Fibonacci and Super Signal trading strategy

I want to introduce a simple and profitable trading strategy which utilize Fibonacci and Super Signal indicator. This Fibonacci and Super Signal Trading Strategy already give me nice result for the last few trading days

The idea of this trading system is to follow the current trend. If the trend is up, we wait for a pullback before we open a BUY position. Here is the example of this Fibonacci and Super Signal trading strategy

 

Here is the strategy in details:

First, we must have yellow arrow on top and green arrow on the bottom. These arrows are used to draw the Fibonacci. If we want to buy, we must draw Fibonacci from Yellow arrow to Green arrow. The 100 level must be on top (this is our target) and the 0 level on the bottom (See the picture above).

Next, we wait the price to break the level 61.8. When price break this level, most of time it will hit the 100 level. So far this strategy works pretty well. The same method if we want to SELL. We draw fibonacci from the Green arrow to the Yellow arrow. Open SELL when price break level 61.8 and the target is level 100.

Thanks for reading and enjoy trading.