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Ultimate Fibonacci Trading Strategy + $1,000,000 Giveaway — Transcript

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0:00in this video I'm going to teach you
0:01everything that you need to know about
0:03Fibonacci retracements using the
0:05Fibonacci retracement Tool Fibonacci
0:07extensions what levels are important and
0:10how much volatility and volume is
0:12required for which types of retracements
0:15welcome back to the channel everybody my
0:16name is Ry and this is the moving
0:18average a show where we discuss
0:19everything day trading to keep you
0:21profitable I'm going to try to make this
0:22tutorial as concise as possible so
0:25there's no fluff and filler and at the
0:28end we're going to be doing the 1
0:29million giveaway all right so what I
0:31have on the charts right now is us100 or
0:34the NASDAQ it doesn't really matter what
0:37you're trading this works on absolutely
0:40everything the one thing that's most
0:42important that I want you to consider is
0:44that sometimes there are news events
0:46that move the market in great great
0:50magnitude and you can't really help that
0:53that is why we constantly have good stop
0:55losses set in place you never enter a
0:57trade without a stop loss because if
0:59you're a part of one of these moves and
1:01you don't have a stop loss you can spend
1:03a year making money and it'll be gone in
1:055 minutes after one of these days the
1:08day in particular that I'm talking about
1:10this is all recent price action on us
1:13100 this is the Deep seek news it's the
1:16Chinese AI company that basically
1:19outperformed chat GPT and did it at a
1:22fraction of the cost they did it for 6
1:24million whereas chat did it for billions
1:27so the concept is very simple if prices
1:29trend ending up you don't have to draw
1:31trend lines you just have to see that
1:32price is going up or price is going down
1:35this is where you're going to want to
1:37look for Fibonacci retracement levels so
1:39again the asset that you're trading does
1:41not matter it is the value of the asset
1:43at which you buy it if you want to make
1:45a profit on an asset for example in day
1:48trading you want to buy it cheaper and
1:51sell it for higher you only want to get
1:53into a buy order when you know the value
1:56of the asset is going up we know the
1:59value of the asset is going up because
2:01we are in an uptrend so we are looking
2:03for buy positions conversely you would
2:06do the opposite looking for sells if you
2:08see the price going down I will explain
2:10that in a minute but essentially you
2:12need to see some sort of a trend if
2:15markets are consolidating or flat or
2:17trading within a boxed range this isn't
2:20going to work so the first thing that I
2:22want you to do before we start working
2:24on the settings of our Fibonacci
2:26retracement tool I want you to identify
2:29the highs and the lows you will be able
2:32to see these because they are aggressive
2:35points at which the price moves to and
2:38from like this right here would not be
2:41an aggressive move to and from the
2:43concept is simple right here the price
2:46was the highest that it was at then we
2:48had the price break above the highest
2:51point that it was at once it stops going
2:53up and starts going down then we can add
2:56our Fibonacci retracement tool the
2:58Fibonacci retracement tool tool is on
3:00your left toolbar the third icon down
3:04and it will be the first option FIB
3:06retracement I like to add a star next to
3:09it so that it shows up in my favorites
3:11toolbar and I don't have to dig through
3:13this menu everything that I use
3:15consistently every single day is going
3:17to be in this toolbar quick and easy
3:20okay so now that we've determined that
3:22price broke a previous high point we
3:24want to focus on this move what was the
3:28beginning of the move that broke that
3:30previous High it started right here not
3:33down here because you can see a little
3:35down slope right here it is the move
3:38that nonstop broke the previous high
3:41that means there was enough momentum in
3:43this one move to surpass the previous
3:46price from that point to the top as long
3:49as it's moving up that's what you're
3:51going to measure you're going to select
3:52your Fibonacci tool and you're going to
3:54draw it from the bottom including the
3:56wick to the top including the wick my
4:00Fibonacci retracement settings are as
4:02follows we have the 0 the 0.5 the 1 the
4:080.618 the
4:110.705 the
4:130.79
4:160.382
4:19.51 and
4:220.618 I make them all white except for
