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when you're looking for sales
quite a simple quite simple to
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27 there's there's been a lot
of studies around Fibonacci and
3
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zone would also be 0. 618 but
that's a further further area
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again this is for premium as
well so just flipped this is
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one of the older blocks that
we're going to be looking at if
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understand so no need to
complicate it yeah so this is
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if you're going off the Fib
strategy just targets minus 0.
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because I understand everything
you know just by looking at the
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this is one of the key areas
that you aim for the next prize
10
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looking for the lowest or the
high areas as possible. Um in
11
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is but anywhere below here is
fine do not I mean as much as
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area you're going to be
entering as low as possible and
13
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because we've got that point of
interest right at the bottom
14
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then the place you're going to
be aiming for is the next
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quite a simple thing to
understand you're going to be
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going to be aiming for lower
lows so premium and discount
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like I say you're going to be
looking for buyers in this key
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terms of my Fibonacci obviously
I don't use it as much now
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higher high same thing as well
for premium as well you're
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Fibonacci of zero point eight I
can't remember what number it
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rejection of stop loss right
below you been taken out
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come back to that area so this
is the key thing you need to
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as you develop your strategy I
mean personally I don't even
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understand when you're in when
you're buying from a discounted
25
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don't try and enter anywhere
less than the 50% zone and then
26
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because you're in an uptrend so
you're sure we're not going to
27
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continue from the last one so
this the low and this the next
28
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area here. I would say
somewhere less than the 71 fib
29
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put the fibs on now because I
understand market structure and
30
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straight away and this one key
one key thing you you need to
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enter straight off of that
price doesn't return to it
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understand that discounted area
will help you so many times and
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chart but especially if you're
just learning at the moment
34
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possible depending on what
price is showing you but really
35
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low that we're looking at we've
got even more discounted area
36
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all the way down to the number
one. Uh you could even put on a
37
00:03:03,023 --> 00:03:08,103
discounted and premium areas
another example is here just
38
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anywhere less than the 50% so
if you guys know how to use
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one with the three lines on
Trade Invew if you have trouble
40
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0. 71 anywhere below that is
perfect for me because if
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than the 50% it's technically a
discounted area me personally I
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you could just look it up on
online but it's the Fibonacci
43
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you're going to enter off the
50% okay cool we got one tiny
44
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certain points of interest but
I'm just telling you this is
45
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for example I mean we're
going to be looking at our
46
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buy things at a cheaper rate so
you can not make a profit but
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break even point or it doesn't
return to hit your stop loss so
48
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what we're going to be trying
to look to look for is the
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you're really looking if you're
in an uptrend and you're
50
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always look for this area right
here anywhere less than 0. 618
51
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tool and I'm going to be giving
my settings as well soon but
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looking for buys anywhere above
the 50% you're most likely
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Fibonacci it's on Trade Invest
on I think is Believe it's the
54
00:02:04,543 --> 00:02:07,183
for that what we're going to be
looking for is anywhere less
55
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not spend as much but in this
case we're trying to make a
56
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price. You know when you're
going to the shop what do you
57
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going to be taken out let's
just look at this example here
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that's called the discounted
area because it's discounted
59
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want? You want the best
possible discount so you can
60
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lowest possible area for us to
buy now what that Usually is is
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the reason is if you're looking
if you're looking for buys
62
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So what do I mean by premium
and discount? So like I said
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at in this lesson is premium
versus discount areas.
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profit of course. Now discount
area you could say it's
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uptrend we're looking for
discount areas to buy because
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Yes, hello everyone. So welcome
to the third lesson of first
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you're just going to be looking
for the best possible area so
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higher low and then a higher
high broke that up so we could
69
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say we're in an uptrend at the
moment so when we're in an
70
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if you get into that entry
price doesn't return to your
71
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areas. So what do I mean by a
premium area? Or a discount
72
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area for example. So as you can
see in the last one we just
73
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is we started to get this high
this low lower high higher
74
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marked out all the highs and
the lows. Now what we can see
75
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highs and your lows. Once you
get these areas identified is
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this thing called premium
premium areas and discount
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from the last lesson in market
structure mark out your your
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part the technical strategy. So
what we're going to be looking
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premium and discount areas
7397
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