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Attachments: The Fibonacci channel projections (FCP)
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The Fibonacci channel projections (FCP)

  • #681
  • Apr 28, 2020 6:46am Apr 28, 2020 6:46am
Quoting jamesbond00
have i done correctly ? {image}
point 1 and 2 correct if you arrived at your computer at the left vertical line where the fib was drawn.
if you arrived 10 bars earlier, the channel would have been steeper, unless you want to wait for further development.
ITB - Seeing Orderliness amongst 'Randomness'
  • #682
  • Apr 28, 2020 7:38am Apr 28, 2020 7:38am
Quoting jamesbond00
have i done correctly ? {image}
Just to add on to the reply from IntheBox, you may want to configure the fibo channel as such.
Attached Image (click to enlarge)
Click to Enlarge Name: tradingview.PNG Size: 74 KB
Knowing is not enough, we must apply. Willing is not enough, we must do.
  • #683
  • Apr 28, 2020 7:48am Apr 28, 2020 7:48am
Quoting Unmotivated
{quote} Just to add on to the reply from IntheBox, you may want to configure the fibo channel as such. {image}
cheers man i did that. really appreciate.
now i have to conisder how to use it. lol that is the hard part ( although how to draw is not also easy ).
appreciate all the help here.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2020-04-28 18-16-45.png Size: 179 KB
  • #684
  • Apr 28, 2020 8:24am Apr 28, 2020 8:24am
gj regular divergence at resistance zone
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 18 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #685
  • Apr 28, 2020 8:57am Apr 28, 2020 8:57am
[quote = Seysin32; 12905069] {quote} Привет всем! Хорошее движение вчерашней модели: {image} Прямо сейчас: {image} [/ quote]
Hi Seysin32, do you have this trading system in Russian?
  • #686
  • Apr 28, 2020 10:17am Apr 28, 2020 10:17am
The key is whether the price will continue in the direction of the channel break or in the direction of the channel. What helps you make decisions?
Please excuse the bad English via Google Translate.
  • #687
  • Apr 28, 2020 10:21am Apr 28, 2020 10:21am
Quoting Inthebox
london session aud strong {image}
london open.
ea hidden divergence.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 25 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #688
  • Apr 28, 2020 10:27am Apr 28, 2020 10:27am
Quoting dokopy
The key is whether the price will continue in the direction of the channel break or in the direction of the channel. What helps you make decisions?
check h4/h1 trend, if trading m15/m5.
ITB - Seeing Orderliness amongst 'Randomness'
  • #689
  • Apr 28, 2020 11:32am Apr 28, 2020 11:32am
Friends, I said everything I wanted about the FCP method. I outlined the essence of the method, its rules and gave many examples (including several examples of live trading in the FCP). I believe that information, to understand enough, you only need to practice. Anyone who carefully studys everything that is collected in post 1 and reads in a thread a discussion, will be able to understand and use FCP. Now I have nothing more to add. I hope you will be react with understanding to the fact that I will rarely appear. I wish you good health, good mood and successful trading.
Sey.
  • #690
  • Apr 28, 2020 11:52am Apr 28, 2020 11:52am
Quoting Seysin32
Friends, I said everything I wanted about the FCP method...
Thank you for all your guidance here. Really appreciate.
Knowing is not enough, we must apply. Willing is not enough, we must do.
  • #691
  • Apr 28, 2020 11:58am Apr 28, 2020 11:58am
Quoting Seysin32
Now I have nothing more to add. I hope you will be react with understanding to the fact that I will rarely appear. I wish you good health, good mood and successful trading. Sey.
every banquet has to come to an end somehow........
thank you for your time and effort in sharing without reservation.
have a blessed life.
please do drop by now and then.
ITB - Seeing Orderliness amongst 'Randomness'
  • #692
  • Apr 28, 2020 12:13pm Apr 28, 2020 12:13pm
Spasibo Seysin32 and Thank you Inthebox.
