Since the rediscovery of the Fibonacci sequence of numbers during the 13th century, people have applied the concept in various ways. Mathematicians have regarded it as an important series of numbers while artists have applied it in their arts. Businessmen and traders on the other hand have seen it as an effective system in understanding the cyclical changes in the market. Today, modern traders have incorporated this system of numbers into software programs that they can make use of in making more accurate predictions of possible movement of prices in any given market.
