Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

How to use Fibonacci levels on the charts #trading #forex #fibonacci #fyp

28 Jan 2025 · 1 min

Watch on YouTube

0:40

Vladimir Ribakov shows how to draw Fibonacci retracement levels correctly on MetaTrader. The critical mistake traders make: measuring from the trend's end back to the start instead of from the beginning to the end. Get the direction right and your levels will actually work.

Chapters

just explained and how to measure it physically inside MetaTrader. Of course, every different platform will give you different buttons and icons, but the logic is the same. When you take Fibonacci retracement, you need to measure that from the beginning of the trend you want to measure until the end of the trend you want to measure, not the opposite way around. What I see many traders do is they go from the end to the beginning. Absolutely wrong. Okay, so what you will want is again from the beginning towards