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Most traders use Fibonacci. Almost none use it correctly. This 5-minute breakdown fixes that.

14,291 views • 6 months ago •via X (Twitter)

6 Comments

FXStreet News's profile picture
FXStreet News6 months ago

The mistake happens at 2:43 👇

Sam Seiden's profile picture
Sam Seiden5 months ago

Most traders are walking east and west trying to reach the North Pole. The harder they work at indicators and oscillators, the more illusions they stack on top of each other. Price moves on one thing, supply and demand. Everything else is just a derivative of it.

Trading Truth's profile picture
Trading Truth6 months ago

Strategy repetition is easy. Behavior repetition is not. That’s why most traders stay stuck.

Trading Truth's profile picture
Trading Truth6 months ago

Most traders know this but can’t apply it consistently.

FXC Academy's profile picture
FXC Academy5 months ago

Fibonacci doesn't predict the future. It doesn't tell you where price WILL go. It tells you where price is LIKELY TO PAUSE, breathe, and make a decision. And that pause? That's where we trade.

realcommunityengagement.com's profile picture
realcommunityengagement.com6 months ago

NFP and central bank policy could set the tone for markets very quickly. #NFP #Fed #RBA #Markets

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