The Fibonacci sequence is more than a historical curiosity. It is a practical method of technical analysis used to highlight potential areas that traders monitor for support and resistance.
Article Summary: When studying how to place trades in the direction of the trend many traders focus on the four most common indicators used by technical traders. However, by adding Fibonacci to your ...
Traders have widely used various swing trading strategies in the stock and commodities market for decades. Swing trading has also become popular among forex traders because of its more relaxed pace ...
Are you a beginner MetaTrader 4 user who is searching for actionable tips on how to trade with high accuracy and confidence?
Applying Fibonacci levels to your Forex charts is a simple yet advanced two step method for finding price targets in the trends path. Article Summary: When studying how to place trades in the ...