Fibonacci extensions tutorial on how to exit trades explained using this popular Fibonacci Tool in an unconventional manner.
How to draw the Fibonacci extensions tool explained for Forex, stocks and futures to help you exit trades.
Enjoy the video! Leave your questions and comments below!
Make sure not to miss a single video from Barry! Click here to Subscribe:
Top Dog Trading
Get the Free Trade Strategy: “The Rubber Band Trade”:
Watch the related video: "Day Trading Rules - Which Fibonacci Levels will Create Tops or Bottoms"
Risk Disclosure: http://bit.ly/Risk-Disc
The information contained on this video is for informational and educational purposes only. We are not registered as a securities broker-dealer or as investment advisers, either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Trading and investing involves substantial risk. Financial loss, even above the amount invested, is possible. Seek the services of a competent professional person before investing or trading with money.
The information contained on this video, is not provided to any particular individual with a view toward their individual circumstances and nothing in this video should be construed as investment or trading advice. Each individual should assume that all information contained on this site is not trustworthy unless verified by their own independent research.
Any statements and/or examples of earnings or income, including hypothetical or simulated performance results, are solely for illustrative purposes and are not to be considered as average earnings. Prior successes and past performance with regards to earnings and income are not an indication of potential future success or performance.
You should never trade with money you cannot afford to lose. The information in this video is in no way a solicitation of any order to buy or sell. The author and publisher assume no responsibility for your trading results.
This information is provided "AS IS," without any implied or express warranty as to its performance or to the results that may be obtained by using the information.
Factual statements in this site are made as of the date the information was created and are subject to change without notice.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
I am a student of yours that read your book trend trading for dummies, which i loved. I purchased your foundations courses 1 and 2 as well as you advanced trading techniques course and day trading the invisible edge. (highly recommend all these courses and the book)
I was hoping you could answer a question about the settings for the zigzag on tradingview. i have the deviation percentage at 4% which would match your settings of 0.04. There is also another setting called "depth" and I am unsure what to set this setting to.
Hi Jarrett, thank you for the kind words and I'm glad you're getting great value from my courses. I'm not exactly sure about that since my charting software doesn't have that. I just plotted a zigzag on a daily Apple chart on TradingView with a deviation of 5 and a depth of 10 and it looks great.
As always top notch info Barry! Just one question don't know if you have or have not spoken on standard deviation channel or standard deviation in general and how to use or relating to volatility for high probability trading..
Just to be clear in your example you're showing Fibonacci extensions from the retracement level not from the original move up which puts the profit targets much farther away from your entry than if you drew an extension from the original move ...
Our team is ready to discuss how Ripple can integrate with your existing payments systems.
In a world where three billion people are connected online, cars drive themselves and appliances can communicate, global payments are still stuck in the disco era.
Ripple connects banks, payment providers, digital asset exchanges and corporates via RippleNet to provide one frictionless experience to send money globally.
Connectivity across payments networks.
Instant, on-demand settlement.
Real-time traceability of funds.
Low operational and liquidity costs.
Better Than Any Blockchain.
Built on the most advanced blockchain technology that is scalable, secure and interoperates different networks.
Growing Global Network.
Banks, payment providers and digital asset exchanges process and provide liquidity for payments on RippleNet, creating new, competitive cross-border payments services for their customers.
How to buy Ripple.
The payment is easily completed online in minutes by POLi Payments a business from Australia Post and after payment is complete the coins will be sent to your CoinSpot online wallet immediately.
Ripple is a technology that acts as both a cryptocurrency and a digital payment network for financial transactions.
Ripple was released in 2012 and co-founded by Chris Larsen and Jed McCaleb.
The coin for the cryptocurrency is premined and labeled XRP.