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Surefire Forex by Mark McRae is a trading system based on Fibonacci retracements and involves looking at 3 indicators to make sure that you are not trading against the trend. You then use a calculator (the Risk Probability Calculator: see here), to see if the trade matches your risk/reward profile. If it does, you can […]
Sure Fire Forex Trading (Mark Mcrae)
Surefire Forex by Mark McRae is a trading system based on Fibonacci retracements and involves looking at 3 indicators to make sure that you are not trading against the trend. You then use a calculator (the Risk Probability Calculator: see here), to see if the trade matches your risk/reward profile. If it does, you can decide whether you want to enter the trade or not and you have a profit target provided for you - it is a pretty simple trading system.It is also well suited to the beginner forex trader: a simple way of trading and a trading system that doesn’t over promise but delivers good gains over time. The Risk Probability Calculator is an excellent excel program which will basically tell you the best place to enter the market, the best place to place your stop loss and will give you a forecast of where to take your profit. ...