4:25the 0.5 I make it red it just makes it
4:28easier for me to see where the middle is
4:30the reason I do that is because I have
4:32these Fibonacci extension levels where I
4:35anticipate price to go to now once
4:38you've measured that move from top to
4:40bottom and you start seeing the price
4:42going down you are
4:43anticipating a retracement meaning that
4:46the price is going to go down 50% to
4:5060% of that move from the bottom to the
4:54top this 50 to 60% level is known as the
4:59Fibonacci gold Zone once price reaches
5:01this area you are looking for candle
5:04formations or your Buy sell indicator to
5:07tell you that the price is rejecting off
5:10of this area and will continue up so
5:13zooming in you can see that from the
5:15bottom to the top it had a lot of
5:17momentum and it broke this previous
5:19structure as the price came down to the
5:22Fibonacci gold zone between the 0.5 and
5:25the
5:260.618 we had a long rejection Wick and a
5:29candle formation known as an inside bar
5:32meaning that the next candle lives
5:34within the entire distance of the
5:37previous candle you can wait for a few
5:39candles of confirmation you can enter
5:41your long position with your
5:43stoploss below the point 618 and your
5:47profit Target should be the previous
5:50high this is the safest and most logical
5:53method to do Fibonacci retracement
5:56entries and take profit levels and stop
5:59losses if you want to be way more risk
6:02averse you can drop your stop loss to
6:06below the previous low the move that
6:09started the swing up that broke the
6:11previous structure cuz if price goes
6:12down to there it's either going to
6:14consolidate or reverse now you can live
6:17with this and be completely comfortable
6:19or you can add a little bit more profit
6:21taking within this but you will be in
6:23trades substantially longer than you
6:25were before as you can see with
6:27Fibonacci retracements you expect
6:30Fibonacci extensions these are standard
6:33deviations of this original move right
6:36here this move that broke the previous
6:38structure one standard deviation of this
6:42this move right here from top to bottom
6:45one standard deviation of it would take
6:48you to a standard deviation above as a
6:51Fibonacci extension the reason I have
6:54the5 and the. 618 is because it is
6:57basically a half of a standard deviation
7:00of the previous move so this would for
7:02sure be your takeprofit one let's say
7:05you take profit on 80% of your trade you
7:07let the rest ride up to the half of a
7:11standard deviation of the previous move
7:14this would be where you take another 10%
7:17off and then a full standard deviation a
7:20full Fibonacci extension would be at the
7:23one standard deviation and that's where
7:25you would close your trade entirely
7:28these are not guaranteed
7:30this one usually is I say usually
7:33because with this type of trading Style
7:36with this scenario you are expecting a
7:39double top or a double bottom for price
7:41to reach the same point and worst case
7:44scenario it starts consolidating now
7:46we've gotten that trade in the bag now
7:48if we continue trading this same asset
7:51we are looking for the next move that
7:53breaks this High Point right here as you
7:55can see on this candle right here the
7:57previous structure was broken the candle
8:00closed above the previous highest point
8:03now what you can do is look for the
8:06momentum move that broke the previous
8:08structure which started here from bottom
8:11to top we did not retrace into the
8:14Fibonacci gold zone so we keep our
8:17measuring tool up and wait for price to
8:20reverse at this point price kept going
8:23down to our Fibonacci gold Zone area it
8:26went substantially further past and re
8:29Ed up this is a long Wick and a nice
8:32bullish candle right here you wait for
8:34the candle to close again stop loss
8:37below the 618 and your target is the
8:40previous High Point or conversely you
8:42can take 80% profits right here and
8:45continue up to the half of a standard
8:47deviation or full standard deviation
8:50above as a Fibonacci extension now the
8:52next high point that price made we're
8:54looking for the move that broke the
8:56previous structure from here to here you
8:59want the momentum move that broke the
9:01previous structure price retraced to the
9:03Fibonacci gold Zone had a lot of
9:05weakness in selling and then a dogee
9:08candle and a candle that engulfed the
9:10dogee to the upside so you take your
9:12long position to the 618 and your target
9:16is the previous high this trade hit your
9:18stop loss because the Deep seek news
9:21came out and instead of losing all of
