This Breakout Trading Strategy Indicator for Forex and stocks using the Fibonacci Spiral is rarely taught, but very effective.
Breakout trading is harder than it used to be because there are so many “False Breakouts” in the markets now. Here’s a little-used Fibonacci indicator for Forex and stocks that can help you determine when a breakout will follow through in the direction of your trading strategy.
Enjoy the video! Leave your questions and comments below!
Make sure not to miss a single video from Barry! Click here to Subscribe:
Forex Trading the ADX Indicator
Forex Trading the ADX Indicator: How to Avoid False Signals and Trade the Profitable Ones.
Sometimes the simple Forex trading indicators are the best. Here's one of the first Forex […]
Backtesting a Trading Strategy
Backtesting a trading strategy: Some serious problems with the entire approach of back testing a trading system.
Backtesting trading strategies for Forex, stocks and futures is very […]
RSI indicator trading strategy, Part 2
RSI indicator trading strategy for Forex, stocks and E-minis.
The RSI indicator and other "bounded indicators" are often mistakenly traded as buy signals when they're oversold and as […]
Trend Trading with Moving Averages
Trend trading with moving averages to help you determine when trends will end.
Moving averages are commonly used to determine the trend of stocks, Forex, futures and E-minis. But […]
Best Market To Trade
The Best Market to Trade, here's how to find it right now.
"What's the best market to trade?" is a question I'm asked all the time! This video gives you the ultimate answer.