Fibonacci for setting Take Profit
June 20th, 2009
If you use a manuel strategy to complement your robot strategy using FAP Turbo or MegaDroid you should use the Fibonacci tool to set stop loos and take profit levels.
Here’s a cool video that clearly shows how to set take profit levels with Fibonacci.
This is very useful for manuel trading and you should use this with the Forex S 2.5 strategy.
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This video is the last video of 3 on :
http://www.forexrobottrader.com
You’ll find some very interesting information on Don Steinitz’s “Steinitz Fractal Breakout” indicator.
Happy and profitable trading to you all.
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Tags: forex, forex robots, forex trading, manuel strategies, megadroid, Other Forex Software, trading strategies
July 3rd, 2009 2:26 pm
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May 7th, 2010 10:36 pm
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June 19th, 2010 1:30 pm
Here is a good review of FAP Turbo forex trading robot. I bought FAP Turbo over a year ago and it has proved to be profitable.
June 19th, 2010 1:34 pm
This FAP Turbo review picks apart FAP Turbo and give the forex robot a good points and bad points rating, found this very useful in making my decision to purchase.
FAP Turbo Review
June 20th, 2010 10:57 pm
Good old Fibonacci! Every time you think that you’ve seen the last possible use for it, here it comes with a new use. Good post - good blog
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