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Billy & Jim TMA & Channel & Life Health & Wealth 1,075 replies
ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies
Trade & Trader Idea, Concept & Circumstances 26 replies
Exporting & importing Global variables to CSV Files 3 replies
GBPJPY Top & EJ 3 replies
QuoteDislikedIMO You have two good choices for drawing fibs for the day, reason being because the price action has been very fickle during this asian session.
The top anchor can be at either the first top arrow for a more coservative approach, or the second top arrow for a more aggressive approach.
I've chosen to base my trades off of the second arrow. The bottom arrow is the low before the asian open and thus is the only option.
DislikedDon not use them normally only channels so Fibs ? Or is it the somewhat lower spike up midway previous session ? {image}Ignored
Disliked{quote} Thanks for the feedback i thought so. It broke the 161 so is the aim now 261 or do you follow the trade and start using additional "sub" fibs from here on ? Perhaps just to set a SL. Btw for fun. I made $10 an hour, upgraded to burgerflipper i think. {image}Ignored
Disliked{quote} Here's mine so far, I'm once again debating whether to move my take profit to the 161.8% or "wisely take" 123.6% profits, lol {image}Ignored
QuoteDislikedUnless that's an old fib drawing, your 161.8% should not be where it is in your picture.
That is only an extension, you should only see it when price start selling off and nearing it.
I hope this picture is clear to understand, I did it on microsoft paint, lol
DislikedClosed today's trade, price action got really close to the target then decided to start messing around, so I closed it a couple pips above it. Time for bed {image}Ignored
DislikedVMC Can you post your S&R indi with the single line instead of the box here. I have the source but why program if you do not need to.Ignored
DislikedI am releasing the Basket MTF indicator for testing. if after loading the indicator interferes with you chart, double click (left mouse button) on the left top of the outer border and a small white box should appear. Click (left mouse button), hold and drag the box to another place on your chart and release mouse. Or move it for clarity. {file} {image} {image}Ignored