit from using these proportions when trading. The oscillations in the Forex charts are indicators of support levels and resistance. While it can't guarantee it to the last cent, the closeness it does get is unbelievable.
When using a Fibonacci Forex day trading system, you must calculate your Fibonacci price points so that you know.
Some new Forex traders get overwhelmed by all the numbers involved and are stressed to make a profit. New Forex traders should feel encouraged to get help grasping the basics and some good practice using Fibonacci levels in addition to secondary indicators. By doing this, you can greatly improve the accuracy of the points for every trade.
Fibonacci forex trading system has been the foundation of many forex trading systems used by professional forex brokers around the world, and billions of dollars are profitably traded every year using this technique.
Milos Pesic is an expert in the field of Forex Trading and runs a highly popular and comprehensive Forex Trading web site. For more articles and resources on Forex related topics, online forex trading, trading tips, forex software and much more visit his site at: Fibonacci Forex trading Review
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Philippines Light Rail Transit Public Transportation
The Manila Light Rail Transit System (Filipino: Sistema ng Magaan na Riles Panlulan ng Maynila),[citation needed] popularly known as the LRT, is a metropolitan rail system serving the Metro Manila area in the Philippines. Its twenty-nine stations over 28.8 kilometers (17.9 mi) of mostly elevated track form two lines. LRT Line 1, also called the Yellow Line, opened in 1984 and travels a north–south route. LRT Line 2, the Purple Line, was completed in 2004 and runs east–west.
The LRT is operated by the Light Rail Transit Authority (LRTA), a government-owned and controlled corporation under the authority of the Department of Transportation and Communications (DOTC). Along with the Manila Metro Rail Transit System (MRT, also called the Blue Line), and the Philippine National Railways (PNR), the LRT is part of Metro Manila's rail transportation infrastructure known as the Strong Republic Transit System (SRTS)
Stations
The People Power Revolution was a series of nonviolent and prayerful mass street demonstrations in the Philippines that occurred in 1986. It was the inspiration for subsequent non-violent demonstrations around the world including those that ended the communist dictatorships of Eastern Europe.
A glimpse of Philippine culture through traditional dances and songs performed by some of the country's best dance groups.
In 1990, it was voted by the BMW Tropical Beach Handbook as one of the best beaches in the world
Barasoain Church (also known as Our Lady of Mt. Carmel Parish) is a Roman Catholic church built in 1630 in Malolos City, Bulacan.
Laguna de Bay (Filipino: Lawa ng Bay; English: Laguna de Bay is the largest lake in the Philippines and the third largest freshwater lake in Southeast Asia
Malacañan Palace, is the official residence of the President of the Philippines.
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