保持简单愚蠢（KISS）-下一代！！ (Keep It Simple Stupid (KISS) - The next )

Just played around with using the Fibonacci tool in a "simple" way"

I know that you are supposed to look for reversal candles around the 50, 68% levels, however, there are a number of times when they can retrace to 31.8 or lower.

So the Kiss solution - wait until the fib level is at - or exceeded 100%!!!

That way, you have illiminated most (if not all) the doubt.

True you may well be losing out on lots of move, but hey if you are going to use the fib tool, you are looking for a move to the 161.8% point.

I have just used this twice - for 25 pips and 15 pips

The second I also added another "kiss" principle - key levels.

I waited for the price to reach 10 pips around the ".00" level - to ensure there is strength in the move.

The next levels from there are .25 then .50 .75 and so on.
This was an additional caution to my trade, as I would have entered 15 pips earlier using the 100% method!

The added beauty of this, is that typically the move is relatively quick once it has hit the 100% mark, whereas for the 68%, you could have significant "chop" before reaching the 100%.

REMEMBER... If you HAVE correctly picked a fib then, then it MUST cross the 100%!!!!

Notice on the chart the exit point - quite easily in this instance that would have been a new entry point as well after the second climb (which ended at the first climbs' 168%)