FiboChart - Fibonacci Retracement and Extension Overlay Tool for Stock and Forex Traders

Fibonacci Trading

One technical analysis trading strategy that is gaining popularity with investors is Fibonacci Retracements. Fibonacci Retracement trading involves using well-known ratios to help anticipate projected price corrections and is used by day traders, swing traders, and position traders when trading stocks, Forex, commodities, and futures. Fibonacci ratios used in technical analysis can be used to project entry and exit points in terms of both price and time. More...