Tutorial: How to Draw FIBONACCI For Trading (Retracements, Expansions, Extensions)📈

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  • Опубліковано 17 тра 2024
  • In this video, I go in-depth on how to draw Fibonacci Retracements, Expansions, and Extensions.
    I also discuss the difference between all of them! I use the Fibonacci tools and discuss which Fibonacci levels are the most common for trading.
    📈 Live Sessions & Trading Guidance: fxstrading.com
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    📩Contact: matt@fxstrading.com
    DISCLAIMER: This video is not meant to serve as financial advice. Instead, it should be taken as entertainment and educational content. The information provided is simply based on my own personal knowledge or experience. I’m not a licensed financial advisor so be sure to speak with your own financial advisor. Also, trading and investing carries a large amount of risk with the real potential of losses. Be careful.⚠️

КОМЕНТАРІ • 528

  • @mimrahaman9854
    @mimrahaman9854 8 місяців тому +55

    After watching so many videos of Fibonacci finally found the right one that actually makes sense. Thank you so much for making it so easy to understand.

    • @SarahH9000
      @SarahH9000 5 місяців тому +3

      This one is so easy to understand yes

  • @Richiv77
    @Richiv77 Рік тому +26

    Just so refreshing to listen to someone who speaks calmly and not these overhyped and attention-seeking people who just rush through everything with some type of music playing in the background. I appreciate it, a person can learn from you.

  • @matt_fxs
    @matt_fxs  2 роки тому +33

    Hopefully you found this video helpful!😎

    • @TradingHeights
      @TradingHeights 2 роки тому +3

      Obviously bro..this is so much helpful...Im trying so hard in fib techniques to learn how exactly to use it..just bcz these levels are very much accurate..Love from India ❤❤❤❤
      And I also want to know for confirmation one more indicator should be there...so make vid on it...And also make detail vid on ichimoku cloud as it work highly accurate as well

    • @matt_fxs
      @matt_fxs  2 роки тому +6

      @@TradingHeights I personally don't use the cloud but if you use it, combined with Fib, and it personally works for you then great! Otherwise, I wouldn't stack multiple indicators.
      I'd use 1 or 2 but rely on price action most of the time for technicals.

    • @abissabi777
      @abissabi777 Рік тому +2

      Matt ur good teacher ❤️ from India

  • @nwagbofrank9385
    @nwagbofrank9385 10 місяців тому +3

    Big THANKS for your explanation.
    This is one of the best Fx videos I have watched.
    Thank you.

  • @yamilvogeld.2385
    @yamilvogeld.2385 Рік тому +4

    Best fibo tutorial in youtube! thank you very much sir! good job

  • @italodelcol3241
    @italodelcol3241 Рік тому +5

    Great addition to Fibanocci tutorials to enhance ones learning

  • @roguewave1060
    @roguewave1060 11 місяців тому +1

    Many thanks for the calm and clear explanation! 👍🏻

  • @user-fg8vz3si4n
    @user-fg8vz3si4n 9 місяців тому

    this was the best tuturial of fib levels and using the tools. thanks a i can finally use the tools effectively

  • @elizabethtran374
    @elizabethtran374 2 місяці тому +35

    I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Katherine Flores.

    • @SamDiesel710
      @SamDiesel710 2 місяці тому

      Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

    • @annasimpson526
      @annasimpson526 2 місяці тому

      Flores' expertise in customizing investment portfolios based on changing market conditions and personal risk profiles is exceptional. It's not a one-size-fits-all approach, which is crucial in crypto investing.

    • @MarthaJames-ce9gm
      @MarthaJames-ce9gm 2 місяці тому

      The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.

    • @johnsononeil829
      @johnsononeil829 2 місяці тому

      You trade with Katherine Flores too? Wow that woman has been a blessing to me and my family.

    • @trantran7934
      @trantran7934 2 місяці тому

      I'm new at this, please how can I reach her?

