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Monthly Archives: November 2022
Intermediate 10: Understanding Fibonacci
Written on November 22, 2022 at 1:25 am, by luna
Fibonacci is one of the tools that Forex traders often use. Let’s figure out how the Fibonacci instrument works. Leonardo Fibonacci, a mathematician from the 1300s, came up with a set of numbers (0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc.), with every number in the list the sumContinue Reading
Intermediate 9: Understanding Bollinger Band
Written on November 22, 2022 at 1:14 am, by luna
What Is the Bollinger Band Indicator? A Bollinger Band is a technical analysis tool consisting of a set of trendlines drawn to two standard deviations (up and down) from the simple moving average (SMA) of an instrument’s price. Traders can change these trendlines to suit their needs. Bollinger Bands were made by the famous technicalContinue Reading
