Tutorial Fibunacci tool tutorial

[Minenhle]

People should place the fibunacci tool from swing high to swing low when buying and swing low to swing when selling. Always enter a trade at 60 zone and take profit at 100 zone. Thank me later

 

[SANTOFX78]

interesting back testing this, though some pictures would have been helpful for traders new to the tool.

 

[erynade]

i'm interesting but please provide the picture so i can learn

 

[SANTOFX78]

this strategy works for retracement trading using the Fibonacci retracement tool not the extention tool.

and just an addition this should be in a trending market

 

[Melu747]

People should place the fibunacci tool from swing high to swing low when buying and swing low to swing when selling. Always enter a trade at 60 zone and take profit at 100 zone. Thank me later

Correct