Biggest lesson i learnt in 2024 in trading is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
No one has all the answers. It's important to develop your own approach, take calculated risks, and stay committed to your plan. Learn from mistakes and keep growing.
Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.
I won't pretend to know everything, though. Her name is Annette Marie Holt but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
Wow. I’ve been researching fib retracement the past few days. Ended up more confused. This is the clearest and simplest and most compact understanding of fib retracement ever
You're doing a fantastic job! I need some advice: I'm using a SafePal wallet with USDT and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?
you use it as your entry. I consider 61.8-78.6 as the golden zone. provides a lot of opportunity on higher and lower time frames depending on how price reacts to those levels. Also, it provides good risk to reward ratio on an impulse range
That's why I love foreigners more than Indians because most of the Indian traders don't explain clearly so that no one could understand it in a 100% way but these people they dont care they just gave their 100% and explain very clearly. Thank you so much.
Any time frame. I scalp with fibs, day trade, and swing trade. Practice using the tool on all time frames starting from weekly, daily, 4HR, 1HR, 30m, 15m, 5m (3m if you really want to). Backtest and write down the data of setups that you find. While finding those setups in backtesting, see how price reacts to those fib levels (esp 61.8-78.6) so you can recognize these setups in real time.
slightly different from what my teacher taught.. the way he taught is that if it is DB then pull the fibo ret from the longest shadow to the cs that exceeds the DB cs. and if it is IB, pull the fibo ret from the highest/lowest point to the lowest/highest point and wait for cs to return to the golden ratio when that happen go lower timeframe and wait for confirmation
@@abdulmuizal-battar3127 There are so many strategies. Just practice it and implement it in paper trade before a real world and know you won more than loss
Any time frame where ever you can find a swing point that looks good if your having trouble with swing points there are many videos on it. Hopefully this helps you. Good luck. Wish the best for you all. Success Health snd Wealth.
There's more to it then that. It needs to be the momentum high or low, not just the high or low. You can use AO indicator to find this. It also needs to be at the end of the trend. Or when the market changed character . It's not as simply as just picking highs and lows
Thanks Matt, I really love your character because you're really honest to share your knowledge and for your overall technical analysis, I can say that it's 70-80% accurate🔥🔥💯
Why u r drawing trend line with such a higher angle, in general trend line should be better 30-50 degree, such a trend line means excessive bullishness, u may sometime confuse with retest.....from my 3 yr of experience
Something doesn't seem right about this Fib retracement tool. Did you mess with the default settings or what? Where's the Fib extention levels? Why did you draw it backwards? You're supposed to start an uptrend pullback Fib from the top to the bottom, not bottom to top. The whole point is to use the 0.618 level. But your 0.618 level won't work, because you drew the damn thing backwards 😂 The true 0.382 is not a well respected level. Your 0.618 level is swapped around with the 0.382 level. Also, take those other useless levels off. You don't need them. You just need the 0.618, 0.5 and the 0.382 levels.
Community + To Learn More👉🏼 linktr.ee/mattfxs
Biggest lesson i learnt in 2024 in trading is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
No one has all the answers. It's important to develop your own approach, take calculated risks, and stay committed to your plan. Learn from mistakes and keep growing.
Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.
@@foreverlaura-fq4eu Could you kindly elaborate on the advisor's background and qualifications?
I won't pretend to know everything, though. Her name is Annette Marie Holt but I won't say anything more. Most likely, you can find her basic information online; you are welcome to do further study.
@@foreverlaura-fq4eu could yalls shut your bot mouths up
Wow. I’ve been researching fib retracement the past few days. Ended up more confused. This is the clearest and simplest and most compact understanding of fib retracement ever
Two thumbs up, A Fibonacci Example, worthy of your time & consideration. Short but Sweet. Nailed it. Thanks!
Same
Your explanation on fibo retracement is quite simple to understand. Thanks champ👍
That’s awesome bud!
i was here to comment the same thing. a lot of other youtubers take forever to get to the point lol
Hello bro can you help me to add the 88.6 level I don't know
Wow you explained it so well thanks!
Glad it was helpful!
Well explained thanks 🙏🏾
Best time frame???
Time frame?
Any
Very helpful thanks
Good information
Thanks!
Best explanation 💯
Glad you think so!
❤ love it u make 100% simple ❤
thanks!
What's your settings
What is this software?
TradingView
what time frame is best in your experience?
M5
depends on the trader you are. 5m, 15m, 30m, 1HR, 4HR, Daily are the ones I use
Very easy to learn. Thank you
You're doing a fantastic job! I need some advice: I'm using a SafePal wallet with USDT and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). What's the best way to send them to Binance?
What's time frame to use?
Any
Thank you
Can you explain your post? I'm a beginner learning in the nfc community so I don't really understand it yet.
what timeframe?
Thank you so much👍👍
You’re welcome
What time frame?
How do I show the % numbers on the right? Mine show on the left.
It should be in the fibonacci settings where you can change the position of the text
What platform or software is used to draw this?
TradingView :)
What do you do with the golden ratio?
you use it as your entry. I consider 61.8-78.6 as the golden zone. provides a lot of opportunity on higher and lower time frames depending on how price reacts to those levels. Also, it provides good risk to reward ratio on an impulse range
Waw thanks, but how can i save or have this video with me🙏🙏🙏🙏
Beautiful explanation no exaggeration
That's why I love foreigners more than Indians because most of the Indian traders don't explain clearly so that no one could understand it in a 100% way but these people they dont care they just gave their 100% and explain very clearly. Thank you so much.
where to take profit? at 0%?
