Start Using The Fibonacci Tool Like A Pro

No video

Start Using The Fibonacci Tool Like A Pro

Рет қаралды 51,654

Tradeciety.com

Күн бұрын

Пікірлер: 48

@Tradeciety 3 ай бұрын

Do you like my free KZfaq videos? Then you will love the Tradecademy! My course summarizes 16+ years of trading experience in a few hours. And you receive support from your mentor (me!) 7 days a week in our private chatroom: ► tradeciety.com/academy/

@felipe1876 6 жыл бұрын

André Machado talks about your website and yt channel time to time on his webnars. He was one of my teachers in a AT course I made few years ago. Very nice explanation here, I really liked it.

@Tradeciety 6 жыл бұрын

Thank you, Felpie. I know Andre and I am glad that he keeps talking about what our work :) Rolf

@ramalingegowda4072 4 жыл бұрын

ಚನ್ನಾಗಿಯೇ ಮೂಡಿಬಂದಿದೆ ವಂದನೆಗಳು ನಿಮ್ಮೆಲ್ಲರ ಸಹಕಾರ ಅತಿ ಮುಖ್ಯ ಬ್ರಧರ್

@satyajitmukherji8663 2 жыл бұрын

Fibonacci doesnt work in market sometimes is the biggest understatement!

@LinkWave290 6 жыл бұрын

The best way to use Fibonacci numbers in trading is by using harmonic patterns.

@cuttingedgecool7235 6 жыл бұрын

Spot on, simple and profound trading advice.

@loudoniii 4 жыл бұрын

Super intro to Fibonacci trading, Rolf - thank you very much.

@Jackie71648 7 жыл бұрын

is exactly how i am using it .good work there :)

@surjyagogoi 7 жыл бұрын

In my opinion, whenever price reaches a certain fibonnaci level, the price action needs to be checked in that area, which may tell whether price will move pass that fibonnaci level or bounce away from that level.

@Tradeciety 7 жыл бұрын

Yes. A fibonacci level alone is not enough but it's a good confluence. Rolf

@sunnydays9026 7 жыл бұрын

good video. 1.618 is great for reversals. I am going to share this video.

@mihaicostescu 7 жыл бұрын

Nice vid...but i think the most important part is to know when to ENTER or to EXIT from a trade using the Fibbonaci... Keep on going, good job... :)

@Vasukrishna787 2 жыл бұрын

Great video with content.

@loudoniii 4 жыл бұрын

Nicely explained, Rolf!

@DIY_Z 6 жыл бұрын

Can you explain the difference/ when you would use the Fibonacci retracement vs extension tool?

@xanderbrock6229 3 жыл бұрын

i know im asking randomly but does any of you know a method to get back into an Instagram account?? I was dumb lost my account password. I would appreciate any help you can give me!

@juelzzander7687 3 жыл бұрын

@Xander Brock Instablaster :)

@xanderbrock6229 3 жыл бұрын

@Juelz Zander i really appreciate your reply. I got to the site thru google and im in the hacking process atm. I see it takes quite some time so I will get back to you later with my results.

@xanderbrock6229 3 жыл бұрын

@Juelz Zander It worked and I finally got access to my account again. I'm so happy! Thanks so much you saved my ass!

@juelzzander7687 3 жыл бұрын

@Xander Brock Happy to help :)

@jackrippers8526 7 жыл бұрын

Question: Is using Fib on one timeframe as oppose to another of any importance ? (e.g intraday vs daily vs weekly )

@Tradeciety 7 жыл бұрын

Hello Jack, the higher timeframes do carry more weight. Rolf

@johnwillis5279 6 жыл бұрын

Nice video. I noticed you never went back to RSI though. How does it correlate with Fib?

@pinchesmbuche4354 4 жыл бұрын

Good question.

@AscensionNow1 7 жыл бұрын

Maybe i missed it... but is there a vignette on "confluence"? thanks for your work!

@Tradeciety 7 жыл бұрын

Hi, confluence just means that you combine different signals to form a more robust trade idea. Rolf

@Tbessix220 7 жыл бұрын

I'm not used to it that way... you're using FIbs extensions instead of retracement

@Tradeciety 7 жыл бұрын

Correct. I personally believe that the extension tool is more valuable.

@PhongNguyen-tp7lg 7 жыл бұрын

Thanks Pro, Very useful! : ) . How about trend-based FiB Extension tool? I don't know how to use it in practice! Help me plz

@Tradeciety 7 жыл бұрын

Take a look here :) kzfaq.info/get/bejne/mN2HZ7l1scuZk4E.html

@solomonmba8453 4 жыл бұрын

Thanks for this nice video. Pls what exactly is the difference between Fibonacci extension & retracement. I believe it's the same tool, am I write to read those number under 100 fib level as retracement and ones above 100 fib level as extension ?

@Tradeciety 4 жыл бұрын

It is the same tool, just different levels.

@dzheirhald 6 жыл бұрын

hi rolf, do you count wicks in plotting end to end fibs?

@sajjadhossain3946 7 жыл бұрын

Nice strategy, can i use this scalping, if it fit for scalping so which time frame & which currency are best for it.

@Tradeciety 7 жыл бұрын

Thanks. You can try it but Fibonaccis are not a standalone trading strategy. They are just a good confluence tool.

@ridowanniloy8999 5 жыл бұрын

Fibs drawing is wrong way lol

@marksherwood726 7 жыл бұрын

looks to me like your drawing your fibo the wrong way round...........

@Tradeciety 7 жыл бұрын

If you want to use the Fibonacci extensions, that;s the only way you can use the Fibonacci tool. Also, Fibonaccis are % based so regardless of how you draw them, the results will always be the same ;)

@gursimersingh923 7 жыл бұрын

It is the another way to draw Fib, usually we draw fib mainly for retracements but we can draw it in this way also for extensions and reracements too. As Rolf said Fib is % based so if we draw it as same as shown in this video then 76.4% is equivalent to 23.6%, 61.8% is 38.2%, 50% is same in both ways, 38.2% is 61.8% and 23.6% is 76.4%.

@Tradeciety 7 жыл бұрын

Thanks for the clarification, Gursimer. Couldn't have said it better ;)

@gursimersingh923 7 жыл бұрын

Welcome Rolf :)

@coolobuttface 7 жыл бұрын

Actually the levels are correct, but it is more useful to use the inverse of the displayed numbers because for example retracing back to the level 61.8 would be 38.2, therefore I would just flip the order of the retracement levels to make more sense because the amount of retracement is what I'm used to. but like you said it doesn't matter. It just depends on what you were taught . I understand, therefore either way is correct