Hi my Dear Dukascopy friends. Today I am going to show you my new Fibonacci strategy. There are many ways to trade with Fibonacci but, I have new Fibonacci strategy that the best way to gain money on EUR/USD. The Fibonacci was developed by Leonardo Pisano. He developed simple ways that today’s use everyone. But I am going to show you new one. Let’s begin with this Fibonacci Forex strategy. When a market has moved a uptrend we are going to replace 6 or 7 buy stops and when a market has moved a downtrend we are going to replace 6 or 7 sell stops like a picture .
UPTREND

TIME FRAME 4 HOURS

  1. We are going to add 3 Fibonacci retracement levels
  • 11
  • 77
  • 88


1. Then we must catch uptrend position
2. The last we are going to place buy stops
3. Put STOP LOSS 200 PiPS
4. PUT TAKE PROFIT the next Fibonacci retracement levels


DOWNTREND

TIME FRAME 4 HOURS


1. Then we must catch downtrend position
2. The last we are going to place sell stops
3. Put STOP LOSS 200 PiPS
4. PUT TAKE PROFIT the next Fibonacci retracement levels

Please try it in demo account several times. Dear my friends if you have any question about strategy dont hesitate to write my inbox Feel Free
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