Forex strategies revealed | FSR Forum

Forum transfer: Submitted by User on February 6, 2009 - 22:03.

Martingale for Fibonacci Extension:
Place opposite order at 1.618, 2.0 and 2.618 ... use martingale lot increment with 15-20pip gap

Forum transfer: Submitted by Edward Revy on February 6, 2009 - 22:06.

That's the quickest explanation of a system

Forum transfer: Submitted by User on February 7, 2009 - 04:12.

hi look interesting,
but can you post a screenshot?

Forum transfer: Submitted by sam on February 7, 2009 - 17:35.

Very interesting aspects.
A Martingale System is a method of gambling where you double your bet each time you lose. Many EAs and some other forex trading systems use this method.

Now let move forward...could you give me an example how to "play" (or is it better say "investing in"?) this method for about 3 months?..., or have I something terribly misunderstand?
Kind regards
sam

Forum transfer: Submitted by User on April 7, 2009 - 21:00

On the screenshot I put Fractals indicator, which shows all swings high and low, so it becomes easy to connect them by using Fibonacci Expansion tool.

Example 1: price moves up, 3 points ABC were connected. Further up we had a chance to Short at FE 1.618 and later - another chance to Short at FE 2.0

Example 2 (as we speak): again we've connected 3 most recent ABC points with Fib Expansion tool, the price heads down. If it descends to FE 1.618 (which would be approx 1.3226), we will go Long.
Same chance will be presented at FE 2.0 and FE 2.168.

Forum transfer: Submitted by suribaba on May 8, 2009 - 10:45.

Thx for explanation, We are learning a lot from here, thx a ton.