Courses › The STT Strategy: A Proven System for Every Timeframe
Using Fibonacci with the STT Concepts
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What this lesson covers
Fibonacci levels are useful when everybody applying them is drawing the same thing, and useless when they are not. This lesson sets the standard for the Sniper Trading Technique. Daniel works through three things in order: which specific levels and lines to use, how to draw them so that your chart matches everybody else's, and how the levels are then used within the wider method. The emphasis on consistency is deliberate, since two traders using different anchor points on the same market will reach opposite conclusions and neither will know why. Each point is explained slowly and separately, and the lesson is best treated as a reference to return to whenever a Fibonacci reading does not agree with what the rest of the analysis is showing.