The Fibonacci tool is very popular amongst traders and for good reasons. The Fibonacci is a universal trading concept that can be applied to all timeframes and markets. There are also countless Fibonacci tools from spirals, retracements, Fib time zones, Fib speed resistance to extension. In this article, I will explain how to correctly draw […]| tradeciety.com
Why you should not trade without a stop loss order The stop loss order is not only completely misunderstood, but also has a much worse reputation than it should have. Here are only 4 of the many reasons why a stop loss should be valued highly by any trader and a trade should not be […]| tradeciety.com
A pullback is not just a pullback. There are different kinds of pullbacks. They can all be classified into channels – expanding, condensing, symmetrical, their angle either against the trend or with the trend. Inside those channels, we get different opportunities to re-enter in the direction of the trend. We can play breakouts, bounces from […]| tradeciety.com
Learn how to draw support and resistance like a professional trader to find the best trades and start making profits.| tradeciety.com
Risk management is more than just a defensive strategy; it can be used to aggressively pursue opportunities while (secondarily) keeping risks under control.| tradeciety.com
Moving averages are without a doubt the most commonly used tools in trading, but only few traders know how to use moving averages.| tradeciety.com