  • @rolandobenavides3242
    @rolandobenavides3242 3 місяці тому +1

    Thank you for this!!! You made it clearer to understand! I appreciate you!

  • @jackyckb301
    @jackyckb301 Рік тому +1

    This is the best video on Fib! I have already bookmarked

  • @gaurneha
    @gaurneha 11 місяців тому

    Very helpful! Finally understand the purpose of Fibonacci in trading. Thank you!

  • @tejasmacwan1900
    @tejasmacwan1900 2 роки тому +25

    Sir you are doing a wonderful job and I'm glad to see someone who is really working towards teaching real stuff instead of shortcuts. Thank you so much for being here.

    • @timothyluka5562
      @timothyluka5562 2 роки тому

      TeXtMe DiReCTLy I have something profitable👆👆

  • @skybox-fs6dv
    @skybox-fs6dv 11 місяців тому

    Thanks for the simple illustration and explanation of Fibonacci Tool.

  • @abigail5531
    @abigail5531 6 місяців тому +1

    You have really opened my eyes. Thanks

  • @shahinareddy8550
    @shahinareddy8550 8 місяців тому

    THANK YOU FOR THE AMAZING FIB LESSONS ONE OF THE BEST

  • @mhmdrizky26
    @mhmdrizky26 8 місяців тому +1

    Thank you for the update, especially for me who is a beginner who is learning and joining the NFC community

  • @stephenalderman2124
    @stephenalderman2124 4 місяці тому +1

    Thanks Matt ! This is so easy to understand because you are natural teacher . At the moment I mainly trade double bottom pattens and always think that from the first low to the neck is a waisted opportunity. NOT NOW !!!!!!!!👍

  • @drvahlawat
    @drvahlawat 9 місяців тому +1

    great job, best video on Fib

  • @richie1654
    @richie1654 7 місяців тому +3

    Thank you for such a great explantion of some of the Fibonacci tools, one question I do have is do you use the wicks or the main body of the candles to establish the areas to pin point the start and finish, in some case the wicks can be quite longer than the bodies

  • @rexmotha1317
    @rexmotha1317 10 місяців тому

    BEST FIBO EXPLANATION OF ALL.
    THANKS LOT BRO.

  • @engrahmed7122
    @engrahmed7122 3 місяці тому +1

    what an excellent💯 teacher you are. I would sit to watch this video than sitting at an uni lecture. thank you & bless you.

  • @allforgodmalik6615
    @allforgodmalik6615 9 місяців тому +1

    Truly educative and rich explanation a big thank you sir
    this is a life changing knowledge

  • @alexnjuguna4662
    @alexnjuguna4662 4 місяці тому +1

    This is the simplest explanation for fibb I ever came across

  • @mentarisaputra5049
    @mentarisaputra5049 8 днів тому +52

    I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America..

    • @justinhudson6561
      @justinhudson6561 8 днів тому +1

      That's awesome

    • @justinhudson6561
      @justinhudson6561 8 днів тому

      Which source/platform did you use to earn such huge sum of money?

    • @justinhudson6561
      @justinhudson6561 8 днів тому

      As I know it's possible, I'd appreciate it if you showed me how to do it.

    • @mentarisaputra5049
      @mentarisaputra5049 8 днів тому

      It was with the help of Cassandra Roberts i am who i am today

    • @mentarisaputra5049
      @mentarisaputra5049 8 днів тому

      I know I'm blessed if not I wouldn't have met someone who is as spectacular as Mrs Cassandra Roberts

  • @jennym732
    @jennym732 Рік тому +9

    That was an AMAZING explanation. It’s finally clicking because of you! I’m going to to binge watch your channel. You’ve got a new subscriber. Thank you so much!

