Forex Trading:Using Fibonacci Retracements
Greg Michalowski, Chief forex analyst for FXDD, describes how Fibonacci retracement levels can improve your forex trading using Metatrader.
Greg Michalowski, Chief forex analyst for FXDD, describes how Fibonacci retracement levels can improve your forex trading using Metatrader.
www.forexcritic.com – After running a new live trading account for the last 3 months with the top 3 forex robots on the market (FAP Turbo, IvyBot and Forex MegaDroid), my accounts has grown gradually from 000 to over 000. A profit of around 000 per month, with accellerating profits each month. This is thanks to [...]
Bullish engulfing candle of the 55 EMA daily. Reasons for Trade: – Price found support off the 55 EMA daily – Engulfed previous resistance area. – Price action found support off the 200 SMA on 4H – Used 5M chart to gain entry.