Forex Articles – page 5

Forex Scalping Explained
Same as day trading, scalping is aimed at profiting from short-term market movements. If a day trade may last for a few hours, a scalping position is typically open for 1 or 2 minutes. Each successful scalp will bring a trader about 5-10 points. Although such returns of a single order might sound discouraging, a big number of those boosted by leverage will make this strategy worth your attention.
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Fibonacci Arcs
Fibonacci Arcs are a technical analysis tool that predicts potential support and resistance levels based on the Fibonacci sequence.
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