This trading system which is based on fibonacci is definitely worth talking about as it has proven to be very promising. The name given by the author is abonacci which is supposed to mean Future Fibonacci. This method is purely based on price action without the use of ANY indicators except the price levels and/or fibonacci levels. As we have previously said, fibonacci is a leading indicator and so is the abonacci system which does not focus on the past but predict the future moves. Many are simply baffled by the accuracy of this system although it mind seem a little hard to learn and the learning curve is a little steep. However, all the trading education guides pertaining to this system has been systematically arranged to provide you with the most of the needed information so that you can start trading forex with success. I would advise to take the time needed and invest thoroughly into the mastery of this trading system which has remained free non-commercial so far. All thanks goes to the author of the method.
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Nice post and thanks for sharing
Cheers
Sam
Hmm. I could not find any link to this Abonacci Trading System on your webstie. The most I got was an image of the Abonacci.
Hello, if you can't get link to Abonacci, you can just use manually Fibonacci calculator which you can download at http://www.forexeasystems.com/forex-trading-tools/fibonacci-retracement-calculator and your experience.