Quiz 3

Q1. Which are the most important Fibonacci Retracement ratios? A. 38.2%, 50% and 61.8% B. 0%, 50% and 100% C. 23.6%, 50% and 100% D. 0%, 38.2%, 50% Q2. Which are the most important Fibonacci Extension ratios? A. 138.2%, 161.8% and 261.8% B. 161.8%, 261.8% and 423.6% C. 100%, 161.8% and 261.8% D. 261.8%, 423.6% Read more about Quiz 3[…]

Review of Step Three Forex Lesson

Fibonacci is a math sequence in which a number is formed by the addition of two consecutive numbers and this number if added to the bigger number of two consecutive numbers will form the next Fibonacci number, for example, 2 +3 = 5 and if 5 is added to 3 then it makes 8 that Read more about Review of Step Three Forex Lesson[…]

Forex Pivot Points

Forex Pivot point calculation is the average of the high, low and the closing prices. Support and Resistance calculated by the pivot point trading strategy is the simplest but most effective. Calculations done using this strategy give clear indications of the strength or weakness existing in the market. Most technical analysts use this Forex Trading Read more about Forex Pivot Points[…]