I just read another Fib Fan system and am confussed so I figured I would show everyone a good system I have watched for a long time. I probably will just show you and not continue with the thread but we will see.....
SYSTEM
SYSTEM
- See a swing on a good 1hr + time frame.
- Place the FibFan on chart as pictured
- If price crosses the 73% fib and closes outside, get ready.
- When candle closses inside 73% fib, enter. (stop above/below swing)
- Manage trade usings swings/fib lines etc as pictured but up to you.
see pics to see some trades and thoughts... and yes, last pic should have been first!
And the name "FibFab"was a damn typo, I meant to write FibFan... It's stuck there now I guess
http://s8.postimage.org/45mraq1v9/fibfan2.pnghttp://s12.postimage.org/xi1zeynv1/fibfan3.pnghttp://s14.postimage.org/537c3gqtt/fibfan4.pngEnjoyhttp://s15.postimage.org/gg9m2f77v/fibfan1.png
"Even if you fall down face first, you still went forward."