Fibonacci in the Forex Market

  • 📰 DailyFX
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

ประเทศไทย ข่าว ข่าว

ประเทศไทย ข่าวล่าสุด,ประเทศไทย หัวข้อข่าว

Fibonacci retracements are commonly applied to Forex pairs in the effort of identifying support and resistance levels

It is important to note that the Fibonacci points should not be seen as concrete levels but rather guidelines or reference points. Price will not always trade at these exact levels. It is common to see price just falling short or pushing passed a level which can frustrate traders who look at exact levels. With reference to stop and limit orders, traders should give themselves some leeway for potential price fluctuations around the Fibonacci level.

This is the most simplistic form of the Fibonacci retracement within forex markets. The versatility of the Fibonacci retracement function means that it is not limited to one time frame as seen above. A more complicated approach involves several Fibonacci retracements acrosscan allow for multiple Fibonacci retracements drawn from major moves. The next article in the Fibonacci series will go into more depth with and practical examples to show how exactly traders can implement this strategy.

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Information presented by DailyFX Limited should be construed as market commentary, merely observing economical, political and market conditions. This information is made available for informational purposes only. It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice.

เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:

 /  🏆 305. in TH
 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Norway: Car Market Shrunk, But EVs Maintained Ultra-High Market Share In October8,151 new passenger plug-in cars were registered last month in Norway (down 25% year-over-year), which is 91.3% of the total volume.
แหล่ง: InsideEVs - 🏆 579. / 51 อ่านเพิ่มเติม »

Norway: Car Market Shrunk, But EVs Maintained Ultra-High Market Share In October8,151 new passenger plug-in cars were registered last month in Norway (down 25% year-over-year), which is 91.3% of the total volume.
แหล่ง: InsideEVs - 🏆 579. / 51 อ่านเพิ่มเติม »

Forex Today: Fed holds, Dollar slides and stocks riseMarkets will continue to digest the FOMC meeting. During the Asian session, Australia is scheduled to release trade data and home loan figures.
แหล่ง: FXStreetNews - 🏆 14. / 72 อ่านเพิ่มเติม »