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Trading with the zones

  • #1
  • First Post: Edited Nov 29, 2021 1:47am Dec 6, 2020 9:40pm | Edited Nov 29, 2021 1:47am
I used Fib and pivot, high, low to create zones and levels for my trades. Because they are used by retail traders, they work, they are a tool for Market Markers to find liquidity.
  • #2
  • Edited 10:15pm Dec 6, 2020 9:46pm | Edited 10:15pm
Zones on GU, AU, NU, UC, UJ.
Note: on AU, price bounced up from M R38, Q R50. So I would look for entry to go long in this zone on lower timeframes.
On NU, price bounced down from M R38 and Y R61. Looking for short in this zone.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 32 KB
Click to Enlarge Name: GBPUSDDaily.png Size: 39 KB
Click to Enlarge Name: NZDUSDDaily.png Size: 33 KB
Click to Enlarge Name: USDCADDaily.png Size: 36 KB
Click to Enlarge Name: USDJPYDaily.png Size: 42 KB
  • #3
  • Dec 7, 2020 12:59am Dec 7, 2020 12:59am
Some cross pairs on Daily chart.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDCADDaily.png Size: 49 KB
Click to Enlarge Name: AUDJPYDaily.png Size: 44 KB
Click to Enlarge Name: EURAUDDaily.png Size: 49 KB
Click to Enlarge Name: EURCADDaily.png Size: 51 KB
Click to Enlarge Name: EURJPYDaily.png Size: 48 KB
Click to Enlarge Name: GBPAUDDaily.png Size: 47 KB
Click to Enlarge Name: GBPCADDaily.png Size: 49 KB
Click to Enlarge Name: GBPJPYDaily.png Size: 45 KB
  • #4
  • Dec 7, 2020 1:25am Dec 7, 2020 1:25am
Fibo is a great tool. Lots of traders use it. I am amazed at the confluence of levels.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCADDaily.png Size: 36 KB
  • #5
  • Dec 7, 2020 2:26am Dec 7, 2020 2:26am
GBPCAD M5, price bounced exactly from the zone.
Just scalp.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCADM5.png Size: 27 KB
  • #6
  • Dec 7, 2020 2:53am Dec 7, 2020 2:53am
EURUSD M1
Harvest some pips during the London opening session. I finished my day, still monitoring the price action on the level.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 27 KB
  • #7
  • Dec 7, 2020 3:12am Dec 7, 2020 3:12am
Hello nst0904

or find the indicator that gives the fibo, M/Q/Y

Thank,s
  • #8
  • Dec 7, 2020 4:55am Dec 7, 2020 4:55am
Quoting mchl13
Hello nst0904 or find the indicator that gives the fibo, M/Q/Y Thank,s
Attached File(s)
File Type: tpl Fibo Level System.tpl   53 KB | 1,637 downloads
Attached File(s)
File Type: ex4 Fibo Levels.ex4   20 KB | 1,912 downloads
Attached File(s)
File Type: ex4 Round Numbers Beige.ex4   10 KB | 1,666 downloads
  • #9
  • Dec 7, 2020 5:27am Dec 7, 2020 5:27am
hi, nts0904, i found 'fibo levels.ex4' can not work in my mt4, it displays only a line... what's wrong with it? or can you upload the .mq4 ?
thank you very much.
  • #10
  • Dec 7, 2020 6:08am Dec 7, 2020 6:08am
i encount this problem.
Attached Image (click to enlarge)
Click to Enlarge Name: 4921938c87791dd8b50d5040729aa32f.png Size: 63 KB
  • #11
  • Dec 7, 2020 6:44am Dec 7, 2020 6:44am
Quoting giraffze
hi, nts0904, i found 'fibo levels.ex4' can not work in my mt4, it displays only a line... what's wrong with it? or can you upload the .mq4 ? thank you very much.
I only have ex4 file.
  • #12
  • Dec 7, 2020 7:09am Dec 7, 2020 7:09am
Quoting nts0904
The zones are the confluence of Fibo levels of previous Week, Month, Quarter, Year ranges (highs and lows). Below is an example of EURUSD Daily. Price have bounced off from M R78 (Month R) and Q R61 (Quarter R). So I would be looking for entry to go short on lower timeframes (M15, M30, H1, H4) in the zone of M R78 and Q R61. {image}
Hello thank you very much for sharing, can you tell me what is your winning rate with this system/how much have you made in pips and how long you been using it. Thanks!
  • #13
  • Dec 7, 2020 9:49am Dec 7, 2020 9:49am
Quoting vusi2
{quote} Hello thank you very much for sharing, can you tell me what is your winning rate with this system/how much have you made in pips and how long you been using it. Thanks!
You are asking me a difficult question. I am using Fibo levels to identify zones where the price might bounce from them. I usually look for entries in low timeframes. The winning rate depends on your experience. With me, it's about 80% wining rate because I don't take big profits, I am willing to take profit when the price moves against my trade.
  • #14
  • Dec 17, 2020 9:03am Dec 17, 2020 9:03am
Hi all,
I took a vacation and now I'm back to thread to continue sharing this system. I contacted my friend who wrote the line indicator for this system. He says lines are pivots. Well, they are the same as Davit pivot indicators, but they are calculated by week, month, quarter and year. So if anyone can possibly rewrite this indicator. We will discuss deals with specific zones.
  • #15
  • Dec 17, 2020 9:07am Dec 17, 2020 9:07am
Quoting nts0904
Hi all, I took a vacation and now I'm back to thread to continue sharing this system. I contacted my friend who wrote the line indicator for this system. He says lines are pivots. Well, they are the same as Davit pivot indicators, but they are calculated by week, month, quarter and year. So if anyone can possibly rewrite this indicator. We will discuss deals with specific zones.
Can you ask him for a trading instruction PDF on how he trades this system??
How have you been trading this all along?
  • #16
  • Dec 17, 2020 9:14am Dec 17, 2020 9:14am
Quoting vusi2
{quote} Can you ask him for a trading instruction PDF on how he trades this system?? How have you been trading this all along?
He just gives me the indicator and shows me the confluence zones of the levels. I rely on my experience to trade. I trade a pullback after breaking out of a zone. But if I see move quickly to a zone, I can trade against the trend with a small stop loss and exit on profit above 1R.
  • #17
  • Dec 17, 2020 9:57am Dec 17, 2020 9:57am
During my vacation I looked at pivots, and I saw their advantage in bias and trends. Maybe that's my second strategy. It won't take much effort and is more recognizable.
  • #18
  • Dec 17, 2020 10:01am Dec 17, 2020 10:01am
guys, I need to download a drawing, can someone help me
  • #19
  • Dec 17, 2020 10:14am Dec 17, 2020 10:14am
I know many traders have lost money to try systems. And now I offer all free. I will answer any questions tomorrow, after I give you a more visual view of the market.
Without the holy grail, anything can happen in the mảket. What you need is the trend advantage. If you are a professional trader you can look for highs and lows. But I am not a professional trader and I choose to follow the trend, it is less stressful to trade against the trend.
  • #20
  • Dec 17, 2020 10:18am Dec 17, 2020 10:18am
Quoting Clovisan
guys, I need to download a drawing, can someone help me
Templates and indicators I share don't work for other accounts. I will give you a new strategy to follow the trend and have a more intuitive view of the market.
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