I believe that leverage is reason number one why so many people fail in Forex and CFD trading. I know that because I experienced it by myself and it took me a while to understand that and work on that.
I like to check yearly Pivot points – sometimes every month, sometimes every couple of months. Now we have a few months left of 2018 so this is a good time to have a look at pivots. Especially because the situation on many charts is very interesting with a price near to the important levels. This […]
In my trading, I use mostly Fibonacci combined with Pivot lines (daily and weekly pivots). Still, there are times when I check yearly Pivot lines. You may find examples below very interesting. Why Pivot Points lines They are calculated on price, many traders and fund managers follow them. Same with algos and trading robots, which […]
Ichimoku Kinko Hyo is a Japanese investing technique. It provides all – trading signals, resistance and support levels. It is very different from normal western techniques such as trading with moving averages, but after a while you should understand it easily. It was created around 50 years ago by Japanese journalist Goichi Hosoda. He started […]
ContentsIs Bitcoin good for day trading?Finding a broker for Bitcoin tradingSelecting best time frameStrategies you may use to trade BitcoinTrailing stop lossIchimokuFibonacci tools and BitcoinPivot PointsThe risks of day trading BitcoinSummary Forget Forex and stock markets. Bitcoin remains to be popular among individual investors and traders. Many of them simply buy and hold Bitcoin, because […]
ContentsHow to install the rainbow template from part 8?How to install Pivot points?How to draw them correctly?Almost the end PREVIOUS PART: PART 12. MORE EXAMPLES OF TRADES How to install the rainbow template from part 8? Download files from this address. Unzip the files. First, copy both files named Kijun-Sen+ to the folder expert / […]
ContentsSelecting a brokerSelecting currency pair(s)Trading hoursHow many pips, how many pairs Selection of a broker and currency pair is very important. There are many dishonest brokers, there can be problems with money withdrawing, trade execution, slippage and many others. If you read few topics from Forex Peace Army you will know what I’m talking about. […]
In this section you can download DEMA (Double Expotential Moving Average) for Metatrader4: – download DEMA (Double Expotential Moving Average) for Metatrader4 – The file also includes MACD and RSI based on DEMA. About DEMA Every trader is familiar with basic moving averages such as: Simple Moving Average (SMA) Expotential Moving Average (EMA) Linear Weighted […]
ContentsWhat is swing trading?Swing trading – is it for you?What is better – day trading or swing trading?Swing trading = you have a lifeBasicsBest instrument to trade with swingsTrading costsTime frame for swing tradingStrategiesBreakoutsPatterns and price actionIchimokuPivot PointsFibonacci approachJoined Fibonacci and PivotMACDRenko tradingMy swing trading strategyTrailing stop line in swing trading strategyCommon mistakes Swing trading […]
Welcome to fibotrading.net. I trade mostly Forex with Fibonacci tools. I like trading, but I also like to write about it and teach other people. That is why I started this blog. Need any help? Contact me.