An Khmurenko

The success or failure to reach the ultimate destination largely depends on the firm chosen and the performance of their services. There are no specific educational requirements for individuals offering financial advice and financial planning. The CERTIFIED FINANCIAL PLANNER™ professional designation is typically considered the ‘gold standard’ for financial advisors as the Chartered Financial Analyst®designation is to asset management.
The goal is to provide with the right strategy […]

There are multiple ways to trade using the Fibonacci Retracement Tool, but I have found that one of the best ways to trade the Fibonacci is by using it with trend lines. That could be for example a Fibonacci retracement and a Fibonacci target at the same level. When a Fib target and a Fib retracement line up at the same price, then the likelihood of price reacting to it has substantially increased. In any case, Forex traders want to place the Fib in the correct place, which is from the bottom t […]

After a big rise in price, traders will measure the move from bottom to top to find where price could retrace to before bouncing higher and continuing in the overall trend higher. This was a tough entry because at turning points, price is rarely moving in a great fashion. You may want to look for one that is not in a consolidation unless it already lines up with a 61.8 or 38.2 Fib level. As Forex traders, it is easy to be influenced by every move in price but the truth is, not all price is mean […]

In the end, you will usually find one, two, or three trading strategies that perfectly match your own ideas. One of these trading strategies could be the Fibonacci strategy. However, every trader is different and there are no guaranteed returns with a Fibonacci strategy.
Do you remember when we said that Fibonacci ratios also refer to human psychology? The arcs appear as half circles under your trend, which are the levels of the arc’s distance from the top of the trend with 23.6%, 38.2%, […]

Use the Awesome Oscillator – check when the zero line has been crossed and wait for a retrace back to that zero line. You now have confirmation that the move is 1 leg or swing high swing low. One thing you should take note of is that price won’t always bounce from these levels. They should be looked at as areas of interest, or as Cyclopip likes to call them, “KILL ZONES! If you had some orders either at the 38.2% or 50.0% levels, you would’ve made some mad pips on that t […]