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Author Topic: VIDEO: Learning The Fibonacci For Trading  (Read 136 times)
CryptoMobster (OP)
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April 16, 2020, 03:55:21 PM
 #1

Hey everyone,

A few people liking my other stuff in the forums so thought i'd share this one too...

This is the bread and butter in my trading in terms of what I use and how I use it for entries and exits, plus long term target points that assets can turn around or land.

I apologise it is long but a lot of good value here on how you can use it.

https://www.youtube.com/watch?v=QIVEXr42Hho

palle11
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April 16, 2020, 05:07:31 PM
 #2

Fibonacci was one of the indicators that I was using in trade but later I saw that it was giving some kind of biased direction because you can adjust it or draw it to suit the market move.
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April 16, 2020, 10:43:12 PM
 #3

Fibonacci was one of the indicators that I was using in trade but later I saw that it was giving some kind of biased direction because you can adjust it or draw it to suit the market move.

This is the real reason why I don't make trades based on what one indicator, time frame, or strategy is telling me. Often times, I combine Fibonacci retracement tool with moving averages. Other times I use ot along with RSI. Indicators gives me the general idea of where the market is currently heading. I use Fibo when I want to set up buy/sell orders.
<Snipped ~>
I apologise it is long but a lot of good value here on how you can use it.

https://www.youtube.com/watch?v=QIVEXr42Hho

Still cool. Muchas gracias.

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