What are Fibonacci Retracements

As per your requests David will take us through a review of Fibonacci Retracements – one of the most common and trusted indicators used by Forex and stock traders alike. Based on the work of an 11th century mathematician and found in many places in nature, this method has a loyal and numerous following.

But David gives us both points of view, as markets aren’t always logical and rational. Fibonacci can be great but there are also risks when using it and you can see them here in real market situations.

At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are higher risk because of leverage.