Author name: kongsi

Mastering Fibonacci: A Beginners Guide to Profitable Trading

A retracement can be measured with different Fibonacci levels using different starting points for the Initial Move. In the following chart of the Aussie Dollar (AUD/USD), the price moves down to Point 1, retraces back up to Point 2, then continues moving down in the original direction. I’ve marked the two most recent and prominent …

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How to account for leasehold improvements

Exterior building renovations, such as landscaping, parking lot repairs, or roofing don’t qualify either. Even what is a leasehold improvement interior alterations like upgrades made to a building’s elevator or HVAC systems aren’t considered leasehold improvements. The process of accounting for leasehold improvements involves several steps, from the initial recognition of the assets to the …

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