Saturday, January 28, 2012

Trade with Fibo Levels Only

Strategy based on Fibo levels Only (0 , 38, 50, and 76).
Time frame: 4h and daily Only.
Pairs: all
How to trade:















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

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