Read more about the article How to Use Fibonacci Extensions in Trading
How to Use Fibonacci Extensions in Trading #TSM #tradestockmrkts #tradestockmarkets Trade Stock Markets #amirshayan

How to Use Fibonacci Extensions in Trading

Fibonacci extensions are a popular tool used by traders to identify potential price targets in financial markets. They are based on the Fibonacci sequence, a mathematical sequence in which each number is the sum of the two preceding numbers. In trading, Fibonacci extensions are calculated by extending lines drawn between two points on a chart to project potential price levels beyond the current price. Traders can use Fibonacci extensions to identify potential price targets, confirm trend reversals, and set stop losses and take profits for their trades. In this article, we'll take a closer look at how Fibonacci extensions work and how traders can use them in their trading strategies.

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Read more about the article What Are the Different Types of Forex Orders and When to Use Them?
What Are the Different Types of Forex Orders and When to Use Them?

What Are the Different Types of Forex Orders and When to Use Them?

When trading forex, one of the most important decisions you will make is when to enter and exit a trade. This is where different types of forex orders come in handy. Forex orders are instructions given to your broker to buy or sell a currency pair at a specific price. There are several types of forex orders that you can use, each with its own advantages and disadvantages. In this article, we'll explore the different types of forex orders and when to use them to help you make informed trading decisions.

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