A Practical Guide To Swing Trading

Forex Fib Trading ——-A-B-C-D Trade

Chart Intervals

Trigger 1-min
Optional Indicators
Fractal
ADX Cross
Gann Hi-Lo Activator
Ichimoku
Heiken Ashi
Keitner Channel v1
FX Sniper’s Ergidic CCI & Trigger
Forex Freedom Bars
MTF Heiken Ashi

 

Adjustments

Add 78.6 fib
Add price display to each fib line. Type in %$ after fib number.

Rules (you can use other breakout entries including break of S/R and channels):

1)London Breakout method. Measure hi/lo from Asian session (Box). Usually, entry is after candle closes outside of that hi/lo Box, the 5-min candle for example.

2)Place Stop-Loss at A) last pivot on 5-min…or B) exit when 5-min candle closes inside of the Box. Remember to factor in spread on Stop-Loss.

3)Size number of lots based on your max risk. If you are using exit B, you must set a stop-loss of a certain number of pips as a safety net. You can use something like 10 pips inside the box (plus spread if any).

4)Target profit based on fib extension from 5-min chart’s last move. If last move was small (less than about 30 pips), usually fib extension will hit 1.618% (FE 161.8%). If last move was large, target smaller level of 1.000   ou can move the stop-loss when market reaches the FE 100% extension and you either A) target the 1.618% fib, or B) take partial profit at 100% and balance at 1.618% fib

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File Type: PDF
Pages:39

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The mechanics of short selling are relatively simple, yet virtually no one, including most professionals, knows how to sell short correctly. In How to Make Money Selling Stocks Short, William J. O’Neil offers you the information needed to pursue an effective short selling strategy, and shows youith detailed, annotated chartsow to make the moves that will ultimately take you in the right direction.

From learning how to set price limits to timing your short sales, the simple and timeless advice found within these pages will keep you focused on the task at hand and let you trade with the utmost confidenc

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