1 Minute Fibonacci Scalping Strategy Backtested 100 TIMES

Fib retracements work so often, and I'm

going to show you exactly why. I'm also

going to show you how to mark them up

properly, when they don't work, and why.

And I'll even show you 100 back tested

trades from London session all the way

through to New York session. No fluff,

just straight up data, the entire

strategy with step-by-step instructions.

It's the way trading education should

be. Fibonacci levels aren't magic.

They're just math. But they work because

millions of traders watch them. The 0.5

and the 618 levels show up again and

again because they're areas of natural

human behavior. Hesitation, pullback,

and re-entry. When price impulsively

moves in one direction, it rarely goes

straight up or down. It pulls back. And

those pullbacks often land inside of

this golden pocket. That's where

liquidity builds. That's where big

traders enter and that's where we

strike. Now, let me walk you through

exactly how I draw Fibonacci

retracements step by step. Here is your

checklist. Please make a screenshot of

this. Identify the impulse move. Swing

low to swing high in an uptrend or swing

high to swing low in a downtrend.

Confirm the break of structure. Draw the

fib tool from the start of the move to

the end of the move. Wait for price to

pull back into the 0.5 to 618 zone. Look

for entry triggers, candle patterns,

continuation wicks, engulfing setups, or

set a limit order at that 618 level.

However, here is the golden rule. Never

draw fib setups in a choppy range. You

need a clear impulse, a structure break,

and an obvious trend. If you don't see

it, skip the trade. This is exactly when

fibs fail. Just like every tool,

Fibonacci fails sometimes, usually in

these three scenarios. Scenario one, no

clear trend. If price is sideways,

you're drawing fib levels on noise.

Scenario number two is going to be news

events. Major spikes can ignore all

levels. You'll see this occasionally

with a 100 pip candle. And scenario

three, low volume times. Outside of

London or New York session, price is

pretty sluggish and fake outs are very

common. So here's the rule. Only trade

Fibonacci during the high volume

sessions, London open to New York close.

Anything outside of that, you're

gambling, not trading. Here is the exact

setup that you're looking for and

exactly how to set up a Fibonacci

retracement tool. First of all, you are

looking for a trending market. You want

price to be going in either direction

and not flat. On the left hand side, you

will see a toolbar. The third icon down

is your fib tools. The first option is

going to be fib retracement. Put a star

next to it so that it shows up in your

favorites toolbar. Now the things that

you want to focus on is the market

structure, the high points and the low

points and you want to include the wicks

in these low points because that is

going to be your market structure. So as

you can see this right here did not

break the previous structure. There was

no candle closure below it. You have to

wait for an impulse move that breaks

structure and you have to watch this

move play out until the price starts

retracing heavily. You want a heavy

retracement and you want to take your

Fibonacci retracement tool from the top

of that move to the bottom of that move

in a downtrend. These are my settings

for the Fibonacci retracement tool. I

have six levels marked out. The 0ero,

the 0.5,

the 1, the 0.618,

the negative 0.5, and the -1. Everything

else is turned off. No trend line, no

extend lines left. I've also removed the

background just to make it very clean.

As far as the levels and the text, I

have them set as values and to the

right. That way, the levels show up

right here on the right hand side of my

fib tool. And the only area that I'm

focusing on, I've changed the color to

orange so that I can clearly see it. The

best way to do this is to set limit

orders. You set a limit order at the 618

with a stop-loss just above the one and

a takerit at the previous structure.

That will give you a 1:1.6

risk-to-reward ratio. And keep in mind

the time this is literally at the start

of the mixed session for New York in

between London and New York session.

High volume, high volatility will give

you good momentum swings. And to

understand why you should avoid news

events, it's because there is no clear

structure when you see a monstrous

candle like this. So if you're trading

casually in the markets and the price is

just moving down slowly and then you see

one of these, you know that it was a

news event. Now let's do the same

example in an uptrend. We had previous

structure here and we had an impulse

move that broke the previous structure.

Again, just take your Fibonacci tool and

draw it from the bottom of the impulse

move up to the top of the impulse move.

As you're waiting for price to retrace,

you look for the Fibonacci gold zone

pocket. If you had a long position set

up from the 618 with a takerit at the

previous high and a stop loss below the

one level, you would have missed your

entry here. But that's okay. The best

trades are going to be at the 0 618

because if you set it at the 0.5, you

will get a worse risk-to-reward closer

to a one to one. The setup is very, very

simple. In an uptrend, it's very simple.

Price is making higher highs and higher

lows. You wait for an impulse move to

break the previous structure. You mark

up your Fibonacci tool from the higher

low to the higher high. You wait for it

to get into the gold zone to create a

new higher low. And the safest trade is

always going to be targeting the

previous high. Yes, the price goes up

sometimes, but if you want to be safe

and consistent, this is the one you

should be targeting. Over the past week,

I back tested this strategy on EuroUSD

100 times from the London open through

to the New York close. Let's jump onto

the charts and I'm going to show you

every single one of these. So, as you

can see, every single one of these

trades was during the London session to

New York session. The reason this is so

important is because there is high

volume during these sessions. When

Europe is awake, they're trading the

London session. Banks, financial

institutions, hedge funds, and traders

are all causing volume and volatility in

the markets causing these market

structure moves where we see swings up

and swings down while still holding the

market structure. Higher highs and

higher lows in an uptrend and lower

highs and lower lows in a downtrend.

These trends follow trend lines

religiously. Occasionally there are

wicks up and down above and below

trapping liquidity, trapping traders,

but overall you will see a consistent

trend a majority of the time. And using

this knowledge, using this market

structure, using these Fibonacci setups

and this Fibonacci gold zone for a

majority of your trades is going to give

you the edge that you need in order to

be a good trader. Because the only way

to make money in the markets is to do

something consistently over time. Having

a good risk-to-reward ratio, having a

good win rate will get you to be

profitable. It's plain and simple, but

as you can see, most of these trades

retrace to the 0.5 or 618. And if you

keep your stop loss and your takerit

within that range where you're getting a

1 to 1.5 or a 1 to 1.6 risk-to-reward

ratio, you're having substantially more

wins than you are losses, causing your

account to be profitable over time. As

you can see, on some of these days,

we've had multiple trade entries. Some

of them were losers and some of them

were winners. But overall, we tend to

end the day profitably. If not the day,