Fibonacci retracements in forex and other forms of trading using technical analysis. This is a fascinating subject. Leonardo Fibonacci was a 13th Century mathematician. He was considered by many scholars to have been one of the most important and influential of the...
Correlation is a measure of the similarity of two currency pair charts. If every time one chart moves up or down the other chart moves by a similar amount in the same direction we say that one chart is highly correlated to the other. Essentially if you put the charts...
In previous videos I explained how crucial support and resistance is to any type of trader. I showed you horizontal and diagonal support, trend lines and channels. Another form of support & resistance that I use, and you may choose to do so, are moving averages....