How to Apply the Fibonacci Retracement Tool Correctly?
This is a guest post by Alexander Treston
The Fibonacci retracement tool is one of those tools in forex that a forex trader simply cannot do without. This is because in the financial markets, prices do not move in a continuous straight line, but in a convoluted twist of pullbacks and advances. Whenever the price action of a currency has moved substantially in a particular direction due to a very strong trend, those traders who were able to get in early would at some point, decide to take some profits from their trades. This will place the gaining currency on offer and will lead to a supply excess over demand for that currency at that particular time, leading to price pullbacks.
Using Parabolic SAR Indicator for Entry and Exit
This is a guest post by Ahmad Hassam
In this article, we will discuss how to use the Parabolic SAR indicator for entry and exit in actual trading. When the dots of the Parabolic SAR are located below the price, it means the trend is up and the price momentum is also in an upward direction and will stay like that till the price action hits Parabolic SAR. This is also a signal for a long trade.
When the price action is below the dots of the Parabolic SAR, it means that the trend is down and the price momentum is also in a downward direction and will stay like that till price action hits the Parabolic SAR. This is also a signal for a short trade. The dots will move down as a trailing stop.
Understanding Parabolic SAR Indicator
This is a guest post by Ahmad Hassam
Parabolic SAR is a trend following indicator that is often used as a trailing stop. Parabolic SAR indicator was introduced in 1978 by J. Welles Wilder, Jr. in his famous book, “New Concepts in Technical Trading Systems.”The term Parabolic is used because when this indicator is applied to the chart it forms strings of dots that look like a parabola, a shape you might remember from high school algebra.
The term SAR on the other hand simply means Stop and Reverse because when reached by price action, this indicator switches direction and reverses to the other direction. So a Parabolic SAR is used to identify entry and exit points based on a trailing stop that reverses when reached by the price action.
Ultra Fast Profit
The purpose of this page is to encourage and collect the user reviews of a Forex product called Ultra Fast Profit. To get the details about this product (such as its features) or if you’re looking for support, please visit the official website that can be found at ultrafastprofit.net.
TrueTL – True Trendline Indicator
The purpose of this page is to encourage and collect the user reviews of a Forex product called TrueTL – True Trendline Indicator. To get the details about this product (such as its features) or if you’re looking for support, please visit the official website that can be found at truetl.com.
Super Buy Sell Profit
The purpose of this page is to encourage and collect the user reviews of a Forex product called Super Buy Sell Profit. To get the details about this product (such as its features) or if you’re looking for support, please visit the official website that can be found at superbuysellprofit.net.
Auto Trend Forecaster
The purpose of this page is to encourage and collect the user reviews of a Forex product called Auto Trend Forecaster. To get the details about this product (such as its features) or if you’re looking for support, please visit the official website that can be found at autotrendforecaster.net.
Forex Fractal Breakout
The purpose of this page is to encourage and collect the user reviews of a Forex product called Forex Fractal Breakout. To get the details about this product (such as its features) or if you’re looking for support, please visit the official website that can be found at forexfractalbreakout.com.
Forex Power Group
The purpose of this page is to encourage and collect the user reviews of a Forex product called Forex Power Group. To get the details about this product (such as its features) or if you’re looking for support, please visit the official website that can be found at winnersedgetrading.com.
Elemental Trader
This is an entry for a Forex product called Elemental Trader. The official site for this product is at elementaltrader.com. If you’re looking for more info about this product follow the link.
