Forex Surfing

By Robert Borowski

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Forex Surfing

The author explains how he devised his system, explaining, "When I first started trading FOREX I fell in love with using "Fibonacci" analysis. I found, as many others would agree, that Fibs are really quite powerful to catch serious profits. The problem I experienced, however, is that most of the Fib trades would require big stops that I wasn't prepared to risk at that time (I had a tiny $ account). Just like the cliché, "necessity is the mother of invention". I was reluctant to risk a big stop as would normally have been required to do the trade properly, so I tried to figure out a way to jump into a trade with a far smaller stop. My initial theory was to wait until the market hit the 0.618 of a big Fib and then when it started going back up (or down if shorting the market) I'd look for a little Fib to catch. I came up with a number of variations to this strategy but this is not exactly what this eBook is about. ... download the eBook to read more

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