BIG RALLY BREXIT BULLSH*T and ADVANCE TRADING IDEAS

Finally GBP get out from boring grinding moves for weeks. More important thing is I want to document a new strategy and maybe a breakthrough of Trading World...

This is 5min Hang Seng Chart because I am too lazy looking for Forex Example.

We learn about magnet and stuff using fibonacci and TMA and here is what I found just now.

Instead of waiting the market to create new high so we can draw the fibo, why not projecting the high/low using the fibs???

We know that 62 area is a good retracement magnet before price resume the trend. Exploit this knowledge with this strategy:

1. Look for liquidation gap and stop loss spots between the high and low
2. Draw the fibs line so the gap and stops area rest nicely at 0.62 zone
3. Look at the new made high/low looking for more confirmation if price may reverse from the zone ( TMA, HERD AREA, or Other Oversold/Overbought Indicator)
4. Wait for the Price to Reach the 100% fibs area before do the counter trade
5. After the trade wait for the price reach the sweet 62 zone to take profit