Mastering The Fibonacci Hack! A Professional Forex Trading Strategy

Understand How the Banks and Hedge funds Calculate Levels:
Price Movements never develop in the same way, but rather in waves of different sizes, duration and direction. Fibonacci trading Techniques are used because prices do not move between two points in a straight line but move up and down through fluctuations in a pattern of upward and downward waves. 
The ratios are important, however the selection of points is paramount to calculate reactionary retracements. It is important to have consistency and uniformity in our methods, so as to arrive at the same support or resistance levels whenever we deploy the Fibonacci tactic.