english is very hard me
Rules based method based on zz, fractals, psar, and s/d 118 replies
EA based on indicator which changes based on numbers of bars 0 replies
Trading Price Based Charts Instead of Time Based Charts 1 reply
Price-based Vs. Pip-based 5 replies
I have forgotten which pairs are "commodity based" 15 replies
DislikedI see on usdcad h4 nice double top formation is coming on important fibo area and with slightly higher second top.waiting for confirmation, what you think, would this be a good signal? {image}Ignored
Disliked{quote} Hi Ensale, I completely agree with you on this. I was simply pointing out that it's not Fib. Levels that influence Price but the Price Level the Fib. falls on that is significant. How Significant Levels are Traded is down to the individual Trader.Ignored
Disliked{quote} Good Ensale yesterday i had this nagging doubt when i checked the dt on the Pound Dollar and price moved from 50 to 61.8 on the fibs i could sense a drop was on the cards for if the overall concept is to work then this DT yesterday was saying hey trains moving south and today it went lower, will it bounce of the 100 fib level well we wait and see so yep good trading.Ignored
Disliked{quote} Hi Krismitt, Banks and Institution aren't looking at Random Fib. Levels to place their Orders. They use Whole and Half Numbers to do this. Take a look at any Chart and see where the Major Swings take place. {image}Ignored
DislikedThis is a really nice thread that you have going on here, Ensale! There aren't that many here that get my attention, but this one looks great. It's a simple method. I don't usually trade the higher TF's, as I tend to be moreso the scalper, but I'm thinking of doing this too on a separate account. Well done and I look forward to being able to add my own contributions.Ignored