Dislikedcase study day2 {image} Yesterday i forgot to send this picture, i will trade at every fibonacci lvls. Red Dot 1 = End price High Red Dot 2 = End price Low 61.8 is a start price For those who can not understand fibonacci, pls. go take some basic lessions in this forum. result {image} Although this method can be applied to all symbols, better use it on those Major pairs and popular corss pairs(EJ GJ EG...etc)Ignored
Hi jon,
guess most of us understand fibonacci. Drawing fibonacci sometimes subjective to draw high and low. I see you will do 0.02 sell and 0.01 buy if you foresee the price will go likely to go down, vice versa. Is this based on personal judgement?
And what if the price move out from the range of Red Dot 1 and Red Dot 2? And what's the lot size you place for each grid step of 4.8pips. There are so many questions yet to answer in detail.