Reader Comments

Fibo Quantum Scalper

by Shanu Sweet (2019-07-05)

There are literally hundreds of tips that I can Fibo Quantum Scalper Review give you. I'll focus on one filter that I incorporate in every single trading system that I develop. In fact, if you use this tip in your Forex trading, any trading system that you use should experience an improved winning percentage. This tip is so simple that many of you won't believe it, yet it is one of the most powerful filters that I use in my own trading. I never make a trading decision based on a spiky candle, unless very special conditions are met such as a reversal candle or an inside bar. By spiky candle, I mean that the shadows, or wicks of the candle make up more than 50% of the overall size of the candle. To clarify that, if a candle is 100 pips from the high to the low, I want the real body of the candle to be at least 51 pips. I know this sounds over-simple, but trading isn't rocket science. Each candle is the graphic representation of all buying and selling that took place in that session. When a candle has long shadows (wicks), it indicates that there was a lot of indecision in the market. I'm not interested in making a trading decision when the market is undecided.