In this video Edward Ji is giving an introduction to the Fibonacci Retracement Tool. The Historicity of it's discovery and use, as well as the basic pattern how the market moves and how a Stock Trader can use Fibonacci Retracement tool to ascertain the levels the market can retrace to resume it's long term trend. Don't forget to watch the second part where using the Fibonacci Retracement tool is explained for two and half months data. Fibonacci Retracement tool is one of the best tool that you can use for Stock trading, Commodity Trading and for Currency Trading.