What We do? We understand that there are people who need another source of income apart from their monthly salaries or their returns from their businesses. Getting income from one stream can be very risky. We also understand that there are some with money in their banks just sitting there wishing they could invest it on something that brings better returns than the 4% interest per annum the banks offer. So where do we come in? Good question. We take those idle funds and put them into work,trading in where we are very good at -The foreign exchange market. At the end of the month,we return your capital with interest which you can put back into the system or request to be transferred to your bank. It's that simple!!. Interest could be as high as 18% or more depending on the Investment plan you choose ---------------------- Our Mission? Our mission is to help make you wealthy by putting those spare money of yours into good use leveraging our wealth of experience and contacts in diversified investment including forex and binary tradings.

Fibonacci Crypto Trading Strategy

entry image

Fibonacci Crypto Trading Strategy

An Overview of the Fibonacci crypto trading strategy

Fibonacci ratios represent a sequence of numbers, with each number representing the sum of the two prior numbers. Introduced by Leonardo “Fibonacci” Pisano, an Italian mathematician, the Fibonacci ratios used in trading are derived from mathematical relationships between numbers in the sequence.

As a result, the main Fibonacci retracement levels are: 23.6%, 38.2%, 50%, 61.8% and 78.6%, with the three central numbers, namely 38.2%, 50% and 61.8?ting as key levels.

In addition to the retracement levels, traders also use Fibonacci extensions to predict where future waves of the trend will go. Unlike retracement, which is used to determine support and resistance levels of the pullback, extension levels aim to show us where the price may head once the main support/resistance is broken. 

The three key Fibonacci retracements are the key for this strategy. The stronger the initial trend is, the milder the retracement is expected to be. Essentially, the basic idea behind this strategy is to buy on a retracement at one of the key Fibonacci support levels when the market is trending up, and vice versa.

This strategy can be classified under the “ride the trend” trading approach, as the price retraces to a previous price level before resuming in the direction of its trend.


Read More Here