New Forex Trends

Extremely Profitable Price Action Fibonacci Trading Strategy

Price action Fibonacci trading strategy is one of the most advanced and profitable trading strategy used by the professional traders. Traders use the Fibonacci retracement tools to identify the market reversal point in the direction of the trend. The most important Fibonacci levels used by the professional trader are the 38.2%,50%, and the 61.8% retracement level. Since these level act as strong support and resistance level of the pair, traders use price action confirmation signal in the relevant Fibonacci ┬álevels […]

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Breaching EMA Trading Strategy with Minor Retracement

Trading with two exponential EMA in the direction of the prevailing trend gives generates extreme profitable entry signals for the traders. Professional traders prefer EMA trading in the trending market to trade in the direction of the trend. In this system, two exponential moving averages are used to identify the potential entry points during the strong trending market. The 100 and 200-day exponential moving average acts as excellent support and resistance zone in any currency pair. Professional traders take cautious […]

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