I happen to look at what I call "Voodoo" tools : the indicators that seem to work properly while I have absolutely no idea why they do, for which I can't find no other rationale than they're just voodoo : among them are the Fibonacci retracements for instance. The reason is probably such tools are self-fulfilling prophecies fed thanks to plenty of guys who either believe in them or don't believe (or don't understand in my case) but trade them. Actually the reason why they work doesn't matter, what matters is they work : don't think, trade!
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