The Fibonacci channel projections (FCP) | Page 15 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Fibonacci Time Projections 9 replies

Difference between Fibonacci extensions, projections and expansions? 5 replies

What is the Differences between Fibonacci Fan and Fibonacci Arcs 15 replies

Mastering False breaks, trendline and fibonacci projections 57 replies

Fibonacci Projections 8 replies

Attachments: The Fibonacci channel projections (FCP)
Exit Attachments

The Fibonacci channel projections (FCP)

  • #281
  • Edited 10:29pm Apr 14, 2020 9:21pm | Edited 10:29pm
predraw:
After some minutes: the channel changed.
So the graph is not valid anymore !

And thank you dear Inthebox for the following notice.
Attached Image (click to enlarge)
Click to Enlarge Name: @ 0.png Size: 34 KB
  • #282
  • Apr 14, 2020 9:52pm Apr 14, 2020 9:52pm
Quoting dorood
predraw: {image}
the fcp mid line should be touching your circled point 3.
you are encouraged to use higher time frame when assessing lower time frame entry.
the downward sloping trend line in h1 would have indicated that buying is not ready yet.
ITB - Seeing Orderliness amongst 'Randomness'
  • #283
  • Apr 14, 2020 10:37pm Apr 14, 2020 10:37pm
Quoting Inthebox
{quote} the fcp mid line should be touching your circled point 3. you are encouraged to use higher time frame when assessing lower time frame entry. the downward sloping trend line in h1 would have indicated that buying is not ready yet.
Thanks
You are totally right.

But ( as an experiment ) I try to choose the wide of the channel such that the fibo level 1.272 mach to some important point in my chart.

Thanks again for all of your posts.
  • #284
  • Apr 14, 2020 11:21pm Apr 14, 2020 11:21pm
gj m30 sell set up
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #285
  • Apr 14, 2020 11:36pm Apr 14, 2020 11:36pm
Quoting dorood
{quote} Thanks You are totally right. But ( as an experiment ) I try to choose the wide of the channel such that the fibo level 1.272 mach to some important point in my chart. Thanks again for all of your posts.
pardon me if i am too long winded but i want you to get it right.
i don't mean your fibo, i mean your channel.
if your channel is not right, it follows your fibo is not right.
the blue arrow (middle line of channel) should be touching the blue square box.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 17 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #286
  • Apr 14, 2020 11:42pm Apr 14, 2020 11:42pm
gn m5 buy set up.
be aware that gbp goes different direction to my previous gj chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 13 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #287
  • Apr 15, 2020 12:59am Apr 15, 2020 12:59am
Quoting Inthebox
gj m30 sell set up {image}
gj m30 sell result
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 15 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #288
  • Apr 15, 2020 1:08am Apr 15, 2020 1:08am
Quoting Inthebox
gn m5 buy set up. be aware that gbp goes different direction to my previous gj chart. {image}
gn m5 buy result.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 13 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #289
  • Apr 15, 2020 1:57am Apr 15, 2020 1:57am
Hi all.
My yesterday buy in EU.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 40 KB
  • #290
  • Apr 15, 2020 3:16am Apr 15, 2020 3:16am
Hello everyone!
Quoting kvak
Hi all. My yesterday buy in EU. {image}
You could take the best price - post260
  • #291
  • Apr 15, 2020 3:51am Apr 15, 2020 3:51am
Quoting Seysin32
Hello everyone! {quote} You could take the best price - post260
Yes, it is better price... and nice 2x reaction from 75-78,6 level
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 34 KB
  • #292
  • Apr 15, 2020 4:31am Apr 15, 2020 4:31am
I think it is trying to catch a reversal to level 75/78.6
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDM15.png Size: 34 KB
Begin with the end in mind
  • #293
  • Apr 15, 2020 4:51am Apr 15, 2020 4:51am
Quoting Tragruel
awesome !
i love your work i love ur work and i love fibonnaci system but kindly assist me in labeling the images so i can unstand very well sir.e.g the high low to use or the peak inside the image there is something i am trying to figure out
thanks
  • #294
  • Apr 15, 2020 5:02am Apr 15, 2020 5:02am
So friends, let's continue.
This is the final part of the description of the FCP model, which does not prevent you from improving it in the future. I spoke earlier about the elements (additional signals) that create an advantage in our model towards its success. Two more such elements that are MA and MACD. With MACD, everything is simple. I am looking for divergences or hidden divergences at the maximum/minimum inside the channel, or on the trigger lines. For MA - I’m looking for the intersection of two lines, and if it is on the trigger line, this is ideal. Also, the MA lines for me are the final argument in deciding to open a deal. The rule: is to always look for a deal in the direction from the pink dashed line MA to the yellow dashed line MA. Even if you have the perfect channel and projection, if the MA lines are not crossed in the direction of the deal, the price may go against you. Below are some examples with explanations and settings for MA + MACD.
Attached Image (click to enlarge)
Click to Enlarge Name: xau MA+MACD.JPG Size: 221 KB

Attached Image (click to enlarge)
Click to Enlarge Name: gbp MA+MACD.JPG Size: 199 KB

Attached Image (click to enlarge)
Click to Enlarge Name: xau MA+MACD 2.JPG Size: 161 KB

Note. MA settings may vary depending on the pair. Set up and see how price interacted with lines in the past.
Attached Image
Attached Image
  • #295
  • Apr 15, 2020 5:20am Apr 15, 2020 5:20am
this is quite common.
impulse wave broke yesterday's low and now in consolidation.
quite obvious that trend is down.
can someone suggest what are some of the ways presented in this thread to sell?
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 17 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #296
  • Apr 15, 2020 5:24am Apr 15, 2020 5:24am
Another example of what I wrote above.
No comment, I think everything is clear there.
Attached Image (click to enlarge)
Click to Enlarge Name: jpy h1 ma+mcd.JPG Size: 183 KB
  • #297
  • Apr 15, 2020 5:32am Apr 15, 2020 5:32am
Quoting Inthebox
this is quite common. impulse wave broke yesterday's low and now in consolidation. quite obvious that trend is down. can someone suggest what are some of the ways presented in this thread to sell? {image}
for a small scalp:
Attached Image (click to enlarge)
Click to Enlarge Name: gbp m5.JPG Size: 102 KB
  • #298
  • Apr 15, 2020 5:42am Apr 15, 2020 5:42am
Quoting Seysin32
{quote} for a small scalp: {image}
ahhh ......... you spoil the fun ......... LOL.
ITB - Seeing Orderliness amongst 'Randomness'
  • #299
  • Apr 15, 2020 5:43am Apr 15, 2020 5:43am
Quoting Inthebox
{quote} ahhh ......... you spoil the fun ......... LOL.

I'm sorry, friend, I won’t.
  • #300
  • Apr 15, 2020 5:45am Apr 15, 2020 5:45am
Quoting Seysin32
Hello everyone! {quote} You could take the best price - post260
Seysin
can you please show how you link the particular post to the words post260?
ITB - Seeing Orderliness amongst 'Randomness'
0 traders viewing now