forex

The Fibonacci number sequence and golden ratio is used by many savvy traders today so let's look at how they can make huge profits in ANY financial markets. Support and resistance levels are critical for all traders as they can help identify entry and exit points when trading. Fibonacci percentage "retracement" levels derived from the Fibonacci number sequence and golden ratio are an innovative and useful tool for any trader, so why are they so useful. Let's find out. Fibonacci Numbers and Golden Ratio Applied To Trading The Fibonacci sequence was printed in the Liber Abaci, written by Leonardo Fibonacci in 1202. It introduced Hindu-Arabic to Europe for the very first time and they replaced Roman numerals. The Fibonacci number sequence was based around the following equation: How many pairs of rabbits can be generated from one single pair, if each month each pair produces a new pair, which, from the second month, starts producing more rabbits? While the Fibonacci nu

Gann was a trading legend and his stature is reflected in the life size portrait people see when they enter the New York Stock Exchange. Gann Angles were one of his most effective tools so let's look at them. What do they do? Gann angles allow you to pinpoint your entry and exit levels for bigger profit potential. Let's look at why Gann angles work. Gann based his investment strategy on the fact that by studying the Past we can see patterns that will be reflected in the future which is true of any technical systems, but his view was unique on how these patterns occurred Gann based his methods on the following: 1. Price, time, and range are the only three factors relevant to market movement. 2. Markets are cyclical in nature. 3. Financial price movements are geometric in design and function. Gann believed that market movements were a reflection of human nature which is constant over time and by studying the past we can predict the future. Gann's use of an

W D Gann developed technical trading systems that made him a fortune of in excess of 50 million dollars. Gann was a trading legend and his stature is reflected in the life size portrait people see when they enter the New York Stock Exchange. Gann Angles were one of his most effective tools so let's look at them. What do they do? Gann angles allow you to pinpoint your entry and exit levels for bigger profit potential. Let's look at why Gann angles work. Gann based his investment strategy on the fact that by studying the Past we can see patterns that will be reflected in the future which is true of any technical systems, but his view was unique on how these patterns occurred Gann based his methods on the following: 1. Price, time, and range are the only three factors relevant to market movement. 2. Markets are cyclical in nature. 3. Financial price movements are geometric in design and function. Gann believed that market movements were a reflection of human na

The Fibonacci number sequence and golden ratio can be found throughout nature and traders such as Gann applied them to financial markets and made millions using this unique tool as part of his trading method. The Fibonacci number sequence and golden ratio is used by many savvy traders today so let's look at how they can make huge profits in ANY financial markets. Support and resistance levels are critical for all traders as they can help identify entry and exit points when trading. Fibonacci percentage "retracement" levels derived from the Fibonacci number sequence and golden ratio are an innovative and useful tool for any trader, so why are they so useful. Let's find out. Fibonacci Numbers and Golden Ratio Applied To Trading The Fibonacci sequence was printed in the Liber Abaci, written by Leonardo Fibonacci in 1202. It introduced Hindu-Arabic to Europe for the very first time and they replaced Roman numerals. The Fibonacci number sequence was based a

One of the best known and least understood theories of technical analysis in forex trading is the Elliot Wave Theory. Developed in the 1920s by Ralph Nelson Elliot as a method of predicting trends in the stock market, the Elliot Wave theory applies fractal mathematics to movements in the market to make predictions based on crowd behavior. In its essence, the Elliot Wave theory states that the market — in this case, the forex market — moves in a series of 5 swings upward and 3 swings back down, repeated perpetually. But if it were that simple, everyone would be making a killing by catching the wave and riding it until just before it crashes on the shore. Obviously, there's a lot more to it. One of the things that makes riding the Elliot Wave so tricky is timing — of all the major wave theories, it's the only one that doesn't put a time limit on the reactions and rebounds of the market. A single In fact, the theories of fractal mathematics makes it clear that there are mult

First what is Forex: The FOREX or Foreign Exchange market is the largest financial market in the world, with an volume of more than $1.5 trillion daily, dealing in currencies. Unlike other financial markets, the Forex market has no physical location, no central exchange. It operates through an electronic network of banks, corporations and individuals trading one currency for another. When you choose to start trading in the Forex market, which is often called the foreign exchange market, you will need to know a little trading vocabulary. Learning specific terms and what they mean are essential before you even think about using real money to trade. You would never get into a pilot's seat and try to fly a plane without ever having taken flying lessons. The same goes for foreign exchange market trading. You need to be fully aware of what you are doing. This is a market that is not quickly learned, so you should never assume that once you jump into it, you will learn as