How to Trade Fibonacci Retracements

[@ChartGuys]

Weekly Swing Report Newsletter Service from The Chart Guys: www.chartguys.com/swing-report-membership Explainer Video: kzbin.info/www/bejne/m5nToZScjJKDiq8 TradrPro Crypto Alerts System tradrpro.com/ FREE Technical Analysis Course: www.chartguys.com/trading-courses/7/technical-analysis Trading Candlesticks Course: www.chartguys.com/trading-courses/5/essential-candlesticks Entries & Exits Course: www.chartguys.com/trading-courses/2/entries-exits Join our community of thousands of analysts working together to learn the charts, generate profit and achieve financial independence. Live market coverage & exclusive educational content. Get trading support and on-demand technical analysis for your requested tickers. Sign up today at: www.chartguys.com/community Get the latest market updates and technical analysis on your favorite social media platform. Twitter twitter.com/ChartGuys Facebook facebook.com/thechartguys Free Facebook Group facebook.com/groups/thechartguys Instagram instagram.com/thechartguys/ Stocktwits: stocktwits.com/ChartGuysDan TCG Clothing: dogoodthings.chartguys.com/ Any advisory or signal generated by TheChartguys.com is provided for educational purposes only. Any trades placed upon reliance on TheChartguys.com systems are taken at your own risk for your own account. Past performance is no guarantee of future results. While there is great potential for reward trading securities and options there is also substantial risk of loss in all trading. You must decide your own suitability to trade. Future trading results can never be guaranteed. This is not an offer to buy or sell futures, options or commodity interests. TheChartGuys.com is not registered as an investment adviser with any federal or state regulatory agency. The information contained within this Web site, including e-mail transmissions, faxes, recorded voice messages, and any other associated messages/media (hereinafter collectively referred to as “Information”) is provided for informational and educational purposes only. The Information should not be construed as investment / trading advice and is not meant to be a solicitation or recommendation to buy, sell, or hold any securities mentioned.

[@slowdevil]

The amount of work you put in to help other people be successful is very much appreciated.

[@masonjr3]

Alt + F was worth every minute! Now I know what the magnet is for.

[@nathanwebster3109]

I've been dying for a detailed explanation of Fibb retracement with examples and how the hell to actually use it. This is why TCG is the best in the industry. Nobody comes close to this kind of quality stuff.

[@brettmclennan4363]

Great stuff Dan!

[@brettmclennan4363]

@@mmcrypt0636 this is a fake account. Please report

[@hyper8547]

I have been following this Man for several years, what amazes me is the kindness and humbleness he shows to other people, and reminds us that kindness shall not be forgotten.

[@nortonbros]

The best channel on KZbin for trading!! Thanks Dan!

[@Steven-T]

I LOVE that you've chosen the least crowded timeframe to upload these so that it doesn't get drowned out by other videos. Thanks Dan :)

[@carl9014]

"To help determine the most likely scenario" Love it. Perfect intro to the presentation. Was also wondering how you pull up the fibs so quick, noticed that in several of your videos. I figured with a hotkey or some shortcut. This video came on as an autoplay recommendation after watching your latest crypto video, but your intro caught me off guard so I thought I would watch the whole thing

[@nighttruck70]

Thanks for giving your time and insite Dan. You and The Chart Guys team do great things every day.

[@peanutsandcorn7733]

Thanks Dan! The pregame from Lori every morning is invaluable. Thank you all for everything you do! Have a great weekend!

[@0602980]

Haven t yet watched Lori, thank u for this comment, I ll check out pregame next week then to see what s what. ☺️🙏🏻🍀

[@ChartGuys]

@@0602980 You wont be disappointed!

[@tbolling100]

Thanks for the clarification Dan. I love the alt + f as well.

[@arashgrgsson3841]

its nice when u find a mentor u fully understand 🙏

[@66whitewater]

Thank you so much for this video. Answered all types of questions!

[@mrJattkaran]

This is gold. Thanks dan!

[@JColb]

Think I've watched this video 3 times already. I learn something new each time. Man this video is perfect for traders who use fibs. Thanks Dan!!! You're a great teacher bro!

[@nathanwhitneymusic]

Thanks for sharing Dan. Your commitment to education is appreciated.

[@ryansandstrom6521]

Great stuff. I think I have learned more about TA from watching you than any other channel. Thanks for the education.

