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Why Does Fibonacci Work?
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Manage episode 300397359 series 2151174
You guys know that I use Fibonacci levels to help us identify targets and manage risk.
And you’ve all seen it work, with your own eyes, for many years. I have too, of course, as one of the gang here calculating these levels every day.
But I’ve never quite understood WHY it works.
How come these numbers keep showing up all over Nature. Why do the prices of stocks and other assets keep respecting these levels?
When I get asked, I don’t have an answer.
But if there’s anyone I’m going to ask, it’s gonna be Bart.
So that’s what I did. And figured why not share this with all of you?
This was a lot of fun!
153 эпизодов
Why Does Fibonacci Work?
The Allstarcharts Podcast on Technical Analysis Radio: Current Market Analysis For Traders
Архивные серии ("Канал не активен" status)
When? This feed was archived on October 27, 2023 23:08 (). Last successful fetch was on April 19, 2022 13:30 ()
Why? Канал не активен status. Нашим серверам не удалось получить доступ к каналу подкаста в течении длительного периода времени.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 300397359 series 2151174
You guys know that I use Fibonacci levels to help us identify targets and manage risk.
And you’ve all seen it work, with your own eyes, for many years. I have too, of course, as one of the gang here calculating these levels every day.
But I’ve never quite understood WHY it works.
How come these numbers keep showing up all over Nature. Why do the prices of stocks and other assets keep respecting these levels?
When I get asked, I don’t have an answer.
But if there’s anyone I’m going to ask, it’s gonna be Bart.
So that’s what I did. And figured why not share this with all of you?
This was a lot of fun!
153 эпизодов
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