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With ETFs available for almost every financial niche imaginable, more and more traders are looking to technical analysis tools to help them trade the ETF universe. The Fibonacci Extension tool is ...
The Fibonacci tool is very popular amongst traders and for good reasons. The Fibonacci is a universal trading concept that can be applied to all timeframes and markets. There are also countless ...
Fibonacci retracements, arcs and fans are excellent tools you can use to help pin point an entry point into a trade along designating stop loss and take profit levels.
By using the Fibonacci tools to connect the swing low with the swing high, hidden levels of potential support and potential price targets were revealed.
Using the Fibonacci ToolTraders will then look for sells at the 50% or 61.8% retracement levels and place their protective stop beyond the 61.8% level. Others may use a technical indicator ...
Find out more about Fibonacci retracement levels and how some forex traders use them profitably in their trading strategies.
Your spread-betting platform's Fibonacci tool is invaluable to help time trade entries and exits. Here's a good example of how to use it.
The use of Fibonacci retracement levels offers three levels of potential support in an uptrend and three levels of resistance in a downtrend. They are the 38.2%, the 50% and the 61.8% levels.
A growing number of traders are looking to technical analysis tools to help them trade the ETF universe, which now extends to almost every financial niche imaginable. The Fibonacci Retracement ...