Trading With Fibonacci by Fawad Razaqzada
Though the mathematician known as “Fibonacci” composed his major work back in the 13th century, his concepts are a popular component of chart reading today. Find out how you could be using Fibonacci tools on your charts and in your trading to help take some of the subjectivity out of your decision-making and to better understand what other traders may be seeing and thinking.
Analysis styles vary considerably among market participants. There are those who like to use moving averages; some prefer candlestick patterns, and others incorporate various technical indicators into their trading. Then there are those who base their trading decisions on horizontal or vertical trendlines ...