Fibonacci numbers and the Golden Section have always been the most fascinating subjects of scientific studies. They are the part of our daily life whether we are aware of this or not. There is no doubt that Golden Mean and Fibonacci Ratios have a lot to do with a stock market as well. This site will help you to understand better how Fibonacci works in economics, FOREX and stock market, how you can use it in technical analysis.
We offer you to learn more about the nature of Fibonacci from the following article:
Fibonacci Numbers and How they Relate to the Financial Markets and Trading
The most important tools of the technical analysis often work using Fibo Ratios:
Basics of Finding Important Support and Resistance Levels with Fibonacci
The below articles will definitely help you deepen the knowledge about the relationship of stock prices to Fibonacci:
Fibonacci Price Studies: Expansions
Fibonaci Price Studies: Extentions
Fibonacci Price Studies: Fibonacci Projection levels
Fibonacci Price Studies: Retracements
There are some working trading strategies that use Fibonacci studies to predict currency and stock prices. Here are the best Fibo trading strategies:
Shark Attack Fibonacci Trading Strategy
Identifying A Trend Using Fibonacci zones: Trend Trigger Fibonacci Strategy
Using Fibonacci Zones To Identify Reversals
This is also necessary to mention some technical analysis drawing tools directly related to Fibonacci. Wave59 RT trading software includes one of the most famous of such Fibo tools:
