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The Fibonacci channel projections (FCP)

  • #541
  • Apr 23, 2020 1:57am Apr 23, 2020 1:57am
Quoting cpwtrade
Hi Seysin32. Thank you for your effort and sharing. Your video helps a lot. I have tried to enter the live trading. Do u think I get your idea? Thanks and good pips. {image} {image}
while waiting for seysin to answer, a few comments.
the idea is there.
both of your entries made some profit.
however work on the overall structure and know the limits of targets.
see the support and resistance limitations.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 34 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #542
  • Apr 23, 2020 2:04am Apr 23, 2020 2:04am
Quoting cpwtrade
Hi Seysin32. Thank you for your effort and sharing. Your video helps a lot. I have tried to enter the live trading. Do u think I get your idea? Thanks and good pips. {image} {image}
Hello, friend!
See the charts below:
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  • #543
  • Apr 23, 2020 2:30am Apr 23, 2020 2:30am
Attached Image (click to enlarge)
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Hi, Sei! I want to ask you which line is more accurate to your method - the red one or the green one? I am trying to figure out how to improve my drawings.
Thanks, bro!
  • #544
  • Apr 23, 2020 2:42am Apr 23, 2020 2:42am
Quoting bigiivan
{image} Hi, Sei! I want to ask you which line is more accurate to your method - the red one or the green one? I am trying to figure out how to improve my drawings. Thanks, bro!
Hi, brother!
The red line is more accurate.
  • #545
  • Apr 23, 2020 2:45am Apr 23, 2020 2:45am
TP1 reached. You can expect to continue.
Attached Image (click to enlarge)
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Wider view:
Attached Image (click to enlarge)
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  • #546
  • Apr 23, 2020 3:01am Apr 23, 2020 3:01am
Quoting Seysin32
TP1 reached. You can expect to continue. {image} Wider view: {image}
Nice, I had this one also, what do you think ?
Attached Image (click to enlarge)
Click to Enlarge Name: download.png Size: 151 KB
  • #547
  • Apr 23, 2020 3:06am Apr 23, 2020 3:06am
Quoting Tragruel
{quote} Nice, I had this one also, what do you think ? {image}
Good. You yourself see, when the price accurately confirms the correctness of the projection.
  • #548
  • Apr 23, 2020 3:10am Apr 23, 2020 3:10am
Quoting Seysin32
{quote} Good. You yourself see, when the price accurately confirms the correctness of the projection.
great, thank you. I used M5 for the trigger but a different method.. this is also what is great about your method, as you said, it can be integrated to other system very nicely.
Cheers bud.
  • #549
  • Apr 23, 2020 3:15am Apr 23, 2020 3:15am
Hi.
Attached Image (click to enlarge)
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  • #550
  • Apr 23, 2020 3:17am Apr 23, 2020 3:17am
Quoting kvak
{image}
  • #551
  • Apr 23, 2020 3:28am Apr 23, 2020 3:28am
Quoting Inthebox
{quote} while waiting for seysin to answer, a few comments. the idea is there. both of your entries made some profit. however work on the overall structure and know the limits of targets. see the support and resistance limitations. {image}
Got it. Thanks! I also use your indicator sometimes. It also helps me to catch some pips too . Didn't realize the RD... A lesson.. haha
Liberate Hong Kong, The Revolution Of Our Times
  • #552
  • Apr 23, 2020 3:31am Apr 23, 2020 3:31am
Quoting Seysin32
{quote} Hello, friend! See the charts below: {image} {image}
The width is not that far because of the continuous movement has formed in point 1 to Line 5, right?
Therefore, it is a profitable FCP action except for my wrong placing of channel.
Liberate Hong Kong, The Revolution Of Our Times
  • #553
  • Apr 23, 2020 3:36am Apr 23, 2020 3:36am
Quoting kvak
Hi. {image}
good work.
i've seen you getting better and better.
ITB - Seeing Orderliness amongst 'Randomness'
  • #554
  • Apr 23, 2020 4:00am Apr 23, 2020 4:00am
It's me again.
Actually, I notice that the TL can be drawn for more than one opportunity in the same chart.
Chart 1 is what I am in now.
Chart 2 is what I find another opportunity in the same chart.
Can I say that if the FCP is created correctly, then normally I can just focus on this FCP and ignore the other possible FCP?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cadchf-h1-ig-group-limited-2.png Size: 73 KB
Click to Enlarge Name: cadchf-h1-ig-group-limited-3.png Size: 54 KB
Liberate Hong Kong, The Revolution Of Our Times
  • #555
  • Apr 23, 2020 4:02am Apr 23, 2020 4:02am
Quoting Seysin32
{quote}
Quoting Inthebox
{quote} good work. i've seen you getting better and better.
Thank you friends
  • #556
  • Apr 23, 2020 4:26am Apr 23, 2020 4:26am
Small channel on EU M5 but profitable.
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  • #557
  • Apr 23, 2020 4:30am Apr 23, 2020 4:30am
A subjective point 3, but still hits TP2.

GBPNZD - 15 Minute
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  • #558
  • Apr 23, 2020 4:30am Apr 23, 2020 4:30am
Quoting cpwtrade
It's me again. Actually, I notice that the TL can be drawn for more than one opportunity in the same chart. Chart 1 is what I am in now. Chart 2 is what I find another opportunity in the same chart. Can I say that if the FCP is created correctly, then normally I can just focus on this FCP and ignore the other possible FCP? {image} {image}
i noticed that you are using h1.
do not force to draw fcp, it has to jump out quite clearly.
you intend to buy because the trend tells you so.
but h1 fcp does not jump out.
you will miss out a lot of things if you do not go down to lower time frame.
go down to m5/15 for more details to look for traces for an entry.

1. fcp jumps out in m15.
2. regular divergence in m15
3. higher high higher low in m5.

so chart 2 is better.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 17 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #559
  • Apr 23, 2020 4:31am Apr 23, 2020 4:31am
+12pips used m1 to refine entry
Attached Image (click to enlarge)
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  • #560
  • Apr 23, 2020 4:52am Apr 23, 2020 4:52am
Quoting Inthebox
{quote} i noticed that you are using h1. do not force to draw fcp, it has to jump out quite clearly. you intend to buy because the trend tells you so. but h1 fcp does not jump out. you will miss out a lot of things if you do not go down to lower time frame. go down to m5/15 for more details to look for traces for an entry. 1. fcp jumps out in m15. 2. regular divergence in m15 3. higher high higher low in m5. so chart 2 is better. {image}
Can you share the MACD Osma indi you are using as I cant find it and mt4 macd is quite ugly
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