A short guide to technical analysis GLOSSARY OF FORMATIONS AND METHODS Introduction Technical analysis has been very widely used in the last 40 years to forecast future price changes in all kinds of markets. There have...
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Tag: fibonacci
Forex Trading Glossary G-H Gann’s Square of 9 Originated by W. D. Gann, the square is constructed by spiraling numbers outwards from “one” in an anti-clockwise direction. The first completed spiral is achieved by the number “9”...
EURUSD Daily Outlook for coming week & Important Data In the coming week some very important data is awaiting us – Check it out on Economic Data Calendar. Especially pay attention to Wednesday US Data : Inflation...
If we all always knew when the appropriate moment to take profit on a trade was, then there would be a lot less chaos in the markets. We would all be armed with the precise knowledge that...
Truly professional traders know that it is their responsibility to trade with the best and most useful tools possible in order to achieve the best results. This may sound simplistic, but there are far too many amateur...
Fibonacci Retracements are NOT Flawless — They Break Did you truly believe that there was any single variable in the world of trading that would provide you with everything that you needed to invest perfectly every time?...
Introduction to Fibonacci Trading No matter what kind of trader you turn out to be, you need to use Fibonacci trading as a major part of any strategy. People like to combine different indicators and time frames...