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The Trading Strategy Behind Elliott Wave DNA from Nicola Delic

Yes – that is right – you will check below the secret trading strategy Nicola Delic from Elliott Wave DNA shared only with selected people. It is called FIB Cash Compass.

FIB Cash Compass might be the easiest way you have ever made money. It’s simple to use and supremely accurate. Basically all you need to do is just install the indicators and follow all of the instructions he has in the report. You can all download this in the link below. There is also a video where he explains everything


Click Here to Download Nicola Delic’s Forex Trading System for FREE

 

So here are some of the most secret forex trading rules he kept hidden:

Buy Trade Rules
1. The FIBCC1 Signal Line must be below the Oversold line with the Histogram bars forming below the Signal Line.
2. Wait for the FIBCC1 Histogram bar to cross and close above the FIBCC1 Signal Line.
3. The candle on the price chart must cross and close above a Fibonacci level.
4. If all of the above conditions have been met, proceed to enter the market with a Buy trade at the open of the new candle.
5. Place your Stop Loss below the most recent Fibonacci level or below the most recent Swing Low.

FibCashCompass BuyExample
6. Place your Take Profit at the next Fibonacci level or the same number of pips away from your entry as your Stop Loss (1:1 Risk/Reward Ratio).
The rules for identifying and entering Sell trades using the Fib Cash Compass is simply the reverse of the Buy trades.

Sell Trade Rules
1. The FIBCC1 Signal Line must be above the Overbought line with the Histogram bars forming above the Signal Line.


Click Here to Download Nicola Delic’s Forex Trading System for FREE

 

2. Wait for the FIBCC1 Histogram bar to cross and close below the FIBCC1 Signal Line.
3. The candle on the price chart must cross and close below a Fibonacci level.
4. If all of the above conditions have been met, proceed to enter the market with a Sell trade at the open of the new candle.
5. Place your Stop Loss above the most recent Fibonacci level or above the most recent Swing High.
6. Place your Take Profit at the next Fibonacci level or the same number of pips away from your entry as your Stop Loss (1:1 Risk/Reward Ratio).

As you can see everything is straight forward – nothing rocket science. The secret is to keep trading this before you find your profit and follow the rules accordingly