Profitable Forex Strategy Trendline Breakout and Fibonacci | Forex
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Profitable Forex Strategy Trendline Breakout and Fibonacci is a simple forex strategy to help you make money. See more video, please subcribe me on youtube here: https://goo.gl/Ecy5M2 In this video, I will show you how to draw a trendline very simple and follow the trend and wait for price to move and confirm our signals before we enter the market. And we use Fibonacci to place Entry level and Stop loss level . #ForexStrategyFastTrack
Comments
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What platform is this
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Hi can you convert your stratigies for vertexfx platform?
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I believe this is a profitable method. It's kind of similar to my method as well. What I do is to find THE BREAKOUT LEG on either H4 or D1 chart like you explained in your video. Then I try to find a good entry point on M15 - H1 chart, but only on H4 or D1 BREAKOUT LEG. This way, day traders using M15 - H1 can avoid bad trades. Thank you for sharing the nice viceo!
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Very Thankful to you....you clear my confusion..thanks Alot
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H1 is also good and Stop Losses are generally tighter, but the lower the timeframe - the more "noise"... this strategy is typically dedicated for higher timeframes...
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Does this work on the hourly?
Thanks