Fibonacci numbers are widely used in trading - but are they really practical? Do they really help you MAKE MONEY?
The answer is definitely YES, but only IF you know how to use them correctly (which most people do not!).
Join Barry Burns for this live webinar as he removes the mystery of why Fibonacci trading works so well and exactly HOW to use it to reap big rewards.
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In this session, Barry will go beyond the theory (and hype) to the practical reality of what actually works in the real world or professional trading and address the following issues:
- How to use Fibonacci for setting profit targets in Day Trading and Swing Trading
- What exactly are the best Fibonacci levels (ratios)
- Which highs and lows to use for drawing Fibonacci retracements
- Whether to use the real bodies or the wicks of candlesticks for drawing Fibonacci levels
- The best chart time intervals for using Fibonacci levels
- How to use Fibonacci levels to enter and exit trades
- How to use Fibonacci TIME extensions and Fibonacci CLUSTERS
- How to use CANDLESTICKS with Fibonacci
Dr. Barry Burns started his study of the markets under the direction of his late father, Patrick F. Burns, who accumulated 70 years of trading experience in his lifetime. In addition, he hired three professional traders to mentor him personally, and even went to Chicago to work with a former floor trader at the Chicago Mercantile Exchange. All of this research and study resulted in insights which eventually led to the development of his own Top Dog Trading methodology.
This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.