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-   -   My way of trading by Using trend line , BL line & febo level (https://www.forexfactory.com/thread/257620-my-way-of-trading-by-using-trend-line)

ankushbali Mar 2, 2014 8:35am | Post# 61

how to find the new V3 or P3 1ST we need bar closed and forming BL for up trend i will find last peak from last peak i will used febo i will put 100 febo at last peak and 38.2 level same as BL and i will draw line at 0 level i will do same for 50 & 61.8 febo in this case iwill have two zone one from 38.2 to 50 and one from 50 to 61.8 thoses two zone the area of most probability that price will return to retest BL or trend line {image} {image} {image}
Just Started to follow this thread.

Great simple way of trading,

I do have some questions?

In the above post ( and the one following that) you talked about Zone 1 and Zone 2, Can you please explain a bit more as to how to you use them.

I am not clear on the above explanation.

Also as to when we can expect the PA to just touch the break line or go retest the trend line.

Thanks in advance

Samuelkanu Apr 14, 2014 8:50pm | Post# 62

Please who can help me to be able to know where to draw the BL because that is what i do not understand very well or is there an indy for it?

srt Apr 14, 2014 9:01pm | Post# 63

1 Attachment(s)
Please who can help me to be able to know where to draw the BL because that is what i do not understand very well or is there an indy for it?
See Chart.
All lines are drawn manually.
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Name: xauusdh4-1.png
Size: 30 KB

srt Apr 14, 2014 9:08pm | Post# 64

1 Attachment(s)
Pending trendline break.
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Name: xauusdh4-3.png
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4xplosion Apr 16, 2014 3:37am | Post# 65

Greenius - Nice system, I like this......however, just to be clear: what is the V (v1, v2, etc); and the FE (fibonnacci Entry I assume)......and could you post an example of your entry and TARGET projection?

thanks

porfirio Apr 16, 2014 5:59am | Post# 66

I did not know this thread
I do not understand because they have not followed

this is the way I operate ... following this basic principle ... prices move in zig zag in all periods

I always wanted to start a thread with this principle, but my English is very bad

I use a higher tf to follow the trend in the lower tf ... (w-h4) and (h1 or d1-m30)

and following the principle of zig zag ==> we'll do two entries

first entry ... w1-h4
second entry ... d1-h1 or m30 (few days later)

also works on shorter terms ... h4 -m15 or m5 .... but .... the risk is higher and you have to spend much time at the computer .... I prefer to enjoy life;-)

porfirio Apr 16, 2014 6:02am | Post# 67

2 Attachment(s)
gbp-usd...buy
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porfirio Apr 16, 2014 6:16am | Post# 68

2 Attachment(s)
----- w1-h4 was the first entry

the second entry will be in d1-h1 few days later .... let's see an example with eur-usd ..... now w1-h4
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porfirio Apr 16, 2014 6:27am | Post# 69

1 Attachment(s)
eur-usd next entry in d1-h1 <==> close candle today is higher close yesterday Candle

then wait retracment
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Name: eurusddaily-2ptos szz.png
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4xplosion Apr 16, 2014 6:29am | Post# 70

I did not know this thread I do not understand because they have not followed this is the way I operate ... following this basic principle ... prices move in zig zag in all periods I always wanted to start a thread with this principle, but my English is very bad I use a higher tf to follow the trend in the lower tf ... (w-h4) and (h1 or d1-m30) and following the principle of zig zag ==> we'll do two entries first entry ... w1-h4 second entry ... d1-h1 or m30 (few days later) also works on shorter terms ... h4 -m15 or m5 .... but .... the risk is...

Porfirio....you should start your own thread, this looks like a "hijacking"............

porfirio Apr 16, 2014 6:29am | Post# 71

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from tomorrow



---------sorry for my English----------
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Name: eurusdh1.2pts szz.png
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porfirio Apr 16, 2014 6:36am | Post# 72

hijacking"............ ???
the strategy is the same!!!!! the same principle!

you say that shit kid!

come over me!

bye

K40 Apr 16, 2014 6:54am | Post# 73

1 Attachment(s)
Here Here no cat fight .. break here it goes there break there it goes here ...
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Name: eurusdh4_zpsea066376.png
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K40 Apr 16, 2014 3:56pm | Post# 74

1 Attachment(s)
interesting market
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Name: eurusdh44_zps75a28380.png
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greenius Apr 27, 2014 1:29pm | Post# 75

hello

great to see some one found my way useful .....

greenius Apr 27, 2014 1:31pm | Post# 76

This thread is perhaps the most practical one for my trades, thanks a lot ,greenius!
thks

greenius Mar 1, 2020 9:31am | Post# 77

hi all let relaunch this thread again


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