We plunge headlong here into the intriguing world of Fibonacci retracements and their use in trading indices.

Examples of the Fibonacci sequence in nature are seemingly endless and this expands to trading when it comes to analyzing price action.

How to use Fibonacci retracement Using Fibonacci retracement in day trading You can use Fibonacci retracement as the basis for typical strategies to ensure a stable trading sequence. The levels ...

How do traders use Fibonacci retracement? Using Fibonacci retracement in day trading Fibonacci retracement can be used as the basis for typical strategies employed by a day trader to ensure a stable ...

The twelfth century monk and mathematician Leonardo de Pisa (later branded as Fibonacci) uncovered a logical sequence of numbers that appears throughout nature and in great works of art.

In trading, specific percentages derived from the Fibonacci sequence — 23.6%, 38.2%, 50%, 61.8%, and 100% — are used to predict potential reversal levels in asset prices.

Trading Fibonacci Now that the trader has prices with which they can look to the re-ignition of the previous trend, the next step is to wait for price to hit these levels.

In this category are followers of Fibonacci numbers which most senior school maths students are familiar with. Since the 1930s there have been numerous trading theories involving Fibonacci numbers.

Fibonacci trading: It's a math sequence that few retail investors use when planning their trades, one left mainly to technical traders at institutions. It's reliability is questionable, though ...