Here's a minor variation some might find interesting
Up on my soapbox .... mouteki method 59 replies
bo7a method... method for GBP/JPY 205 replies
Jumper's journal of Mouteki trading 74 replies
Nchosen's trades by Mouteki rules 153 replies
Looking for Mouteki method EA 1 reply
Dislikedhello ,
please let me know how do you see the gbp\chf ...is there harmony ?
what I see is , respect of the fib zones (open gap) , respect of the 38 fibo , the only thing that it did not do by now is touching the fib expansions...
I'll apriciate your comments..Ignored
DislikedHi everyone, this is my first time posting in FF. I must say that I like the vibe here in this thread. People are dedicated and that is impressive and has sparked me to create an account and make inputs.
Mouteki, great stuff, I cannot thank you enough.
Have you guys seen the unfolding of the EU and the NZD/USD? Looking real good.
I have a question. After drawing the Fib expansion, are you suppose to place the end of the 2nd leg of the Fib expansion to the specific rebound point? That is, if the price bounces off the 61.8 retracement are you supposed to place the end of the 2nd leg (of the Fib expansion) there?Ignored
DislikedPlace the fibo retracement first then following the same points place your fibo expansion in other words the second point of the fibo expansion should be at the 0.0 mark of the fibo retracement. I hope understood your question correctly to helpIgnored
DislikedGreetings friends,
Im in the process of uploading the final video in the Forex Truth series, Forex Truth 8.
I cover the fibonacci present in the Cad/Jpy cross...very interesting setup, make sure to check it out. I also added it to the current setups page on my blog.
Video should be up any minute...make sure to check the blog for this and every video released...
Peace,
-MIgnored
DislikedBefore you make this video the final one of the series, could you please give one example of a currency pair where the Fibo don't respect retracement and expansion. I seems to have difficulty finding a pair not respecting each other.
ThanksIgnored
4) Press F8, in the Tab of "Common", Check "Show objects descriptions", the Fib Level labels will appear on the left;
5) De-attach the indicator "FIBO_ZONE.mq4", all fibo lines will be deleted, except for the original Horizontal Line, naming "FIBO_ZONE".
Simple tool, hope helpful.
DislikedI worked this chart up before I viewed Mouteki's latest video which has nicely provided the reasoning for the current conjestion in this pair which is at present bouncing between the 7650 resistance and support off the 50% line in the green fib around the 7500 level.
This morning the rally stalled at the gold fib 50% level at 7572 and dropped back to the lower green APF line - actually a 61.8% retrace of the small rally.
Lets see which way it breaks.....Ignored
DislikedHey guys, you may or may not know the answer to this, but I downloaded Meta trader onto my new comp and I don't have the same currency pairs anymore (CadJpy, EurNzd, NzdChf, etc). Anyone know how I can get all those pairs again?Ignored
DislikedHey guys, you may or may not know the answer to this, but I downloaded Meta trader onto my new comp and I don't have the same currency pairs anymore (CadJpy, EurNzd, NzdChf, etc). Anyone know how I can get all those pairs again?Ignored
DislikedThanks for replying.
Check out the attached pic. That point (by the blue arrow) can be selected and dragged to wherever you like. By default (after drawing the expansions) that point is at the 50.0 level.
However, isn't that point supposed to be moved to the specific retracement level? Whether it be 50.0 or 38.2 or 61.8. On the pic I have moved it to the correct 61.8 level as you can see. Is this correct or should I leave it at the default level of 50.0?Ignored