All language subtitles for TraderFXChibiunzin 601 - 10

pretty much it and you can also
get rid of the background if

0. 5 and one and discount being
the area between 0 and 0. 5 so

future episodes because most
because for the most part I

premium and discount pricing
premium being the area between

had a buy on 840, which as you
can see sits on the 88 level

just use price action I don't
worry myself with fib but it's

and that is basically my use of
Fibonacci short and to the

ideas behind setups now in this
setup here

very good area to actually
build confluences and build

point we don't have to go too
deep with Fibonacci I actually

there if you want to give it a
go it may be useful to you so

low we will then see price came
into that box around the A 8%

Interesting video which is
going to set us up to move into

it's totally up to you if you
want to give that a shot so in

this happening multiple times
if we go down to this area

the next video we will be
talking about the fractal

spoke to you about if you don't
want to bring it in don't worry

benefit to your trading and is
going to help you within your

there 0. 88 and that is my
extreme box so if the market

settings if I just show you
again to add a the 88 level

understand the concepts I've
used it before and I know that

clear 88% retest before selling
off so we connect the high to

cover it here for you to go and
back test if you like that idea

bring into your trading like I
say it's not something that I

lot of profit when the market's
overpriced and sellers all also

trading then go ahead and do
that because it could be very

On the flip side when we're in
a discount price area, that's

Fibonacci does have a place
with this premium and discount

you think that that's going to
be something that will bring

advise for you that if you want
to bring this into your trading

application. So I hope you've
enjoyed this one and I will see

about it we're not going to go
too deep on Fibonacci in the

to sell there because obviously
profit takers are collecting a

nature of the market that's a
very important and very

you want to but I like to keep
that on so that I don't you

removed everything I have 01
and0. 5 and they all use the

the high time frame application
and the low time frame

the the basic concept of
premium and discount pricing

make the next impulsive leg off
movement now that is basically

focus on which is generally
going to be obviously the

smart money approach so to
speak is using premium and

past the 50% mark into the
discount price range before we

what are my Fibonacci settings
then well here they are I

green box and I've just added
88 with bunk a green box there

and time again the 88 is my
favorite use of the fib level

same color to keep everything
neat and then the 88 box is a

know get it mixed up with with
trend lines or liquidity levels

beneficial to you now here's
another one can see the market

and that is all good and then
I've actually got rid of the

much further than the 88
retracement level so if we have

the low and when the market
came into the 88 level that is

nice trade so when we're in an
uptrend connect the low to the

again. So most of the time we
are actually going to push into

failed to tap in here and here
and here into the 88 I actually

and as you can see here we just
came into the premium range but

the premium price range then we
had another sell off breaking

retracement level is basically
the extreme retracement it's a

trend line because I don't like
the way that looks and that's

and bam we tapped in and then
we flew and that was a really

high and then see what those
levels are saying happens time

going to enter the premium
range before selling off again

sometimes we will of course but
for the most part the market is

pricing method so if you want
to go and back test that and

of all the top of the movement
down to the low of the movement

how it works. When the market
is overpriced, people are happy

see an overextended leg of
movement that they can sell

a lot of people also find it
beneficial so I may as well

test that yourself and see if
it's something you want to

in my trading but I do have a
useful tip for you on Fibonacci

or anything like that so that
is my use of Fibonacci I would

but this area just here looks
like it's going to be a very

but you can also of course use
those Fibonacci boxes of

just go and back test those
concepts and those principles I

everything except for the 01
and 50 levels and go and back

a look at this then we had that
first sell off we crossed into

obviously this is all imbalance
price maybe we could try this

area yet this one we just see a
nice premium pricing sell off

there it gives me extra
confidence because usually

now the thing that I personally
bring into my trading is that

retracement and then started to
sell off once again now we see

88 fib level I don't use it so
much for anything to do with

level I've plotted on myself so
I had to change my Fibonacci

the low so if we mark the high
of this leg of movement to the

want to keep you more so
focused on the things that I

provides a very good area to
buy or sell from now the 88

discount pricing. So, if we
mark this Fibonacci retracement

unless the market is going to
break the trend it doesn't go

market structure aspects of
things but as you can see

entries but it's a great
confluence and it actually

where we then began to sell off
okay the 88 level is a very

be useful for many people to
actually work out what is a

fib line and then at the high
you can actually see I have the

massively use but I do think
it's worth covering because I

down to here and then from here
down to the bottom shows

likely that we're not going to
reverse before we do that. Okay

trades into there and I see a
reversal taking place around

into the premium range here
before the market sold off

side if you are buying we are
going to at least come down

now I would advise you to get
your Fibonacci tool strip it of

that premium price range before
we sell off and on the flip

briefly on Fibonacci. Uh it's
not something I use massively

and then when we see price
enter the 50% boundary it is

and I'm also going to show you
the concept of premium and

didn't enter it and then we had
one final sweep which entered

an area where the market is so
cheap that it would be to buy.

So in a downtrend how we use
Fibonacci is market from first

into because the market is
likely to soon see exhaustion.

we said about supply and demand
and why it actually works and

pricing. The high area is
premium. Now remembering what

88 line marked on as well so
this grey area or from the top

premium and discount pricing.
The low area is discount

simple and I just have one
large box separated by the 50%

61878 and so on I don't use
that I actually keep it very

2236 or 32 point I don't know
we'll know what they are but

probably the past which is a
bunch of levels from you know

market front. So, the way we
use Fibonacci in this kind of

basically a bunch of Fibonacci
levels running up you know

trading, you don't really need
to use this concept but it can

good order block or supply or
demand zone to sell or buy the

tool on, you'll see that it
looks different to what you've

discount pricing. Now, I think
when you get further into

Welcome back everyone. In this
video, we're going to talk

you in the next video.