*note - sorry forgot to add that i only trade this set up on the gbp/usd,i have never tested it on any other currency*
hiya guys and girls,
firstly can i say nice to be here on forex fisherman and to share my system/method with you,please dont hesitate to be constructive and ask questions,i have now been trading on a live account for almost 9 months and showing profit so i cant complain.the following system/method was born due to the fact that i was still working when i started trading and needed something that was as they call it a "set and forget" well this as close as i could get and has been profitable for me for the past 6 months,i have a couple of different rules that i apply to this system/method,that i will share with you the later on,this set of rules is really simple(as we like)i have posted PICTS BELOW to show how to change the fibonacci retracment levels to give you your ENTRY and STOP LOSS levels,the nice kindly SCORPION is creating an indicator for me (thanks scorpion) to plot the monday levels,which will save a lot of time.anyway on to the rules........
*HERE IS THE STEPS TO TAKE TO CHANGE FIBONACCI LEVELS*