Wednesday, November 26, 2014

Fibonacci Retracements Analysis 26.11.2014 (EUR/USD, USD/CHF) - CountingPips

Consider forex trading in regards to probabilities. Nothing in investing is ever a certainty. Occasionally, you will lose, even if you did all the right things. That doesn't imply you made a bad trade, it just indicates that the probabilities turned against you. Thinking in regards to probabilities will assist you concentrate on the truths of the circumstance.

Fibonacci Retracements Analysis 26.11.2014 (EUR/USD, USD/CHF)CountingPipsThe price has rebounded from local retracement 50%, which means that the downtrend may resume. Earlier, Eurodollar rebounded from several local retracements and a correctional retracement 61.8%. The target is still the group of lower fibo-levels: after ......Fibonacci Retracements Analysis 26.11.2014 (EUR/USD, USD/CHF) - CountingPips

A good Currency trading tip is to stick to your strategy once you have a plan in place. It's not uncommon to be enticed by new and miraculous trading approaches. If you were to ignore your strategy and chase every new technique under the sun, you'll wind up making poor choices.

Additional resource on Fibonacci Retracement

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