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

  • Good video explaining Fibonacci in detail.

    For basic, clear, simple and step-by-step instructions view our videos.

  • If the foreign exchange is also affected by traders' actions, using collectively the fibonacci thing wouldn't affect the whole scheme? In this way someone could take advantage from this..maybe someone with enough capital to organize a HUGE Forex scam, so huge it seems true.

    Yes Fibonacci numbers appear everywhere in nature, but behavorial economics show that people respond to incentives and IF I have a bit more information than you I can distort it to shape your behavior in my favor.

  • Entre em nosso portal que vc aprende a ganhar U$ 1 Milhão, vc vai ser prospero.

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

  • Thanks for the video, but I prefer free EA

  • @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

  • 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.

  • 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...

  • You didnt say anything about exit points

  • How are you getting MT4 on a mac?

  • Thanks for the video, Sion.

  • Comment removed

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

    Best Regards

  • thanks great info seems to work

  • Thank you for the video, Sion.

  • Great video!

  • 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?

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

  • Thanks for all the videos, please keep them coming, I'm new to trading and i am learning so much from your videos... Oliver

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