I want to share more information about how to use Fibonacci levels in forex trading. Fibonacci retracements and extensions are my top choice for predicting price action. In this video from Andrei Knight from fxKnight.com, Andrei goes over an easy method for applying fibonacci levels to your trading strategy using the Fibonacci ABCD method. This is the exact same strategy I use in my own Fibonacci Made Easy lesson, and I hope it sheds more insight on how to use this great indicator.
|
||||
|
I go over not only daily pivots, but also how to use them together with support/resistance and fib. lines to find trade setups. Here’s how
Apologies in advance for the audio quality. Apparently my voice was too loud for the mic this time, but if you can get past the audio, I think it’s a decent analysis of the week’s events and set ups.
You got to love weeks like this one! Here’s a brief explanation of how I traded the EUR/USD so far this week.
Here’s a few examples of how I used trendlines and moving averages to enter and exit some recent trades.
Here’s a look at this weeks recent activity and the trades I’ve taken and how you too can trade the EUR/USD using my system.
Here’s a quick visual summary of what’s happening in the U.S. and the Euro zone and my own predictions for the coming week.
|
||||
|
Copyright © 2012 FOREX-NATION - All Rights Reserved 
|
||||
Most Popular Posts