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Fibonacci Retracement on Chart
Wednesday, June 20th, 2007Well, Basicly Fibonacci retracement is very popular a technical tool to see where the market will move. Its mathematical number was announced by Leonardo Fibonacci in 13th century.
Investopedia.com: In technical analysis, Fibonacci retracement is created by taking two extreme points (usually a major peak and trough) on a stock chart and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8% and 100%.
Now, how I can put the indicator on my marketiva chart ?
Right click on chart, select Fibonacci Retracement.
Trends Terms:
Drawing Graph Trend Line Chart Video
Tuesday, October 17th, 2006One of the simple way to predict the next price on curreny market is draw simple trend line, trend lines are universally used by almost all traders. They are a common place for all traders to begin their technical analysi and its use by almost forex trader for swing in 123 trade. To add this line on marketiva streamer, right click on chart Indicators > Trend Line then select the color fo best view, make sure your Style chart in Line Chart, sample figure below this. the figure show red diagonal is Trend Line.
Trends Terms:
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