Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...
The second is Fibonacci retracements. Gold has held the 38.2% Fibonacci retracement on each setback so far on this massive ...
Fibonacci retracement uses specific ratios to predict stock reversals. Key Fibonacci levels are 0%, 23.6%, 38.2%, 50%, 61.8%, and 100%. Investors use these levels for setting price goals and trading ...
The cryptocurrency market is known for its volatility and rapid price movements. For traders looking to navigate the unpredictability of digital currencies, technical analysis tools are indispensable.
Shain Vernier, a full-time trader, bets on crude oil, gold, and currencies over stocks. He utilizes the Fibonacci retracement tool for determining entry and exit points. He emphasizes the importance ...
Article Summary: When studying how to place trades in the direction of the trend many traders focus on the four most common indicators used by technical traders. However, by adding Fibonacci to your ...
Stephens, co-leader of the Trading Room advisory service who uses Fibonacci strategies, told attendees at the recent Las Vegas MoneyShow that they should create a ...
After holding a 38.2% level (106,350) level of a bigger range, only getting up to 38.2% of the smaller range is not a good sign at 112,250 and this will again be the key level for the week. Use ...
The S&P 500 just needs a little push to pull off a major technical comeback. Using closing prices, the S&P 500 fell 1,161.38 points, from its Feb. 19 record close of $6,144.15 to its April 8, one-year ...