Fibonacci Swing Strategy
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Thread: Fibonacci Swing Strategy

  1. #1

    Fibonacci Swing Strategy

    Account number 1600911
    Investor password NVf6K8Ex
    Server: RoboForex-Demo
    Type: Fibonacci with Swing
    Working Timeframe: M15,H4
    Currency pairs: GBPUSD, EURUSD, EURJPY, USDJPY, GBPJPY

    Description of strategy:
    This strategy is essentially in the opening position using Fibonacci levels with the help swing high and swing low for the withdrawal of Fibonacci lines . For M15 time frame you can add a 66 period Moving Average indicator . Swingzz and indicators for withdrawal of reference . But Time Frame for the H4 does not need to use the indicator , simply Fibonacci retracement .

    Rules for Open Position :

    - If the price consistently below MA66 we only think to look for opportunities SELL vice versa if the price above the MA66 .

    - Determine point swing ( can be with the help of indicators swingzz (only for TF M15, please download the attachment ) , then pull the Fibonacci lines from two point swing , to pull down trend from point swing high to swing low point , to pull uptrend from point to point swing swing low high .


    - Entry point in the 61.8 % Fibonacci point and SL at 100 % Fibonacci point ( Give 5 pips distance from the point of 100 % in order not to hit SL in case of a double bottom or double top ) , TP at the point of Fibonacci 23.6 % or 0 % .

    How To Entry Sell :

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    How To Entry Buy :

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    Entry Point TF H4

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    Money and trade management:


    With Fibonacci Retracement, Risk and Reward ratio we would be good at least TP = SL or even better TP> SL.
    Last edited by Value trader; 05-05-2014 at 06:45 PM.

  2. #2
    Short EUR/USD
    Order 68041974
    Entry price 1.3874, stop-loss 1.3893, take profit - 1.3829, exit price 1.3893 by stop loss
    Outcome -19 pips (-190 USD)

    Corresponding Fibonacci retracement lines, is already showing signs to SELL EUR/USD, but the passage of time turns touching the Stop Loss price.

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    Short GBP/USD
    Order 68042106
    Entry price 1.6874, stop-loss 1.6926, take profit - 1.6845, exit price 1.6927 by stop loss
    Outcome -53 pips (-530 USD)

    Corresponding Fibonacci retracement lines, is already showing signs to SELL EUR/USD, but the passage of time turns touching the Stop Loss price.

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  3. #3
    Long GBP/JPY
    Order 68202084
    Entry price 172.33, stop-loss 171.69, take profit 172.64, exit price 172.64 by take profit
    Outcome +31 pips (+304.73 USD)

    Corresponding Fibonacci retracement lines, is already showing signs on level 61.8 to BUY EUR/USD, and take profit to level 23.6 price 172.64

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  4. #4
    Hi! How is it going? I've seen that you were not active for a while. Yet your strategy might be interesting for those who like harmonic trading. We expect you to get back on track :)

  5. #5
    Trader
    Join Date
    Aug 2013
    Location
    Undercover
    Posts
    1,000
    You have just made three trade for the contest. You know according to the rule you have to make at least 5 trades to show your strategy. I think still a lot of time left for the contest. You better you start trading and keep updating. You screenshots are awesome. So keep trading and update the thread frequently.

  6. #6
    You may Logon to financial markets AND ALSO make your own trade transactions from at any place in the world. Moreover, your own mobile terminal gives an individual your own opportunity pertaining to technical analysis ALONG WITH graphical visualization involving financial instruments. Completion of any trade dealings is actually treated within strict confidentiality AND ALSO is actually absolutely secure.

    - - - Updated - - -

    Candlesticks will be the indicator throughout forex trade. i support for you to forex traders regarding good trade. It indicate for the peoples about market movements. forex traders will probably trade with forex trade effectively through the EMPLOY of forex indicators . Candlesticks would be the Simplest indicator pertaining to successful trade throughout forex market.

  7. #7
    Banned
    Join Date
    Nov 2013
    Posts
    14,748
    Do you know the beauty of this trading system? The beauty of it is the combination of the swing trading with the Fibonacci trading system. The both are more powerful to stand alone with out combination, but it will even be better when they are combining in the market. To e sure that you are making money with this, let your stop loss be very little.

  8. #8
    Quote Originally Posted by nkhan2810 View Post
    You have just made three trade for the contest. You know according to the rule you have to make at least 5 trades to show your strategy. I think still a lot of time left for the contest. You better you start trading and keep updating. You screenshots are awesome. So keep trading and update the thread frequently.
    She has made 5 orders, but he left the order open on eur/usd without a stop loss, I think he has left this thread. I hope he can come back to update this strategy. Because although the results are are less good, but there may be people who are interested to learn this strategy. Current market may not be friends with this strategy, so I think do not be disheartened to continue this thread.
    Quote Originally Posted by silverlady View Post
    Do you know the beauty of this trading system? The beauty of it is the combination of the swing trading with the Fibonacci trading system. The both are more powerful to stand alone with out combination, but it will even be better when they are combining in the market. To e sure that you are making money with this, let your stop loss be very little.
    He set entry point in the 61.8 % Fibonacci point and SL at 100 % Fibonacci point. I think it's not very little stop loss.
    If you lose, be patient. If you win, stay humble

  9. #9
    Trader
    Join Date
    Jul 2014
    Location
    Signal Provider
    Posts
    143
    AUDUSD BUY AT 0.9420 TP 100 PIPS stop loss 0.9369

    WILL BE COMPLETED TOMORROW ITSELF Already opened trade

  10. #10
    you utilize only intended three trade because of its contest. people know according to the rule you should make a minimum of several trades to be able to show your current strategy. we think still many day left because of its contest. a person superior people delivery trading AS WELL AS keep updating. you screenshots tend to be awesome. consequently keep trading AND ALSO update the thread frequently.

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