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In his latest spread betting video tutorial John C Burford deals with the basics of Fibonacci theory and how it can help you decide where to enter and exit trades.
If you'd like to learn more about Fibonacci and how to apply it to your trading strategy, download the entire 14-page free eBook, How You Can Use Fibonacci to Improve Your Trading.
What is Fibonacci retracement? Fibonacci retracement denotes a type of technical analysis to identify the expected support and resistance levels of an asset. It involves the use of several horizontal ...
EURUSD is trading near a 3-month high just shy of the 1.3900 psychological resistance area. The Euro has closed above weekly triangle resistance and a significant Fibonacci Level The lack of ...
The question is will initial Fibonacci retracement support hold? The intermediate term uptrend for gold remains intact for now on the daily chart, although the near term trend has turned down in a ...