ilmscore | Prediction Details
"what we could do here is create some kind of trend following strategy, so we broke below closed below this previous wing low right here and since we did that, we can say alright ill take a fibanachi retracement from swing high to swing low and i will sell the 618 retracement every time the market breaks below structure and retraces up to the 618 i sell with stops just above previous tructure and targets as before at about a 1 to 1"
By The Trading Channel (The Trading Channel) | November 15, 2015 | Pending
From video
Tutorial [Forex Trading] How to backtest a trading strategy 00:17:21 - 00:17:56
Interpreted Prediction
A trend following strategy is proposed: after breaking below structure and a swing low, sell at the 618 Fibonacci retracement with stops above previous structure and targets at a 1:1 risk-reward ratio.

Prediction Details

Topic
Trend Following Strategy

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