{"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"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/43623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=43623"}],"version-history":[{"count":4,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/43623\/revisions"}],"predecessor-version":[{"id":43627,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/43623\/revisions\/43627"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/39779"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=43623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=43623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=43623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}