The Fibonacci ABC Profit System

Learn the Secret Code that took a handful of totally inexperienced traders from 10 pips a week to 132+ pip trades with little to no risk http://TheFiboCode.com

The Fibonacci ABC Profit System

Thank you for downloading this system. Im Leonard Shaw and together with Alberto Pau and Don Gulzaar Russell, we are offering you a Free system inspired by the Fibonacci numbers sequence, which can be found all around us in nature. The Forex market is no exception from this, therefore you can dramatically increase you trading results once you master it.

Leonard Shaw, Alberto Pau and Don G. Russell

Learn the Secret Code that took a handful of totally inexperienced traders from 10 pips a week to 132+ pip trades with little to no risk http://TheFiboCode.com

SETUP:
Time frame: any over 5 min and less than 3-4 hour charts. Currency pairs: any. Indicators: 5 period Moving Average RULES: Look at the price waves. Find the most recent swing high and the most recent swing low - these are the Fibonacci A swing and B swing. Using the Metatrader tool Pull the Fibonacci retracements from A to B. To know which direction to pull (up or down) simply look at the trend; if it is unclear, find appropriate AB swings and set Fibonacci in both directions.

Once set, wait and watch the retracement from AB swing to unfold. During the retracement there are three conditions to be met in order to consider trading: 1. The price must touch the 5 MA. 2. The price must at least touch 0.382 Fibonacci retracement level. 3. The 0.618 Fibonacci retracement level must not fail. Here it means the price should not close below (uptrend) / above (downtrend) 0.618 retracement line. It can touch or poke it, but the level must withstand the "attack".

LONG ENTRY POINT: When all three criteria are met, enter once the candle is clearly closed above 5 MA

SHORT ENTRY POINT: When all three criteria are met, enter once the candle is clearly closed below 5 MA Lets call the entry point, point C (excluded from the chart below for sake of clarity, varies according to when you place the trade).

Learn the Secret Code that took a handful of totally inexperienced traders from 10 pips a week to 132+ pip trades with little to no risk http://TheFiboCode.com

STOP LOSS: Place the stop loss always 4-5 pips above (downtrend) / below (uptrend) the 0.618 Fibonacci retracement level. TAKE PROFIT: Place the take profit 1.618 Fibonacci expansion levels above / below point A.

Learn the Secret Code that took a handful of totally inexperienced traders from 10 pips a week to 132+ pip trades with little to no risk http://TheFiboCode.com

Good luck,

Leonard Shaw, Alberto Pau and Don G. Russell

Source: proprietary research adapted from Forex-strategies-revealed.com

Learn the Secret Code that took a handful of totally inexperienced traders from 10 pips a week to 132+ pip trades with little to no risk http://TheFiboCode.com