Fibonacci And Moving Average

Basic Fibonacci Understanding
In general, Fibonacci is a method of mathematical calculations coined by an Italian mathematician, Leonardo Fibonacci Da Pisa. Calculations using Fibonacci will often be encountered in trading, so we should try to understand it.

Fibonacci Retracement
Fibonacci retracement indicator will be very useful when the market is trending. The basic idea of ​​this indicator is to buy in the Fibonacci retracement support level when the trend is rising and sell at Fibonacci retracement resistance level when the trend is down.



When Fibonacci Is Failed
This sophisticated Fibonacci also does not always lead us to the right path. Let alone the ideals achieved, which is precisely our account that melanglai. Especially if we do not do risk management before. Wow, can ya? So, how is this? In this class, we will reveal the dark side of the Fibonacci.

Combine Fibonacci with SR
One of the best ways is to combine Fibo by looking at potential support and resistance levels and then see if they are in the direction of Fibonacci retracement levels or even deviate.

Combine Fibonacci with Trendline
One of the great tools to pair with the Fibonacci tool is trendline or trendline analysis. As we already know, Fibonacci levels will work best when the market is trending, so is not it?

Combine Fibonacci with Candlestick
In combining the Fibo tool with candlestick patterns, what we need to look for is actually an exhaustive candlestick, meaning deep candlestick.

Fibonacci Extension
We can determine the extensions of Fibonacci extension (Fibonacci Extension) by doing three steps 'click' with our mouse.

Placing a Stop With Fibonacci
In this class, we will learn some techniques to install stop loss when we decide to trust Fibonacci levels as our "assistant" in trading.

Understanding Basic MA
Moving averages is a simple method to read price movements. There are different types of moving averages and each has different levels of price movement readings, but they have the same characteristics.

Simple Moving Average
The simple moving average is calculated by adding the last period of "X" at the closing price, then dividing it by X. Confused? Do not be confused, let's go to this class!

Exponential Moving Average
Exponential MA or Exponential moving averages, or EMAs, are concerned with the most recent period, the third, fifth, and fifth day prices. Let's discuss in this class.

SMA vs EMA
We must have heard the story of rabbits and turtles. The fable of the two animals is the easiest analogy for comparison between the two types of moving averages. Using EMA makes us likely to catch false signals during the price consolidation period. Meanwhile, with a simple moving average what we get is the reverse.

Applying Moving Average
One of the ways of moving averages is to help us determine trends. We can also try to use more than two moving averages on the chart. Provided the lines are in accordance with the order.