Monthly Archives: August 2013

Market psychology at important fibonacci retracement levels

There is no single ‘most important’ fibonacci retracement level. Rather which level comes to the fore has to do with timing and can only be confirmed by observing price action. However some fib levels have more meaning than others.


EURUSD high impact news: price action at higher time frame resistance

This EURUSD price action highlights importance of looking at high time frame From my observation, members of our community tend to overlook the importance of higher time frame charts during their trading and analysis. It is true that when we swing trade and for some