am a bit confused by your GBPUSD H4 chart Fiddy
Shouldn't you have entered on the first candle ,why enter on the 2nd candle? it seems too late...
Shouldn't you have entered on the first candle ,why enter on the 2nd candle? it seems too late...
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Dislikedam a bit confused by your GBPUSD H4 chart Fiddy Shouldn't you have entered on the first candle ,why enter on the 2nd candle? it seems too late... {image}Ignored
DislikedThank you Fiddy, very good material how to put fibo tool into use. I was looking at some of my old trades and most potential long runners have bean taken out in the area that is suggested for entry and I realized something regardin my trade management style. Thank you for sharing material and all well explained. Just one my regular example of many, and while looking at this I remembered my old collegue from China who was driving into opposit car line for some sort distance ca. 50 meeters or so. I was thinking that he is brave and his only comment...Ignored
DislikedFor those of you following closely to this strategy. I will drop in another indicator you can use in the exact same way as NLD. However, with the setting on this particular indicator, you can slow down the signals and avoid some fake outs. The setting I am testing is 22 Also, I've been playing with using 4-6 bars back. So take the signal dot that is BAR #1. Count backwards 4-6 bars whatever you like and draw your fib from that highest high or low lowest low of that bar range. All the other rules are the same. {image} {file}Ignored