This also works from high to low premarket levels. If you draw it using a premarket high and post market (usually within 10-30 min low) you will have strong levels too for the rest of the day.
Watched multiple videos on Fibo but this is the BEST. Was looking for price action stuff and landed to your channel. It's worth a super like..... Also subscribed to your channel. Will look forward for learning. In market for last 10+ years, but started my learning journey couple of months ago. Moving away from indicators and intraday to swing/positional with Price Action and Fibo🤞
Watching this video multiple times allows you to see the little things, this is amazing. So much detail, one of the best trading channels out there. Deserves so much more than instagram gurus
I tried using the Fibonacci on BTC on a weekly timeframe and was amazed that the price follows its retracement levels. The price does bounce on 0.75, 0.50, and 0.618 levels.
One of the best content I’ve seen. stock is the best, though I don’t self trade but I still make my profit with the help of my broker till I'm sure I can start of self trading.
@@theresagarcia1218 My personal broker/investment manager is 'MARGARET ANN WARNKEN", she runs a stock investment platform where you don't have to undergo any stress in the trades, she manages my account and all I need to do is invest capital and she gets a tiny bit of my returns as her commission. Just look with her name online, she can help you get started.
I am fortunate I made productive decisions about my finances that changed my life forever. I’m a single mother living in Hk China, bought my second house in April and hoping to retire next year at 50 if things keep going smoothly for me.
Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert. Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
Holy shiiii, this is very well made. The smooth transition. The clear cut animation paired with Easy to understand, yet concise straight to the point explanation. Well done :)
This is a really nice video. At first i used to hate the fibonacci retracement tool because it was so complicated and hard to trade with. But after watching the video i really am amazed. I am really happy i subscribed
Wow!! This was one Amazing detailed video on Fibonacci. Thanks a lot for this bro!! I'm new in crypto trading. Can you make a nice and detailed video on what is long and what is short trade? It will be really helpful for me to advance. Thanks alot! ❤️
This is actually amazing, that with a math rule, that we see on natural and all over the world that surrounds us we can see this con the chart and candlesticks and make a profit with it
5:30....you should have moved the FIb range as price went higher. You basically chose an arbitrary moment in time to place your Fib high and kept it there, even though price went higher. You're supposed to keep moving your Fib high until a respectable pullback occurs that signals that uptrend is over. So you should have kept moving it until 5:41. That was the high.
I concur. Found valuable info in this video mixed with unconsistency. Also. What proof that price hit the exact bottom of the covid crash? When creating the new fib , those bottom numbers were not used at all.
Can you explain to me how at 5:15 you identified that one red candle stick with the big wick as the swing high and not the 2 red candle sticks in-between? Cause its one of those things where it feels like its hindsight looking at chart history but if trading in real time that would have been your first placement of the Fibonacci retracement as that would have looked like the swing high. Where it then would have broke the 0 line instantly but not continued and only then after the next red candle stick where this example takes place. So whats the reason for ignoring those 2 red sticks?
The reason why i only trade with fibonacci golden ratio is because thec oincidences ive seen that the golden ratio is everywhere..eventhough i dont consistently profit with this strategy but my withdrawal are more than my lose
That's the key. You need to be correct about the overall bias for the day. If it is overall bearish, premarket should've had a high and market open should've formed a low. I would form the fib levels within the first hour of market open and trade off that. It also only works if the market is choppy and not slowly moving in a single direction for the day.
Your mouse has to have a starting point and an ending point when placing your fib tool on the chart. Witch is 0 to 100%. Start 0, end 100. But in the settings, you can change this default & create your own start & finish parameters even past the zero into the negatives. Also, you can reverse the whole fib in the settings if you're using tradingview platform. Like he is in this video. I'm not sure about other platforms.
Scrolling back up to smash the like button may not change the world, but for the like button, the world will change.
What is the timeframe on this?
@@jenb2352 15 minute!
Dude yo amazing 🤣🤣🤣
Well done! Clear, informative, and no fluff
@@TradingLabOfficial Do you only use 15 minute charts? How about 5
This also works from high to low premarket levels. If you draw it using a premarket high and post market (usually within 10-30 min low) you will have strong levels too for the rest of the day.
Can u send me any screenshot brother
Wow that is freaking genius!!!
Watched multiple videos on Fibo but this is the BEST. Was looking for price action stuff and landed to your channel.
It's worth a super like..... Also subscribed to your channel. Will look forward for learning.
In market for last 10+ years, but started my learning journey couple of months ago.
