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The Fibonacci channel projections (FCP)

  • #361
  • Apr 16, 2020 10:00am Apr 16, 2020 10:00am
and missed another one...
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  • #362
  • Apr 16, 2020 10:28am Apr 16, 2020 10:28am
EUR/USD
TP2 reached:
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  • #363
  • Apr 16, 2020 10:56am Apr 16, 2020 10:56am
Quoting Inthebox
{quote} if these were traded in smaller time frame, none would survived. after the higher time frame regular divergence, price could not break up the strong resistance. then the support broken. what's next? retrace and continuation. {image}
Woow. insihtful. Thanks
My help is in the name of the Lord who made heaven and earth.
  • #365
  • Apr 16, 2020 11:54am Apr 16, 2020 11:54am
Quoting kourosh1347
hi please check https://www.mql5.com/en/market/product/48619 {image} {file} {image} {image}
this is not in line with the method shown in this thread.
in fact it is opposite.
this is a break out method, whereas you are using the rejection/bounce method.
you would not have post if you have read post 1.
ITB - Seeing Orderliness amongst 'Randomness'
  • #366
  • Apr 16, 2020 11:55am Apr 16, 2020 11:55am
Quoting kourosh1347
...hi please check ...
I see you wrote the same thing in different threads. Sorry buddy, but this has nothing to do with the FCP.
  • #367
  • Apr 16, 2020 12:10pm Apr 16, 2020 12:10pm
Quoting serqwe
Hi! Here is an option that can still be considered {image}
Hello.
Your first channel is built incorrectly, therefore, there is no accuracy in the projection.
Look at the chart:
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  • #368
  • Apr 16, 2020 3:31pm Apr 16, 2020 3:31pm
Quoting serqwe
...
No problem, buddy. You can open a new thread dedicated to your method of build channels, etc. Then you can post your videos there.
Here we are talking only about the FCP.
Thank you for understanding.
  • #369
  • Apr 16, 2020 4:02pm Apr 16, 2020 4:02pm
Quoting Seysin32
{quote} No problem, buddy. You can open a new thread dedicated to your method of build channels, etc. Then you can post your videos there. Here we are talking only about the FCP. Thank you for understanding.
Nicely said.

This system is absolutely brilliant . I love it , Thanks for sharing

If people have their own ideas then they should open separate thread not mess around here.
  • #370
  • Apr 16, 2020 4:03pm Apr 16, 2020 4:03pm
Quoting Seysin32
{quote} No problem, buddy. You can open a new thread dedicated to your method of build channels, etc. Then you can post your videos there. Here we are talking only about the FCP. Thank you for understanding.
All right, buddy. I do not in any case did not want to interject into your thread just thought maybe it would be interesting for everyone to learn something new t system very, very similar and then to intensify the efforts to enter the trade. But if the conversation is only about FCP then OK
  • #371
  • Apr 16, 2020 4:07pm Apr 16, 2020 4:07pm
[quote = mnaseem; 12881772] {quote} Красиво сказано. Эта система абсолютно блестящая. Мне это нравится, спасибо за то, что поделились. Если у людей есть свои идеи, им следует открыть отдельную ветку, а не возиться здесь. [/ Quote]
deleted my posts no problem
  • #372
  • Apr 16, 2020 10:57pm Apr 16, 2020 10:57pm
ok but the biggest issue i have now is that some trades end up hitting the SL because it breaks the TL, I enter, and then it goes back towards the SL and hits it

how do we filter out false breakouts of the TL??
Take this course: https://shorturl.at/upBey
  • #373
  • Apr 16, 2020 11:27pm Apr 16, 2020 11:27pm
Quoting tiestobob
ok but the biggest issue i have now is that some trades end up hitting the SL because it breaks the TL, I enter, and then it goes back towards the SL and hits it how do we filter out false breakouts of the TL??
what time frame do you trade?
smaller time frames you find more set ups and SL will be hit more often.
experiment yourself.
if you like trading in smaller time frame, not necessarily to use fib 127.2 as SL.
use the previous one fractal away or two away. experiment.
if you find SL has been hit often but later price end up going in the original direction, you can even consider the other end of the channel.
that is, provided you got the higher time frame trend right.
or else try m30 and above.
ITB - Seeing Orderliness amongst 'Randomness'
  • #374
  • Apr 16, 2020 11:46pm Apr 16, 2020 11:46pm
Quoting tiestobob
ok but the biggest issue i have now is that some trades end up hitting the SL because it breaks the TL, I enter, and then it goes back towards the SL and hits it how do we filter out false breakouts of the TL??
Hello. You have provided too little information to give you an answer. Try to publish the chart, it will be more informative. I hope while you train on a demo account.
And one more thing ... you read the post 205, and did not find the answer in it?
  • #375
  • Apr 16, 2020 11:58pm Apr 16, 2020 11:58pm
Quoting Seysin32
{quote} Hello. You have provided too little information to give you an answer. Try to publish the chart, it will be more informative. I hope while you train on a demo account. And one more thing ... you read the post 205, and did not find the answer in it?
consider including post 205 to post 1.
ITB - Seeing Orderliness amongst 'Randomness'
  • #376
  • Apr 17, 2020 12:21am Apr 17, 2020 12:21am
ea set up
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ITB - Seeing Orderliness amongst 'Randomness'
  • #377
  • Edited 12:43am Apr 17, 2020 12:32am | Edited 12:43am
Quoting tiestobob
ok but the biggest issue i have now is that some trades end up hitting the SL because it breaks the TL, I enter, and then it goes back towards the SL and hits it how do we filter out false breakouts of the TL??
Quoting Seysin32
{quote} Hello. You have provided too little information to give you an answer. Try to publish the chart, it will be more informative. I hope while you train on a demo account. And one more thing ... you read the post 205, and did not find the answer in it?
Post # 205
  • #378
  • Apr 17, 2020 1:03am Apr 17, 2020 1:03am
Hi.
Yesterday Gold.
And today quick scalp.
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  • #379
  • Apr 17, 2020 2:20am Apr 17, 2020 2:20am
Hello everyone!
Quoting Inthebox
{quote} consider including post 205 to post 1.
Thanks for reminding me, I forgot to do it. Now added.
  • #380
  • Apr 17, 2020 2:21am Apr 17, 2020 2:21am
Current example with gold.
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