Monday, July 24, 2017

How To Use The Fibonacci Indicator Effectively

March 9, 2017 by  
Filed under Fx Indicator


The purpose of this tutorial is to help you better understand how to plot the best fibonacci level on your chart as I have received quite a lot of emails from readers asking me about this topic.

In this video tutorial, I will show you how to identify the right swing high and low which are not taught anywhere else.

So some of you may be asking why should you learn Fibonacci Indicators? The reasons are as below

1) It is one of the best support and resistance level especially if you are able to identify the “power fib level”

2) This indicator is widely used by institutional traders which trades big amount. Therefore the fibonacci indicator level of support and resistance are widely respected by the market

3) Unlike most of the forex indicators in the market which are lagging indicator, the fibonacci is actually a leading indicator which is able to help us predict the price movement.

4) If you know the right technique, the fibonacci indicator is the best tool to identify a reversal for a trader which allows us to ride the next trend earlier.

So let us begin the training by watching this video tutorial that I have specially prepared for you guys

For those of you who are still struggling in your trading, you can take a look at my Fx Street Uni course which will teach you the exact strategies I am using to trade for myself and user of my trade copier service.

Click Here To Find Out About My Fx Course

 

Comments

4 Responses to “How To Use The Fibonacci Indicator Effectively”
  1. Ismail Hossain says:

    Thank you so much sir 🙂
    I was really expecting these types of video from you for a long time.

  2. Atuhaire Rogers says:

    Wow this was really nice.Thanks Kev…

  3. Timmy says:

    Hi Mentor

    I love your fibonacci techniques as well as all the things you taught in the course. They are amazing and these info are not available elsewhere which makes it very unique and powerful.

    I am in my 8th month of profits already with what you taught my in your course.

    Thks

  4. George says:

    Hi Kelvin

    Thanks for recording this video. I am a student of your fx street uni course and I have made profits with your fibonacci module as I am able to tell the reversal before hand.

    This techniques has helped me to exit my trade before the price reverse as well.

    You are a very good teacher and I am glad to have taken your course

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