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Welcome to my latest spread betting video tutorial. This week, I want to deal with the basics of Fibonacci theory - I will explain some more advanced methods in a later video. Fibonacci was an ...
Applying Fibonacci analysis to the markets you are trading will help you clarify your trading plan while also giving you an objective way of determining the risk and reward of any trade.
As I mentioned in a recent Charts in Play, flag formations are one of my favorite chart patterns to trade. These triangles generally represent continuation patterns or pauses in a major trend ...
By examining typical random Fibonacci sequences based on coin tosses, Viswanath uncovered a similar pattern. He ignored the minus signs, thereby taking the absolute value of the terms.