Categories Economic Indicator

Top 5 Economic Indicators That Move the E-mini S&P 500 Futures (And How to Trade Them)

The E-mini S&P 500 futures contract is highly sensitive to economic data releases, making technical analysis crucial for traders navigating these market-moving events. Understanding how major economic indicators influence price action can help traders develop more effective trading strategies and manage risk appropriately. 1. Non-Farm Payrolls (NFP) The…

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Categories Fibonacci Analysis

Mastering Fibonacci Extensions for Precise Profit Targets

Fibonacci extensions provide scientific price targets that often act as powerful reversal zones. Here’s a detailed look at how to use them effectively: Extension Levels in Detail Common extension levels and their significance: Setting Up Extension Trades: Risk Management Guidelines: Advanced Extension Concepts: Trade Management Rules: Quagensia Implementation:…

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