Why You Want To Use Fib's Levels
Fibonacci retracement levels are used as part of a trend trading strategy. We observe a retracement taking place within a trend & make low-risk entries in the direction of the initial trend using Fibonacci levels.
Fibonacci Levels create a high probability trade setup when used with other indicators like EMA crossovers and lower indicators like the squeeze and volume.
We will do an in-depth Fibonacci Timing & Price Analysis in the chat room for stocks, futures assets & ETFs to identify potential support & resistance in the future based on past price trends & reversals using Dynamic Traders software. We will also be using Elliot Wave Theory to predict Price Movements by identifying repeating waveform patterns using E-Signal Advanced Get Tools. I also focus on technical indicators like RSI, Moving Average Crossovers and Squeeze.
At Path Trading Solutions, you will learn critical time-frame price support/resistance and end-of-wave price projection techniques using Dynamic Traders software. We will teach and help you identify conditions with a high probability outcome.
Finally, our philosophy is that success takes patience and little victories are important. We don’t necessarily have to hit a home run on our first go; in fact, aiming to always hit a home run will often lead you to getting out. Similarly, stocks is not a go big or go home game. A series of singles or doubles will also add up over time and let you win the game. Every now and then we will hit a home run. However, it shouldn’t be our primary motive.
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