Thanks for reply Naijafx,sounds like a good idea about simulator to help with learning,did the GBPUSD trade come good for you.Thanks PAT
Spud's MTF FIB Breakout System 369 replies
Fib/trendlinebreak entry exit system 4 replies
LFB System - London Fib Breakout 45 replies
Target Yearly 30-40% - Fib-Ox System Journal! 17 replies
Resurrected Powerful Dazfx AMG wave 20 replies
QuoteDislikedHello, what do you think about looking for a confirmation candle on a smaller time frame. I've been looking at M15 and M5 to confirm my H1 trades, it seems that it gives us the oppurtunity for a much better entry. I just tried it on EUR/JPY (H1/M5).
Sorry if this subject has already been covered, I haven't read the entire thread yet.
QuoteDislikedhi Syahmi, Am new to this system, to get the fib, go to insert on MT4, go down to fibonacci and there u see retracement. Try and locate swing high and low and plot the fib on it to get the retrace. Then go back to the same insert, fibonacci and there u pick up expansion.plot it on the chart to give u the targets lines. the retracement shd give AB While expansion shd give ABC. Never mind all those diff forms of fibs u are seeing else u confuse yourself. u must be able to determine the trend which has been the headache of many traders. As for me i hope to start making money using this great system.I have been able to spot some trades today UChf 1Hr,let see how UJ 4Hr goes, so i wish myself good luck and u too. Nerry.
QuoteDislikedHey people, does it means this system do not work anymore or that u guys have gotten all what u all wanted. But still some can still come around at least to keep the thread going and to continue to teach the newbies if Daz is not around. Maybe this is what makes Daz himself to leave when he finds out that people are not ready to learn anymore or that they have gotten what they wanted. I know Daz still have more to share and wish he Daz can still come around. Thanks Daz. Nerry.
QuoteDislikedChfjpy 4Hr profit at the three target levels, EY 4Hr profit at the three target levels, UJ 4Hr But took profit at FE 50.0 only (107.75) due to strong dollars but planning re-entering at lower TF (don't know if am right on these trades). Hope am getting it and making money from it. Check this out.Thanks Nerry. trying to learn to post chart.