Scalperzmania Scalping Technique (Invert) from Malaysia
pon fibo attribute. Right click on Fibonacci and go to Fibonacci levels. See picture below
http://img109.imageshack.us/img109/4739/letak.jpg
Here you can download VEC Scalperz Auto Fibo http://www.mediafire.com/?ujdkjozzjzw
You must be patient to trade following this technique
Yes scapzmalay, can you explain to me why certain types of candles need to be avoided? Are they "inverted hammer" type candles?
BTW, basically, if using your system, if the previous H1 candle was "Bearish" we "Buy" at 50% Fibonacci and if it was "Bullish" we "Sell" at 50% Fibonacci? Is this correct?
If it is bullish, we will wait for it to reach the 50% Fibonacci level before placing a sell order, ritual?
Yes! Avoid certain rejection candles, such as the inverted hammer, where the first candle touches 50% Fibonacci and when the next candle touches 50% again you can open a position order
BTW, basically, if using your system, if the previous H1 candle was "Bearish" we "Buy" at 50% Fibonacci and if it was "Bullish" we "Sell" at 50% Fibonacci? Is this correct?
Yes!
If it is bullish, we will wait for it to reach the 50% Fibonacci level before placing a sell order, ritual?
Yes!
EA example on mt4
http://img820.imageshack.us/img820/2876/samplelv.jpg
Download here
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