How to setup the Best Fibonacci Levels and how to use them on Tradingview and Metatrader 4 - MT4

Learn how to trade forex and equities using Fibonacci retracements and Fibonacci extensions. This can be used as part of a trading strategy for entries and exits with low risk and high reward potential. Using Fibonacci extensions for trading can improve your trading success. This video is suitable for forex trading and US equity trading. Enjoy and subscribe if you want more videos like this.

Please like and subscribe if you would like to see more videos like this.

Thanks

Shane

Risk Disclosure:
Futures, Forex and CFD trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. 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.
Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

DISCLAIMER: These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research and due diligence and backtest any potential trading strategy with a demo account before committing any live funds. I share my own opinion and experience with no guarantee of gains or losses on investments.
*Nothing contained herein or in any videos produced on the AwakeFX Youtube channel is a solicitation or an offer to buy or sell futures, options, or forex. *

[mikehackley]

Your teaching style is absolutely top tier! Many blessings to you for these gems. Thanks!

[VincentPaulAgustin]

Highly recommendable. Great job Shane. Keep it up. Thanks for helping us.

[KGee]

Thank you a lot. This made everything easy to analyze

[legendaryluv]

You’re the best YouTube FX teacher I’ve come across 😎

[noisyreal]

wow i opened my charts randomly to look at the retracment levels found a FVG and the trade was a 1-5 RR with proper retracement. Thankyou for your videos!!! helped me so much.

[UnknownScorpion]

Awesome Shane! When combining ITC concepts with FIB, do you look for FVG and OB for confirmation with FIB levels for entries and targets? Not sure if you already have a video on this apologies if you do. Would like to see how you do this

[troymckoy]

thanks for this, it really helps ....

[Natnael-pnqe]

I can tell this is a best place i've learned too much it was very helpfull, , but there is a video quality problem would be better if u can fix that thanks!

[ayso]

Hello Shane!
Pls make a video on Charting.
Like on ur charts Higher tf less drawings are there, but on lower tf there are more drawings.
How is it possible?
Hope u understood my question!

[endaogorman]

Thanks for the tip! do you use log or linear charts when trading?

[mrtbra]

Hello Shane, could I please ask something not related to topic of discussion today? This is in regards to Eur/Usd setups for the 17th and 18th of this month. Price just kept going downwards after it broke the swing lows. Any suggestions on how we can work around this issue. What I'm trying to point out is that since it would would appear that sometimes price doesn't really do some kind of reversal on these swing points, how do I read price action properly in order to anticipate if I'm either going to get some reversal or continuation? I hope the question is understandable. Thanks

[defiantrascal]

Are these levels the exact same as ICT uses? For some reason, i've added a while back a 0.78 level. Something to do with OTE i think.

[wyitutl]

Hi Shane can I use this strategy for going long by flipping the fibbo upside down ? Thank you in advance !

[noelmuniz]

The fib only works on the 5m? Or can you apply on any time frame.

[Jumarbalmaceda]

Well basically my concern is the way you use fibonanci in your recent videos in ICT the updated version the current fibonanci is different unlike what you shown in ICT videos you have 50% there and in current trading view there is a lot of different and not the same as what you show to us. Can you customize ICT fibonanci

[Nasra-wcjk]

What is the relationship between fibonancci mathematics and fibonancci forex trading🤔

[isahidris]

Tanks alot can it use for cryptor market.

[Jumarbalmaceda]

Bro my concern us how do you customed them into 50%

[Aditya_]

Any auto dynamic fibonacci indicator tell me

[Jumarbalmaceda]

Do you teach students to become profitable?