FOREX STRATEGIES
Najarro Fibonacci system
Najarro Fibonacci system
Najarro Fibonacci system
Hello,
I'm sharing this one.
Kurd
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System based on the setbacks of fibonacciI hope that it will serve as a starting point for that are happening modifications and improvements to find insurance.
I use fibonacci levels, although an unorthodox manner.
When I detect a rally, usually with zigzag, the recoil stroke fibonacci with the defaults, 61, 50, 38.23…. As seen in graphics, extend trade inversely as long or short, (can see it in the graphics).
Filter shops with a mere 144 ema on the average price, if the price is above the shops just ema long, if this short, just short trades.
I put a limit on the purchase or sale of fibo level 38, with a take profit in the level 61. Always graphics 1 hour.
If you pass level 38, I maintain that position open and open another at the 23 level, the same batch No, but instead take profit on both the level 50, if exceeded, open again in the level 0, and change the take profit level 38, which I have open at the 38 level cover expenses and provide other benefits, exceeds this level if I close the three positions: This gives me a ratio of 1:3 lost profit, high understand , but I have a 85% of winning positions. The average in 100 operations is a profit of 70 pip per transaction winner (85) and some 210 pip per transaction loser (15). It gives me a result for 2800 pip per 100 operations. When I make a profit at any level close all operations in that couple and I hope the next rally.
This is a problem, and you have to be in front of the chart to make the necessary changes.

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Creator: najarro
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