Today's video will take a look at supply and demand in the market with Fibonacci confluence. Fibonacci retracements and extensions is a great tool for adding confluence to your trade. If you have multiple style traders attempting to buy/sell at the same level at the same time this adds probability to your trade working out.
Understanding when to stay out of a market can be just as crucial as knowing when to get in!
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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. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.