You may have heard about the Fibonacci numbers — a sequence of compounded consecutive numbers: 0, 1, 1, 2, 3, 5, 8, etc. Leonardo Bonacci (better known as Fibonacci ...
On my blog posts you will notice that I use my spread-betting platform's Fibonacci tool with abandon. I find this tool invaluable to help me time my trade entries and exits. It never fails to amaze me ...
The Fibonacci sequence is more than a historical curiosity. It is a practical method of technical analysis used to highlight potential areas that traders monitor for support and resistance.
Ideally, when the market is in a downtrend, we should look for rallies up off of the lows to a resistance level as a selling opportunity. Conversely, when the markets are in an uptrend we should look ...
Shain Vernier, a full-time trader, bets on crude oil, gold, and currencies over stocks. He utilizes the Fibonacci retracement tool for determining entry and exit points. He emphasizes the importance ...
A growing number of traders are looking to technical analysis tools to help them trade the ETF universe, which now extends to almost every financial niche imaginable. The Fibonacci Retracement tool is ...
Welcome to my latest spread betting video tutorial. This week, I want to deal with the basics of Fibonacci theory - I will explain some more advanced methods in a later video. Fibonacci was an Italian ...
Imagine the market is like a massive rubber band. When stretched too far in one direction, it must inevitably snap back, or retrace, before moving forward again. The challenge for the individual ...
The CTO of TradingView, a popular chart analysis service, has told Cointelegraph in an email on June 18 that the previous reports of a bug in their Fibonacci retracement technical analysis tool were ...