I received an email yesterday asking about trading with Fibonaccis. While I’m familiar with fibos, they are not something I myself use. As such, I’m not comfortable entering into a discussion of them myself. Instead, I’ll offer up some potentially useful alternate sources on the subject. Here’ they are.
Using Fibonacci Levels to Find Support/Resistance
These are just a few examples, of course. I don’t have any connections with the sites in question, so I can’t comment on those who run them.
If you have any suggests, definitely leave a comment with your views.
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About the Author
John Forman, author of this blog, has traded for more than 20 years, is a professional market analyst, and authored The Essentials of Trading. He is an active participant in trading forums, consults for trading related businesses, as published literally dozens of trading articles, and has been quoted in a number of books and in the media.
** See John’s full bio.
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