Video tutorial: Trading with Fibonacci levels

Welcome to my latest spread betting video tutorial. This week, I want to deal with the basics of Fibonacci theory – I will explain some more advanced methods in a later video.

Fibonacci was an Italian mathematician born almost 750 years ago. And it’s quite remarkable that the theory he developed in the 13th century is still used today to give us insights into the growth and decay of natural systems – such as financial markets.

Fibonacci theory can be a very powerful tool. It can give you vital information on where to enter a trade when trading in the same direction as the prevailing trend. Instead of guessing where to get in to a trade, can give you fairly precise entry points in advance.

In this video, I will explain:

• What Fibonacci theory is;
• How to use the Fibonacci tool in your spread betting platform;
• Some basic ideas you can use right away in your own trading.

And if you haven’t seen them yet, or you would like a refresher, do take a look at my other video tutorials.

• See all my spread betting video tutorials here.

• Don’t miss my next trading insight. To receive all my spread betting blog posts by email, as soon as I’ve written them, just sign up here . If you have any queries regarding MoneyWeek Trader, please contact us here.

  • Mike

    From the perception of someone such as myself (who had never seen fibonacci in action before) this is crystal clear compared to the written explanations that I have read about. A very interesting and useful video John, thanks.

  • Paul.J

    A nice clear Video again John, thank you.

  • KenN

    Very clear and simple explanation with nice examples. Thank you once again!

  • Rob

    Probably the clearest explanation of Fibonnacci levels I have seen so far, with some useful additional inputs (e.g. ‘pigtails’!)

  • Anna

    Very clear and easy to understand. Best explanation of Fibonacci I’ve ever heard. Excellent thank you!

  • hamid

    John thanks very well explained.Will let you know how used them.

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