Support and resistance levels inevitably break, as we learned when Fibonacci fails in Grade 1. This also applies to Fibonacci, because Fibonacci levels are utilized to discover support and resistance…

Let's talk about Fibonacci levels of retracement. Fibonacci retracement levels are horizontal lines that show potential price reversal levels. The Fibonacci technique works best when the market is trending, which…

We'll be employing Fibonacci ratios a lot in our trading, so learn them and love them as much as you love your mother's cuisine. We'll stick to two Fibonacci studies:…

You learned about trading support and resistance in the previous lessons. Let's go over what you've learned thus far. The highest point reached before the price falls back is now…

Now that you know how to trade support and resistance, it's time to put these simple yet powerful technical indicators to work in your trading. Because we want things to…

We can create Trend channels by taking this trend line theory a step further and drawing a parallel line at the same angle as the uptrend or downturn. No, we…

In forex trading, trend lines are arguably the most used type of technical analysis. They're also possibly one of the most underutilized. They can be as accurate as any other…

One of the most often used trading ideas is "support and resistance". Surprisingly, everyone seems to have their own opinion on how S&R should be measured. Let's start with the…

To study how a currency pair's price shifts, you'll need a way to look at both its historical and current price actions. You should also check the types of charts…