The Fibonacci retracement levels used in technical analysis are derived by dividing one of these numbers by another number that appears later in the chain. For example, 55 divided by 89 is 61.8% ...

Today, he mainly trades crude oil, gold, and currencies using a technical-analysis tool called Fibonacci retracement. He's also a teacher and coach helping others learn how to chart at HowToTrade.com.

Every trader should be aware of the impact Fibonacci levels and round-number percentage returns can have on stocks Whether you're trading stocks or options, you probably include technical analysis ...