Quote Originally Posted by Verik
Yup. There is no empirical link between the fibonnacci ratios and the s3-r3's, but considering the "market movers" or the banks who make the price fluctuations through changes in their buys and sells generally use it as points of trade, it is key to look at the numbers and what to expect.
I guess I stated the obvious. I finished the babypips school a while ago and then I "traded" using Zecco's simulator for a bit which was cool but I've been having luck with stocks and I barely have enough time to do that right now, much less to start messing with forex.