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Random article: Swing trading Forex
Swing trading is a type of trading where fluctuations of asset’s price are used for getting profit. A market position is hold open for not very long time (from several hours to 2-3 days). The positions have to be hold to achieve maximum amount of profit by making minimum trades.
The Fibonacci Spiral & Fibonacci Time Projection is among the popular Fibonacci Studies on the Forex market. Using these two methods in combination help traders to determine powerful support and resistance levels of the market along with time prediction. While the Fibonacci Time Projection is quite common and its rules are clear, the Fibonacci Spiral strategies can be used in different ways.
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Fibonacci Forex Channel. Fibonacci in forex
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