[@27jasonfrank]

Love this! Thanks for the education Dan! 😃

[@johnpen269]

Thank you so much, you make it so easy to understand. no fluff or bullshit.

[@chrisbenson2084]

I've been watching your videos since 2017 and I think this is the best one yet. Amazing job and thank you; subscribed and liked!

[@ChartGuys]

That is saying something! Thanks

[@anothernick1]

Good work Dan. Very helpful and informative.

[@jaykeyz2730]

Very informative video, thanks Dan the man!

[@qianweijia1]

Concise and sweet. Great video

[@cartmanpeter89]

Excellent video Dan, greatly appreciated.

[@scorpion_investor]

Thanks Dan. I have used Fib retracement a few times it you gave me some good tips in things to look for. I even got a few books on the topic I have not gotten to, so your video here was a reminder to get started on them. As always, your insights (mindset) and trading tips are always appreciated. You have a good outlook on things and it really helps with the psychology aspect.

[@jeancruz8825]

thank you master! very good and practical ! have a nice weekend!

[@LukeTrader]

Very, very useful video. Thanks Dan!!! Quality content :)

[@adamupbj5928]

Thank you so much! You did an incredible job explaining the concepts in this video Dan! In my opinion, you are the most skilled technical analyst on KZbin I’ve seen thus far! I look forward to learning new concepts and ideas from you everyday! Keep up the great work! :)

[@ronniegreen1495]

Thanks for the video and the many real-world examples! I started using the rib retracement tool just by watching some of your other videos and memorizing the inflection points you use lol. This would have saved me some time!

[@illernpiller]

Would love more like this, but also add your settings for the indicators etc. Could you do the fib extension next? :)

[@ChartGuys]

I dont use the extension!

[@Ron-ry6nh]

absolutely brilliant... thanks so much Dan!

[@tammazon323]

This is PRICELESS!! Thank you for always sharing such gems to help us with trading.

[@mrstyles6597]

Thanks Dan, this is really helpful. Much appreciated.

[@fb4874]

Another great vídeo. I have been following you for some years now and I always, but always learn something new, or refesh my memory of something that you though before. Thank you. Do good things👍

[@Blueblazezzz]

This video was super helpful to me. Thank you!

[@fjr8329]

Good stuff Dan!

[@mustanghunts]

Really enjoyed this video…So well explained..Thanks Dan.,👍🍻

[@kevinpiontkowskikad9457]

Thank you Dan and your fellow Chart Gals and Guys; your teachings are a great gift to us individual traders. I've bought some of you're classes, and have been following you for 3+ years now ! I'm interested in hearing your thoughts on momentum trading. 🤑👍

[@jaycemaniarpillai1282]

Your the man for making these vids

[@chrisbond1980]

This is great. All summed up in 1 video!! Thanks

[@chrisbond1980]

I can’t stress enough how learning this turns you into a market wizard. I now am very confident reading charts and understanding whats happening. If i see a chart that I’m not confident in, I zoom out time frames and apply this until I find a TF that gives me clarity. Thank you Dan for all your help! Can’t stress that enough either!

[@billmcgee2066]

Fantastic video so helpful and clear makes thing so much easier to see

[@tejaaraveti488]

Dan, great video … I am awaiting for a similar video on Wedges and other chart pattern from you !! Hopefully we will get it soon 😊

[@Flyfella]

Super video really helped me to understand why sometimes I get confused in short time frames!

[@Dhani_Nerrh]

Highly appreciated, Dan

[@0602980]

Some enlightening concepts here, thank you again, Dan! 💚 I haven’t yet dealt with Fibs until now (thanks for this demystification), but I realised I have in fact developed a ‘feeling’ for when a flag is likely to be invalidated. Cool to now be able to connect my irrational observations with the Fib tool! Also great the concept of ‘equilibrium’ (could be developed further into consolidation patterns, pennants, triangles, wedges). It is a gift that u can simplify and clarify things in this understandable video format, bringing what is most important to the forefront. You truly make intimidating stuff accessible. 🤓😍🤘🏻

[@joaothewabilife3965]

Great video. Thanks Dan

[@kris-8596]

Excellent job @ presenting this lesson!