Great thread. Looks like I'm starting to understand how to draw channels and fib retrenchment, and it took me only 3-4 hours of reading this post and practicing. I'm far away from correct drawing but understanding is there. Now just "small part" left called practice. Don't want to ask any questions at this point as I think reading over and over and over all information multiple times will get me an answer, plus it's better learning that way. God bless you both and hope you have a successful trading ahead.
  • #693
  • Apr 28, 2020 12:33pm Apr 28, 2020 12:33pm
Quoting taksistalo
Spasibo Seysin32 and Thank you Inthebox. Great thread. Looks like I'm starting to understand how to draw channels and fib retrenchment, and it took me only 3-4 hours of reading this post and practicing. I'm far away from correct drawing but understanding is there. Now just "small part" left called practice. Don't want to ask any questions at this point as I think reading over and over and over all information multiple times will get me an answer,...
well said.
but alas, there are some who wants short cut without spending the 4 hours of reading, much less reading over multiple times, preferring half understood knowledge.
ITB - Seeing Orderliness amongst 'Randomness'
  • #694
  • Apr 28, 2020 1:19pm Apr 28, 2020 1:19pm
Quoting Seysin32
Here is a similar example. This is todays USD/JPY chart. {image}
i made a trade in my demo account it worked so thanks to you . but during the trade i had many difficulties. one of which was how do i even possibly know when the breakout id going to happen ? . now you may ask then how you made the trade. actually it was a retest to the trendline but it was also a trade that i did not cared to lose of demo so i made that but before that i made some trade on the same chart thinking there was a breakout and my stop loss hit but this time it was perfect. it will be great of you if you could go through entering of trade in FCP . thanks the trade is shown below
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2020-04-28 23-43-13.png Size: 191 KB
  • #695
  • Apr 28, 2020 3:41pm Apr 28, 2020 3:41pm
Quoting Seysin32
Friends, I said everything I wanted about the FCP method. I outlined the essence of the method, its rules and gave many examples (including several examples of live trading in the FCP). I believe that information, to understand enough, you only need to practice. Anyone who carefully studys everything that is collected in post 1 and reads in a thread a discussion, will be able to understand and use FCP. Now I have nothing more to add. I hope you will be react with understanding to the fact that I will rarely appear. I wish you good health, good mood...
Hello
You are a great man and one of best teachers, actually the best one in my trading time. (years)
Thanks a lot and wish you better.
  • #696
  • Apr 28, 2020 9:55pm Apr 28, 2020 9:55pm
Quoting Inthebox
ej h1 {image}
ej h1 with m15 fcp
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 35 KB
ITB - Seeing Orderliness amongst 'Randomness'
  • #697
  • Apr 28, 2020 10:01pm Apr 28, 2020 10:01pm
Quoting Inthebox
{quote} ej h1 with m15 fcp {image}
Hi Inthebox, are the small red and blue arrows your trade entry and exit?
Knowing is not enough, we must apply. Willing is not enough, we must do.
  • #698
  • Apr 28, 2020 10:03pm Apr 28, 2020 10:03pm
Quoting Unmotivated
{quote} Hi Inthebox, are the small red and blue arrows your trade entry and exit?
yes. sell and exit. click on the image may be clearer.
first entry per h1, 2nd per m15.
ITB - Seeing Orderliness amongst 'Randomness'
  • #699
  • Apr 28, 2020 10:05pm Apr 28, 2020 10:05pm
Quoting Inthebox
{quote} yes. sell and exit. click on the image may be clearer.
Is there an mt4 file for this? I have been trying to look for one. Thanks.
Knowing is not enough, we must apply. Willing is not enough, we must do.
  • #700
  • Apr 28, 2020 10:10pm Apr 28, 2020 10:10pm
Quoting Unmotivated
{quote} Is there an mt4 file for this? I have been trying to look for one. Thanks.
don't understand. mt4 file for which item? all drawn by hand.
or do you mean the app for image capture?
ITB - Seeing Orderliness amongst 'Randomness'
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