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.

In forex trading and analysis, the primary purpose of Fibonacci analysis is to determine potential retracements within trends. Trends move in one general direction, up or down, but there are always ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. The Fibonacci number and Gann's techniques are technical analysis tools that are widely used by traders around ...

Fibonacci tools never cease to amaze me. The question becomes do they predict or become a self fulfilling prophecy? In the end it may not matter. What does matter is that Fibonacci tools assist ...

Traders are constantly confounded by the conundrum of when to enter a position during a trending market. Enter too early and run the risk of your stop getting hit before the trend continues its ...

FOREX Observations: “The GBPUSD traded significantly higher but faces resistance from a short term trendline (weak), 61.8% retracement and 10/17 high at 16157/77 (significant) and possibly 16227. The ...