Need help

Is there any topic on the forum that involves discussion about using Fibonacci for retracement and projection and using R.S.I. for long term? If there please give me the link of the same.

If the link is not available,then can anybody tell me the names of the internet sites from where I can get in detail information about both.

It would be of great help,if anyone helps me out.

Thanking you.

For Fibonacci retracement and projection refer to

Robert. C. Miner - High Probability Trading strategies (Book with DVD tutorial)

Excellent resource for overall trading. Covers your specific topics in detail

Hope this helps.

Mandar, you can google on Fib Retracement and will get many links.
One default place for all trading /investment related queries is Investopedia DOC com.

RSI is lagging indicator and it is difficult to projection using RSI. So don't mix it with Fibonnaci which is leading indicator.

Using Fib, you can know far in advance the possible levels where mkt might find support. Problem is that it gives you many levels.. so if one level doesn't work then some other level will always work. Having said that, it doesn't mean fib levels are useless.. They do work but have their own limitation like any other tool in trading.
So understand them well and devise your trading strategy and test it.

Happy Trading

Thanking you both a lot for your valuable reply.