Fibonacci Archives - Traders Log

Five Fibonacci Tricks

Alan Farley — Sun, 24 Apr 2016 18:13:08 +0000

Fibonacci jumped into the technical mainstream late in the bull market. Futures traders had it all to themselves until real-time software ported it over to the equity markets.

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Fibonacci

TradersLog — Mon, 28 Sep 2009 16:57:42 +0000

Leonardo Pisano, better known by his nickname, Fibonacci, was an Italian mathematician born in Pisa in the 12th century. He is known to have discovered the Fibonacci numbers, said to be based upon observations of the Great Pyramid of Gizeh in Egypt. Fibonacci Numbers are a sequence of numbers where each successive number is the

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Phi: The Golden Ratio

TradersLog — Mon, 28 Sep 2009 16:45:26 +0000

Also referred to as the golden mean, golden section, golden number or divine proportion, the golden ratio is a number, approximately 1.618, that possesses many unusual mathematical properties. Over two thousand years ago phi was identified by Euclid because of it’s crucial role in the construction of the pentagram. Since then the ratio has been

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Leonardo Fibonacci Biography

TradersLog — Mon, 28 Sep 2009 16:23:43 +0000

Leonardo Pisano, now better known by his nickname Fibonacci, also sometimes used the name Bigollo, which may mean good-for-nothing or a traveller. He was born in Pisa, Italy around 1170. At the time, Pisa was an important commercial town and had links with many Mediterranean ports. He was the son of Guilielmo Bonacci, a diplomat

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Fibonacci Time Zones

TradersLog — Mon, 28 Sep 2009 16:08:26 +0000

Fibonacci time zones are composed by dividing a chart with vertical lines spaced apart in a ratio adhering to the Fibonacci number sequence (1, 1, 2, 3, 5, 8, 13, etc.). The interpretation of Fibonacci Time Zones involves looking for significant price movement near the vertical lines. Also known as Fibonacci Time Series. Related Articles:

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Fibonacci Retracements

TradersLog — Mon, 28 Sep 2009 16:07:39 +0000

Fibonacci Retracements are displayed by locating two extreme points, a trough and opposing peak. Five lines are drawn: 100% (the high on the chart), the second at 61.8%, the third at 50%, the fourth at 38.2%, and the last one at 0% (the low on the chart). These price levels often correspond to areas of

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Fibonacci Fans

TradersLog — Mon, 28 Sep 2009 16:07:38 +0000

Fibonacci Fan Lines are displayed by first drawing a trendline between two extreme points, a high and low. An invisible vertical line is drawn through the second extreme point. Three lines are then drawn from the first extreme point (the leftmost point) passing through the invisible vertical line with their slopes at the Fibonacci levels,

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Fibonacci Arcs

TradersLog — Mon, 28 Sep 2009 16:07:28 +0000

Fibonacci Arcs are created on a chart by first drawing a trendline between two extreme points, a trough and opposing peak. Three arcs are generated that are centered on the second extreme point and intersect the trendline at Fibonacci Levels, usually of 38.2%, 50% and 61.8% of the distance between a price maximum and minimum.

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Why Successful Traders Use Fibonacci and the Golden Ratio

Jim Wyckoff — Thu, 24 Sep 2009 19:10:59 +0000

Support and resistance levels on bar charts are a major component in the study of technical analysis. Many traders, including myself, use support and resistance levels to identify entry and exit points when trading markets. When determining support and resistance levels on charts, one should not overlook the key Fibonacci percentage “retracement” levels. I will

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