Posts tagged ‘Fibonacci’

Use Fibonacci Retracements to Enhance Your Day Trading

By trader7757, 24 June, 2010, 2 Comments

Fibonacci retracements are one of the most talked about tools in a traders arsenal. Yet, they are consistently misused and poorly understood. Used properly, Fibonacci retracements can be a very valuable asset to your trading, but they must be use with precision and in the proper context.

New Video: Is Crude Finally Heading Higher

By trader7757, 6 November, 2009, No Comment

A Quick Update on the Crude Oil Market

I was just looking at the charts and they are beginning to look very, very bullish. The formation I show you in today’s video is a classic continuation pattern to the upside. This pattern also confirms a Fibonacci target number we are looking at.

This video is short and to the point and I think it will get you thinking about this energy market.

Click here to see where crude oil is headed

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