Fibonacci retracements and extensions technique is quite a popular Forex trading method. Unfortunately, many traders lack the understanding of how and why the Fibonacci levels work and even more traders dont understand how to use these levels. The little Forex book that Ive uploaded to my site today will help such traders. This book is titled Practical Fibonacci Methods for Forex Trading and is written […]
Read moreThe Chinese yuan rose today to its new highest level against the dollar as the Forex traders reacted on the U.S. bank-rescue plan of dumping $700 billion into the economy that will hurt some important macroeconomic statistics and increase the supply of dollars. Yesterday dollar showed an exceptionally fast drop against the major currencies on the Forex market. In its reaction to this fall, Peoples Bank […]
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