trading Dash Fibo V1- Forex Without Tears

I'm impressed by the number of trades provided by everybody ...24 pairs by opemipo !!!!!!! I know there are baskets
For me between LO-45 and LO-30 only 3 or 4 pairs are in the rules.

Rule 1 and 2 trades....haven't closed out yet

Just closed out...

good job!

Hello my teachers. I just came across this thread two days ago and have been blessed with so much knowledge than in my entire short forex career. I have downloaded the tools and am still testing them. so far, they work like wonders. one question though : where ( which page)can I find info about c4 and c14 or is it called basket trading?That is the only part in this whole thread am still having difficulty grabbing. kudos and a job well done to Mj young and Opemipo.
I am a Nigerian and I live in Lagos.

Most of the things covered here is to do with Rule 1 to Rule4, of all the rule do pay more attention on rule number 4, I believe in the entire thread he did not mention that we should attempt to trade C5 and C14
Refer to page1700 by Mjyoung

Thank you for your kind response. i will do that.

you are right but it is timing and risk difference but the same rules. read between the lines.
mj

dash Fibo

wow

I dont know why NZDCAD and NZDCHF have not been updating since yesterday I loaded the Dashboard. What could the problem be?

This is my summary since I began trading this on a live account last week. 5 winning nights, no losing nights.

There are so many trades, because I'm building my positions with 0.01 lots as the positions continue to move against me, (I think the most I've had in one currency pair at one time is 7 or 8 0.01 lot entries) but if the dash fibo and my own chart analysis still supports the entries, then I enter with additional lots as price is in my entry zone, or just enter multiple positions at a level I have determined to be strong support/resistance, or strong supporting chart structure. If I feel that the trade has invalidated my entries or idea, then I close with a small loss and either just look elsewhere for a trade, or wait for a better entry, this hasn't happened many times though when just trading strong against weak. To be totally honest, my first entries usually aren't the best entries, they do usually move against me a small amount, my timing could be better for a lot of entries. And I have taken trades earlier than the 45 minutes before London Open, but I am loosely trying to follow that rule, and have entered a large portion of my trades between 45 min before, and the London open, then I go to bed (I lived in western Canada)

In the past I have always been fairly good at finding entries, but not closing off my trades when in good profit. So I approached Dash fib, with its trailing stop functions, as a set and forget, consistent gains instead of windfalls. The first two nights I set hard stops and losses on the basket, if $100 in profit was reached, it closed, if $100 in loss was reached, it was closed. The first two nights were both winning nights, with a max drawdown of $60.

I adjusted the next night, and set my max stop to $75. Then I set the EA to move my stop to +$50 when $100 in profit was reached, then move stop to $100 when $125 was reached, then to $125 when $150 was reached and so on.

The night before last it reached $200, and eventually closed with $175 in profit, last night it reached $175 and closed with $150 in profit. Lowest drawdown the last 3 nights was once again around the $60 mark.

So all in all, 5 nights of set some trades, go to bed, check my phone when I wake up, smile.

I think Dash Fib is very powerful if you just use it like has been instructed in this thread so far. The best results won't come from you expecting it, or the thread creators to do all the work for you, but use it as a very powerful guide to your trading, it sure adds a huge layer of comfort knowing I'm only trading strong and weak currencies against each other.

hahahaahah do you know why i laugh ?

my own man ,happy new year

my oga....i hail o.....

Not a clue

it has been a while.i hope you are very fine?frankly speaking you are the oga here
mj

Dash Fibo in USA Market

because you are not too far from the 2fast and furious TEAM man hahahaah and the good news is when i visit Canada you will have a coffee with me what about that?i ADMIRE YOUR COURAGE.less i forget,the report is not for this dash
MJYOUNG