We plunge headlong here into the intriguing world of Fibonacci retracements and their use in trading indices. This is the ultimate mathematical tool that traders use, up to date, for the betterment of ...

To use Fibonacci extensions, a trader needs three points: the start of a move, the end of that move, and the end of the subsequent retracement. For an uptrend, this would be a swing low, a swing high, ...