Category Forex Trading

FIBONACCI DAY TRADING

Fibonacci day trading is the combination of the Fibonacci tool and the day trading method. Before you can apply this method efficiently, you must first understand how to draw Fibonacci correctly and when applied to day trading you will be…

FIBONACCI RETRACEMENT LEVELS ABOVE 100

The focus of this discussion will be on Fibonacci retracement levels above 100 and how they might be used to trade the forex market. Let’s get started! It is difficult to discuss forex trading without mentioning the usage of the…

FIBONACCI EXTENSION LEVELS MT4

In my previous article, I discussed extensively how to draw Fibonacci retracement correctly, today, am going to discuss Fibonacci extension levels mt4. The Fibonacci tool is a critical tool for technical analysis trading; it should not be overlooked if you…

HOW TO DRAW FIBONACCI RETRACEMENT CORRECTLY

how to draw fibonacci retracement correctly

I can guarantee you that understanding how to correctly draw a Fibonacci retracement is a necessary component of becoming a successful FX trader. I’ve cut out all the complicated Fibonacci retracement terminology in this article so that you can clearly…

PRICE ACTION AND MARKET STRUCTURE

price action and market structure

Price action and market structure are two fantastic forex fundamental terms that every trader should be aware of. It covers the concept of the market’s dominant trend as well as other fundamental trading principles such as support and resistance, chart…

HOW TO IDENTIFY ORDER BLOCK

The importance of order blocks in forex trading cannot be overstated, which is why every forex/synthetic trader should learn how to identify order block, as this will increase your confidence in your trade entry and provide you with better accuracy…