i am long now from 1.3579 and be already lets se if we get another high breakout above 1.3617
Testing Future Channel Prediction System 4 replies
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Dislikeddidn t worked stopped out 30 pips in profitIgnored
DislikedGood to see some people have learnt a thing or two about fibonacci, but there is nothing new in this system as everything is still the same on how price relates to fibonnaci phases, and the trick still remains which phases to draw up the fib levels or as always which direction, the answer to that is that all fib levels could reversal levels but usually when some levels are crossed then you can expect price to reach the soso next fibonacci.Ignored
DislikedHere is the chart of my trade last night, Risk/Reward / setup explained..
50.0 = 1.3597