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trading Dash Fibo V1- Forex Without Tears

  • #2,521
  • Mar 1, 2018 11:43am Mar 1, 2018 11:43am
Anyone can guess which side the market will move tomorrow London hour. This is GBP 1Hrs index, current state looks like this as below. I have open position in live account on BUY it went to loss 30$. Can i hold or close.
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  • #2,522
  • Mar 1, 2018 11:49am Mar 1, 2018 11:49am
Quoting comeback2000
Where i can download Fibo V6. Also let me know what is B/R and SPRD means. {image}
good question...I dont know why people wont just share things here instead of telling you to go look for it
really?...are not we here to share?
  • #2,523
  • Mar 1, 2018 12:09pm Mar 1, 2018 12:09pm
Quoting comeback2000
Where i can download Fibo V6. Also let me know what is B/R and SPRD means. {image}
Attached File(s)
File Type: rar FIBO V6.rar   380 KB | 545 downloads


B/R = BID RATIO
SPRD = SPREAD
Don't Buy after a Rally, Don't Sell after a Drop
  • #2,524
  • Mar 1, 2018 12:11pm Mar 1, 2018 12:11pm
Quoting comeback2000
Anyone can guess which side the market will move tomorrow London hour. This is GBP 1Hrs index, current state looks like this as below. I have open position in live account on BUY it went to loss 30$. Can i hold or close. {image} {image}
I will advise you trade in the direction of higher timeframe trend.....trying to catch a falling knife is dangerous trading the basket.
cut your losses short and let your profit run
  • #2,525
  • Edited 12:57pm Mar 1, 2018 12:45pm | Edited 12:57pm
Quoting bleeze
{quote} I will advise you trade in the direction of higher timeframe trend.....trying to catch a falling knife is dangerous trading the basket.

i though i need to use lower time period time frame only for basket. I was using 15m Index before, so which one i need to use 4 hrs time frame.

This is Demo. I used 1hr Chart and it going up trend only that time when i took the portion. But now it all went to negative.
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  • #2,526
  • Mar 1, 2018 1:10pm Mar 1, 2018 1:10pm
Dash Fibo
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  • #2,527
  • Mar 1, 2018 1:18pm Mar 1, 2018 1:18pm
Thank you to all my Boss, Bleeze, MJ, Opemipo & the host of others.
God bless you all.
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  • #2,528
  • Mar 1, 2018 1:40pm Mar 1, 2018 1:40pm
Quoting comeback2000
{quote} i though i need to use lower time period time frame only for basket. I was using 15m Index before, so which one i need to use 4 hrs time frame. This is Demo. I used 1hr Chart and it going up trend only that time when i took the portion. But now it all went to negative. {image} {image}
A good business man knows to buy cheap and sell when expensive...
First you have to determine what your trend timeframe is and also entry timeframe.
From what I see on your chart, you bought after a series of buying has taken place and price was sitting at a strong supply area where stacks of pending sell orders were sitting and price was also expensive at that area to ever consider buying.
I determine by trend on the h4 and look for my entries on 30mins.
In an UP trend, buy the dips. in a down trend, sell the rallies...
cut your losses short and let your profit run
  • #2,529
  • Mar 1, 2018 3:09pm Mar 1, 2018 3:09pm
Quoting bleeze
{quote} I will advise you trade in the direction of higher timeframe trend.....trying to catch a falling knife is dangerous trading the basket.
which area of the software tells you the time frame?
  • #2,530
  • Mar 1, 2018 8:21pm Mar 1, 2018 8:21pm
Dash Fibo v1
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  • #2,531
  • Mar 1, 2018 9:58pm Mar 1, 2018 9:58pm
Happy New Month everyone. Do not say it is coming late, I was so busy yesterday.

Basket for the day...
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Olufemi
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #2,532
  • Mar 1, 2018 10:01pm Mar 1, 2018 10:01pm
Quoting ahhamidz
Dash Fibo {image}
pls provide the link for Dash Fibo unable to find this info in trade explorer.
  • #2,533
  • Edited 11:34pm Mar 1, 2018 10:04pm | Edited 11:34pm
Quoting bleeze
{quote} A good business man knows to buy cheap and sell when expensive... First you have to determine what your trend timeframe is and also entry timeframe. From what I see on your chart, you bought after a series of buying has taken place and price was sitting at a strong supply area where stacks of pending sell orders were sitting and price was also expensive at that area to ever consider buying. I determine by trend on the h4 and look for my entries on 30mins. In an UP trend, buy the dips. in a down trend, sell the rallies...

thanks Good tips i will try to follow this.


Is there any difference in signals getting, by having the Dash Fibo on M15 and H1 Chart.
I need to take position by seeing the dip of trend from H1 time frame
How to hold the basket traded, I need follow by using H4 time frame.

If I see a signal MM 70% and the graph on H1 was high an no DIP found, Can I enter that position or I still I need wait for the DIP. Most of the time trend never DIP.

Taken one signal sample 15m Chart don't have 30 min. I can see the DIP from down trend so i went for Short

After 30 mins Update
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  • #2,534
  • Mar 2, 2018 12:14am Mar 2, 2018 12:14am
Quoting Opemipo
Happy New Month everyone. Do not say it is coming late, I was so busy yesterday. Basket for the day...{image} Olufemi
Profit is coming bit by bit...
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Olufemi
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #2,535
  • Mar 2, 2018 2:27am Mar 2, 2018 2:27am
Just closed

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Don't Buy after a Rally, Don't Sell after a Drop
  • #2,536
  • Mar 2, 2018 4:25am Mar 2, 2018 4:25am
Quoting Opemipo
{quote} Profit is coming bit by bit...{image} Olufemi
Today's basket: we are still on course...
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The day for the free seminar is approaching.

Olufemi
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #2,537
  • Mar 2, 2018 4:29am Mar 2, 2018 4:29am
Quick long entry on AUD & 8%
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  • #2,538
  • Mar 2, 2018 4:33am Mar 2, 2018 4:33am
Entered another AUD sell after closing the Buy
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  • #2,539
  • Mar 2, 2018 4:38am Mar 2, 2018 4:38am
Quoting Lade
Quick long entry on AUD & 8% {image} {image}
This reversal method may burn you account my brother. The method fails 2 out of 5 trades.

Those two failed positions will burn you account. Just open an account for it and trade reversal religiously for one week,

you will see what I am saying.

Olufemi
I am more afraid of 100 sheep led by a lion than 100 lions led by a sheep!
  • #2,540
  • Mar 2, 2018 5:07am Mar 2, 2018 5:07am
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