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


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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?

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