Point pivot trend line and fibo system (Semafor included)

Quoting bizard

Hi folks i wanted to share with you my system.

1) wait until the Big 3 semafor come in.

2) take the rebond on the pivot point, trend line or fibonacci.

I do it on M15 with pretty good profit.

Its very simple but good...

Good point TP can be pretty huge and SL pretty tight. I mean for the TP that's the opposite signal and for the SL it's between 20 and 30 pips max

try and share your experience.

Quoting pera

the important things in your system is trendline, pivot, fibonacci level where the price rebound and as entry point, the semafore is only confirmation.

please attach your indicators to draw your trendline, pivot, fibonacci, so we can discuss ur system

Quoting bizard

you have to do your fibonacci and trend line by hand.
For the semafor you right he repeint but you have the big 3 on 3 TF around a resistance or support.

Quoting atman

good
Glad you opened this thread because I found this indicator-light-but not found anyone to use or to share the experience. Can you tell us what results you had during the tests, which percentage yield? eg from 20 transactions have been winning many? thanks much

Quoting bizard

Hi folks i wanted to share with you my system.

1) wait until the Big 3 semafor come in.

2) take the rebond on the pivot point, trend line or fibonacci.

I do it on M15 with pretty good profit.

Its very simple but good...

Good point TP can be pretty huge and SL pretty tight. I mean for the TP that's the opposite signal and for the SL it's between 20 and 30 pips max

try and share your experience.

Quoting pera

the important things in your system is trendline, pivot, fibonacci level where the price rebound and as entry point, the semafore is only confirmation.

please attach your indicators to draw your trendline, pivot, fibonacci, so we can discuss ur system