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Archive for November, 2007

Fibonacci Trading

An introduction to Fibonacci trading
Leonardo Fibonacci (fi-bo-NA-chie) was an Italian mathematician of the thirteenth century. Among his many achievements was the introduction of the Hindu-Arabic numeric and decimal system, as used today throughout the world, to the European continent. He also first introduced an Indian numerical sequence to Europe, and this series of numbers today […]

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Forex Trading: Market Wrap: 16 November 2007

Australia’s approaching federal elections and potential tax cuts seem to have buoyed consumer confidence. Economic indicators remain positive despite the RBA’s increased inflation forecast, and point toward an interest rate hike, probably deferred until the first half of 2008. Amid the international credit crunch the world’s major banks scramble for liquidity and are likely to […]

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