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Random article: Fibonacci fan
This instrument is so astonishing that it can be called a road map of price. As the most part of indicators, Fibonacci fan shows key levels, which can perform as support or resistance levels on the basis of Fibonacci prices, in other words, the very point, where price can stop and get possible correction. Like Fibonacci levels, Fibonacci fan allows to define support and resistance levels. More often significant fall-down or growth make the price return to the previous levels. Over the correction, the price meets resistance and support on the levels where Fi fan is located or nearby. In case the price breaks through support level, it moves to the level of resistance.
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Popular article: Financial Services Authority (FSA)
Functionally FSA does not depend on the British Government and is fully financed by the companies, which it supervises. While making management decisions, the board is guided by six main principles. 1. First of all, it is a common principle of legitimacy, which means that management of each separate firm is responsible for compliance of firm's business with all legislative requirements. It is management who must take care of internal control and risk management in organization. In this case participation of state authority in internal business of the company is minimized. 2. Principle of efficiency is in operation in every organization and declares that all resources must be utilized effectively.
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