Forex Training

Fibonacci and market structure

Training

Basics Part #2
Swing Trading Sniper Settings
0.618 - 0.705 - 0.786
- Were trying to measure to most
significant Price swings/big price
moves
- If we can find the right price swings
from one point to another we can
put ourselves in highly profitable
trading scenarios
- You can use these levels on any
timeframe even a 15 min and
30min
Personally I only focus on the deeper
Retracement levels on the Fibonacci
I use this only on the daily - 4hr
and 1 hr time frames

Practice this on a 1 day and 4hr chart

Look for relative market structure

Look for big price swings from a high to low or from a low to high.

Using the fib measure these price move for discount or premium entry zone
High Probability Entry Zone with Fibonacci
61.8 - 78.6 becomes an entry zone
An area we would expect price to be bought from

Entry Zone
Discount

Zone of Risk
High Probability Entry Zone with Fibonacci

61.8 - 78.6 becomes an entry zone

An area we would expect price to be sold from

Zone of Risk

Entry Zone
premium
 Discount vs premium

• When looking for buys we want to see price trading in

a discounted area on the fibonacci

• When looking for sells we want to see prices trading

in a premium area on the Fibonacci

• Using this with market structure on to most

significant price swings/big moves on time frames
like daily and 4hr make for very probable scenarios
Finding the right Swing low to Swing
high price moves to measure can lead to very rewarding price movements.

Daily and 4hour charts are

best to start practicing

Swing High

Discounted Price Zone

From the low to the high we see price return/retrace

Swing Low Back to the low inside the discount % zone
The best swing trade setups will come off
the daily and 4hour charts bigger moves build
from these 2 times frames consistently.

These setups take time to form and

will not Be there everyday.
Swing High

Discounted Price Zone

Swing Low
Fibonacci Extensions are used for Targets

Fib Extension

Swing High

Discounted Price Zone

Swing Low
 - 27.00 Extension

Swing High

Discounted
Price Zone

Swing Low
 Swing High

Price rejects right off 0.618

On the Fibonacci

Swing Low

Don’t worry about making things

perfect if this is new to you just focus on
daily and 4hr charts thats it.
 Swing High

Price rejects right off 0.618

On the Fibonacci

Swing Low

At first your not going to know what lows

or highs to draw from, its all about practice and
Seeing these things over and over again.

The more you draw these and practice the better

you will become At knowing which lows or highs to measure from.
 Swing High

Swing Low