Moving away from indicators and intraday to swing/positional with Price Action and Fibo🤞
Glad it was helpful!
Thanks so much man, you are teaching all this stuff for free when others UA-camrs just want to sell their courses.
Watching this video multiple times allows you to see the little things, this is amazing. So much detail, one of the best trading channels out there. Deserves so much more than instagram gurus
I tried using the Fibonacci on BTC on a weekly timeframe and was amazed that the price follows its retracement levels. The price does bounce on 0.75, 0.50, and 0.618 levels.
One of the best content I’ve seen. stock is the best, though I don’t self trade but I still make my profit with the help of my broker till I'm sure I can start of self trading.
I'm looking forward to investing in the stock market. I am still trying to figure out how the entire thing works.
@@theresagarcia1218 Obviously trading in stock is very volatile and risky, that's the reason most investors trade with a professional broker.
@@theresagarcia1218 My personal broker/investment manager is 'MARGARET ANN WARNKEN", she runs a stock investment platform where you don't have to undergo any stress in the trades, she manages my account and all I need to do is invest capital and she gets a tiny bit of my returns as her commission. Just look with her name online, she can help you get started.
@@mayacho4910 Thank you for this, i will be sure to look her up, hopefully she can help.
@@theresagarcia1218 Welcome.
8:12 Since its a new swing high, shouldnt u redraw the fib upwards to the real swing high?
It does end up being more accurate this way
I am fortunate I made productive decisions about my finances that changed my life forever. I’m a single mother living in Hk China, bought my second house in April and hoping to retire next year at 50 if things keep going smoothly for me.
A better way is to get proper guide!!!! The most important thing is the technicality and Mrs Rachael Campbell keeps providing
Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert.
Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
I will love to be your friend as well as sharing some info which you're benefiting.
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.
I'm surprised that you just mentioned Rachael Campbell here. I met her at a conference in 2018 and we have been working together ever since.
Holy shiiii, this is very well made. The smooth transition. The clear cut animation paired with Easy to understand, yet concise straight to the point explanation. Well done :)
Always makes my day reading comments like these. Thank you!
What is the best time frame for this strategy?
Can I get a list of what boxes to have checked?
Im using 38.2% as well. Its a lot of reaction on this level too
This is a really nice video. At first i used to hate the fibonacci retracement tool because it was so complicated and hard to trade with. But after watching the video i really am amazed. I am really happy i subscribed
May I ask on which Interval you're tracking the candles?
Wow!! This was one Amazing detailed video on Fibonacci. Thanks a lot for this bro!! I'm new in crypto trading. Can you make a nice and detailed video on what is long and what is short trade? It will be really helpful for me to advance. Thanks alot! ❤️
My new favorite learning channel for trading.
Glad to hear! Hope my videos are giving you value!
Just made a little over 800 dollars because of this video right here. God bless you man!
On God this works?
i been trying to learn fibonacci for a long time and this has finally made me understand it 😁 thank you
Great video and explanation. Really appricited. i will make your setting and practice..
Amazing videos!!
quick question - what timeframe does it best using the fibonacci tool?
the strategy is very useful for the beginner stage like me who is just learning in the nfc community.
This is actually amazing, that with a math rule, that we see on natural and all over the world that surrounds us we can see this con the chart and candlesticks and make a profit with it
5:30....you should have moved the FIb range as price went higher. You basically chose an arbitrary moment in time to place your Fib high and kept it there, even though price went higher. You're supposed to keep moving your Fib high until a respectable pullback occurs that signals that uptrend is over. So you should have kept moving it until 5:41. That was the high.
I concur. Found valuable info in this video mixed with unconsistency. Also. What proof that price hit the exact bottom of the covid crash? When creating the new fib , those bottom numbers were not used at all.
Thank you! So much helpful information here! I think i will have to watch it a few times to get everything! Liked and subscribed!
If I understand Fibonacci from this video + 1 subscriber
😮💨 + 1 subscriber
What time frame do you use, like hours, .minutes, daily?
Many guys love to use this method, but I prefer more safely! But sometimes stuff like this can work too
what a comprehensive video, great job man
what timeframe is best for using fib?
Day chart if you swing trading
On what Timeframe Should i use the Fibonacci
Can you have add a setting for like an extension of fibonacci tools like to guess the next target if they go over the 0% ??
How do u sell a % of your profit I’m with Ic markets and they only have a close trade option which closes the whole trade
can u make a video on take profits and stop loss strategies? Ur content is awesome!
