Fibonacci Retracements and Extensions Workshop
Thursday • August 23, 2018 • 8pm EST
In this Workshop, Ed Carter will teach the basics of Fibonacci Retracements and Extensions. He’ll also show you the ways you can incorporate these powerful tools into your trading.
Live Workshop Includes
- Why do Fib Ratios Work?
- Why You Should Use Extensions instead of Projections?
- Answers to Common Problems Using Fibs.
- Where do you begin and end your drawing?
- Do we use Bodies or Wicks?
- Which Ratios should be your focus?
- How to Identify the major support/resistance Levels with Fibs?
- How to Find Entries with Fib Retracements?
- How to Set Targets Using Fib Extensions?
- Open Q/A Period (bring a ticker or two if you’d like them used as examples).
► A complete copy of the "Leveraging Fibonacci Course"
Each topic will include live chart examples, including some potential trade setups for your consideration.
Course description: This course includes a 76-page eBook and free access to the quarterly live Webinars. Topics include: “How to Use Fib Ret./Ext.,” “Finding Entries with Fibs,” “Setting Targets with Fibs” and much more. $197.00 Value
Ed Carter
Master Trader
Architect and Designer Trader Vision 20/20
Complete Workshop Normally $422.00 On Sale Today For $157.00
Workshop Cost Breakdown
►1-1/2 hour Live Workshop $225.00 Value
►Complete Leveraging Fibonacci Course" ........$197.00 Value
►Recording Included
►Total Retail Cost $422.00 • $157.00 with available seats.
Benefits of using Fibs
1. They identify key areas of support and resistance
a. Helps choose between many potential S/R levels (before price reaches those levels);
b. Allows better definition of Reward (likely potential resistance) before trade;
c. Allows better definition of Risk before trade
d. Allows better definition of Reward/Risk Ratio before trade
2. They help “tune” the drawing of S/R lines (when unsure exactly where to put it, they give a guide);
3. Clear identification of when a trade setup has failed
a. No more guessing “how much room should I give the trade to work?”
4. They offer a reliable way to predict targets when at all-time highs or lows;
5. They provide confirmation of “orderly/consistent price action”
a. Price is moving in regular, predictable ways rather than erratic, volatile moves
i. Giving more confidence in predictability of future swings than when trading erratic stocks
6. Fibs are universally applicable across timeframes, assets (Stocks, ETFs, Commodities, Forex, etc.);
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