Powerful Fib Based System - by DAZfx | Page 14 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Spud's MTF FIB Breakout System 383 replies

Fib/trendlinebreak entry exit system 4 replies

LFB System - London Fib Breakout 45 replies

Target Yearly 30-40% - Fib-Ox System Journal! 17 replies

Resurrected Powerful Dazfx AMG wave 20 replies

Attachments: Powerful Fib Based System - by DAZfx
Exit Attachments

Powerful Fib Based System - by DAZfx

  • #261
  • Mar 28, 2008 11:52am Mar 28, 2008 11:52am
Quoting Pipsforall
Haha, its just on my radar, no guarantee it will retrace. But, that is the ABCD wave setup should it and the stochastic are in agreement with the trade.

just sharing..no intention of creating something new..DAZFX system already perfecto!

my idea..
i reckon ema21 is the axis of price on tf30!
price will always comeback to ema21 after making a moved!

pls check the chart!

pid
http://pic50.picturetrail.com/VOL400.../310684151.jpg
{Promotion Removed}
  • #262
  • Mar 28, 2008 12:23pm Mar 28, 2008 12:23pm
Quoting popisdead
just sharing..no intention of creating something new..DAZFX system already perfecto!

my idea..
i reckon ema21 is the axis of price on tf30!
price will always comeback to ema21 after making a moved!

pls check the chart!

pid
http://pic50.picturetrail.com/VOL400.../310684151.jpg
hey pip ,
so do u mean d best entry wud be wen d price comes back to 21ema..just to hve tightest of stop loss
  • #263
  • Mar 28, 2008 12:35pm Mar 28, 2008 12:35pm
Quoting roger0078200
hey pip ,
so do u mean d best entry wud be wen d price comes back to 21ema..just to hve tightest of stop loss
no..
i wont change anything..DAZ already clarified..entry would be using sma5 with the aid stochastic 833..and that would be it..

my intention is..playing a long play on the retracement

just playin' nottie..

pid
{Promotion Removed}
  • #264
  • Mar 28, 2008 12:40pm Mar 28, 2008 12:40pm
Quoting popisdead
no..
i wont change anything..DAZ already clarified..entry would be using sma5 with the aid stochastic 833..and that would be it..

my intention is..playing a long play on the retracement

just playin' nottie..

pid
i hear u pid...but sometimes...drawing the fib line become really tricky eh...
  • #265
  • Mar 28, 2008 12:49pm Mar 28, 2008 12:49pm
Quoting roger0078200
i hear u pid...but sometimes...drawing the fib line become really tricky eh...
roger..study all the examples given by DAZ and others in this thread..
you will get the idea..

even myself...is not familiar with fibo! i think..this is my 1st time drawing fibo!

learn..and like BAZ always said..patience is the KEY!

pid
{Promotion Removed}
  • #266
  • Mar 28, 2008 12:51pm Mar 28, 2008 12:51pm
Quoting popisdead
roger..study all the examples given by DAZ and others in this thread..
you will get the idea..

even myself...is not familiar with fibo! i think..this is my 1st time drawing fibo!

learn..and like BAZ always said..patience is the KEY!

pid
yeah just need to get hang of it...i saw ur charts and u hve all oz setups too..eh...so ur entry from now on wud be prcise
  • #267
  • Mar 28, 2008 12:56pm Mar 28, 2008 12:56pm
Quoting roger0078200
yeah just need to get hang of it...i saw ur charts and u hve all oz setups too..eh...so ur entry from now on wud be prcise
hey pid.. i was wondering wat u think of the thread of 21EMA 30 min
http://www.forexfactory.com/showthread.php?t=76331
  • #268
  • Mar 28, 2008 1:01pm Mar 28, 2008 1:01pm
Quoting roger0078200
yeah just need to get hang of it...i saw ur charts and u hve all oz setups too..eh...so ur entry from now on wud be prcise
i think im a little bit dizzy here

OZ(AC+AO)+BAZ(Ema)+DAZ(FIB)=$$$$$$$$

heheheh..

pid
{Promotion Removed}
  • #269
  • Mar 28, 2008 1:04pm Mar 28, 2008 1:04pm
Quoting roger0078200
hey pid.. i was wondering wat u think of the thread of 21EMA 30 min
http://www.forexfactory.com/showthread.php?t=76331
hei dude..
thanks so much..
i dunno about this thread!!

will look at it..ASAP

do u know any thread on ema60 on tf5??

