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In this video, I break down how I like using Fibonacci Retracements to identify entry points (the trigger zone) and take profit levels when in trades.
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0:00 Intro
0:20 What is Fibonacci?
1:03 Before You Start
1:23 Trading the Opening Range
4:58 Bearish Example
6:00 When it Doesnβt Work
7:18 Recap
7:50 Final Thoughts
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Thanks for throwing in some examples where it doesn't work. Too many times everyone just focuses on the big winners. Appreciate you doing that for the sake of the integrity of the trading community.
Just do the necessary research, study and anaIyze before making any lnvestment decisions.
still waiting on the opportune time to sell my GME shares for a lambo.
Do more videos on futures! I loved that video & itβs super interesting
Simple, yet complicated. Awsome youtuber Daniel is. Thanks.
First love β€οΈ