You have seen the trading strategy at work – understanding how it works should reduce fear when trading and assist you in becoming a more profitable trader.
Grids are traded in the direction of the trend and can be traded using multiple time frames. The greater the time frame the bigger the targets.
Grids allow us to enter a trade at pre-determined levels with fixed take profit and stop loss levels and then will allow us to trail the stop loss once we are in the money which reduces risk.
This strategy works best in trending markets:
- Place stop orders in the market with stop loss and take profits at predetermined levels.
- Trail the stop loss levels as the strategy moves into profit.
- Aim for the next Fibonacci level.
- Works on all local and international markets and in all time frames.
YOU WILL RECEIVE:
A one-on-one workshop with an experienced trader over zoom at a time that is convenient to you.
YOU WILL LEARN:
- The basics of Fibonacci numbers.
- Where to place the Fibonacci retracement levels.
- Where to enter at trade, where to place a stop loss and take profit level and when to trail the stop loss.
- How to identify the trend using moving averages.
- How to trade the retracements in the market using the Fibonacci levels.
Receive an expert advisor that you will drop into your chart, and it will automatically provide you with the Fibonacci grid levels for the session (terms and conditions apply).
THE COST:
Once off payment of R 2500-00.
For more information or to book a time please contact Ryno on 068 570 8873
Terms and conditions:
The expert advisor will only work on a trading account opened using the link provided with our preferred regulated liquidity provider.
OPEN A LIVE TRADING ACCOUNT
https://go.tradenation.com/visit/?bta=242&brand=tradenation&utm_campaign=Ryno
Disclaimer: Trading foreign exchange and/or contracts for difference and/or spread trading on margin carries a high level of risk and may not be suitable for all investors. The risk of loss in trading can be substantial, carefully consider the inherent risks of such an investment considering your financial condition. There is no guarantee that you can replicate the success shown on this website. Neither at present, nor in the future shall we provide any financial advice to you or any of our customers and no information which may be found on our website/platform may be considered as financial advice for any purpose whatsoever. The Systems Traders recommends you seek advice from a separate financial advisor. By using our services, you consent to doing so at your own risk