Mark Deaton – The Fibonacci Breaout System Total size:644 KB Contains:1 file
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Fibonacci Reversal Break-out System This system has some relatively straight forward rules to follow. I will apply this system to a 10 min. chart and show you the buy and sell signals and triggers.
If you would like to apply the set-up to a different time frame feel free to do so. A glance at the past and a study of a reasonable time frame will tell you immediately how well the system will perform in that time frame. All that is required for the system to perform well is good volume and liquidity. I tend to lean toward emini’s or the QQQQ, SPY, XLE, XLF and OEX to name a few.
These are highly liquid huge volume etf’s / funds. The more volume the more reliable technical patterns we can expect. You will love this system because it provides plenty of trades and its very simple to follow.
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Mark Deaton – The Fibonacci Breaout System Total size:644 KB Contains:1 file
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