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The Fibonacci channel projections (FCP)

  • #661
  • Apr 27, 2020 10:26pm Apr 27, 2020 10:26pm
Quoting Seysin32
Friends, I changed the Fibo levels a bit...
Hi Seysin32, thanks for your new inputs.

Just a question, your previous level 1.272 is used as a SL; for your new fibo configuration, where would you place your SL?
Knowing is not enough, we must apply. Willing is not enough, we must do.
  • #662
  • Apr 27, 2020 10:30pm Apr 27, 2020 10:30pm
Quoting Inthebox
{quote} actually success rate is irrelevant. because for expert it can be above 80%, to novice it can be 30%. or put it in another way. out of 100 people, how many will put through trades exactly like seysin?
Agree,
More looking for the answer from experts and people who are getting there =) Well lets put this way people who are profitable.
Also question to the master seysin =)
Drug, how much time it took to master this strategy and what amount of screen time was put in?
Spasibo =)
  • #663
  • Apr 27, 2020 11:12pm Apr 27, 2020 11:12pm
ej h1
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #664
  • Apr 28, 2020 2:19am Apr 28, 2020 2:19am
london session
aud strong
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #665
  • Apr 28, 2020 2:59am Apr 28, 2020 2:59am
Quoting Seysin32
Hello everyone! XAU/USD Fresh example. The model has movement potential. {image}
Hello everyone!
Good movement yesterday's model:
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd h1 1.JPG Size: 135 KB

Right now:
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd m5 1.JPG Size: 133 KB
  • #666
  • Apr 28, 2020 3:13am Apr 28, 2020 3:13am
Quoting Unmotivated
{quote} Hi Seysin32, thanks for your new inputs. Just a question, your previous level 1.272 is used as a SL; for your new fibo configuration, where would you place your SL?
Level 1.272 it was not mandatory, only an approximate maximum for my SL. Usually I placed the SL slightly above the Trigger, from which I entered the trade. Or without SL, assessing the situation in combination of factors. Now for hard SL, I will focus on an area slightly above/below 1.146.
  • #667
  • Apr 28, 2020 3:25am Apr 28, 2020 3:25am
Quoting Seysin32
{quote} Level 1.272 it was not mandatory, only an approximate maximum for my SL. Usually I placed the SL slightly above the Trigger, from which I entered the trade. Or without SL, assessing the situation in combination of factors. Now for hard SL, I will focus on an area slightly above/below 1.146.
Noted. Thank you Seysin32.
Knowing is not enough, we must apply. Willing is not enough, we must do.
  • #668
  • Apr 28, 2020 3:39am Apr 28, 2020 3:39am
Simple deal.
Part of the position is closed with + 27p, the rest part is released for running (SL= +5p).
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd m5 2.JPG Size: 146 KB
  • #669
  • Apr 28, 2020 3:43am Apr 28, 2020 3:43am
Quoting Seysin32
Simple deal. Part of the position is closed with + 27p, the rest part is released for running (SL= +5p). {image}
Здравствуй, Сеи!
Please, tell me which line is more accurate according your method- the red one, the green one or the blue one!
Thank you!
Attached Image (click to enlarge)
Click to Enlarge Name: UC.png Size: 100 KB


