Fibonacci Trading| Applying Retracement and Extensions

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.

Finding Resistance with Fibonacci

Using Fibonacci and Moving Averages