The life of a Forex trader is full of unpredictable events. You never know when a central banker says something that moves the market. Therefore, the need of having a set of Forex trading tools arises. Before anything, don’t think of Forex trading tools as being only technical ones. Instead, think of the sum of […]
Technical analysis changed in time together with trading. Even though traders mostly follow robots today, some things remained the same. The Elliott Wave Principle key to market behavior is one of them. Elliott waves look at markets from a human nature point of view. As such, the Elliott Wave Principle allows traders to catch perfect […]
Forex traders have a difficult task: to know where the price goes next. For this, they use both technical fundamental analysis. Fibonacci retracement levels and the rest of the Forex Fibonacci tools form the basis of almost any trading theory. Starting with basic support and resistance levels and ending with complex theories like the Elliott […]
In this video I will show you how to successfully apply the Fibonacci Forex trading levels. I managed to successfully forecast a price retracement from the 61.8% Fibonacci level. I hopped into an emerging price increase, and I ended up with a profitable long trade. Signals for the Fibonacci Forex Trade The price has interrupted a […]