Very helpful thanks for this video
bro plz mention time frame you are using awesome great thanks a lot
whats the timeframe ?
Thanks for the really interesting video? Could I ask what time frame was you on for this video ?
Love your content man keep up the good work❤️💪
Can you explain to me how at 5:15 you identified that one red candle stick with the big wick as the swing high and not the 2 red candle sticks in-between? Cause its one of those things where it feels like its hindsight looking at chart history but if trading in real time that would have been your first placement of the Fibonacci retracement as that would have looked like the swing high. Where it then would have broke the 0 line instantly but not continued and only then after the next red candle stick where this example takes place. So whats the reason for ignoring those 2 red sticks?
@@Zachinator2009 so it was more or less cherry picking points to show it?
I was thinking the same exact thing....lol
Lots of gems are in this video, mixed with unanswered questions. You'll get the answer in the market when it's too late.
On what charts does this work the best?
I'm trying to figure does the setting go for crypto charts as well
What time frame should I use
That was incredible. THANK YOU!!!!!
Does this only work for day trade or scalping and swing too?
can we use from swing high to dwing low?
how do you draw it from cryptowatch for ada on the daily? can't find a way to tweak the values, and all the trends are giving me useless levels...
That was awesome, you just got a new subscriber!
Thanks!
No problem! Glad it helped you out. Thanks for the super thanks!
The swing high moves higher, but why don't u move your zero line?
What time frame for intraday
Bro i m not able stay on single strategy please find some good strategy for Indian market.
Thank you so much for this.
Can you use Fibonacci for trading normal stocks too? Or is it just for forex trading?
I'd say you can use it for trading in general. I'm learning how to use it for crypto markets
What time frame do you use
Excellent. Thank you. 🌻
Looks like currency charts. Such candles don't form in stocks in intraday.
The reason why i only trade with fibonacci golden ratio is because thec oincidences ive seen that the golden ratio is everywhere..eventhough i dont consistently profit with this strategy but my withdrawal are more than my lose
very good video if you have basic understanding!
Can u pls help me,how do i pull my fibonacci from the bottom when using it because when i use mine. It pulls from the middle
as far as i know theres 2 ways of fibo
down to top when down trend and trying to predict the reversal level
up to down when uptrend
That's the key. You need to be correct about the overall bias for the day. If it is overall bearish, premarket should've had a high and market open should've formed a low. I would form the fib levels within the first hour of market open and trade off that. It also only works if the market is choppy and not slowly moving in a single direction for the day.
If we take 1 percent of knowledge this guy have then we will be millioner and honestly ill be way to happy having 1 mil dollars in my bank account.
I'm assuming this is on the daily time frame ?
And thanks ive learned a lot from you man!!!
what time frame you use?
I was using the 15m time frame, but this will work with basically any time frame.
More advance study video on FIB required sir🙏
Best video very very very well explained.
EXCELLENT!!! thank you so much!!
What time frames are we talking ?
What is the time frame
Depends bro it work Any time frame as long you Put it correctly
thank you very informative
Thanks brother
Vey interesting video. Thank you for sharing.
Glad you enjoyed it! Thanks for watching!
Great explanation !
Thank you!
How do you sell half you shares?
can't wait to backtest this😌
Why is the 0 always at the top?
Your mouse has to have a starting point and an ending point when placing your fib tool on the chart. Witch is 0 to 100%. Start 0, end 100. But in the settings, you can change this default & create your own start & finish parameters even past the zero into the negatives. Also, you can reverse the whole fib in the settings if you're using tradingview platform. Like he is in this video. I'm not sure about other platforms.
Finally!
Amazing !
Glad you think so! Hope this video helped!
@@TradingLabOfficial I will be in vacations in 2 days, I will watch every single videos of your channel! Continue the great work!
@@romancianci7133 I like the grind mentality 💪Have a great vacation!
Nice and to the point. Hit the Like !
Appreciate it! Thanks for stopping by!
NGL bro thanks for this
Nice video...❤❤
Does this work with forex too?
macd>>>>>
GCT is the play. Be smart. It's the latest Hong Kong backed ticker. THEY ALWAYS GO BACK UP.
From rediit
*Reddit
My honest reaction to 1:57💀
Awesome video man, thanks
No problem!
What TF are these on?
Garcia Anthony Jones Betty Brown Kimberly
Wilson Susan Taylor Shirley Thompson Karen
I understood nothing.
💃🏻💰💃🏻