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Do you know this strategy? Candlesticks: no - Fibonacci, Bollinger: yes

Discussion in 'General Forex Talk' started by KKurt, Nov 18, 2011.

  1. KKurt

    KKurt Private

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    Here in Hungary a guy sells this strategy (in Hungarian) and he says it gives him outstanding results: like a 10 times reward to risk ratio.

    The basics:
    - Trade only on trend reversals
    - Don't use candlesticks
    - Use Fibonacci and Bollinger bands

    Do you happen to know this or similar strategy? How profitable is it for you?
     
  2. Ricex

    Ricex Sergeant

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    ....he's selling that??? wtf!

    Sounds like your chasing after a goose, and I'd avoid any Hungarians selling one.
     
  3. ArielaM

    ArielaM Recruit

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    I am not familiar with this strategy, but it doesn't sound very reliable.
    Of cause I may be mistaken.
     
  4. SilverOne

    SilverOne Private

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    NOw I ve already know that belive only youself it will help you save your money and be responsible for all your mistakes)))
     

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