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In this video I show the results from an analysis of fibonacci retracement levels. I demonstrate how the fibonacci levels are drawn on the chart. I use a spreadsheet model to test the different fibonacci levels to find out whether they can be used as part of a profitable trading strategy. Read the accompanying article:https://wp.me/p32qmZ-XD How to calculate popular indicators using Excel is the subject of my latest eBook, now available in the Amazon Kindle Store: http://amzn.to/13g47xi Follow me on twitter: http://bit.ly/19etSBO Facebook: http://on.fb.me/1715mCE Or Google+ http://bit.ly/1zRkAWi www.tradinformed.com