    • @matt_fxs
      @matt_fxs  11 годин тому

      Glad to help :)

  • @kunalrajput8855
    @kunalrajput8855 6 місяців тому +1

    I click this magical knowledge button... 😅

  • @Stay-Focuss.
    @Stay-Focuss. 9 днів тому +1

    I watching so many videos of Fibonacci finally found the right one

  • @cuchulainn3474
    @cuchulainn3474 Рік тому

    Great video Matt. Thanks. It's helped a lot.🙂

  • @helenoliver4838
    @helenoliver4838 Рік тому +293

    Hello, I'm new to stocks trade and l've been making huge losses but recently I see a lot of people earning from it. please can someone tell me what I'm doing wrong

    • @mariahhayes5089
      @mariahhayes5089 Рік тому +1

      I recommend my personal trader, PRISCILLA DIANE AIVAZIAN. Her strategies are working.

    • @danielkey1463
      @danielkey1463 Рік тому +1

      @@mariahhayes5089 I'm glad you recommended PRISCILLA, she is a genius.

    • @helenoliver4838
      @helenoliver4838 Рік тому +2

      @@mariahhayes5089Wow, i'm definitely going to look her up.

    • @chithiravelbsc6863
      @chithiravelbsc6863 Рік тому +2

      "Practice makes perfect " so practice in demo account then you will become professional trader, 👍👍👍

    • @trendingvlogs1396
      @trendingvlogs1396 Рік тому

      Hi Helen

  • @QuantumDivergence
    @QuantumDivergence Рік тому

    This is an excellent video. Mad respect

  • @wizerd1o12
    @wizerd1o12 2 місяці тому

    Thank you for this video it helped me out a lot and you don’t over complicate the information like most people so thx for that keep up the good work

  • @Klingenfluegel
    @Klingenfluegel Рік тому

    Great Informations perfectly explained. Thanks a lot!

  • @ai7070bd
    @ai7070bd Рік тому

    Great knowledge, it helps me. Thank you.

  • @Bishopstreetboy
    @Bishopstreetboy 5 місяців тому

    Very well explained the best explanation by far , much appreciated thank you.

  • @SGT7799
    @SGT7799 Рік тому +3

    well explained, you made it looked simple and interesting. Thanks Matt

  • @Pehlevi123
    @Pehlevi123 Рік тому +1

    Thank you very much for the great explanation. Everything was perfectly clear to understand, even though I’m not a native speaker.❤

  • @godsondaniel6403
    @godsondaniel6403 Рік тому

    Amazing Video, Thank you so much for this!

  • @rodjames5771
    @rodjames5771 4 місяці тому

    Along with all the other comments thank you so much for this video and making it easy to follow and understand 😀

  • @salei4285
    @salei4285 10 місяців тому

    Thanks your explained! So good!

  • @sp-ye7ht
    @sp-ye7ht 5 місяців тому

    Hi, nice video.. According to your own experience which of the 2, fib expansion or extension gives more accurate proce targets..& which is the one you prefer among the two?

  • @jonathanlee5185
    @jonathanlee5185 6 місяців тому

    Thanks. Yes, nicely and neatly explained👍

  • @alansteph
    @alansteph 7 місяців тому +2

    Thanks for this mate, the best explained video on the subject of Fibs.

    • @matt_fxs
      @matt_fxs  7 місяців тому

      No problem 👍

  • @wagnerdutra6568
    @wagnerdutra6568 Рік тому

    Best video I've seen...thanks a lot

  • @osayanmon
    @osayanmon 2 місяці тому

    You have a nice and clear voice.

  • @krububyogaholic7574
    @krububyogaholic7574 Місяць тому +1

    Thank you, really made sense to me now - and help me with multiple wins for the past few days now. Thank you so and so much.

  • @36Leann
    @36Leann Рік тому +6

    Thank you for making this amazing video. Very much appreciated. 👍

  • @maleselafreddy8821
    @maleselafreddy8821 2 місяці тому

    much appreciated, simplified

  • @celsokrisdeguzman9589
    @celsokrisdeguzman9589 Рік тому

    Great Video! Thank you so much!

