{"id":43623,"date":"2019-09-11T09:16:26","date_gmt":"2019-09-11T14:16:26","guid":{"rendered":"https:\/\/www.t3live.com\/blog\/?p=43623"},"modified":"2019-09-11T09:16:26","modified_gmt":"2019-09-11T14:16:26","slug":"sami-abusaad-fibonacci-retracements","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2019\/09\/11\/sami-abusaad-fibonacci-retracements\/","title":{"rendered":"Fibonacci Retracements: Do They Work?"},"content":{"rendered":"<p>Many traders use Fibonacci-based retracement levels in their trading.<\/p>\n<p>But does it make sense to do so?<\/p>\n<p>Maybe not&#8230;<\/p>\n<p><iframe style=\"border: none; overflow: hidden;\" src=\"https:\/\/www.facebook.com\/plugins\/video.php?href=https%3A%2F%2Fwww.facebook.com%2FT3Live%2Fvideos%2F2435788206513827%2F&show_text=0&width=560\" width=\"560\" height=\"315\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>In this video, Sami explains:<\/p>\n<ul>\n<li>Why he doesn't use a precise 50% retracement level<\/li>\n<li>Why a 40-60% retracement level range makes more sense<\/li>\n<li>How these levels can set up various patterns, including double tops<\/li>\n<li>How Sami uses retracements to set up buys and sells<\/li>\n<li>Why he doesn't like Fibonacci levels<\/li>\n<\/ul>\n<p>So if you're tempted to use traditional Fibonacci replacement levels &#8212; watch this video first.<\/p>\n<p>Sami's got a unique take you need to hear.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many traders use Fibonacci-based retracement levels in their trading. But does it make sense to do so? Maybe not&#8230; In this video, Sami explains: Why he doesn&#8217;t use a precise 50% retracement level Why a 40-60% retracement level range makes more sense How these levels can set up various patterns, including double tops How Sami uses retracements to set up buys and sells Why he doesn&#8217;t like Fibonacci levels So if you&#8217;re tempted to use traditional Fibonacci replacement levels &#8212; watch this video first. Sami&#8217;s got a unique take you need to hear. &nbsp;<\/p>\n","protected":false},"author":21,"featured_media":39779,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[644],"tags":[],"class_list":["post-43623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sami-abusaad"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fibonacci Retracements: Do They Work? - T3 Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.t3live.com\/2019\/09\/11\/sami-abusaad-fibonacci-retracements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fibonacci Retracements: Do They Work? - T3 Live\" \/>\n<meta property=\"og:description\" content=\"Many traders use Fibonacci-based retracement levels in their trading. But does it make sense to do so? Maybe not&#8230; In this video, Sami explains: Why he doesn&#039;t use a precise 50% retracement level Why a 40-60% retracement level range makes more sense How these levels can set up various patterns, including double tops How Sami uses retracements to set up buys and sells Why he doesn&#039;t like Fibonacci levels So if you&#039;re tempted to use traditional Fibonacci replacement levels &#8212; watch this video first. Sami&#039;s got a unique take you need to hear. &nbsp;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blog.t3live.com\/2019\/09\/11\/sami-abusaad-fibonacci-retracements\/\" \/>\n<meta property=\"og:site_name\" content=\"T3 Live\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-11T14:16:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2019\/05\/strategic-swing-trader-wide-image-template-DARK-1200x628-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1599\" \/>\n\t<meta property=\"og:image:height\" content=\"837\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sami Abusaad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sami Abusaad\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/blog.t3live.com\/2019\/09\/11\/sami-abusaad-fibonacci-retracements\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/blog.t3live.com\/2019\/09\/11\/sami-abusaad-fibonacci-retracements\/\"},\"author\":{\"name\":\"Sami Abusaad\",\"@id\":\"https:\/\/blog.t3live.com\/#\/schema\/person\/930a8e4a2ecb978b0b4d8a9af57f9998\"},\"headline\":\"Fibonacci Retracements: Do They Work?\",\"datePublished\":\"2019-09-11T14:16:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/blog.t3live.com\/2019\/09\/11\/sami-abusaad-fibonacci-retracements\/\"},\"wordCount\":102,\"publisher\":{\"@id\":\"https:\/\/blog.t3live.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/blog.t3live.com\/2019\/09\/11\/sami-abusaad-fibonacci-retracements\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2019\/05\/strategic-swing-trader-wide-image-template-DARK-1200x628-1.jpg\",\"articleSection\":[\"Sami Abusaad\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blog.t3live.com\/2019\/09\/11\/sami-abusaad-fibonacci-retracements\/\",\"url\":\"https:\/\/blog.t3live.com\/2019\/09\/11\/sami-abusaad-fibonacci-retracements\/\",\"name\":\"Fibonacci Retracements: Do They Work? 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