Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Why do traders use Fibonacci retracements? Markets rarely move in a straight line, and often experience temporary dips – known as pullbacks or retracements. Fibonacci retracements are used by traders ...

Casey Murphy has fanned his passion for finance through years of writing about active trading, technical analysis, market commentary, exchange-traded funds (ETFs), commodities, futures, options, and ...

A series of whole numbers in which each number is the sum of the two preceding ones: 1, 1, 2, 3, 5, 8, 13, etc. Fibonacci numbers are used in a variety of algorithms, including stock market analysis.