  • @thebeatmaster3859
    @thebeatmaster3859 Рік тому

    You're a top teacher man 👍

  • @wafaaattach1284
    @wafaaattach1284 3 місяці тому

    Thank you sir, I learned so much from your lesson,

  • @rugannesh8669
    @rugannesh8669 11 місяців тому

    Thank you...I learned something 😊

  • @ElaiNavi-YouTube
    @ElaiNavi-YouTube 11 місяців тому

    Thanks bruh. This will helps me in advancing my Trading career. Respect❤

  • @u563rick6
    @u563rick6 Рік тому

    Awesome, awesome video! Thank you!

  • @alvinlai2791
    @alvinlai2791 Рік тому +2

    Great video, simple explaination (nothing complicated) yet easy to understand, tks

  • @noerieser3659
    @noerieser3659 Рік тому +1

    Great video! thanks a lot

  • @ram.FxTrading
    @ram.FxTrading Місяць тому +1

    Thanks bro for this

  • @greatone2717
    @greatone2717 2 роки тому +3

    Waw so smooth is is exactly wat I need . Thank you Matt 🦄🌊

    • @timothyluka5562
      @timothyluka5562 2 роки тому

      TeXtMe DiReCTLy I have something profitable👆👆

  • @johncorson6599
    @johncorson6599 2 місяці тому

    Thanks .. explained very well ..

  • @quietmoodmusic
    @quietmoodmusic Рік тому +1

    Great video thank you good sir

  • @tundeadediran6108
    @tundeadediran6108 5 місяців тому

    I enjoyed the video, thanks

  • @mohamedhabibfezzani1589
    @mohamedhabibfezzani1589 Рік тому +1

    Hi
    How are you ?
    I want to know if i get it right
    In your video the retracement we use just to know if we will get a price action
    And for expandion and extension we use to know where is our target is this correct what i m saying ?
    If i m wrong can you please explain
    Thank you 😊

  • @Maha-Raja-Maha-Rani
    @Maha-Raja-Maha-Rani 4 місяці тому

    Helpful for beginners ❤

  • @tradelikeaxelrod387
    @tradelikeaxelrod387 Рік тому +1

    What a beautiful video. Thanks a ton mate.

  • @AstiAlexandria
    @AstiAlexandria 15 годин тому

    One more thing… where did you get the green and red “indicator” that tells you the stop vs the profit taking zone? Thanks!

  • @White1nsane
    @White1nsane Рік тому

    What is the tool you used to draw this example?
    Thank you.

  • @carcer149
    @carcer149 6 місяців тому

    Great video.. Thank you..

  • @Max-ls5gj
    @Max-ls5gj Рік тому +8

    Great video. Was looking for a no BS straight forward tutorial on how to exactly draw FIB extensions to create potential TP levels for my strategy. You just got my sub!

  • @christiancalderon3821
    @christiancalderon3821 9 місяців тому

    I love your explanation and detail however, what daily chart you are using? 1hr, 4hr, daily? Weekly????

  • @moormaidrie
    @moormaidrie 9 місяців тому

    the strategy is very useful for the beginner stage like me who is just learning in the nfc community.

  • @henkwijncoop3302
    @henkwijncoop3302 4 місяці тому

    Thanks verry educational for me 👍

  • @TradeingAtsea
    @TradeingAtsea 10 днів тому +1

    Dude you're awesome. Very nicely explained
    Thank you!

  • @peter.i.mwangi9147
    @peter.i.mwangi9147 Рік тому +1

    Thanks so much Matt,you pour yourself fully to All,I pray that whoever listens to you,truly benefits immensely. God bless

  • @randomlyjumping5514
    @randomlyjumping5514 4 місяці тому

    Thank you ❤

  • @marcusjwilliams1974
    @marcusjwilliams1974 Рік тому +1

    Very good teaching

  • @amarjitsingh1275
    @amarjitsingh1275 6 місяців тому

    very well explained

  • @kdee5802
    @kdee5802 Рік тому +1

    Is that the hourly or daily chart or any chart golden ratio applies.. ? I’m still a novice

  • @adriiiargente5944
    @adriiiargente5944 Рік тому

    Thanks bro!