Which broker?
Hiw many minutes on chart ?
Any
What should be the time chart for this. Daily/Weekly/Monthly??
Any time frame. I scalp with fibs, day trade, and swing trade. Practice using the tool on all time frames starting from weekly, daily, 4HR, 1HR, 30m, 15m, 5m (3m if you really want to). Backtest and write down the data of setups that you find. While finding those setups in backtesting, see how price reacts to those fib levels (esp 61.8-78.6) so you can recognize these setups in real time.
At which time frame can we apply this Fibonacci
@@Famus-er7rh All timeframes
All timeframes
Where is the reset before considering fibonacci?
What is the best timeframe?
H4 or above is better
What a great explanation. Thank you!👍
What the time frame ..,,?
its just lik pivot points ??
Do we have some settings? Or the default setting is enough?
The %s right? That’s also what I’m trying to understand
Fibonachi settings plz 🎉
slightly different from what my teacher taught.. the way he taught is that if it is DB then pull the fibo ret from the longest shadow to the cs that exceeds the DB cs. and if it is IB, pull the fibo ret from the highest/lowest point to the lowest/highest point and wait for cs to return to the golden ratio when that happen go lower timeframe and wait for confirmation
@@abdulmuizal-battar3127 There are so many strategies. Just practice it and implement it in paper trade before a real world and know you won more than loss
Thank you for this.
Thanks to your knowledge I love you
Thanks for this tool please explain with time frame best for fib retercmen
Any time frame where ever you can find a swing point that looks good if your having trouble with swing points there are many videos on it. Hopefully this helps you. Good luck. Wish the best for you all. Success Health snd Wealth.
Really it works?
Thanks for the help man
what timeframe should i use in fibonacci retracement strategy?
You can use on any
With Tradovate the percentages start from highest to lowest when drawn for a bullish trend. Any idea what's going on here?
good simple explaination
Thank you sir.
Why you didn't take the fibonacci from the bottom in the channel trend , and the previous uptrend.
How do i extend to the right?
Settings video
Best time frame to use a fabonscci
Thanks
how do u set the supply and demand / buy and sell zone in trade view?
THANKS MEN
Bro whats the time frame
Any works. I use weekly, daily, 4HR, 1HR for swings. 30m, 15m, 5m for scalps and day trades
Great explanation and easy to understand
It's very similar to pivot points
But when do you enter? After spotting the bullish end or bear ish end
It works
On the pull back
Great and informative summary 🎉
Nice
Thanks!
Thanks man. You are to the subject and very clear.
NOIICCEEE AND SIMPLE🥰🥰🥰
how do I make my fibo like you?
There's more to it then that. It needs to be the momentum high or low, not just the high or low. You can use AO indicator to find this. It also needs to be at the end of the trend. Or when the market changed character . It's not as simply as just picking highs and lows
What is the AO indicator?
@@Yung_Mugen awesome oscillator
@@BlackPhantasm Thanks and what timeframe would you suggest to use the AO and fib in combination with?
@@Yung_Mugen you can use any time frame but I use monthly and weekly
🙏🙏@@BlackPhantasm
What tf should always use fib
extermly nice
Luke 1:37 ESV
[37] For nothing will be impossible with God.”
Thanks Matt, I really love your character because you're really honest to share your knowledge and for your overall technical analysis, I can say that it's 70-80% accurate🔥🔥💯
WFT HAHAHA YOU WANT ME ENTER IN EACH Level %
simple and clear 👍
how do you switch fibonacci numbers to be on the right hand side
On the setting on trading view you can switch it to the right
How yo setting
What time frames are these best to use on. Thanks for the quick review and tips
It works well on higher time frames
Should be confluence with time and price and confluenced with all time frames
Time frame
Bro please tell what was that red green that appears later
Why u r drawing trend line with such a higher angle, in general trend line should be better 30-50 degree, such a trend line means excessive bullishness, u may sometime confuse with retest.....from my 3 yr of experience
the problem of fibonacci. shoud entry on fibo level that give good risk reward ratio.
Very informative 🙏🏻
Please make a tutorial of all harmonic patterns with Fibonacci
I have searched everywhere but couldn't find how to add the 88.6 fib level to my fib tool in trading view. pls anyone help!
Short simple effective
I've been looking for this Flame 🔥 On
It’s true been testing for years
Never used the high percentage points before
You should try it it works
@@ak47withascopetrade I could never find anyone who teaches it, but I will watch this video again
@@ak47withascopetrade Could not find anyone to teach the high percentage points at the time, I will look for someone to teach it.
Something doesn't seem right about this Fib retracement tool. Did you mess with the default settings or what? Where's the Fib extention levels? Why did you draw it backwards? You're supposed to start an uptrend pullback Fib from the top to the bottom, not bottom to top. The whole point is to use the 0.618 level. But your 0.618 level won't work, because you drew the damn thing backwards 😂 The true 0.382 is not a well respected level. Your 0.618 level is swapped around with the 0.382 level. Also, take those other useless levels off. You don't need them. You just need the 0.618, 0.5 and the 0.382 levels.
Don't move the last point, use ray right in fibo properties
Not all heroes wear capes. Finally!! Thank you sir 🙏🏽
You're welcome!
Good
videoda anlatılanı Türkçe'ye çevirebilecek biri var mı ?
Super
Thanks
But it no work
Raip song 😮😊
the reason why this works is because people use it
Self fulfilling prophecy or not, usually it lines up well with the market structure
Music REALLY ANNOYING and distracting 😤
Hari Vishnu Hari Vishnu 😊
Plz hindi me explain kro