Fibonacci
Leonardo Fibonacci of Pisa was an Italian mathematician responsible for the series 1, 1, 2, 3, 5, 8, 13, 21, ... These numbers, called the Fibonacci series, are often found in nature. Each number is the sum of the previous two numbers.
In many applications, including stock trading, people do not use Fibonacci numbers directly. Traders typically use the golden ratio. One way to compute the golden ratio is to divide a large Fibonacci number by an adjacent number from the series. This ratio, like the Fibonacci series, is commonly found in nature. If we were to use the precise mathematical terminology, we would say that people trade using "The Golden Ratio", but instead we will use the term "Fibonacci" as this term is common with traders.
The most common way traders use Fibonacci is to look for Fibonacci retracements. Trade-Ideas offers several alerts which report Fibonacci retracements and similar patterns.
Alert Types
We offer the following alert types which are related to this topic. Click on the icon for a detailed description of the alert, or click on the "more" link for additional examples of each type of alert.
| Type | Recent Examples | More Examples | ||
|---|---|---|---|---|
| Time (NY) | Symbol | Message | ||
 | Nov 20th, 7:54:47 PM | CPST | 75% pullback from lows. | more |
 | Nov 20th, 7:56:18 PM | BNX | 25% pullback from lows. | more |
 | Nov 20th, 7:59:04 PM | AAI | 75% pullback from highs. | more |
 | Nov 20th, 7:59:29 PM | NVDA | 25% pullback from highs. | more |
 | Nov 20th, 7:50:40 PM | SMH | Fibonacci buy signal. Retraced 38.1966% from resistance (25.25) back to support (25.06). Started 3 hours 53 minutes ago. | more |
 | Nov 20th, 7:54:41 PM | OPTT | Fibonacci sell signal. Retraced 38.1966% from support (9.60) back to resistance (10.536). Started 1 day 4 hours ago. | more |
 | Nov 20th, 7:52:59 PM | WAG | Fibonacci buy signal. Retraced 50% from resistance (39.03) back to support (38.64). Started 9 hours 17 minutes ago. | more |
 | Nov 20th, 7:59:46 PM | INSM | Fibonacci sell signal. Retraced 50% from support (0.78) back to resistance (0.801). Started 1 day 5 hours ago. | more |
 | Nov 20th, 7:52:59 PM | WAG | Fibonacci buy signal. Retraced 61.8034% from resistance (39.03) back to support (38.70). Started 7 hours 48 minutes ago. | more |
 | Nov 20th, 7:59:46 PM | INSM | Fibonacci sell signal. Retraced 61.8034% from support (0.78) back to resistance (0.801). Started 1 day 5 hours ago. | more |
 | Nov 20th, 7:58:59 PM | LVS | Fibonacci buy signal. Retraced 78.6151% from resistance (16.44) back to support (16.30). Started 4 hours 52 minutes ago. | more |
 | Nov 20th, 7:59:46 PM | INSM | Fibonacci sell signal. Retraced 78.6151% from support (0.78) back to resistance (0.80). Started 8 hours 41 minutes ago. | more |
