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 ...
Imagine the market is like a massive rubber band. When stretched too far in one direction, it must inevitably snap back, or retrace, before moving forward again. The challenge for the individual ...
We've now discussed finding entry points, setting stops, and projecting initial profit targets in the previous lesson. I’ve found that it’s usually harder to decide what to do with the trade once you ...
Gold surged to record highs above $3,500, confirming a bullish triangle breakout. Measured moves and Fibonacci targets suggest further upside potential as long-term momentum remains intact. Gold ...