Strategy #1
Updated
Support and resistance from last high and low on the daily timeframe.
Draw a trendline.
Use a fib from the first high/low to the last.
Use a reversed fib to correlate its extensions to the first fibs retracements.
2-3 confluences to take a trade.
100 pip stop loss.
30 pip stop loss for scalps.
Draw a trendline.
Use a fib from the first high/low to the last.
Use a reversed fib to correlate its extensions to the first fibs retracements.
2-3 confluences to take a trade.
100 pip stop loss.
30 pip stop loss for scalps.
Note
18 days, 8% profits.
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