Tag Archives: Fibonacci Retracements

Another Fibonacci Trading Strategy

Fibonacci Trading Strategy

Fibonacci retracements are one of the best ways to understand market price action. Whether you trade stocks, commodities or FX, markets have a tendency to retrace. This article shows a way to trade using Fibonacci Retracements. If you want to understand the method that I used to calculate Fibonacci Retracements in Excel you can view the article: […]

Calculate Fibonacci Retracements Automatically

Fib Retracements EUR/USD

Like many traders, I love using Fibonacci Retracements on my charts. They are an excellent way to make sense of what the market is doing. They can be used for entry points, exit points and setting stop-loss levels. However, it is easy to use these retracements without knowing whether one level is better than another. […]

Analyzing a Forex Fibonacci Retracement Strategy

Fibonacci retracements look great on charts but how useful are they for forex traders? I wanted to know whether they are helpful and if they can be used as part of a profitable trading strategy. In this article I analyze how effective and profitable a fibonacci trading strategy is in the EUR/USD forex market. I use […]

How to Calculate and use Fibonacci Retracements in Forex Trading

Fibonacci Retracements

This post explains what Fibonacci retracements are and how they are forex traders use them.  If you are interested in trading using Fibonacci levels, check out the next article, How to Calculate and use Fibonacci Extensions in Forex Trading. The first section shows what Fibonacci ratios are and how to calculate them.  The second section explains […]