Why Does Fibonacci Work?

JC Parets · Why Does Fibonacci Work? 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! Click here return to the episode page

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The Allstarcharts Podcast on Technical Analysis Radio is a series of interviews with the best Technical Analysts in the world. While host JC Parets does discuss process and philosophy with each guest, Technical Analysis Radio is designed to get real time perspective on current market conditions from the most important minds in the business.