QUOTE(Emily Ratajkowski @ Aug 29 2020, 11:38 AM)
What is your advantage of this fibo musang? Does it follow good trading basics?
I am quite a conservative trader, I don't simple enter a trade based on signal, most of the time I enter only the price reached 4.236 and reversal signal formed, and I only trade H4, most of the time the strategy works, but the problem is, the exit point, we can't really know if the price will reached 1.618, 2.618, or even 4.236, you either picked 1, 2 or all 3. but by doing this, the RR ratio, adding up with winning rate, will make the final result good at some times, and bad at some times, and ending up either you win a little, lose a little.
Wonder is there is any consistence Fibo Musang traders here, mind to share your trading plan?