Is thinkorswim good for forex?
A: Thinkorswim is one of the biggest names in forex trading platforms, and for good reason. Along with a proven track record and trusted ownership, Thinkorswim boasts numerous great features and offers fee-free trade execution.
Which forex indicator is most accurate?
What is the most accurate forex indicator? Hands down, the most accurate forex indicator is the Fibonacci retracement. When the price reaches a Fibonacci level, there is a high chance the market will react to it in one way or the other.
Which is the best forex signal app?
Best for Daily Live Streams: Forexsignals.com. High-Quality: 1000pip Builder. Best Free Signal Provider: Forex Signals Factory. Best for Filtering: MQL5….
- Learn 2 Trade.
- 1000pip Builder.
What is the golden zone forex?
The Golden Zone is represented by the price area between the 38.2% and 61.8% Fibonacci retracement. Obviously, the 61.8% is the most critical number in our strategy.
Can I start Forex with $100?
Most Forex brokers will allow you to open an account with as little as $100. While it is possible to grow a $100 account, you will want to learn all you can from other Forex traders first as well as practice in a demo account before depositing real money.
What is Fibonacci golden ratio?
The golden ratio is about 1.618, and represented by the Greek letter phi, Φ. The golden ratio is best approximated by the famous “Fibonacci numbers.” Fibonacci numbers are a never-ending sequence starting with 0 and 1, and continuing by adding the previous two numbers.
What is the Fibonacci golden zone?
The Fibonacci Retracements Tool at StockCharts shows four common retracements: 23.6%, 38.2%, 50%, and 61.8%. Even though deeper, the 61.8% retracement can be referred to as the golden retracement. It is, after all, based on the Golden Ratio.