Here are the Elliott Wave Theory rules showing how each wave tends to work out in comparison to past waves, the key correlations with the Fibonacci levels. and approximately the percentage of time that price tends to stay inside each Fibonacci level. This is a quick reference cheat sheet for those wanting to track Elliott …
In technical analysis a Fibonacci retracement is a trading methodology for determining high probability support and resistance levels on a chart. It uses the Fibonacci sequence and that is where its name comes from. A Fibonacci retracement uses the theory that price swings on charts will usually retrace and backfill a mathematical portion of a …
This is a Guest Post by @TrendSpider and originally appeared on their TrendSpider Blog. There are many indicators and methods used by traders all over the world, but few are used more often than those based upon Fibonacci numbers. From forex traders to institutions, Fibonacci is a mainstay of market analysis, and an important tool …
This is a guest post by ‘Daytrade with ZEN’ @Zen_n_Sys. He has a passion for patterns and Neuroscience and has been day trading since 2003. Review of the Tech Sector and Case for GOOGL I have been watching some of the major tech stocks the past couple of weeks of earning season. AAPL IBM FB …
This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. Fibonacci numbers/ratio are an integral part of technical analysis. Entire concepts and trading theories were based on them. Traders always strive to get into a trade at the right moment. What would the …
This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. Fibonacci Levels in Technical Analysis by: Colibri Trader Every technical trader heard of the Fibonacci numbers. In a way, it is impossible not to. The most famous trading theories use these ratios. Before …
