Hey friends!!
My friend told me that using the Fibonacci tool in conjunction with price action is the most successful trading method. I'm attempting to investigate and learn about it.
This is not true because no indicator or indicators are better than others but it depends on our understanding on them, how fulfill we are from how they make us feel and the profit we make from them as against others. IMO I prefer price action than Fibonacci. Fibonacci is more of a biase indicator that you only draw based on your trading subjectivity and what you feel with the market but most times it doesn't come that way and you need to draw another chasing the price chart.
Can someone suggest a good instructional video or book to help me learn both?
Thank you!!
No matter the spectacular kind of video you watch, you need your own training by yourself to help you better understand what you are trading. You don't need to ask for such video because no one is better than others, you can only use them for learning process or learning sake. Therefore, you can search on Google.