Currency Names and Symbols
Learn about the symbols of the various currencies along with which are considered the Majors, the Major Pairs and the Cross Pairs.
Learn about the symbols of the various currencies along with which are considered the Majors, the Major Pairs and the Cross Pairs.
The AUD/USD has moved in a 512 pip downtrend from the December 2011 high. As the pair creates lower highs, we can use a trend line and Fibonacci retracement strategy to establish new sell orders.
The AUD/USD has moved in a 512 pip downtrend from the December 2011 high. As the pair creates lower highs, we can use a trend line and Fibonacci retracement strategy to establish new sell orders.
In an earlier article about employing the Fibonacci Tool in your trading, the basics of its use were covered. In this follow-up, I would like to go into more detail about what to look for as the pair “stalls” at one of the Fib levels.
In an earlier article about employing the Fibonacci Tool in your trading, the basics of its use were covered. In this follow-up, I would like to go into more detail about what to look for as the pair “stalls” at one of the Fib levels.
Gartelys are harmonic reversal patterns found using Fibonacci retracements. As the AUD/JPY reaches 86.30, traders eye Fibonacci resistance to enter fresh sell positions.
Gartelys are harmonic reversal patterns found using Fibonacci retracements. As the AUD/JPY reaches 86.30, traders eye Fibonacci resistance to enter fresh sell positions.
As the European sovereign debt crisis continues to spiral out of control 'troika' has become a household term. What is troika, and how does it play into Greek austerity measures?
As the European sovereign debt crisis continues to spiral out of control 'troika' has become a household term. What is troika, and how does it play into Greek austerity measures?
USD/CAD slides in Q1 of 2012 to form a descending triangle. Breakout traders eye new entry orders under support.