Forex Trading Strategy with Fibonacci Retracement

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this videos can show you how you can make money trading forex using Fibonacci
ratios
there's two main types if they do not use retracements
infidelity profit targets fibonacci retracements
show you lower risk places to buy in the church and the uptrend
on a short term pork that I should profit targets
where the party usually will move to as the trend continues
and install or reverse let me show you an example here
the market is moving from the bottom up
in you want to draw your phipps on here
left click on the chart using leverage
FX dark homes 7i gtalk left click
and driving all the way to the top so the shows the thirty .2 percent to match
bulwark
the fifty percent and 61.8 I usually recommend a new traders the directional
move has to be 25 to 30 percent more
you want to buy the 50 or sixty one point 8 percent for Paul Burke
so let's look at this particular example more couples rate down
to the 61.8 percent level you would a bottle 250
in skilled in to 61.8 market continues its up to it
seek the market makes a move up pulls back
in the Phipps give you a little replaced by in the direction of the trend
in anticipation the trend to continue housing market goes up
you'll see our financial profit targets are then displayed
this is a 1.32 for the night you profit target most times the market stalls at
this level
strong trends will go the 1.618 level then reverse
your counter trend trader using the Fibonacci profit targets
using leverage FX's properly set for tonight you alls
as one los tres places so you could you could given to you sure rate your
1.31 95 in skillet again appeared
32 04 and you can see the market pulls back
I'm about 15 pips goes up interest test the hike in
forms a double top and pulls back about 20 percent of the hype
so this fibonacci system
let you get into the trend on poor black you by here
market goes up you you exit your longus in you consider going sure if your
character in Trader
this trade great year found about 40 pips up
in a character in trade found about 20 pips on the way back down
let's look at other example here the markets and strong uptrend
you know obviously is a failure because the market cap explodes down
you read it and lycra during news well enjoy yourselves on your room highest I
low slow and as we strongly the future we want to be sure to $15.62 purcell
in this case it didn't actually hit the sixty-two percent level
or sure eight-year 31 65
fell about 20 pips as we're anticipating
the down trend continuing which it does let's go get another example
here's an example where the market shoots down
comes back up to I fails to break out higher
comes back down again feels break out your test so high again
and then finally breaks down the middle or low so now we can assume the trend is
down
you only for
the first consolidation area to join your Philips so you draw from here
to hear in because
the markets not able to trace it to the first thirty percent level
I suggest not buying the first 1.32 for profit or you wanna by the secular
because this is a sign that the markets not even strong enough to retrace pick
up to
even the most minimal retracement levels so if your color trend trader
or your trading with the trend you wanna hold on in this is an excellent place
together the trade it we'll see what happens market just touches the theory
to the PIP
in retraces backup about 40 pips so for those viewers short
gives you the absolute perfect place to go to trade you would have cut
100 percent on the move and you can trade counter trend there
very safely is your Aspire 10 pips in this case the market went up
forty-fifth your way you know when your wrist 10 pips
in you make for TPS in your right fifty to sixty percent I'm you make it I'm
using the financial tools in Forks let's look at another example
to another example the market shoots up feels that the high incomes back down
into the lower low
we can house in the downtrend someplace you we want to scroll over
if your films on here from the high to the low notice
the market which races right up to 38 percent that level
installs this is a relatively risky read it
to get in the trades but it does work when the work is really weak
let's roll the reins you would have
make breaks down is going to lower level and you can see the market stalls
right at the first if not for profit target if you're short
right around here this is your first profit objective
in this case you made about 35 36 perhaps
and if your character in Trader you can leave for this level
to get into low short term country intrude
you would have bought your 3145
market went up about 20 PS
actually went up about 45 test
so it's a little risk place if you raise temp is down there again
in this example you made about 45 pips
walrus going to in the server not you profit targets
are about 60 to 70 percent accurate in my test
this concludes our Fibonacci analysis tool you like to see more free videos
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