Fibonacci retracement is a popular tool in technical analysis used by traders to identify potential reversal levels and support or resistance points in the price movement of assets. Based on the ...

Why do trends pause at 38.2% or 61.8%? Learn how Fibonacci retracements map the next reversal zone — and the confluence rule ...

Time for some simple mathematics that span across the scientific world. This week, we’re exploring just some examples of the “golden ratio”. * Enough of getting bogged down in the numbers, here’s ...

I last left the Dow on Wednesday in a state of indecision. The market had broken below my lower tramline drawn off the lows made since the 8 August low at 10,450. But it had not made a decisive break ...

Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and currently holds a Life, Accident, and Health License in Indiana. He has 8 years experience in finance, from ...

Elliot wave analysis and Fibonacci retracement are two of the most useful tools a spread better can use. John C Burford explains why. In my last post, I described a possible trading scheme in the ...