Perhaps the best thing about trading the futures markets is the ability for participants to profit from trends. Strong moves in price offer beneficial risk versus reward ratios and provide an opportunity to realize extraordinary profits. One way in which active traders pursue profits via trend trading strategies is through automated Fibonacci trading. In this… Read more.
Written by DeWayne Reeves of CFRN.net. Burton Schlichter is a partner and featured broker at CFRN.net. FIB TIPS AND OTHER HEAD TRIPS As traders, we are quick to put on mental shackles. Bind ourselves to a way of thinking that lives somewhere between no-sense and nonsense. No trader makes it through unscathed. We all get… Read more.