How To Use Fibonacci Extensions To Ride Trades And Find Profit Targets скачать в хорошем качестве

How To Use Fibonacci Extensions To Ride Trades And Find Profit Targets

The Fibonacci tool is very popular amongst traders and for good reasons. The Fibonacci is a universal trading concept that can be applied to all timeframes and markets. There are also countless Fibonacci tools from spirals, retracements, Fib time zones, Fib speed resistance to extension. In this video, I will explain how to correctly draw a Fibonacci sequence and how to use the Fibonacci extensions for your trading. How to draw Fibonaccis – just do it Often, traders who have no prior experience with Fibonaccis are worried that they are ‘doing it wrong’ and they then don’t use the Fibonacci tool at all. I can assure you, there is no right or wrong when it comes to drawing Fibonacci and you will also see that different traders use Fibonacci in slightly different ways. The Fibonacci levels are %-based which means that even when you draw them differently, they will often line up correctly. Step 1 – Find an ‘A to B’ move To use the Fibonacci retracements, you have to first identify an ‘A to B’ move where you can use the Fibonacci retracement tool. What do we mean with ‘A to B’? A = the origin of a new price or trend move. These are usually swing highs and lows, or tops and bottoms. B = Where the trend move pauses and reverses to make a retracement. .... no investment advice - informational and entertainment purposes only * Do you like my free YouTube videos? Then you will love the Tradecademy! In the Tradecademy, you find 80 brand-new and never-seen-before trading videos in a completely new trading course. Plus, you join a private discord community, live trading webinars and you can interact with me directly. New: Tracademy - online trading academy ► https://tradeciety.com/academy/ Our weekly trading newsletter: ► https://tradeciety.com/newsletter/ Our trading journal: ► https://edgewonk.com/ Trading podcast: ► https://tradeciety.com/podcast #### Risk Disclaimer: https://tradeciety.com/risk-disclaimer Any and all liability for risks resulting from investment transactions or other asset dispositions carried out by the customer based on information received or market analysis is expressly excluded by Quantum Trade Solutions GmbH. All the information made available here is generally provided to serve as an example only, without obligation and without specific recommendations for action. It does not constitute and cannot replace investment advice. We, therefore, recommend that you contact your personal financial advisor before carrying out specific transactions and investments. In view of the high risks, you should only carry out such transactions if you understand the nature of the contracts (and contractual relationships) you are entering into and if you are able to fully assess the extent of your risk potential. Trading with futures, options, forex, CFDs, stocks, cryptocurrencies and similar financial instruments is not suitable for many people. You should carefully consider whether trading is appropriate for you based on your experience, your objectives, your financial situation and other relevant circumstances. Information and Opinions: Information on this site is provided solely for informational or general educational purposes and should not be construed as an offer to sell or the solicitation of an offer to buy securities or to provide investment advice. The opinions and analyses included herein are based on sources believed to be reliable, but no representation or warranty, express or implied is made as to their accuracy, completeness, timeliness, or correctness. All information contained herein should be verified independently. Results: Past performance is not necessarily indicative of future results. Investment information may not be appropriate for all investors. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. #forex #trading #technicalanalysis