Fibonacci forex strategy

fibonacci forex strategy

simple trading strategy. Real-life examples of trading price action at horizontal levels. When price is obviously bouncing back and forth between a horizontal support and resistance level, we can wait for price to hit one of the boundaries of the range and then watch for price action signals forming there. Adsenseyu1, i am optimistic because whatever I need to learn and practice I can get easily. Its not that complicated to learn this pattern. Facebook, twitter, google, pinterest, whatsApp, table of Contents, the forex 1-2-3 price action pattern trading is most simple yet powerful forex strategy youll ever find. Existing trend, higher high, higher Low *Break out of 2 (green line results in strong continuation of price to up direction. We didnt get a lot of signals in this range, but there were at least three good pin bars that formed off the support of the range that traders could have made some very good money.

Horizontal levels provide us with a confluent area to trade from, but they are not the only factor of confluence that I look for; the more factors of confluence you have lining up with a price action signal the better. But, I know many people can succeed and support com work at home jobs in texas earn huge income from this. Do share comment below if you like this! At first, I thought it impossible, but it didnt. Get a large income is my dream.