Ratio

Golden Ratio” in Forex Trading: A Useful Guide

5 min read

The golden ratio forex strategy is a popular trading technique used by experienced traders to predict market movements. It is based on the Fibonacci sequence, which involves identifying clusters of price fluctuations and measuring them according to the ratio of the two outermost points. The golden ratio is based on the assumption that markets often move in predictable patterns and that those patterns can be exploited by traders. The goal is to make profitable trades by understanding the underlying trends in the market and predicting how those trends will develop. Experienced traders of forex typically employ the golden ratio when trading to gain an extra edge in the markets.