FIBO adventure

To record my fibo adventure, using a permanent demo account from Dukascopy. Initial USD300,000.

All trades based on intraday, stops less 50 pips, limits by pips or by time.

The market chooses the pair for me, and today it is cable.

Sell 30 lots @ 9638 stop 9661
Sell 20 lots @ 9600 stop 9630 (move the first stop also to 9630)

GBPUSD short trades stopped out by trailing stop

newly openned long @ 9628 initial stop @ 9597 trailing to BE now
will hold this position for the bullish bias.

A hard week for intraday trading. The cable moves to no where.

But as the weekend, it acts like the way I like.

So a hard week with a happy ending.

An early finishing today.

Shorted cable for a possible retracement and was stopped out.
A revert buy caught the trend. (miss type the limit, original limit @9794 hit also;-))

EURUSD a trial long, 20 pips is enough.

A counter-trend short of EURCHF is still on hold, sold @6234 stop 6256, limit 6204 nearly reached.

Equity at the moment: 355,155.71

Intraday FIBO clues

Long and short on cable with no much result.

Previous short EURCHF 20 lots were stop out.

Open positions now :
Short USDCHF 20 lots @ 2178 stop @ 2213

Cable seems to be losing a bit stream, a correction on the card? Will see.

CHF is yet weaker. Hold the short till tomorrow.

Equity at the moment: 357,183.37

Today was not for forex, no time in staying beside the computer, so just several short pips and finish.

All positions closed.
Open order : sell 20 lots @ 1.9778 stop @ 1.9808

At the moment cable is towarding the sell. Let us see the result.

Equity at the moment: 359,917.22

Weak dollar!

Today has a bad trade in Cable long, a good trade in USDCHF short.

Thanks for Itme's wonderful thread, I now am more and more clear about what I should do in Fibo intraday trading. The chances are so great, while the wounds of course are also there to bear. A good RR will well protect me.

Bad thing today is my desktop is down. Virus!

Notice how the fibo is valid in the various timeframes.
It is all about how you train up your eyes to find the pattern, and knowing when to take action.

Good luck everyone, may fibo be with you.

Equity at the moment: 476,417.75

did u hit the 600k?