Fibonacci numbers and stock market movements?

Question

The Fibonacci numbers are a sequence of numbers associated with Leonardo of Pisa. They have been used by architects, scientists and apparantly apear in nature.

They have also been used with tremendous effect to predict stock market movements such as currencies, commodities etc.

Have you used the Fibonnacci numbers and seen any tangible results in investing?

Any help would be appreciated. Thank you.

Answer 1

I know the of the numbers and they're also used in photography

I'ev never used them in investment

Answer 2

I did research into them and I wasn't persuaded, but the reasons are complicated, see below (there are three pages on it).