FOREX Fibonacci Studies – How To Draw Your Fibonacci Retracements / Extensions







http://www.fxtrainingzone.com :: This video shows you how and where to draw your Fibonacci studies. I discuss how to use Fib retracements in your trading pla…

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25 Comments


  1. Daniel Geo (January 23rd, 2014 at 2:24 am)

    You know, when your chart has so many fibo lines, it is impossible that the
    trend will not use at least one of them so you can say “see, I was right,
    fibonacci predicted that”…. you could just draw random parallel lines and
    the result will be the same.
    I personally don’t believe in fibonacci. It proved me right a few times,
    but the percentage is to small to make it believable.

  2. s Azhar (January 23rd, 2014 at 3:00 am)

    dont you think this will make you confusing?

  3. hrobesak (January 23rd, 2014 at 3:02 am)

    Hey, you were drawing the Fibonacci from left to right, but the last one
    you drew from right to the left. I am confused. Can you explain, please?

  4. JM Lee (January 23rd, 2014 at 4:01 am)

    Hi, may I know how did you add so many fibonacci levels in your metatrader?
    As the default shows only a few levels. Hope to hear from you soon. thanks

  5. Paulwhiteshark (January 23rd, 2014 at 4:04 am)

    @FreeFOREXautoROBOTS this EA you are talking about, simply does not work,.I
    runn a mt4 backtest since last year with big losses. Becareful with these
    EA’s

  6. Gündemci Gençlik (January 23rd, 2014 at 4:22 am)

    meta trader 4

  7. fucktardspotter (January 23rd, 2014 at 4:29 am)

    Are you using an objective method to define your swing highs & lows (such
    as indicator over bought/sold zones), I would say that your final swing
    example on the monthly £$ is a little subjective.

  8. Francisco Tamashiro Castañeda (January 23rd, 2014 at 4:31 am)

    I find this video, not really good at all,. sorry I’m kinda a beginer but
    first of all, the drawing of so many fibs has not sense to me, the counting
    of the fib lvls to set prft targets its weird and just lucky ( I believe )
    I think, the best way to use fibs its just to keep it stupid ( simple ) add
    some retracements and extensions to the trends breakouts and you will find
    a goot place to start with the fibs wait for pullbacks with the congluence
    of FIb lvls and trade in the trend direction.

  9. Sion Smith (January 23rd, 2014 at 4:35 am)

    You should choose the last swing yes, that is correct – if you referring to
    the video above the swing down was a retracement to the next upward
    movement which is what i was using it for in that example, if that makes
    sense?

  10. jeberly898 (January 23rd, 2014 at 5:09 am)

    Great video!

  11. Amila Amarasinghe (January 23rd, 2014 at 5:56 am)

    Excellent strategy, its very similar to Monthly Bill Nutshell. Look it up
    on Google, I earn a monthly income with the system right now and make money
    online… I never have to think about expenses anymore lol.

  12. BinaryOptionTrader1 (January 23rd, 2014 at 6:23 am)

    If you have strong interest with Binary Options, and you would like an
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  13. w3bqueen (January 23rd, 2014 at 6:50 am)

    I quite enjoyed watching this video. It was very educational and would
    recommend it to others. Thanks, Sion.

  14. tordoveias (January 23rd, 2014 at 7:22 am)

    Im sorry. But i lost myself in this film… Is anyone available to explain
    me again? Best Regards

  15. Rick Calvin (January 23rd, 2014 at 8:10 am)

    You guys should check out this EXTRAORDINARY website called FIREPA.COM .
    You can make money online and start working from home today as I am! I am
    making over $3,000+ per month at FIREPA.COM ! Visit Firepa.com and check it
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  16. mike vermeer (January 23rd, 2014 at 8:12 am)

    not working

  17. newyorkdaver (January 23rd, 2014 at 9:06 am)

    Thanks always used them seems like we are on the same page. By the way my
    cats name is Fibonacci.

  18. ANh Hoang (January 23rd, 2014 at 9:28 am)

    Thanks for the video, Sion.

  19. oadramos (January 23rd, 2014 at 9:43 am)

    On the daily, you choose the last swing as the up swing, wasn’t the the
    last swing down??? Oliver

  20. Krazzie8s (January 23rd, 2014 at 10:23 am)

    What platform is that?

  21. Joe Giuseppe Masseria (January 23rd, 2014 at 10:43 am)

    Boring !!

  22. 1SouthernDeathCult1 (January 23rd, 2014 at 11:02 am)

    You didnt say anything about exit points

  23. Jack Herman (January 23rd, 2014 at 12:00 pm)

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  24. rogeredwards13 (January 23rd, 2014 at 12:58 pm)

    When you are finding the price action and moving “3 on from that”…what
    “3” lines or levels are you talking about? And where in this video would be
    your entry point?Thanks for the video…

  25. Eugene Chu (January 23rd, 2014 at 1:33 pm)

    I think you have drawn the First Fibonacci line backwards….


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