Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

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)

Quoting Hammertop
Opinions on this one please? I used point 3 for the outer line again EDIT: 5 pips in profit while typing but I realise it was kind of an extended move from the bottom of the channel. Probably a retracement to be expected? {image}
Quoting Inthebox
{quote} entry earlier with below fcp and price meeting h4 trend line use fractal to help you. {image}
And anoyher similar idea :
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 42 KB
Quoting dorood
{quote} {quote} And anoyher similar idea : {image}
Well, I did have your same idea after I entered, but it was too late
Quoting Hammertop
Opinions on this one please? I used point 3 for the outer line again EDIT: 5 pips in profit while typing but I realise it was kind of an extended move from the bottom of the channel. Probably a retracement to be expected? {image}
I entered with a second lot when it retraced to level 1.000
Attached Image (click to enlarge)
Click to Enlarge Name: AU2020-04-17_14-49-31.jpg Size: 215 KB
Quoting Hammertop
{quote} I entered with a second lot when it retraced to level 1.000 {image}
after price broke down the h4 trend line, it is finding hard to break up the trend line and resistance zone.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 29 KB
ITB - Seeking Orderliness amongst 'Randomness'
Quoting serqwe
Login to buy is no longer valid {image}
Please try to publish charts only with FСP.
I have no doubt that your system is very good, but it is something else.
And one more thing - if you quote a replica of a thread’s participant, do it in the original language.
I hope for your understanding, as well as that you won’t have to repeat this for the third time.
Thanks.
Quoting GPipz
{quote} Where do we really place point 3 on Fib Channel? Is it on the median line or on the outer line? I have it on median line. Is this right? Thanks. {image}
Seysin, can you kindly enlighten me on this. I saw the post of InTheBox - post 133, but is point 3 always on the outer line? When do we place it in median line?

Thanks.
Quoting GPipz
{quote}...
I will answer a little later, okay?
[quote = Seysin32; 12883822] {quote} Пожалуйста, попробуйте публиковать графики только с FСP. Я не сомневаюсь, что ваша система очень хорошая, но это нечто другое. И еще одна вещь - если вы цитируете реплику участника потока, делайте это на языке оригинала. Я надеюсь на ваше понимание, а также на то, что вам не придется повторять это в третий раз. Спасибо. [/ Цитата]
Well Seysin I have already noticed that You do not like the opinion of other participants this is Your right and your chat But in Your channel constructions there is one common mistake that 90% of traders make so your channels are built differently and people in the chat ask so many questions about this it's a Pity that they did not want to listen to me but it's always the case that when there is an opportunity to approach perfection there are always barriers good Luck to Everyone and profit!!!
Quoting serqwe
[quote = Seysin32; 12883822] {quote} ...Your channel constructions there is one common mistake that 90% of traders...
Nobody bothers you to save 90% of traders from this common mistake by creating your own thread.
Thanks for your kind wishes. Good luck to you too.
Still learning the strategy. This is fun.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 57 KB
Quoting Seysin32
{quote} I will answer a little later, okay?
I got it now, Seysin. It's in post 14. My bad. I'll just read thru the entire thread.

Thanks.
Quoting GPipz
{quote} Seysin, can you kindly enlighten me on this. I saw the post of InTheBox - post 133, but is point 3 always on the outer line? When do we place it in median line? Thanks.
Point 3 is placed on the outer side of the channel, if from point 1 or 2 (or from 1 and 2 together) there is an impulsive price movement without rollbacks. It is desirable candles with a large body (relative to other candles). Preference to the impulse from point 1. In other cases, point 3 is on the midline. It is not complicated, and there is also an easy way to check. I always check the channel looking at how the price reacts to trigger levels. If price does not pay attention them, then I rebuild the channel (put 3 points in another place). The ideal option is described in post#23.

Here is a case that is not common: There is no momentum from point 1 or 2, the swing max/min is so small that if we place it on the middle line, we get a channel with a width of pencil. Place point 3 on the 25% line of the channel. If the external side of the channel (before or in the area of point 2) and the price go in different directions, decrease or increase the channel so that they are directed in the same direction.
The problem for many beginners (I do not mean anyone here specifically) is that they do not want to think and evaluate the situation in context. To consider a combination of factors. They want a mechanism that works itself, always and accurately, like a robot. I remember a case when fake news appeared on Google and robots trading in the news caused huge losses

As I said before, the element of subjectivity is not in the interpretation of principles, but in their application. The conviction of sellers and buyers, fear or greed, all this is also subjectivity. Subjectivity drives markets. I think it's great. This is a creative opportunity that is rewarded with money. I get pleasure from it.
Below are a few examples of what I said and a video to improve your mood

Attached Image (click to enlarge)
Click to Enlarge Name: example#4.JPG Size: 145 KB

Attached Image (click to enlarge)
Click to Enlarge Name: xauusd h1.PNG Size: 108 KB

Inserted Video

Inserted Video
Thanks Seysin. Nice music: you must love Django Reinhardt!
Thank you very much Seysin to share your method with us here, it an amazing way of trading, 'setup everywhere' :-)
Cheers
Quoting Seysin32
{quote} Point 3 is placed on the outer side of the channel, if from point 1 or 2 (or from 1 and 2 together) there is an impulsive price movement without rollbacks. It is desirable candles with a large body (relative to other candles). Preference to the impulse from point 1. In other cases, point 3 is on the midline. It is not complicated, and there is also an easy way to check. I always check the channel looking at how the price reacts to trigger levels. If price does not pay attention them, then I rebuild the channel (put 3 points in another place)....
thanks Seysin32....the videos are awesome...they really help make everything 'click'. appreciate your time in doing them. Love the music too!
Thanks so much Seysin.
Have been following this thread since day one.
Still trying to "learn to see" when I look at the completed examples posted, it seems so obvious.But then when I look at a "blank" chart by myself, it is not so obvious.
These videos allow me to "learn to see" what you see!!
Outstanding
Keep the indicator draw the trend according to the method Sperandeo. I think it will be useful for many to start then learn to draw yourself
Attached File(s)
File Type: mq4 Tangent2-S.mq4   14 KB | 449 downloads
Thank you Seysin for creating this forum.
Begin with the end in mind
0 traders viewing now