Thursday, February 4, 2010

Forex terms

Buy

is the position in Forex Trading for the Buy. Condition is if the price was going up significantly then you can open a Buy position.



Fibonacci

is a branch of the particular technical indicators to determine areas of support-ressisten. The most famous and easy to use the Fibonacci Retracement. Other families are Fibonacci Arc, Ekspansion. Fibonacci device you can also find the Metatrader software.

2 comments:

  1. Learning to trade Forex is a learning curve and every trader is bound to make mistakes no matter how experienced they are. The important thing to remember is that you should treat any mistake as an opportunity to learn from it and remember that tomorrow is another trading day, so you can just start all over again.

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  2. Hi, I enjoy reading your site! While scanning your site I noticed a broken link. Please email me back and I would be happy to point it out to you.

    Thanks!

    Harry
    harry.roger10 gmail.com

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