# Video tutorial: Trading with Fibonacci levels

By John C Burford Sep 20, 2011

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Welcome to my latest spread betting video tutorial. This week, I want to deal with the basics of Fibonacci theory - I will explain some more advanced methods in a later video.

Fibonacci was an Italian mathematician born almost 750 years ago. And it’s quite remarkable that the theory he developed in the 13th century is still used today to give us insights into the growth and decay of natural systems - such as financial markets.

Fibonacci theory can be a very powerful tool. It can give you vital information on where to enter a trade when trading in the same direction as the prevailing trend. Instead of guessing where to get in to a trade, can give you fairly precise entry points in advance.

In this video, I will explain:

• What Fibonacci theory is;

• How to use the Fibonacci tool in your spread betting platform;

• Some basic ideas you can use right away in your own trading.

• If you’re a new reader, or need a reminder about some of the methods I refer to in my trades, then do have a look at the rest of my introductory videos:

• Don't miss my next trading insight. To receive all my spread betting blog posts by email, as soon as I've written them, just sign up here .

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• #### 1. Mike

From the perception of someone such as myself (who had never seen fibonacci in action before) this is crystal clear compared to the written explanations that I have read about. A very interesting and useful video John, thanks.

• #### 2. Paul.J

A nice clear Video again John, thank you.

• #### 3. KenN

Very clear and simple explanation with nice examples. Thank you once again!

• #### 4. Rob

Probably the clearest explanation of Fibonnacci levels I have seen so far, with some useful additional inputs (e.g. 'pigtails'!)

• #### 5. Anna

Very clear and easy to understand. Best explanation of Fibonacci I've ever heard. Excellent thank you!

• #### 6. hamid

John thanks very well explained.Will let you know how used them.

• #### 7. Ian McMaster

I would like very much to attend your workshops ,but as I am located in the Highlands of Scotland would find it a tad expensive .I have watched your introductory videos and find them extremely informative . However this seems to raise as many questions as answers . Can you suggest a possible solution .
Perhaps a video of your workshop ,with a corresponding charge could be considered .
Ian

• #### 8. Ann

That was extremely useful; again as one who hasn't used fibs before, easy to understand and concise. Thanks