  • @sadiiqabdullahi4534
    @sadiiqabdullahi4534 Рік тому

    that was a superp and well explained, i lost alot on order block stra but now it seems like i can come back with a good back testing. let me try my best and i will the results insha allah

  • @stephengordet4022
    @stephengordet4022 11 місяців тому +6

    Matt, thanks for the video. Could I ask you what drawing tools you used to draw the fib lines and associated text? I'd like to use it to make study notes for myself.

  • @aliinalgeria
    @aliinalgeria 7 місяців тому

    شكرا على هذا الفيديو الممتاز

  • @giuliaghender4265
    @giuliaghender4265 2 роки тому +1

    So glad i found out about your youtube channel.

    • @matt_fxs
      @matt_fxs  2 роки тому

      I’m to help & that you enjoy my content💪🏼

  • @kalidzeinu9724
    @kalidzeinu9724 6 місяців тому

    Thank you 🙏

  • @nusratamjad4848
    @nusratamjad4848 3 місяці тому +1

    Excellent video

  • @AEQ00
    @AEQ00 10 місяців тому

    Very well explained

  • @thevaultohio
    @thevaultohio Рік тому

    What is the name of the tool you used to overlay the entry point (Green & Pink colored areas) Time stamp 4:12

  • @mssalgado62
    @mssalgado62 Рік тому

    Very cool and easy to understand. - Congrats !!

  • @drekson23
    @drekson23 10 місяців тому

    does fib retracement also work on monthly candle? how many yrs of monthly candle to apply this?

  • @yashetvlogs
    @yashetvlogs 2 роки тому +5

    Just learned how to use Fibonacci now🔥🔥🔥

    • @timothyluka5562
      @timothyluka5562 2 роки тому

      TeXtMe DiReCTLy I have something profitable👆👆

  • @BuhayTrader
    @BuhayTrader Рік тому

    yes please Sir .can you also do a video using harmonics .thank you so much

  • @josephpenzo8048
    @josephpenzo8048 11 місяців тому

    How do you place the Fibonacci scale ? Does trading view allow you to add that to your charts ?

  • @svnrm2004
    @svnrm2004 Рік тому +2

    Excellent inputs. F Expansion can be effectively used for stocks breaking all time high levels to predict profit booking levels

  • @sebastiancioek5970
    @sebastiancioek5970 2 роки тому +4

    Thanks, great lecture:-)

    • @timothyluka5562
      @timothyluka5562 2 роки тому

      TeXtMe DiReCTLy I have something profitable👆👆

  • @calmadventuresmeaningfulmu1534
    @calmadventuresmeaningfulmu1534 2 роки тому +1

    Excellent tutorial , thanks

    • @timothyluka5562
      @timothyluka5562 2 роки тому

      TeXtMe DiReCTLy I have something profitable👆👆

  • @felixmego9501
    @felixmego9501 2 роки тому +2

    Hello matt, its me again, on progess watching all of your video, have a question, wich one is better to use fibo expansion or extention for unkwon teritory ? Thanks before matt, much appriciate...

    • @matt_fxs
      @matt_fxs  2 роки тому +3

      That’s entirely subjective and depends on your own preference and what you’ve backtested. It’s mixed between which traders use what

  • @lokeshpunjwani3549
    @lokeshpunjwani3549 Рік тому

    awesome explanation

  • @TradAWiz
    @TradAWiz Рік тому +1

    Nice explanation. Learned a lot from here.

  • @abdikani_Curious
    @abdikani_Curious Рік тому

    You have paid everything we can understand this lesson. We owe you.

  • @arcindac
    @arcindac Рік тому +1

    love it, thank you!!

  • @omarthetrader
    @omarthetrader 3 місяці тому +1

    Fire strategy 🔥🔥