Home Investment / Trading Trading Strategy Forex trading strategy #2: Simple Fibonacci [Video] – FXStreet

Forex trading strategy #2: Simple Fibonacci [Video] – FXStreet

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Forex trading strategy #2: Simple Fibonacci [Video] – FXStreet

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On this buying and selling technique video introduced by Nathan Bray from ACY Securities, introduces Technique Quantity Two: the Easy FIB. This technique is tailor-made for intraday merchants searching for to align their trades with the longer-term pattern utilizing Fibonacci retracement ranges. Nathan emphasises the simplicity of the method, highlighting how merchants can establish entry and exit factors with ease utilizing the Fibonacci software. Via a step-by-step demonstration on the hourly chart, Nathan illustrates how merchants can capitalize on pullbacks inside the pattern by concentrating on particular Fibonacci retracement ranges for each shopping for and promoting alternatives.

All through the video, Nathan emphasises danger administration and the significance of buying and selling consistent with the prevailing pattern. He breaks down the method of figuring out commerce setups, setting stop-loss ranges, and concentrating on revenue ranges utilizing Fibonacci extensions. Nathan’s clear explanations and sensible examples present viewers with a complete understanding of the way to implement the Easy FIB technique successfully of their buying and selling endeavours, making it accessible for merchants of various expertise ranges.

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