Abcd fibo retracement trading journal

Today 5min chart A-100 B-50 for both.

support and resistance by color.
When the market breaks the current Fibo you can plot another just like the pics show.

Thank you for taking the time to explain your detailed strategy...

Thank you for taking a look. Your welcome to post any evaluation related to my method if you like.

Looks very interesting. Will review and query. Appreciate the transparent approach.
U will Surely gain a lot of followers.

The basics of my system is the trades moving from C to D, which is ( number to number) color to color. However, there is a numerical difference when using the custom Fibtool or the standard Fibonacci retracement with MT4 or MT5.

Here is the standard numbers:

0-9-8-7-6-5-4-3-2-1-0-9-8-7-6-5-4-3-2-1-0

Here is the custom Fibtool number sequence:

0-9-8-7-6-5-4-3-2-1-0-1-2-3-4-5-6-7-8-9-0

The reason for the difference is, my custom Fibtool only uses the retracement numbers to calculate the lines. I have to put a (-) value to give me the (D) expansion levels.
That is the reason I colored the retracement level the same as the appropriate numerical expansion level.

No matter which tool I use C will always go to the appropriate D level.

The reason I use the levels with the numbers I use, is simply, it's simple. And they are more accurate than the Fibonacci numbers that everyone is using, which do not work IMO.

When a expected numerical D is hit and the market moves past immediately, that tells you something.

If after hitting the numerical D and the market retraces, that tells you something.

If after hitting the numerical D the market pulls back but does not hit your numerical C, that tells you something.

You cannot glean that information from the retracement numbers everyone uses.

By using the standard Fibonacci numbers in the retracement and expansion tools that are standard on most platforms you cannot find out if the market reactions are accurate. The numbers they use are not even true Fibonacci numbers.

I got tired of using indicators and not knowing how they work, why the work or don't work.

This is the secret to the markets: it is all simple mathematics.

Every indicator built calculates a number with another number and plots a line, bar, or dot. That is mathematics at work.

Second: most trades are made by algorithms which are ideas translated into a mathematical sequence.
Look at the market at the end of the day on a 1 min chart, the market jumps up and down a thousand times in a few seconds hitting the same price on the top then the bottom. That is a algorithm doing that.

There is not a hundred guys or gals sitting there clicking a mouse a thousand times a second entering and exiting positions.

It's all mathematics; simple mathematics.

A-100 B-100 projection.

Here is a Weekly projection nearly identical projections as the Daily.

4hour levels

This one is overlaid on the A-100 B-50 4Hour.
Notice the length of the C pullbacks. The first is small then the 2nd one before hitting the D is long.
After the market hit the D the pullback to the C is small. When the market hits the 2nd D, I expect a long pullback similar in size as the 1st.

It appears that some of my recent postings have been deleted by a maintenance issue with FF. Here are some but not the same.
My point was, having a big picture and a known end target before you do your analysis is the only way you will know if the market has changed and where exactly is that change going.

Market returning to the middle after making it's destination. Last one has not completed, so what is the direction?

Notice the orange boxes. They point out when the market speed up and slowed down and is a gauge of the intents of the market makers.

Without having a way to measure or gauge when and where an event should or should not take place is trading blind.
All you need to properly measure the market is points A and B, trendlines and my Fibonacci.
Here is what I mean: