Leonardo Fibonacci was an Italian mathematician who lived in the 13th century and was known for his world famous Fibonacci sequence, which many trader use to try and predict currency prices with greater accuracy. Let's look at the Fibonacci number sequence and Forex trading. (More...)

The Fibonacci numbers sequence and the golden ratio have fascinated mathematicians for hundreds of years. While Fibonacci numbers have many applications, they have received considerable interest from traders due to their uncanny accuracy in spotting market turning points in advance. (More...)

Fibonacci analysis is crucial to the modern trader and almost all traders do use retracements and extensions as part of their strategy. Over the years they have proven to be exceptionally accurate at predicting market movements and this can help traders devise strategies to make more profit. One of the best ways to make profit whilst trading is by predicting price breakouts. (More...)

Fibonacci retracements and extensions have become so popular amongst traders due to their consistent and accurate predictions of trends and resistance and support lines. Since the conception of Fibonacci retracement, a number of variations have been developed that essentially take advantage of the very same information and ratios but present the results in a slightly different way. These variations also produce different types of indication and this is also why they have been developed. (More...)