Unlock the Power of Fibonacci Numbers!
Are you a Fibonacci trader? Did you read The Da
Vinci Code? Does math, history, science or technology really get
you going?
If you answered "yes" to at least one of these
questions, then you've come to right place. (If you answered "yes"
to all of them, then congratulations: you are the most easily excitable
person on the planet.) Just kidding; we're even more excited than
you.
But, seriously, if you said "yes," then we'll
bet your bottom dollar – or at least a .618 portion of it –
that you'll absolutely love our Fibonacci trading resources!
Not Familiar with Fibonacci Trading or ‘.618’?
Fibonacci trading is not one of those trading and investing
tools the mainstream financial media talk about. But – believe it or
not – most traders on the floor of the largest financial exchanges and
behind the desks of most powered trading institutions in the world use
Fibonacci trading all the time.
The secret professional traders know – and many mainstream
"experts" don’t understand – is that Fibonacci trading is
one of the single best tools to confirm directional market analysis.
And, better yet, Fibonacci trading works on foreign and U.S. stocks,
commodities, interest rates, currencies – any freely traded financial
market in the world!
Can I Learn Fibonacci Trading?
Yes, you can implement Fibonacci trading techniques
into your everyday trading decisions. All you need is an expert to teach
you the ropes. EWI’s top Fibonacci trading experts have produced several
valuable resources that will put you well on your way to mastering the
art, history and science of Fibonacci trading.
But, before you get started, you’ll at least want to
know this key principle: The number 0.618 is known as the Golden Ratio,
the Divine Proportion, the building block of nearly everything in nature.
With that said, it’s time for you to get started.
Feel free to begin your Fibonacci Trading education
by watching the free video clip at the top of this page about the Golden
Number's amazing role in nearly everything we do. Then sign
up for our FREE Club EWI to get immediate access to some
of our best Fibonacci content absolutely FREE. Look
to the left-hand column to access your FREE resources.
Need a deeper, more intermediate- to expert-level resource
on Fibonacci trading? Check out the resources on the right-hand side
of this page.
Don’t Think Fibonacci Trading is for You?
That’s fine. Fibonacci trading is not for everyone.
And, like all trading systems, Fibonacci trading has its limits. However,
before you rule it out, you should consider a few of the top reasons
professional traders turn to Fibonacci trading every day:
- Fibonacci trading can frequently confirm or
reject directional market analysis.
- Fibonacci analysis works on all time frames
– whether your investment is for two minutes, two days or two
years.
- The basics of Fibonacci trading are easy to learn, and mastery
of the method can have a huge impact on you success in the markets.
Sign
up for our FREE Club EWI to get started now.
Q&A with an Expert on Fibonacci Trading
Following is an interview Elliott Wave International’s
Futures Focus column conducted with EWI’s Senior Commodities Analyst
and Fibonacci trading expert Jeffery Kennedy.
From the comfort of his office, behind multiple flashing
computer screens, Jeffery explains the importance of using both Fibonacci
trading techniques in conjunction with the Elliott Wave Principle, plus
he tells you which takes precedence when there’s a conflict.
Futures Focus: Jeffrey, traders who
have ever had an idea to measure the ratios between legs in a market's
chart usually find, to their amazement, that all too often, those legs
relate to each other in perfect, or near-perfect, Fibonacci proportions
– such as 0.618, for example, also known as the Golden Ratio.
Jeffrey Kennedy: It really is nothing
short of amazing. When I first stumbled across that, I felt I had just
discovered some ancient secret that no one else knew about. After all,
you don't hear about Fibonacci numbers too often on mainstream financial
TV. And yet those proportions are everywhere, in nature and in every
liquid market, including the markets I focus on, commodities.
FF: So, if no one talks about it,
is it really a secret?
JK: Well, yes and no. Many, probably
even most, professional traders frequently use Fibonacci ratios as support
and resistance levels. When they see a market approaching a Fibonacci
retracement, they take note. If the market stops and reverses, it's
often a sign of a trend change, and if it blows right through it, the
trend is still strong. But your general investor is largely oblivious
to Fibonacci numbers (save for what they've read in The Da Vinci
Code), so for them, it does remain a "secret."
In my Daily Futures Junctures, I use Fibonacci
trading techniques all the time. My readers know that it's an essential
element of Elliott wave analysis. But as amazing as Fibonacci trading
is, the actual wave subdivisions on a chart are even more amazing. In
fact, in my Daily Futures Junctures service, I frequently talk about
how Elliott wave counts are frequently supported by Fibonacci numbers.
FF: What do you mean by "wave
subdivisions are more important"?
JK: How many legs a wave subdivides
into, three or five, is more important than whether or not the length
of that wave "observes" a perfect Fibonacci ratio. It's hard
to explain this without a chart, and you'll understand my point much
better once you take a look at EWI’s many free resources on Fibonacci
trading. Basically, what I'm trying to say is that if a wave doesn't
hit a certain Fibonacci target but still maintains its proper internal
structure, the structure takes precedence. Fibonacci trading cannot
be your only technique.
FF: Interesting. So, in those instances
Fibonacci proportions don't matter?
JK: They matter, but they take a back
seat to the wave structure. For example, if I see a wave that has overshot
its perfect Fibonacci proportion but still maintained its three-wave
internal structure, I know it's likely still a correction, not an impulse.
FF: You've got me intrigued. Thanks
a lot for your time.
JK: You bet.
For more on Fibonacci trading techniques, access the
free resources on the left-column of this page or order one of the Fibonacci
trading books or DVDs from the right-hand column of this page. Sign
up for our FREE Club EWI to get started now.
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