I know Skunny said to fib out weekly and monthly....does that mean just the last week or month or possibly zooming out to place fibs over a range of swing hi/lo's over several weeks or months to show entry points?[/quote]
Piphitman,
I am super interested in this.
It stands that you fib one thing like you fib everything else otherwise this is discretionary me thinks. I am working on tfs... and pa..
I have a suggestion... TRY... drawing you fib on a different tf and scaling 1 tf to trade it. ... but use the rules you normally do to draw. Let me know what you come up with this just came to me while I was posting about something else... It may solve MY fib placement questions. Maybe yours too..
I am interested to see your results. check it out and i will too. could be wrong.. am a lot. Looked good on UY.really good.
Sizz.
wait check that... Fib the higher tf and look at the lower tf for confirmation.that would fit with what Skunny said...so I like that more..thinking on the fly..
edit alright I ahve a live set up running.. I am allowing for .5-1 pip for "pip perfect' I am doing it on a super small tf. If it works I am going to sleep andtesting tomorrow if not I am tweaking and testing all through london. and ny like a maniac. thena gain I need my beauty sleep.hmm
I have a pierce... does it complete or rocket the other way... I feel like I am live trade calling..with all the nerve jangling "fun" well lets see..could be the 4 cherry coke zeros..
alright it has come within 2 pips of my tp I am going to wait for it to either complete or break polar opposite. it failed;(
Piphitman,
I am super interested in this.
It stands that you fib one thing like you fib everything else otherwise this is discretionary me thinks. I am working on tfs... and pa..
I have a suggestion... TRY... drawing you fib on a different tf and scaling 1 tf to trade it. ... but use the rules you normally do to draw. Let me know what you come up with this just came to me while I was posting about something else... It may solve MY fib placement questions. Maybe yours too..
I am interested to see your results. check it out and i will too. could be wrong.. am a lot. Looked good on UY.really good.
Sizz.
wait check that... Fib the higher tf and look at the lower tf for confirmation.that would fit with what Skunny said...so I like that more..thinking on the fly..
edit alright I ahve a live set up running.. I am allowing for .5-1 pip for "pip perfect' I am doing it on a super small tf. If it works I am going to sleep andtesting tomorrow if not I am tweaking and testing all through london. and ny like a maniac. thena gain I need my beauty sleep.hmm
I have a pierce... does it complete or rocket the other way... I feel like I am live trade calling..with all the nerve jangling "fun" well lets see..could be the 4 cherry coke zeros..
alright it has come within 2 pips of my tp I am going to wait for it to either complete or break polar opposite. it failed;(