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.
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 ...
Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
Forex trading is a dynamic, ongoing market that challenges the trader to employ decision-making skills based on history, trend, and price action. To prosper in the challenging marketplace, forex ...
Imagine the market is like a massive rubber band. When stretched too far in one direction, it must inevitably snap back, or retrace, before moving forward again. The challenge for the individual ...