For example, suppose your portfolio started the year at $1,000 and it currently has a value of $1,030 on Sept. 30. Divide $1,030 by $1,000 to get 1.03, and raise that to the power of 1.33 (12/9) to get 1.04. A fiscal year is a period of time lasting one year but not necessarily beginning […]
Then the price moves to the area where your profit target was. Accepting this is part of Forex will save you a lot of heartaches. It won’t be any surprise if you feel frustration building or feeling upset when you make a loss. The first hurdle to overcome when you start trading with a live […]
Traders of the harmonic pattern might look for price reversal at point D, to trade with the expectation of a short term rebound on the index. It’s important to remember that you shouldn’t use the ABCD trading pattern in isolation when speculating on future price movements. Your positions should be supported by extensive technical analysis […]
