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Old 02-27-2007, 11:06 PM
leveragefx leveragefx is offline
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Join Date: Feb 2007
Posts: 61
Here's a great example of using Fibonacci Profit Targets with our Heat Maps to INCREASE your probability of a winning trade.

Normally we buy the 1.382 Fib Target but as you can see in the Forex heat map the CHF is the weakest currency. KNOWING that the CHF is so weak we wait for the 1.618 Fibonacci Profit Target to get hit and the market immediately reverses up 35+ pips!



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Last edited by leveragefx : 06-30-2007 at 07:30 PM.
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