When trading in the direction of the trend, the most profitable way to do so is to wait for a pullback – a temporary change in direction against the trend, before it continues on.
How do you know when the pullback is over? The 79% strategy uses a combination of Fibonacci, fractals and swing highs/lows to find the optimal point to enter into a trade.
This course will show you how to develop decision making using discretion when drawing Fibonacci levels and how to find a market direction, as well as a good entry point.
The second module contains the baby 79% pullback pattern. This pattern builds on the principles of the 79% pullback pattern, however, it is adapted to allow you to enter into counter-trend trades. Due to the minimal risk, the risk to reward is often better than the standard 79% pullback pattern.
By taking this course, you will learn:
We believe in a world where people manage their own money. That’s why we have been building one of the largest online learning platforms for you to learn from the best traders, investors and personal finance gurus out there. Learning to trade, invest and manage your money is a serious task, at the same time it’s fun and much easier when someone shares their knowledge with you and brings you to a level where you can make your own experiences and learn by being active in the markets yourself while speaking with others in a community.