Are Fibonacci numbers' ratios magical numbers that can generate effective signals in trading? We traders are constantly learning, and an important skill is identifying the end of a cycle because that's when a trade is born. I have dedicated my professional career to identifying different patterns that are effective for training my clients. After studying Fibonacci ratios for years, I found that they do not provide an ideal way to enter the market. The less precision we have in entering, the higher the risk and the lower our account performance will be.

After testing various ways to obtain support and resistance that help guide us and protect our trade during the pullback, I have concluded that liquidity zones, which are simply those places where most stop orders are located, are the ideal places to identify the possible reversal zone. Once the price has turned and we decide to enter the trade, we can use that zone as a level to set the stop loss.

Everything is easier with a real-life example; in the video, we go step by step to explain this viewpoint with the goal of providing you with a practical technique that you can start applying from this moment to move forward with your trading. We use this technique, along with others that come from price action, daily in our membership, applying them to live markets. To start boosting your trading from today.


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Editors’ Picks

EUR/USD falls toward 1.0500 amid risk-off mood

EUR/USD falls toward 1.0500 amid risk-off mood

EUR/USD has come under fresh selling pressure, easing toward 1.0500 in the European session on Thursday. The pair faces headwinds from risk-off flows due to rising geopolitical conflict between Russia and Ukraine and worries over the potential US tariffs on the EU. ECB- and Fedspeak are awaited. 

EUR/USD News
GBP/USD stays pressured toward 1.2600 ahead of US data, Fedspeak

GBP/USD stays pressured toward 1.2600 ahead of US data, Fedspeak

GBP/USD remains pressured toward 1.2600 in European trading on Thursday. The pair's underperformance could be attributed to a risk-aversion market environment. Traders stay cautious amid rife geopolitical tensions ahead of mid-tier US data and Fedspeak. 

GBP/USD News
USD/JPY declines to near 154.00 even though US Dollar ticks up

USD/JPY declines to near 154.00 even though US Dollar ticks up

USD/JPY falls to near 154.00 despite the US Dollar remaining firm. Donald Trump’s policies are expected to boost US inflation and economic growth. BoJ Ueda didn’t commit to an interest rate hike move for December.

USD/JPY News

Editors’ Picks

EUR/USD falls toward 1.0500 amid risk-off mood

EUR/USD falls toward 1.0500 amid risk-off mood

EUR/USD has come under fresh selling pressure, easing toward 1.0500 in the European session on Thursday. The pair faces headwinds from risk-off flows due to rising geopolitical conflict between Russia and Ukraine and worries over the potential US tariffs on the EU. ECB- and Fedspeak are awaited. 

EUR/USD News
GBP/USD stays pressured toward 1.2600 ahead of US data, Fedspeak

GBP/USD stays pressured toward 1.2600 ahead of US data, Fedspeak

GBP/USD remains pressured toward 1.2600 in European trading on Thursday. The pair's underperformance could be attributed to a risk-aversion market environment. Traders stay cautious amid rife geopolitical tensions ahead of mid-tier US data and Fedspeak. 

GBP/USD News
Gold price extends gains beyond $2,650 amid rising geopolitical risks

Gold price extends gains beyond $2,650 amid rising geopolitical risks

Gold price extends its bullish momentum further above $2,650 in Thursday's European session. Gold price risies for the fourth straight day, sponsored by geopolitical risks stemming from the worsening Russia-Ukraine war. US data and Fedspeak are next in focus. 

Gold News
BTC hits an all-time high above $97,850, inches away from the $100K mark

BTC hits an all-time high above $97,850, inches away from the $100K mark

Bitcoin hit a new all-time high of $97,852 on Thursday, and the technical outlook suggests a possible continuation of the rally to $100,000. BTC futures have surged past the $100,000 price mark on Deribit, and Lookonchain data shows whales are accumulating.

Read more
A new horizon: The economic outlook in a new leadership and policy era

A new horizon: The economic outlook in a new leadership and policy era

The economic aftershocks of the COVID pandemic, which have dominated the economic landscape over the past few years, are steadily dissipating. These pandemic-induced economic effects are set to be largely supplanted by economic policy changes that are on the horizon in the United States.

Read more

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Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

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