The 50% Fibonacci retracement level is a widely used but technically unofficial Fibonacci level in trading. While the official Fibonacci retracement levels are derived from the Fibonacci sequence (23.6%, 38.2%, 61.8%, 78.6%, etc.), the 50% level is...
BIG RESISTANCE AT FOREX MARKET _Big Resistance at Forex Market: Understanding and Trading_ _Introduction_ Big resistance levels are critical price zones that act as barriers to further price movement in the Forex market. Understanding and trading...
Bitcoin (BTC) has been trading in a narrow range of around $63,100 for the past week, despite increasing transfer volumes and panic selling from smaller investors. This selling pressure has driven the average daily trading transfer volume up from...
Fundamental analysis in the Forex market relies on daily economic variables and is heavily influenced by news events that can significantly move currency pairs. Many traders find this type of analysis challenging and often do not rely on it...
Managing Risk in Forex Trading: A Trader's Guide If there’s one thing I’ve learned in Forex trading, it’s this: managing risk is the name of the game. Sure, strategy matters, but without solid risk management, even the best traders can lose big....
