Western civilization owes a major debt of gratitude to the East, and nowhere is this fact more evident than in the all-important-field of mathematics. Can you imagine trying to do complex calculations using Roman numerals? Just where do the digits 0-9, with the base-10 system come from?
Most of us know that modern numbers are called “Arabic numerals.” They may also have their origins in India, though. But I bet you didn’t know the name of the man who brought them to Europe? It was Leonardo Fibonacci.
Fibonacci? Now I’ve got your attention. That great Italian mathematician was also responsible for the spread of Fibonacci Numbers — an invaluable trader’s tool that we’ll explore in this episode.
In this episode, you’ll learn:
-What Fibonacci Numbers are and what they can describe.
-Why it’s important to use Fibonacci Numbers in multiple time frames with multiple pivot points — and how to do so without cluttering your charts with noise.
-The specific name of the #1 most-recommended charting software for the use of Fibonacci Numbers.
Happy Trading!
Manny Backus
CEO, Wealthpire Inc.
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