Tag Archives: support or resistance

Mean reversion introduction : Mean reversion is the heart of all market movement. Prices are either traveling away from the mean, or snapping back toward the mean. We have low trending volatility and high trending volatility. High trending volatility will see a market move substantially in one direction before a retracement occurs. Low trending volatility will see a minor fluctuation around the …

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The Engulfing Trader Training Series By // forexreviews.info/5-day-trend-trading-course/      Check the other products by  Timon Weller   There is one element on the charts that is always there. That element is structure or what many refer to as support and resistance. To many this is a way overlooked subject. If you are new to the Forex market or to any market it …

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Fibonacci expansions levels      Fibonacci expansions are retracement levels beyond the usual 100%. If you are in a buy trade and price exceeds 100%, the expansion levels can be used to find a target. Supposing you have two waves that are in an uptrend, if you apply the Fibonacci retracement on wave 1, it can’t be used in identifying where wave 3 …

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