Ideally, when the market is in a downtrend, we should look for rallies up off of the lows to a resistance level as a selling opportunity. Conversely, when the markets are in an uptrend we should look ...
Imagine the market is like a massive rubber band. When stretched too far in one direction, it must inevitably snap back, or retrace, before moving forward again. The challenge for the individual ...
Your spread-betting platform's Fibonacci tool is invaluable to help time trade entries and exits. Here's a good example of how to use it. On my blog posts you will notice that I use my spread-betting ...
Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
A growing number of traders are looking to technical analysis tools to help them trade the ETF universe, which now extends to almost every financial niche imaginable. The Fibonacci Retracement tool is ...
Elliot wave analysis and Fibonacci retracement are two of the most useful tools a spread better can use. John C Burford explains why. In my last post, I described a possible trading scheme in the ...
With ETFs available for almost every financial niche imaginable, more and more traders are looking to technical analysis tools to help them trade the ETF universe. The Fibonacci Extension tool is ...
The tool is most reliable in a clearly defined trending market, either bullish or bearish. YWO chart studies confirm that Fibonacci tools show their highest accuracy when aligned with strong ...