Posts Tagged ‘Fibonacci’

Chris in this video he looks at how to trade using a very fixed method and non-discretionary method, which means that it is very rule based, how the fibonacci tool is placed. First of all, Chris himself is a big fan of fibonacci. He loves trading using fibonacci and it is one of the best tools out there, and it gives great support and resistance levels. It can be […]

Chris in this video looks at fibonacci entries and triggers. First of all, Chris himself is a big fan of fibonacci. He loves trading using fibonacci and it is one of the best tools out there, and it gives great support and resistance levels. It can be used for directly for exits and entries. It can also be used for filtering out bad setups. So, you get a lot of good reasons […]

Chris in this video looks at fibonacci roles and filter. First of all, Chris himself is a big fan of fibonacci. He loves trading using fibonacci and it is one of the best tools out there, and it gives great support and resistance levels. It can be used for directly for exits and entries. It can also be used for filtering out bad setups. So, you get a lot of good reasons […]

Chris in this video looks at why and when fibonacci levels provide value for you as a forex trader. First of all, Chris himself is a big fan of fibonacci. He loves trading using fibonacci and it is one of the best tools out there, and it gives great support and resistance levels. It can be used for directly for exits and entries. It can also be used for filtering out bad setups. […]

Chris in this video takes you through fibonacci targets. First of all, Chris himself is a big fan of fibonacci. He loves trading using fibonacci and it is one of the best tools out there, and it gives great support and resistance levels. It can be used for directly for exits and entries. It can also be used for filtering out bad setups. So, you get a lot of good […]

Chris in this video takes you through fibonacci trading in the Forex market. First of all, Chris himself is a big fan of fibonacci. He loves trading using fibonacci and it is one of the best tools out there, and it gives great support and resistance levels. It can be used for directly for exits and entries. It can also be used for filtering out bad setups. So, you get […]

Chris from elite currency, in this video tutorial shows you how to place the Fibonacci tool in MetaTrader 4. So, it is a simple video to show you how to insert it on your chart. After you open your MT4 platform, look for the Fibonacci tool, then choose Fibonacci, Retracement and click on it. Now, choose a swing low, click your left mouse button, drag it, find your […]

Fibonacci numbers are a sequence of numbers made popular by the mathematician Leonardo Fibonacci in the middle ages. Each additional number is the sum of the previous two. So, the sequence runs like this. 1,1,2,3,5,8, and so on. This is known as the Fibonacci sequence. The ratio between these numbers is 1.61803, known as the golden number. The ratio is known as the Fibonacci ratio or golden ratio. In financial trading, Fibonacci ratios are used to identify […]

Because the application of technical indicators can vary among charting software packages, we usually don't cover how you apply a given indicator on your charts. Regarding Fibonacci retracements however, it's worth demonstrating the general mechanics of how you draw them. Because you will gain a better understanding of what Fibs are really measuring and how they are defined by whatever prior trend you select. You […]

One of the most famous and popular forex trading strategies is Fibonacci, named after the famous Italian mathematician. Considered as a medium and long-term trading strategy, we use it to follow repeating support and resistance levels. History shows that the market moves in waves and Fibonacci takes advantage of this fact. Fibonacci ratios can help us identify potential resistance and support levels on the financial charts. The most common ratios are 61.8%, […]