The Trading Tools

Pair: ANY PAIR, but preferably those with lesser spread, and/or with higher volatility. And for discussion purposes, we will be using EURUSD more often than the other pairs, as this is our personal favorite.

Timeframe: 1h

Fibonacci: levels 0, 100, 75, 125




Moving Average 1: 3 smoothen MA (green color)
Moving Average 2: 8 simple MA (red color)

The rules are really simple.

When the GREEN MA is over the RED MA, the sentiment is "buy"
When the RED MA is over the GREEN MA, the sentiment is "sell"




As with the fibonacci, we actually need the 125% level as the TARGET PROFIT point, and the 75% level as the STOP LOSS level. Notice, both values are QUARTER, thus the name FX QUARTER FIBONACCI!

The "secret" is in how we plot the fibo lines.