First of all I would like to
thank everybody that made a comment or add a like to my previous strategies. Be
sure that I have many more ideas – original and not just copy from another site
or book. 

 So lets 
go  and see the third   winning

Your vote will make me go on publishing so add comments and put on some



 , any time frame .


On our diagram we put
the EMA 13  and the Fractals ( up and
down ) .

We don’t need
anything else,  just these two things .

Use 1 hour time frame
or higher. The bigger the time frame the less the false signals  .

 -----So our chart is ready.

 Now let us see   how it
works . Don’t think that is something difficult.

 We watch for fractals to being formed. When
the current candle goes up ( penetrates ) the last up fractal  that was formed and we are over the EMA 13 ,
then we open a  long  position. When the current candle   goes
down  ( penetrates ) the last down
fractal and we are lower than  the EMA 13
,we open a  short position.

Now we had our
entrance for long   or short position  and we have to determine our target . That’s  where  we
are using the fibo numbers  putting the  0 % and 100 % to  the  up
and  the down  latest ( formatted ) fractals and target at  the 1.618 %of  fibo.

What about our
stoploss  ? This will be   the
previous opposite fractal or when the candle close below the EMA 13 ( if we are
in long position ) .

 Now let’s see an example : We take the EURSEK
pair and we see that we have a fractal (on the  13.2.2012 , 09.00)  at 8.80195 . After that we have an opposite
fractal (on 13.2.2012 ,11.00 )  at 8.81737.
This formation gets active when the candle of 13.2.201 ,14.00 penetrates down  the 8.80195 and we are below the EMA 13 . We
open our short position and we put our FIBO levels   using
for 0.00%  fibo  the 8.81737 and for 100% fibo  the 8.80195 . Our target is the 161.80%  fibo at 8.79242 . We catch   our
target at the candle  (on 13.2.2012, 14.00)
at 8.79242.

 We could use RSI besides the EMA , trying to
filter the signals or we could use a bigger time frame with EMA, only to
determine our major trend.   Of course
things could be more easier if we don’t wait for the 161.80% fibo  for  our
target  to catch , but just take the
127.2% fibo  that is closer to our
opening . It’ s your call. Another solution is to close partial our position at
the 127.20% 161.80%, 261 .80% fibo.    


So simple .


 Next week  in
the new contest
a new strategy is coming up.

 So what
are you waiting for ….. go on , put a comment , add a like.

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