[@mladenstefanov6139]

Very, very nice video. Excellent explained. Me, myself, has been using Fib Retrancement for the last 2-3 weeks and I am astonished from their accuracy. Now i hope with this excellent explanation about bullish, bearish and equilibrium flags to become better. Many thanks.

[@cryptoconsciousness2543]

exceptional content!

[@warrenatkinson1498]

You’re the best! Thanks man!

[@duttybear]

Amazing info Dan, thank you! How to use fibs has been a question on my mind the last few days. I've struggled with choosing the starting point; like in a run up, do you always take the lowest point, or can you apply it per wave? Dan you do two waves in one fib retracement? Based on your vid, you use one wave.

[@TheWolfmanMachinima]

extremely helpful :) Thanks a lot!!!

[@THEFORGOTTENGRACE]

Thank You Dan, from Switzerland.

[@HighTimesTrader]

@5:20 Can you give us a better idea as to where you would have set your stop loss under $178? At what point do you let the stop loss hunters win? stop loss at 0.1%, 0.5%, 1% below the low? Edit: I can see how scaling into the NIO monthly chart could answer my question.

[@ChartGuys]

I set it at 177.99

[@HighTimesTrader]

@@ChartGuys thank you

[@Maxbiggy]

Very educational. Thank you.

[@anumshams3081]

Appreciated sharing some trading recipes

[@suddonlee4326]

Thanks much appreciated 🍻🙂

[@pbogz4719]

Thanks Dan!

[@nevarmalabre4703]

World Class. Thank you Brother

[@saberrahbarfam698]

Very nice explanation. Thank you. Can you also explain the Fib extensions where you can estimate a target for a move in a separate video or here in the comments, please? Thanks in advance.

[@ChartGuys]

I do not use fib extension so I am not the guy for the job!

[@rjderbis]

Hi Dan, at what fib level would you consider a reversal to be a likelier outcome rather than EQ?

[@caribee624]

Thank you - that was soooo helpful! :-)

[@cryptoponics]

Dan, or others, I'm a crypto miner and have been subscribed for a couple years now. Mining crypto, it's accumulated on a minute by minute basis, AKA continuous DCA (dollar cost averaging). I have primarily HODL'ed BTC and ETH. I am currently mining RVN and would like any specific guidance related to miners as far as when to trade RVN (generically any coin) for BTC. The principles would apply to ETH as well. What I typically do is look at the RVN/BTC ratio on a month basis and exchange 1/3 of my mined balance when it's above what I perceive as the average, and continue to exchange 1/3 if the xxx/BTC ratio continues to rise, perhaps by 10-20% increments. Any thoughts or suggestions are appreciated. Maybe a specific episode related to this?

[@jasonclement6305]

Amazing info.

[@czapskibusinessgroup]

are you staying on the monthly timeframe or zooming in to a tighter timeframe once you've established the pattern?

[@gary5799]

Another great video, do you think that it's not actually the fib sequence it's just usually %50 retracement, which isn't a fib number, and sometimes it's 10% less sometimes 10% more, nothing to do with fib levels?

[@Kello1231]

great vid dan

[@Disco22]

Hello Dan new subscriber here. just one question. do you use preset fibonacci retracement or you change the settings on them? been watching vids for a week now your channel is very informative. hope to hear back from you. thank you!

[@meandmyRC99]

Thank you!

[@mikesmith-zh3go]

Algo boostin

[@balkarbrar729]

Great video keep it up g

[@startmake-ai]

One of the conditions is declining volume. What if the volume is picking up instead? I suppose the Fib retracement signal is then no longer a strong signal. But does it mean anything else if volume is picking up? Thanks!

[@Crypto-mr3hg]

Its be told that when the student is ready , a teacher will naturally appear.

[@kawingtam4535]

very helpful

[@ChartGuys]

Thank you that is the goal! Check out some of our other content on wedges, back burner strategy, etc.

[@SLowPLaYaH]

Awesome content and very much appreciated. Non-spoiler alert: The Bayesians win in the end.

[@jordanfigueroa2830]

Thank you

[@dont4get2wipe]

This is embarrassing but I think I’ve been using fib retracements backwards until I saw this (anchor at top of bull move dragged to support). No wonder I could never make any sense of it.

[@ChartGuys]

It is possible the values are the same

[@AM2K2]

cheers

[@mackjewell8990]

Damn♥️

[@derekstevens3119]

🤙