9:23your money you only lost a little bit of
9:25money now after the Deep seek news event
9:28dropped what was it 6% out of the
9:30markets you continue on this is your
9:33previous structure this is the move that
9:35broke the previous structure top to
9:37bottom Fibonacci gold Zone enter in here
9:40take profit here now the same concept
9:42goes for short positions this is the
9:45move that broke the previous structure
9:47FIB gold Zone retracement take profit
9:50this is now the previous structure this
9:52is the move that broke the previous
9:54structure now this is the previous
9:56structure this is the move that broke
9:58the previous structure the two most
10:00important things I want you to focus on
10:02is where to put your Fibonacci
10:05retracement tool at what candle do you
10:08start and it is the move that had the
10:12fullest momentum non-stop bullish or
10:15bearish candles that broke the previous
10:18structure just put it from the top to
10:20the bottom or the bottom to the top of
10:22that including the Wix the reason why I
10:25don't always Target the Fibonacci
10:27extension levels for my take take
10:29profits is because when you look at this
10:31move this big candle right here was the
10:33one that broke the previous structure if
10:35we measure that out price retrace to the
10:37Fibonacci gold Zone and hit the previous
10:40High made a double top and then started
10:43reversing I like to just worst case
10:45scenario it and just always go with this
10:47because it is one of the safer ones now
10:49this is on a daily time frame on German
10:5140 because this is a really big
10:53consolidation area and I want to show
10:55you that when price is consolidating
10:57Fibonacci retracements aren't going to
10:59work so this is the move that broke
11:01structure top to bottom price came down
11:04and broke that entire standard deviation
11:07then price came down broke the previous
11:10structure but also went and reversed
11:13that entire standard deviation if you
11:15have two back-to-back losses like that
11:18stop trading and draw box just you know
11:22that if you've lost two back-to-back
11:24trades using this strategy you are in a
11:26period of consolidation all you got to
11:28do is remove all of your indicators and
11:30all of your drawings and literally just
11:32draw a rectangle and until it gets out
11:36of that rectangle you do not touch it
11:38unless you're comfortable with trading
11:40consolidation I hate it because it takes
11:42forever it literally takes forever to
11:44get out of consolidation zones now I
11:46know some of you are going to want more
11:48in-depth information things that I
11:50didn't cover in this video if you could
11:52please do me a favor and ask your
11:54questions specifically in the comment
11:56section and I will take the most
11:58relevant questions and I will make a
11:59follow-up part two video to this one now
12:03for the section of the video that most
12:04of you came here to watch and that is
12:07the 1 million subscriber giveaway as
12:09most of you know this channel just hit 1
12:11million subscribers and I wanted to do
12:14something huge as a special thank you to
12:16you guys and so what I did was I
12:17partnered up with funder Pro to give
12:20away a million dollars worth of funded
12:22account challenges to you guys for the
12:24last several weeks people have been
12:26signing up to the giveaway and in this
12:28video we're going to do an announcement
12:29of the people that won so first of all
12:31thank you to everybody that's subscribed
12:34to this channel the people that have
12:35been with me since I was at 500
12:37subscribers and even the people that
12:40absolutely hate my guts I appreciate
12:43every one of you guys so without further
12:44Ado I'd like to introduce to you guys
12:47the CEO of funder Pro Gary Mullen so
12:50Gary I really want to thank you guys for
12:51partnering with me on this giveaway and
12:54also a huge congratulations to you guys
12:57because I heard recently that you're now
12:58in the top 10 of all prop firms in the
13:01entire industry yeah of course uh look
13:04uh you know we've we've been tracking uh
13:07obviously your channel and your progress
13:09for a long time obviously you and I have
13:11have spoken a lot and uh look we're just
13:14really part we're really happy to be
13:16part of this giveaway and I guess your
13:19journey in in terms of growing your
13:20channel and audience and really just
13:22sharing your education with uh with the
13:26world and and all the Traders out there
13:28so we can see uh a lot of people took
13:31part in the giveaway uh and a lot of
