Entry at 139.01. Take Profit target 139.60. Stopped for loss.
K.I.S.S.
K.I.S.S.
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DislikedFibonacci Strike Trade "Short" at the break of this 4 hr pin. Target 119.65
K.I.S.S.Ignored
DislikedK.I.S.S.Fan's Fibonacci Strike Technique
K.I.S.S.Fan's Fibonacci Strike
Here are some opinions/observations that I have formed after trading for some time. All of these are based on personal experience. I will be adding notes here as time moves forward in order to more clearly explain/improve the trading experience of the "Fibonacci Strike Technique". Most of my personal experience has been guided by the great posters on Forex Factory. When I say "Great" posters I mean the oneswho have started threads that stand the test of time here....Ignored
DislikedCongratulations on your technique. I also plot s&r and trade candle patterns from those areas. I noticed that fib levels often end up where I am plotting my s&r from the weekly and daily. I plot mostly weekly and use it for daily and 4hr. Anyway, I discussed this with another senior trader but he hasn't responded-almost like he ignored it (we chat about other things so maybe he thinks I'm crazy).
My objective was to trade price action from my fib levels without marking up my charts. I've also found some use with fib fans as well. Anyway, keep...Ignored
DislikedI would like to enter this trade long IF prices comes back to test the monthly/daily low. Long at 88.81 and TP at 89.87.
K.I.S.S.Ignored