Fibonacci Calculator

In basic terms, the forex fibonacci calculator is used to compute the potential support and resistance levels of a specific stock. Once a trader knows these levels, he or she is able to work out where breaks or bounces are likely to occur in any trade and set stop-loss, take-profit as well as stop and limit orders. The fibonacci calculator is an important tool but must be used in conjunction with other trading tools in order to avoid costly pitfalls.

To calculate Fibonacci retracement levels, please simply enter the start point (FROM) and end point (TO) of the moves in the up trend/downtrend table and then press 'Go'.

If you are still not sure how this tool can be used to trade more effectively, why not read up on the Fibonacci calculator here.