BradMatheny

Part 2 - Fibonacci Price Theory on SPY 60 Min (Deeper we go)

Formación
AMEX:SPY   SPDR S&P 500 ETF TRUST
After 25+ years of research, study, and application of some of the most incredible trading strategies - I'm sharing one of the MOST IMPORTANT structural price theories with all of you...

The Fibonacci Price Theory.

The primary rule of the Fibonacci Price Theory is:

Price is ALWAYS seeking NEW HIGHS or NEW LOWS. Price is never NOT attempting to reach NEW HIGHS or NEW LOWS.

Let that sink in for a minute.

If you knew price was always attempting to establish a trend, or continue a trend.. how would that change your trading/investing tactics?

What if I showed you how I use Fibonacci Price Theory? And how YOU can use it to further your own trading skills?

Here you go, A 60 minute SPY chart where I'm applying the basics of Fibonacci Price Theory to the current market price rally.

If you've ever wanted to learn the TRUE CONSTRUCT of price - this is it.

All other technical analysis techniques (Elliot Wave, Indicators, & others) are constructed from PRICE.

Price is the Ultimate Indicator.

Pay attention and follow my research.

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