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The Fibonacci "ABC" Profit System

The document describes the Fibonacci "ABC" Profit System trading strategy. It was created by Leonard Shaw, Alberto Pau and Don Gulzaar Russell and is based on Fibonacci numbers found in nature and financial markets. The strategy identifies swing points A and B to determine Fibonacci retracement levels. Trades are entered if the price touches the 5 period moving average and 0.382 retracement level, and the 0.618 level is not broken, with stops placed at the 0.618 level and targets at the 1.618 expansion level. The authors claim this system allowed inexperienced traders to increase their profits from 10 pips to over 132 pips per week with little risk.

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577 views5 pages

The Fibonacci "ABC" Profit System

The document describes the Fibonacci "ABC" Profit System trading strategy. It was created by Leonard Shaw, Alberto Pau and Don Gulzaar Russell and is based on Fibonacci numbers found in nature and financial markets. The strategy identifies swing points A and B to determine Fibonacci retracement levels. Trades are entered if the price touches the 5 period moving average and 0.382 retracement level, and the 0.618 level is not broken, with stops placed at the 0.618 level and targets at the 1.618 expansion level. The authors claim this system allowed inexperienced traders to increase their profits from 10 pips to over 132 pips per week with little risk.

Uploaded by

deanjov
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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The Fibonacci

ABC Profit
System

Learn the Secret Code that took a handful of totally inexperienced traders from 10 pips a week to 132+
pip trades with little to no risk
http://TheFiboCode.com

The Fibonacci ABC Profit System


Thank you for downloading this system. Im Leonard Shaw and together with Alberto Pau and Don
Gulzaar Russell, we are offering you a Free system inspired by the Fibonacci numbers sequence, which
can be found all around us in nature. The Forex market is no exception from this, therefore you can
dramatically increase you trading results once you master it.

Leonard Shaw, Alberto Pau and Don G. Russell

Learn the Secret Code that took a handful of totally inexperienced traders from 10 pips a week to 132+
pip trades with little to no risk
http://TheFiboCode.com

SETUP:
Time frame: any over 5 min and less than 3-4 hour charts.
Currency pairs: any.
Indicators: 5 period Moving Average
RULES:
Look at the price waves. Find the most recent swing high and the most recent swing low - these
are the Fibonacci A swing and B swing.
Using the Metatrader tool Pull the Fibonacci retracements from A to B.
To know which direction to pull (up or down) simply look at the trend; if it is unclear, find
appropriate AB swings and set Fibonacci in both directions.

Once set, wait and watch the retracement from AB swing to unfold.
During the retracement there are three conditions to be met in order to consider trading:
1. The price must touch the 5 MA.
2. The price must at least touch 0.382 Fibonacci retracement level.
3. The 0.618 Fibonacci retracement level must not fail. Here it means the price should not close
below (uptrend) / above (downtrend) 0.618 retracement line. It can touch or poke it, but the
level must withstand the "attack".

LONG ENTRY POINT:


When all three criteria are met, enter once the candle is clearly closed above 5 MA

SHORT ENTRY POINT:


When all three criteria are met, enter once the candle is clearly closed below 5 MA
Lets call the entry point, point C (excluded from the chart below for sake of clarity, varies according to
when you place the trade).

Learn the Secret Code that took a handful of totally inexperienced traders from 10 pips a week to 132+
pip trades with little to no risk
http://TheFiboCode.com

STOP LOSS:
Place the stop loss always 4-5 pips above (downtrend) / below (uptrend) the 0.618 Fibonacci
retracement level.
TAKE PROFIT:
Place the take profit 1.618 Fibonacci expansion levels above / below point A.

Learn the Secret Code that took a handful of totally inexperienced traders from 10 pips a week to 132+
pip trades with little to no risk
http://TheFiboCode.com

Good luck,

Leonard Shaw, Alberto Pau and Don G. Russell

Source: proprietary research adapted from Forex-strategies-revealed.com

Learn the Secret Code that took a handful of totally inexperienced traders from 10 pips a week to 132+
pip trades with little to no risk
http://TheFiboCode.com

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