Talking Points: Fibonacci Retracement tracks the pullback after an extended moveTraders eye 38.2%, 50%, and 61.8% retracements as possible reversal levelsFibonacci’s ‘magic’ comes from its self-fulfilling nature Where to Draw the Fibonacci Retracement? Where exactly is that? For starters, we need to identify an extended move up or down on our chart. In other words, a swing low followed by a defined high or a swing high followed by a defined low. Below, ...
Traders all over the world use trend lines to project price into the future and identify potential turning points. In this video we teach you how to use trend lines and apply them to your trading. More...
How to Start with Metatrader 5 How to start with MT5 platform : summary. As our topic about "How to start with Metatrader 5" is going to be huge, here you find a summary, with main links. A very good article to learn how to use this site. For a general overview of changements and improvements in MT5 plateform, read MetaTrader 5 - More Than You Can Imagine!Probably the biggest revolution is in management ...