13:33people are are just engaging and and a
13:35lot of great Traders are actually
13:36getting through their challenges now so
13:39uh it's really great to see it uh and
13:41good to see that the education is going
13:43to good use yeah it's super nice when
13:45people actually listen to the education
13:47and do the work required instead of just
13:50gambling when they're
13:51trading yeah that's for sure yeah look
13:54of course that's what we're looking for
13:56here in funder Pro as well uh looking to
13:58see good Traders actually you know
14:01coming on and and being safe and
14:02consistent and using that education that
14:04they've gotten to really just you know
14:07Excel and actually get funded and and be
14:09safe and consistent so before we get
14:11into the giveaway I want to give Gary a
14:13second to talk about funder Pro what
14:15they've got coming up in the future how
14:17they grew so fast in the industry and
14:19why and why you guys should actually
14:21consider using funder Pro when you start
14:23becoming a funded Trader yeah thanks
14:25Hardy look we you know since day one
14:30we've just been really pushing to try
14:33and bring a stable environment for
14:36Traders um you might know we've been
14:39providing technology much longer than
14:41we've been a prop firm ourselves and we
14:44just saw the industry and the way things
14:46were going um we saw that there was a
14:48lot of people in the industry that were
14:51just not in it for the Traders they were
14:53in it for the profit of the business and
14:55just trying to to make a quick book um
14:59for us we saw that offering real funds
15:02was the safe consistent way to Pro to go
15:06ahead in business uh and a lot of people
15:08were just not doing that so to a certain
15:11point we almost felt obliged to get
15:13involved and actually just bring what
15:16real prop trading could be because I
15:18think it's such a powerful tool for
15:21Traders that are now going from having
15:25200 bucks in their account to actually
15:27having 50 100 K to trade with and then
15:31using that funding then safely and just
15:35taking small risks don't go crazy you
15:37can make a few hundred dollar a day with
15:40you know 0.1
15:420.2% risk on the market and using that
15:45large Capital at a small risk to just
15:48make that steady constant return and
15:51we've seen Traders now uh in our system
15:54who have over a 100 Trade over 100
15:57payouts um you know for a single Trader
15:59which is incredible they're taking you
16:01know one one two three four payouts a
16:04week and just you know as you say that's
16:08the dream it's getting out of that job
16:10that Dead brain dead job that you're
16:12working and actually just going ahead
16:15and and really you know having that
16:18freedom to work from wherever you want
16:20wherever you want and just kind of
16:22spending those couple of hours a day
16:24earning and then living the rest of your
16:26life uh the way that you want to I
16:29really like what you guys are doing I
16:31like the direction that you're headed I
16:32really like that you guys are using
16:34actual accounts and doing actual payouts
16:36and the fact that people can get payouts
16:38daily if they so choose but I don't want
16:40to keep you here too long I know you
16:42have a busy schedule so let's get into
16:43the giveaway and start spinning that
16:45wheel Let's Do It um so what I'd say we
16:50can do um know let's just freestyle it
16:53here you can give me the amount that you
16:56want the account to be we'll spend the
16:59wheel and then whoever names shows up
17:01they'll be the ones who will get the
17:03that size of account that you chose
17:05sounds good man let's do it uh let's
17:07start off with the $50,000 account
17:11awesome so mmud has gotten that 50k
17:15account uh so what we'll do we'll
17:17capture all of these names uh and we'll
17:20send them an email from our system uh
17:23with that code afterwards so yeah if
17:25your name is selected in this giveaway
17:27just make sure that you check your email
17:29and you'll have all the credentials for
17:30your account all right now let's do one
17:32more 50k account okay our second winner
17:36for a 50k account is going to
17:42be it is going to be
17:45donatas awesome okay I think Arty it's
17:49time to now start going for a bigger
17:51size G sounds good man let's start doing
17:53the 100K
17:54accounts nice so anarie is our next
17:59winner uh what size do you want to go
18:01now let's do one more 100K account then
18:04we can start up in the ante and go up to
18:06the 200ks so now our second 100K
18:11account is going
18:14to in the middle Anis nice congrats
