Fibonacci numbers and stock bazaar movements?

The Fibonacci numbers are a sequence of numbers associated with Leonardo of Pisa. They hold been used by architects, scientists and apparantly apear surrounded by nature.

They own also been used next to tremendous effect to predict stock market movements such as currencies, commodities etc.

Have you used the Fibonnacci numbers and see any tangible results surrounded by investing?

Any help would be appreciated. Thank you.

Can you formulate money surrounded by Currencies near a low minimum match?



Answers:   I did research into them and I wasn't converted, but the reasons are complicated, see below (there are three page on it).

I hear Exxon Mobile, be selling out. Should I deal in my stock (XOM) or maintain it?


I have be trading since 1997, and know a number of nation who trade using different forms Fibonacci numbers.

You can check out the forums on trade2win.com, moneytec.com and elitetrader.com.

http://jsforex.blogspot.com

May to stocks enjoy correlation? would the price of one stock affect the price of another one?


I know the of the numbers and they're also used in photography

I'ev never used them within investment

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