sheun daniel
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Basic Knowledge-How to use Fibonacci Retracements to trade?
The first thing you should know about Fibonacci instruments is that it works best in a trending forex market.The idea is to go long (or buy in) at the Fibonacci support level when the market goes up and go short (or sell) at the Fibonacci resistance level when the market goes down.Fibonacci retracem
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How to Make 1 Million USD in Trading?
As an ordinary trader, how much money can you earn at most? Do you think it is realistic to set a target as much as $ 1 million? This is an important question that every trader will face, and from your answer, you may be able to find out whether you can achieve it or whether you are doomed to losses
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EUR/GBP Mid-Day Outlook
Daily Pivots: (S1) 0.8372; (P) 0.8401; (R1) 0.8421;
EUR/GBP’s break of 0.8386 support suggests resumption of fall from 0.8595. Intraday bias is back on the downside for 0.8276 low. Decisive break there will resume larger decline from 0.9324. Next downside target will be 61.8% projection of 0.9019 to
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EUR Futures: Downside looks unabated
Open interest in EUR futures markets rose by nearly 6.5K contracts on Wednesday, reaching the second build in a row according to advanced data from CME Group. In the same line, volume edged higher for the second consecutive session, this time by around 18.7K contracts.
EUR/USD remains under pressure
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EUR/GBP Mid-Day Outlook
Daily Pivots: (S1) 0.8372; (P) 0.8401; (R1) 0.8421;
EUR/GBP’s break of 0.8386 support suggests resumption of fall from 0.8595. Intraday bias is back on the downside for 0.8276 low. Decisive break there will resume larger decline from 0.9324. Next downside target will be 61.8% projection of 0.9019 to
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