A growing number of traders are looking to technical analysis tools to help them trade the ETF universe, which now extends to almost every financial niche imaginable. The Fibonacci Retracement tool is ...
Fibonacci retracements are a tool used in financial markets to find points of support and resistance on a price chart. These levels are found by first pinpointing a high and low of a assets original ...
In this section, I will discuss how to use a Fibonacci retracement to time trade entries and to control risk. This is done through identifying profit targets and initial stops or hedges. In the next ...
A retracement in investing refers to a temporary reversal in the direction of an asset's price that occurs within a larger trend. It represents a short-term dip or pullback before the asset resumes ...
Ideally, when the market is in a downtrend, we should look for rallies up off of the lows to a resistance level as a selling opportunity. Conversely, when the markets are in an uptrend we should look ...
The chart is key to this analysis. There are two methods we use at ONE44 to find support and resistance in the markets. The first are major Gann squares, these are the yellow horizontal lines on the ...