Learn How I use fibonacci trading retracements with my system on the Forex.One day, in a fx trading forum, a member told me that Fibonacci trading levels didn't work and I was crazy to use it. My currency trading system works and I make money in Forex market. But don't believe me, make a tour on all pages in my website to see by yourself. Fibonacci retracements help me to find a good exit. In my free forex day trading strategy, they are my guardian angels ;-). And no matter if people think I am a crazy guy. There are what I use: +38,2% ; +50% ; +61,8% ; -38,2% ; -61,8%. In fact, only -38,2 and -61,8 are very important to find an exit point. When all my indicators show me a signal (Long or Short), I look for the Low and the High to put my favorite fibonacci retracements. In my free newsletter I explain how I find the Low and the High. If you are new with my ForX trading strategy, go out of your forex trading position when prices touch the -38,2% fibonacci retracement.
Some fx traders use fibonacci levels differently. I try their system but I prefer my forex trading techniques. May be you won't like my strategies for many reasons, so you can get another one among a lot great forex ebooks. I invite you to follow my fx trades to learn all the details about how I use these retracements.
Domino, I love currency trading !!!
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