"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Plotted above is the Impulse from All Time High in 2017. That first push down set off a series "Ripples" flowing down. This fib defined most of the...
Hello, dear subscribers! Today we are going to examine very simple and intersting instrument which is applicable for the global price movement analysis. The logarithm growth curve is based on Fibonacchi retracement levels. As it is known the Fib retracement based on swing high and low levels. But in case of growth curve we use the logarithm scale to take in...
I've recently come across a lot of posts where the fibonacci retracement tool was erroneously used, and this gave me a good idea for an educational post. Introduction: The Fibonacci Sequence - Before talking about fibonacci retracements, it's important to understand what fibonacci sequences are. - Fibonacci sequences are numbers that are equal to the sum of the...
How to use fibonacci retracement and extension this entire trend was started at 1857 and ends at 1900 with wxy zigzag corrective wave. wave x is subdivide into abc flat correction which retraced upto 0.382 of wave X at 1870 wave y made 1.382 projection of wave w at 1900. the entire wxy trend made 50% retracement at 1878. (retracement after wave y overlap wave x...
"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected...
Hello, dear subscribers! The topic of this article is Fibonacci Extensions. What is Fibonacci Extensions? This indicator demonstrates the hidden potential resistance levels for the uptrend and support levels for the downtrend. Here is as example of the uptrend Fib Extensions. Let's make a reservation right away that the Fibonacci Extensions is not the same as...
Hi guys, as I promised, this post is about Fibonacci Levels for YOU!🧡 Leonardo Fibonacci is a great mathematician who lived in the XI century. The scientist deduced a number of natural numbers, which later began to bear his name. Each number in the series was the sum of the two previous numbers: 1 + 1 = 2; 1 + 2 = 3; 2 + 3 = 5 etc. The result is a series of...
If you have seen my previous 3 FIB Method posts you would know that I use fibs to define trend, identify key areas of resistance and support as well as predict price movement. In this post I have tried to detail how I use fibs to trigger entries and define risk. Most of method in this section is based around the 618 FIB (golden ratio). In the simplest...
Hello, Traders! Today I will explain how to use a trading strategy based on correctional Fibonacci levels as simple and rational as possible. Using the ZIL example, we will highlight the period from November 4 to 25, where the price has entered an uptrend. Our task is to stretch the Fib retracement from the beginning of $0.01666 until the end of the uptrend of...
Quick Video Tutorial teaching a very simple way to use the TradingView Fibonacci Speed Resistance Fan to manage trades that are trending.. When we run out of Linear Support & Resistance zones as an instrument is making new highs, we need to rely on "Non Linear" Support & Resistance to help us manage trades that just keep going. And the Fibonacci Speed Resistance...
in parallel channel there are two trend lines parallel to each other. You buy/sell at trend line. near the yellow arrow sign. you multiple resistance trend line fib retracement previous support now turned into resistance trade always have two part Entry and exit you have multiple resistance to sell and you exit at 100% projection of wave at lower trend...
Most things are written on the chart. I have hidden the reference fib itself as it is specifically edited for a certain purpose, but I base it on the psychological effect range theory (should be easy to figure out my methodology just knowing that) as well as the silver ratio for highs rather than the somewhat misused golden ratio (it's not really that prevalent in...
The current price consolidation of the ES offers a good example of how price moves between the FIB levels. I use these levels to identify zones for potential reversals and targets. In this example I would treat the FIB levels as resistance until they are broken. Once they are broken I treat them as support and look for price to move to the next FIB level. As...
In a strong trending market, it is important to find entries at the high probability zones i.e. Fib Retracements. Ideally within the .382 - .618 zones. It may be tempting to enter the market during a period of strong momentum, but itmust be known that every strong trend contains correction phases, this is where you capitalise on the trend momentum. Entering the...
Quick Video Tutorial on how to use the TradingView Fibonacci Extension tool to measure Risk to Reward and even manage trades. Also how to combine the Fibonacci Retracement tool with Stochastics to measure pullbacks during a trend.
This tutorial explains how we take trade entries, its as simple as this! We use a complete trading system that governs every aspect of our trading, from entry to exit. We put high emphasis on position sizing and we only use the Fibonacci retracement to enter trades
Trade the intraday trends with ease! Stack the confluences to a high probability trade and execute! Pull back to between Fib zone 0.382 - 0.618, small counter trend line within overall trend, entry on a momentum breakout candle. Bobs your uncle!!