The golden rule of the foreign exchange market

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The golden rule, also known as the golden rate technical analys forexrebatenetwork experts will be the law of the stock Whatisforexrebate, currency markets What is forex rebate futures markets, to explore the price changes in the high and low points, the accuracy is quite high, so used to this day The most basic formula of the golden rule, is to divide 1 into bestforexrebate.618 and 0.382, and then according to the actual situation changes, evolved to other calculation formula cashback forex the short market When the short market ends and the long market comes, the most important question for investors is where is the top? In fact, there are many factors that affect the movement of the exchange rate, want to accurately grasp the highest point of the rising market is impossible, investors can do is to follow the golden mean law to calculate the possible reversal point of the exchange rate, that is, the pressure point, as a reference data when operating When the exchange rate rises out of the low price, refer to other technical indicators such as the average price system, K-line, slow and fast stochastic indicators, etc., from the speed and durability of the rise to Analysis, and in accordance with the golden rule, its upward trend may be close to or reach or exceed 0.382 and 0.618 when the change, that is, when the rise to close to or reach or exceed 38.2% or 61.8% there will be a counter-pressure, there is an end to the rising market to start reversing the possibility of falling Golden rule in addition to the fixed 0.382 and 0.618 is the pressure point of the upward range In addition, there is also half of the pressure point, and 0.382 half of 0.191 is also very important basis Therefore, when the rising market, the need to set the price of the ability to rise and may reverse the price ready to operate when the previous stage of the downturn of the lowest point multiplied by 0.191, 0.382, 0.618 and 1; when the exchange rate rose by more than double, it The counter pressure point is 1.191, 1.382, 1.618, 1.809 and 2; and so on when the end of the long market, the short market, investors are most concerned about where the bottom is, you can also use the Golden Mean method of predicting support points, calculations and be prepared to buy at low

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