Showing posts with label fibonacci. Show all posts
Showing posts with label fibonacci. Show all posts

Tuesday, 1 November 2011

What Is a Retracement in Forex?

What Is a Retracement in Forex?
Retracement is an effective trend analysis construct that helps many Forex traders to find the trend continuation and reversal points. A lot of currency traders know only about Fibonacci retracements, but there are many more.