I TESTED a Simple Fibonacci Trading Strategy - Full Tutorial with Examples (High Win-Rate)


I TESTED a Simple Fibonacci Trading Strategy - Full Tutorial with Examples (High Win-Rate) In today’s video, we go through a simple Fibonacci Trading Strategy, which is among the most popular trading strategies among Forex, Stock, and commodities traders.

Many subscribers have asked us to review a Fibonacci retracement strategy and test it 100 times, we will look through the strategy today with examples from the chart and practical examples so you can learn how to draw the Fibonacci retracement levels and use them in your trading setup.

In today's video, we'll learn how to use the Fibonacci retracement strategy as well as going over a simple Fibonacci retracement trading strategy with a high win rate. Make sure to watch the video all the way to the end to learn how to use the Fibonacci trading strategy to trade Forex and other financial markets. We will have some practice examples at the end of the video, and apply what we learn on real price charts. With that being said, let’s get into it.

What Is a Fibonacci Analysis? Twelfth-century monk and mathematician Leonardo de Pisa also branded as Fibonacci, uncovered a logical sequence of numbers that appears throughout nature and in great works of art. These Fibonacci numbers fit perfectly into our modern financial markets because they describe with great accuracy complex relationships between individual waves within trends, as well as how far markets will pull back when they return to levels previously traded. To master the Fibonacci retracement strategy

You should learn how to spot areas to apply the retracement level. Fibonacci retracement levels are some horizontal lines that indicate where a possible retracement of a price may occur. The Fibonacci retracement levels define some key areas of support and resistance to the traders. The Fibonacci retracement levels are associated with a single percentage point.

Let us know in the comment section if you have any questions about this Fibonacci trading strategy.

These percentage points signify in general how much of a previous price impulse the price has currently retraced to. These Fibonacci numbers include 23.6, 38.2, 50, 61.8, and 78.6%. The Fibonacci indicator that is provided on most of the trading platforms can be handy as it indicates potential retracement levels of stock, Forex pair, or a cryptocurrency. The Fibonacci indicator can be drawn in different ways, usually by connecting two key price points where a significant impulse has occurred. For example, it can be drawn by dragging the indicator from a recent price high on a chart to a current price low. In this way, you will be able to locate the potential retracements of that significant price impulse.

#Fibonacci_Trading_Strategy #Forex



Video tags:
Fibonacci Trading Strategy
Fibonacci Trading Strategy tested
fibonacci retracements strategy
fibonacci retracement strategy
fibonacci retracement strategy mt4
fibonacci retracement strategy intraday
fibonacci retracement strategy forex
fibonacci retracement strategy tradingview
Forex Retracements
Forex strategy
Retracements in Forex
How To use Fibonacci
How to use Retracements
Profitable trading strategy
How to make money strategy
Beginner Forex strategy
Fibonacci secrets
mt4 strategy
Stocks strategy
Fibonacci stocks

свернуть