Drawing a perfect Golden Spiral is pretty tricky to do by hand, but just like with the Golden Ratio, you can get a close approximation with the Fibonacci Spiral. This is created by drawing an arc ...
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 ...
The most common way to use Fibonacci retracement levels when trading is to compute them when the market starts to retrace a significant move and draw them on your chart. You can then watch closely ...
They discussed ongoing learning opportunities; building something from nothing; architecture comradery; construction; appreciation for man-made and natural objects; technical drawings; when ...
The next time you analyze a chart, remember that there are two types of percentage returns that all traders should have on their radar: Fibonacci levels Round-number percentages You may already be ...
Once you’ve applied your indicator to a chart, right-click on the indicator itself or directly on the name of the indicator. From here you can edit values, colours and styles. You can edit drawings, ...
On the chart you can see where the market turned multiple times at these levels. The second is Fibonacci retracements and this is what most of this post will be about. There are a few basic rules when ...