We plunge headlong here into the intriguing world of Fibonacci retracements and their use in trading indices. This is the ultimate mathematical tool that traders use, up to date, for the betterment of ...

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 ...

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.

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Yarilet Perez is an experienced multimedia journalist and fact-checker with a ...

Richard Lee is a specialist in foreign exchange markets, contributing to a number of online platforms, including Yahoo Finance and DailyReckoning. Gordon Scott has been an active investor and ...