November 23, 2011
- in Uncategorized by schooloftrade
Day trading strategy uses Fibonacci retracements for easy profit targets
This morning was incredible. We had a rough and sloppy day on Monday, but we stayed confident this morning and followed our trading plan for over 280 ticks of profit. Another example this morning of how important it is to NEVER let one bad day wipe you out!
Today’s day trading strategy uses a price channel and Fibonacci retracements to find the highest percentage trading opportunities on any market we wish to trade.
If you missed the trade room on Monday, here are the trades we took.
