OHHH kind of ingenious

Fibonacci Retracement Scalping Strategy

haha yes I still use CPP every day but this setup doesn’t look right

Fibonacci Retracement Scalping Strategy

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Fibonacci Retracement Scalping Strategy

I prefer M5, but the market is fractal, I believe a system like this exists on most time frames

Fibonacci Retracement Scalping Strategy

I'm currently focusing on this style. CHoCH aggressive break through and quick pullbacks. Feel free to experiment with any style though, as I believe this simple concept is the great starting point for a profitable setup. Just make sure to use .70 ...

Fibonacci Retracement Scalping Strategy

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Fibonacci Retracement Scalping Strategy

In my last post I uploaded a screenprint of it. Smart Money Concepts - change structure to CHoCH only and turn off everything else

Fibonacci Retracement Scalping Strategy

image image You can change the settings here to show BOS or CHoCH

Fibonacci Retracement Scalping Strategy

These "shorter" setups seems the most profitable to me. A CHoCH created by an aggressive move and price quickly pulls back, creating a short term setup image It's also how a profitable trader I follow uses this system as well image

Fibonacci Retracement Scalping Strategy

Just different ways to observe market structure behavior

Fibonacci Retracement Scalping Strategy

Perfect! I’m currently looking at pullbacks after CHoC and BOS and seeing the difference

Fibonacci Retracement Scalping Strategy

I played around with the 50% too, I like that as well.

Fibonacci Retracement Scalping Strategy

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Fibonacci Retracement Scalping Strategy

following HTF market structure

Fibonacci Retracement Scalping Strategy

currently up $120

Fibonacci Retracement Scalping Strategy

Approaching

Fibonacci Retracement Scalping Strategy

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Fibonacci Retracement Scalping Strategy

GBPUSD loss

Fibonacci Retracement Scalping Strategy

exiting

Fibonacci Retracement Scalping Strategy

GBPUSD Buy triggered

Fibonacci Retracement Scalping Strategy