18:17Andis all right we've already done
18:19$300,000 with the funded accounts let's
18:21get into the 200k counts going big okay
18:26Tim Tim is our first winner of a 200k
18:29account Tim congratulations for your
18:32first 200k account all right we're at
18:34500k let's go with another $200,000
18:38account looks like we've got
18:40Oliver Oliver is our next winner huge
18:44congratulations Oliver thanks for
18:45entering the giveaway all right Gary
18:47let's switch it up a little bit how
18:49about you pick the next amount for a
18:50funded account let's do it okay um how
18:54about we try something different why
18:56don't we say
18:58the next person gets two 50k accounts so
19:02that way a lot of our Traders are
19:04running different strategies on
19:05different accounts and so let's do two
19:07Traders two accounts for the one Trader
19:10oo I like that that's a good idea and
19:14Daniel nice so Daniel can try a couple
19:17of different strategies and see how he
19:19gets on nice Daniel good job now you can
19:22try twice and either pass both or have
19:26double the money or you can swing trade
19:28on one and scalp on the other all right
19:30we got $200,000 left in the giveaway
19:32let's do two $100,000 accounts so the
19:36second to last account is going to
19:40Nikolai congratulations Nikolai I hope
19:43this account serves you well so our last
19:46account 100K let's go spin that
19:51is Huma that's awesome Huma good job you
19:55are the last winner and you just got
19:56yourself a $100,000 fund that account
19:58Challenge and that's how quickly you can
20:01give away a million
20:05dollars yeah well look uh I think it's
20:08it's awesome uh I think it's going to
20:10give great opportunity for all those
20:12Traders and really now yeah I guess
20:15what's what's the trading advice now to
20:17those Traders what would you say how
20:19should they tackle that account that
20:21they've now gotten on top of the one
20:23that they're already
20:24trading my advice to you guys is to stay
20:28as consist consistent as possible don't
20:30overtrade don't change up your trading
20:33strategy stick with the thing that's
20:35been working for you keep trading
20:37smaller amounts and risking less what
20:40Gary said earlier about risking less
20:42percent per trade it's going to keep
20:45your account from being close to draw
20:46down you're going to get those
20:48consistent payouts even a 100 or $200 or
20:51$500 a week is extra money in your
20:54pocket which will eventually lead to you
20:57being able to have that Financial
20:58Independence and to be able to quit your
21:00job and have that freedom of time and
21:02freedom of location and always keep in
21:04mind that this is an Investor's money
21:07into you so respect it and treat it like
21:10you would your own child preserve the
21:12capital and you will be able to be a
21:14longterm Trader and stay in the markets
21:16for longer yeah absolutely and uh look
21:21I'll I'll I'll second that from our side
21:24uh you know the the best traders that we
21:26have are the ones that aren't getting
21:29$1,000 to 5,000 or up to $5,000 in a
21:33single payout they are the ones that are
21:36taking $150 they're taking
21:39$300 multiple times a day you know with
21:42us you've got daily payouts and so you
21:44can take as many payouts as you want uh
21:47and we're trying to promote to every
21:49single one of our funded Traders just
21:51take your payout as soon as you make the
21:53money on the market take it out solidify
21:56it and go back in um and so for us we'd
22:00say the same thing manage your risk take
22:02it slow make that couple of hundred
22:04bucks a day and and live the dream
22:07that's some really good advice Gary all
22:09right Gary thank you so much for joining
22:10me today I really appreciate you guys
22:12doing this giveaway with me and I wish
22:14you guys a ton of success in growing
22:17your company and becoming the top prop
22:19firm company in the world yeah and uh
22:22look same thing from our side uh we see
22:25the education that you're doing and it
22:27really you know runs alongside the
22:29values that we have at funer Pro and uh
22:32I'm looking forward to doing the same
22:33thing once you hit 2 million on your
22:35account that would be nice so you guys
22:38heard it here funder Pro is coming back
22:40for the uh 2 million subscriber giveaway
22:43thank you so much for joining me today
22:45congratulations to all the winners if
22:46you have any questions leave them in the
22:48comment section and we will see you in
22:50the next video

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