Why Fibonacci Levels Work So Well In The Forex Market?

In the currency market, the Fibonacci levels are keenly observed. You might hear a lot about the Fibonacci Sequence being a very important sequence having important applications in nature. Fibonacci numbers are found in flowers as well as in the orbital rotations of the stars. You might also hear that Fibonacci numbers describe the perfect… Continue reading Why Fibonacci Levels Work So Well In The Forex Market?

Advent of High Frequency Trading And Automated Trading!

Over the years, technical analysis has become popular with most of the traders. Many of them like to call themselves technicians. But does the traditional forms of technical analysis work now like comparing the current prices with the moving averages and their standard deviations. Trading technology is improving rapidly. In the early 1950s, technology was… Continue reading Advent of High Frequency Trading And Automated Trading!