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Forex exchange trading-Fibonacci golden zone

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Forex exchange trading

Forex exchange trading. (Fibonacci Golden Zone.)

Fibonacci golden zone strategy is a good, non-repaint system. You can use this forex trend trading system for any time frame of any currency pairs. This system has a Fibonacci golden zone indicator & Fibonacci golden zone dashboard.

Fibonacci is one of the best indicators for forex exchange trading. Fibonacci golden zone is between the 38.2% and 61.8%. This is a very important area when forex trading. When the price reached the golden zone indicator will issue an alert.

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How to trade with this strategy – Sell trade

Forex exchange trading
  1. Find the forex market trend. Confirm downtrend.
  2. Wait the price goes to the golden zone(38.2-61.8). At that time indicator will issue an alert.
  3. Check the dashboard price is below the golden zone of time frames.
  4. Wait until the price reached 61.8 retracement line & then candle must close below 61.8 retracement line.
    If all the above conditions met you can enter to sell trade.

How to trade with this strategy – Buy trade

Forex exchange trading
  1. Find the forex market trend. Confirm uptrend.
  2. Wait the price goes to the golden zone(38.2-61.8). At that time indicator will issue an alert.
  3. Check the dashboard price is above the golden zone of time frames.
  4. Wait until the price reached 61.8 retracement line & then candle must close above 61.8 retracement line.
    If all the above conditions met you can enter to buy trade.

Stop loss
Place stop loss to 100% Forex Fibonacci retracement line.
Take profit
At buy trade, place take profit to swing high line.
At sell trade, place take profit to swing low line.

Free download Forex Fibonacci Golden Zone.

Forex exchange trading
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