pid
{Promotion Removed}
  • #270
  • Mar 28, 2008 1:07pm Mar 28, 2008 1:07pm
Quoting popisdead
hei dude..
thanks so much..
i dunno about this thread!!

will look at it..ASAP

do u know any thread on ema60 on tf5??

pid
hm..60 ema on t5 not really...but as per baz 60 ema is a really strong one on 30 min....wonder waz gonna hpn wen baz od and dazfx come together to make a trade ...i think theres gonna be an explosion of $$$$$$$
  • #271
  • Edited 1:32pm Mar 28, 2008 1:21pm | Edited 1:32pm
Quoting popisdead
just sharing..no intention of creating something new..DAZFX system already perfecto!

my idea..
i reckon ema21 is the axis of price on tf30!
price will always comeback to ema21 after making a moved!

pls check the chart!

pid
http://pic50.picturetrail.com/VOL400.../310684151.jpg
price already comeback to ema 21,but stochastic is not showing SHORT position yet..price maybe going up until ema60 or fib61.8% the retracemnet alone worth atleast 50+pips..phewwww..lovely!

pid
http://pic50.picturetrail.com/VOL400.../310692690.jpg
{Promotion Removed}
  • #272
  • Mar 28, 2008 2:00pm Mar 28, 2008 2:00pm
DAZ and everybody.. thanks so much for sharing this system.. on personal level..i love this system! see u guys on monday! PiD
{Promotion Removed}
  • #273
  • Mar 28, 2008 2:06pm Mar 28, 2008 2:06pm
Quoting popisdead
price already comeback to ema 21,but stochastic is not showing SHORT position yet..price maybe going up until ema60 or fib61.8% the retracemnet alone worth atleast 50+pips..phewwww..lovely!

pid
Hey PID Look on the daily chart. You see nice 61.8 retrace (Doji candle) signaling a short based on this setup. Stoch is hooking down. Confirmation candle is a nice bear candle, but 5MA is somewhere at the 2.0000 level. So maybe that will be a good entry point for a short (this is on the daily, so if you are day trading, then use this level as a good resistance and find a better entry on the smaller timeframes.

My 2 cents
  • #274
  • Mar 28, 2008 2:17pm Mar 28, 2008 2:17pm
hi, where did u pull your swing high and low for this fibo coz am seeing something different. but your kind response will really be of help
  • #275
  • Mar 28, 2008 2:19pm Mar 28, 2008 2:19pm
Quoting Dazfx
Hi Doji Star (nice name btw),

About the GU Daily chart, if you have a bullish bias on GU you can target the FE 78.6 region (2.05 level).

But this is my take on the GU Daily.

Attachment

Next week will be very important.
Naija, I was looking at this chart.
  • #276
  • Mar 28, 2008 9:50pm Mar 28, 2008 9:50pm
Quoting mazdaz
Hey PID Look on the daily chart. You see nice 61.8 retrace (Doji candle) signaling a short based on this setup. Stoch is hooking down. Confirmation candle is a nice bear candle, but 5MA is somewhere at the 2.0000 level. So maybe that will be a good entry point for a short (this is on the daily, so if you are day trading, then use this level as a good resistance and find a better entry on the smaller timeframes.

My 2 cents
thanks for the tips mazdaz! will look into it! pid
{Promotion Removed}
  • #277
  • Mar 29, 2008 2:26pm Mar 29, 2008 2:26pm
wah, u also join here eh...

good setup for fibo....Dazfx....
i really enjoy reading your thread.

wanna master the fibo swing high, swing low....

keep it up.
  • #278
  • Mar 30, 2008 7:55am Mar 30, 2008 7:55am
Quoting bujal38
wah, u also join here eh...

good setup for fibo....Dazfx....
i really enjoy reading your thread.

wanna master the fibo swing high, swing low....

keep it up.
yes bujal..
learning never stop!

and with DAZFX great system..im sure..sooner many more will come here!

thanks DAZ!

pid
{Promotion Removed}
  • #279
  • Mar 30, 2008 8:38am Mar 30, 2008 8:38am
in 2007 and 2006 we saw a tremendous improvement in ff
and now, people start learning of price action.

it means, people skilss become much much better.
so lets help Dazfx contribute to community....

cayok......
  • #280
  • Mar 30, 2008 9:22pm Mar 30, 2008 9:22pm
hi daz.. I really like this thread , its teach me how to draw Fib. pls correct my position in gj its ok to entry ?
Attached Image (click to enlarge)
Click to Enlarge Name: daz sample live 6.gif Size: 13 KB
2 traders viewing now