Fibonacci Forex Trading

20 comments

1 leveragefx { 12.01.09 at 4:58 am }

We MODERATE user comments as 95% of them are scam site URL’s. If you write a legitimate question we will show it and answer it.

2 leveragefx { 12.04.09 at 3:42 am }

Absolutely. We teach in our classes clusters of Support/Resistance including Fib clusters you’re referring to ( Fib Retracements and Targets) + Previous Days/Weeks/Months highs & lows, & Weekly / Monthly Pivots. A cluster for those who don’t know is when MULTIPLE areas of support/resistance are within a tight 10 to 30 pip area or zone. Markets typically reverse at these.

In fact we do this multi time frame analysis each day for all of our mentor students and the ZONES show up on the charts.

3 luckyload3r { 12.04.09 at 4:18 pm }

you ever use fibonacci clusters? much better

4 cherylish1 { 12.07.09 at 5:33 pm }

impressive….I want to learn more. This is a great video- well done easy to understand & you keep it simple- thank you!!

5 JudiBeaver { 12.09.09 at 6:43 am }

Your video is really informative and your explanation of Fibonaccis is excellent.

6 leveragefx { 12.11.09 at 5:41 pm }

That’s easy. We use our trend identification tools FX Multimap which shows statistical strength/weakness and also FX Power Index which shows % of currencies that support buying/selling.

IF on the pullback to the fib level there is not much weakness on these tools and the previous move up had HUGE strength then we look at the 38 to 50% fib level to buy and the EXACT entry is when trendline over the highs gets broken! Reverse for shorts. Call us and I’ll give you a week of our classes free.

7 yusofhardy { 12.13.09 at 8:51 pm }

How do you differentiate between retracement and reversal?

8 masmir016 { 12.17.09 at 8:31 am }

Great , very clear and simple explaination
on Fibonacci Retreacements, easy to understand

9 sbusz { 12.18.09 at 7:14 pm }

nice tutorial. liked how you kept it simple so even a noob like me can understand

10 smklakken { 12.19.09 at 6:51 pm }

Excellent explanation of Fibonacci

11 CurrencyCafe { 12.21.09 at 9:58 am }

I run a hedge fund and Fibonacci trading is the backbone of my trading. This is an excellent video.

12 wwwForexsigcom { 12.22.09 at 9:47 am }

The Fibonacci strategy can be very profitable if you know how to correctly implement it.

13 leveragefx { 12.24.09 at 4:32 am }

Our TopGun Software NOW HAS AUTOMATIC Fibonacci thanks to our new Visual Basic Programming language and one of our happy customers Reza who spent hundreds of hours programming AUTO Fibs! Thanks Reza, now ANYBODY can properly use Fibonacci

14 leveragefx { 12.27.09 at 10:27 am }

Yes, this is exactly what we teach our traders. There are indeed Fib patterns off of different time frame trends and when they line up they are called FIB CLUSTERS. Buying Fib cluster support or selling Fib cluster resistance are some of the highest probability trades.

We also teach which Fib level to buy/sell based on our FX Multimap trend strength and where the currency is on longer term charts.
Our new FX Power Index trend tool also improves accuracy.

15 midwesttransplant { 12.30.09 at 12:49 am }

With have competing Fib patterns (for ex. one that forms over a couple of days vs. one that forms over a couple hours), how do you know which to trade. I was just stopped out on a trade from a strong short term down trend on a bounce to the 61.8 level (I shorted) but realized that the low was actually the 50% retracement on a big 2 day move and the market kept moving up.

Is that the kind of thing that you think accounts for many busted Fib trades(or news of course).

Thanks!

Thanks

16 flipearl13 { 12.30.09 at 12:48 pm }

amazing video! the key to fibonacci trading is identifying which highs and lows to trace. watched this video over and over for a week and i’ve been making an average of 30pts each time i get in. try using the macd together with this and you may see a signal for a great retracement.

17 StrikeData { 12.30.09 at 6:54 pm }

Great video! simple and easy even for a newbie like me to understand. Excellent work!

18 takadapapa { 12.31.09 at 4:51 pm }

great video. Thank you.
5 stars!

19 forexbrotherhood2008 { 01.03.10 at 2:39 am }

hello thanks nice info

20 forextrainer { 01.03.10 at 2:22 pm }

very nice video

Leave a Comment

Name

E-mail

Website

Spam Protection by WP-SpamFree