Saturday, January 14, 2012

Broken Trend with Fibo Levels

strategy based on Fibo levels Only (0 , 38, 50, and 76).
Time frame: 4h and daily Only.
Pairs: all
see the following chart:









Expanation:
1) we need Broken trend line firstly.
2) draw fibo level from High to Low (the last high pre- Broked trend, and the first Low after Broked trend).
3) Enter sell from : 38 and 50 and 61
4) SL: 76 Fibo level.
5) TP: 0 Fibo level.
Very important :
Broked zone Must be above the 38 fibo level(Broked zone= Blue horizontal line).


Sudanfx
Good Luck


1 comment:

ضع استفسارك هنا