As far as the freedom from any external control and free competition are concerned, FOREX is a perfect market. It is also the biggest liquid financial market. According to various assessments, money masses in the market constitute from 1 to 2...

Since so many traders watch these same levels and place buy and sell orders on them to enter trades or place stops, the support and resistance levels become a self-fulfilling expectation. Traders use the Fibonacci extension levels as profit taking...

Basic of Fibonacci We will be using Fibonacci ratios a lot in our trading so you better learn it and love it like your mother. Fibonacci is a huge subject and there are many different studies of Fibonacci with weird names but were going to stick to...

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Fibonacci Retracement Levels 0.236, 0.382, 0.500, 0.618, 0.764