100 Pips in Under 25 Minutes - Easy as ABCD! (Forex Trading)

I believe I commented on this once before... first every example is from actual live trades, second your entry is NOT at C (C is for finding D, your target), your entry is usually some time AFTER C as you can only see it after it forms. On our website we have lots of free videos which detail exactly how to find, time out, and confirm those entries. Fibs are not (by themselves) a complete system, they are a tool for finding targets. A complete system takes a bit more than 10min to teach. :)

Correct me if I am wrong, but the price doesn't actually retrace back to the 61.8 fib (i.e. you couldn't have entered at 237.75 because it didn't retrace back to that price) If so this is an imaginary trade. A trade that I would have taken if I had been there or if it had actually reached the 61.8 fib retracement.

@timwharton44 depends

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forex is a scam business. the only ones winning 5% on it are the market seller, brokers and banks, for this reason i am out from this business held by devil. i am different markets now

watch my channel for more video's about daytrading and read reviews about different brokers.

I personally like a faster 5,3,3 setting - but I also confirm overall direction with a higher timeframe.

Keep in mind you don't need to relocate... you just need an address and need to receive a bill or credit card statement there. Or an offshore company/trust.

Please visit our website (YouTube does not allow links in comments but it is on the video titles) and go to our free Trading Academy... there is a webinar there specifically on placing and trailing stops.

very interesting. if you believe in that ABCD strategy, why dont you gamble all your money on forexy and triple your money?