How to Give the SL with the help of Fibonacci

Most newcomers are confused in which put a stop loss (SL) is right. Or how to order stop loss does not quickly moved by the price. The stop loss is often placed the novice trader directly touched by the market, even though they had just applied it.

A similar thing is happening not just on a buy position, but sell well. So, how about actually putting the proper stop loss?

There are some indicators that could help you to place a stop loss. One of them is the Fibonacci retracement. The trick is quite simple, you just need to put them level on Fibonacci lines fit, so the market is not going to be able to easily hit Your stop loss.

First of all, you pull the lines following the direction of the trend. If trend direction happened to be down the line, then You should join the downward pull of matter. Conversely, if the direction of the trend is moving up, then you have to draw the line up. The bottom line is wait and observe the movement of the boom.

When the direction of the trend is already visible, you can put the SL as the example above. You can place it far from the Fibonacci levels. So if the market prices, the turmoil was not going up on Your SL. Although pergerakaan Fibonacci levels and stop loss almost adjacent, but if the position that you apply pas, then trading you can certainly be saved.

Posted by Unknown on Monday, February 2, 2015 - Rating: 4.5

Title : How to Give the SL with the help of Fibonacci
Description : Most newcomers are confused in which put a stop loss (SL) is right. Or how to order stop loss does not quickly moved by the price. The stop ...

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