Fibonacci Strategy

Hi all,

I am new here, and to the forex world. I just began trading a live account about a month ago, after trading on sim for a couple months before that.

I’ve always used and been attracted to using fibonaccis and have had good profits in the past on simulator and some on my live account but don’t have a real concrete strategy in place ( i would always just set an order on a fib retracement line and come back later and most of the time i would be up… i know terrible :))

I’m just wondering if anyone knows or could share a concrete/rule based fibonacci strategy or give any direction to a newbie trader? :slight_smile: