Do you know this strategy? Candlesticks: no - Fibonacci, Bollinger: yes

[bankroll]

My thread was mysteriously gone so I have to open it again:

http://indo-investasi.com/showthread.php/16005-My-thread-quot-Do-you-know-this-strategy-quot-has-been-deleted-Why

 

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Here in Hungary a guy sells this strategy (in Hungarian) and he says it gives him outstanding results: like a 10 times reward to risk ratio.

 

The basics:

- Trade only on trend reversals

- Don't use candlesticks

- Use Fibonacci and Bollinger bands

 

Do you happen to know this or similar strategy? How profitable is it for you?

[hermes]

Candlestick can make it only stronger because of more confluence! Probably in Hungry they don't understand candlesticks yet?

This strategy is described in the "Simple easy 7 strategies" (here on forum) but with trend lines not BB.

Hermes

[forex93]

Bankroll-

 

The forex world is full of scammers and apparently Hungary is not immune if he's claiming a 10 to 1 reward to risk.

[peterpiak]

Pls. share the system, it is very interesting.

[peterpiak]

Bankroll, pls. give the link for this system.

[bankroll]

Peterpiak, they don't have a link yet. It's an offline course at the moment.