First of all, I want to apologize for my English, I'm using google translator. I want to share my system and discuss ideas. Well, the system is quite simple and is used in the chart from one hour to the previous day. (can be used for longer periods). You will observe when the price breaks the high / low of the previous day and go up to 123.6. When this happens, trace a fibo from the last maximum / minimum until the break and place pending orders at 38.2, 50.0 and 61.8, with exit at 23.6 Important! If the price is at 38.2 and back at 23.6, cancel the orders of 50.0 and 61.8, as the market has already shrunk I will give you some examples of trading with this system. I will also provide an indicator that traces the fibo from the previous day. Repeating, hit 123.6 after breaking the high / low of the previous day, trace the fibo. The stop can be placed at 100% or where they find the most comfortable. I know that the risk is greater than the return, but this system makes very little
- Joined Nov 2013 | Status: Member | 1,536 Posts
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