By the way, the example was awesome!
  • #670
  • Apr 28, 2020 3:53am Apr 28, 2020 3:53am
Quoting bigiivan
{quote} Здравствуй, Сеи! Please, tell me which line is more accurate according your method- the red one, the green one or the blue one! Thank you! {image} By the way, the example was awesome!
Hi brother!
Only the blue line is correct.
  • #671
  • Apr 28, 2020 4:10am Apr 28, 2020 4:10am
Quoting bigiivan
{quote} Здравствуй, Сеи! Please, tell me which line is more accurate according your method- the red one, the green one or the blue one! Thank you! {image} By the way, the example was awesome!
It looks like "TradingZone"- similar with horisontal S/L zone. It's hard to draw it in MT4. For breakout upper border is valid; for rebound- lower border.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH1.png Size: 42 KB
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH11.png Size: 42 KB
  • #672
  • Apr 28, 2020 4:13am Apr 28, 2020 4:13am
Quoting taksistalo
{quote} ...Drug, how much time it took to master this strategy and what amount of screen time was put in? Spasibo =)
Hello, my friend!
You asked about the likelihood of success. If I turn to the statement of my account, then more than 80% of the deals are successful (I do not like to talk about it, while I am living in Russia. I think you understand what I mean). I will say this, for me, the winrate is quite high. With the right approach and some experience, it will be possible for you too. I am not interested in a single amount per deal, only constancy. Even a small advantage with consistency makes us successful. In short, I try to approach trading according to the principle of the casino.
The second question was about the time spent. Yes, I spent a very, very long time in front of the screen. For at least 7 years in a row I lived near a computer. With interruptions in sleep, food and physical exercises. There was a time, when I spent time in trade from morning to evening, seven days a week. It's very hard. Perhaps if I were led by an experienced mentor it would be easier for me (and I would not lose a lot of money), I do not know. Many times I wanted to give up all of this. I do not know if this is good or bad. I can not advise this to anyone. Everyone chooses for himself.
  • #673
  • Apr 28, 2020 4:17am Apr 28, 2020 4:17am
Quoting vitall
{quote} It looks like "TradingZone"- similar with horisontal S/L zone. It's hard to draw it in MT4. For breakout upper border is valid; for rebound- lower border. {image}{image}
It is easy. Just press and hold CTRL and drag the line where you want.
  • #674
  • Apr 28, 2020 4:40am Apr 28, 2020 4:40am
Quoting Seysin32
{quote} It's very hard. Perhaps if I were led by an experienced mentor it would be easier for me (and I would not lose a lot of money),
the costs of learning by ourselves..........
the tuition fees we pay to the market were the money we lost.
plus our health, our eyesight, our time, our lack of sleep, our lack of social time, etc ........
it's through high amount of interests and determination that bring you to where you are today.
one thing for sure .......... no short cut.
you reap what you sow.
ITB - Seeing Orderliness amongst 'Randomness'
  • #675
  • Apr 28, 2020 4:46am Apr 28, 2020 4:46am
Quoting bigiivan
{quote} It is easy. Just press and hold CTRL and drag the line where you want.
I mean it's hard to draw Trendzone- sloping rectangel.
  • #676
  • Apr 28, 2020 4:48am Apr 28, 2020 4:48am
TP1 reached (at 1.146 Fib).
Another part of the position is closed with +50p.
For the rest part, SL moved to +20p (TP2 0900).

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd h1 2.JPG Size: 136 KB
  • #677
  • Apr 28, 2020 5:14am Apr 28, 2020 5:14am
Quoting Seysin32
TP1 reached (at 1.146 Fib). Another part of the position is closed with +50p. For the rest part, SL moved to +20p (TP2 0900). {image}
can you tell me how you draw the channels ? . i use trading view and in that i have a channel that is divided in to two parts. although i looked in to MT4 but i can not see a channel that is divided in to four parts ( like your channel is always divided in to four equal parts )
  • #678
  • Apr 28, 2020 5:47am Apr 28, 2020 5:47am
Quoting jamesbond00
{quote} can you tell me how you draw the channels ? . i use trading view and in that i have a channel that is divided in to two parts. although i looked in to MT4 but i can not see a channel that is divided in to four parts ( like your channel is always divided in to four equal parts )
Hi, Perhaps you can take a look at this post for drawing of Fibo channel in MT4.
Knowing is not enough, we must apply. Willing is not enough, we must do.
  • #679
  • Apr 28, 2020 5:51am Apr 28, 2020 5:51am
have i done correctly ?
Attached Image (click to enlarge)
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  • #680
  • Apr 28, 2020 6:33am Apr 28, 2020 6:33am
Quoting jamesbond00
{quote} can you tell me how you draw the channels ? . i use trading view and in that i have a channel that is divided in to two parts. although i looked in to MT4 but i can not see a channel that is divided in to four parts ( like your channel is always divided in to four equal parts )
ah caught you ....... did not read the post 1, it's in the link. just joking.
MT4 -> Insert -> Channels -> Fibonacci
use the post 207.
ITB - Seeing Orderliness amongst 'Randomness'
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