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Powerful Fib Based System - by DAZfx

  • #781
  • Aug 6, 2008 8:01pm Aug 6, 2008 8:01pm
Can anyone tell me how I can get the Fibonacci Retracements and Expansions to show price as well. (On the first page, last post, Daz has a graph that show retracement level @ price. and FE level @ price. How can I get that to show?
  • #782
  • Aug 6, 2008 8:28pm Aug 6, 2008 8:28pm
Quoting Liquid
Can anyone tell me how I can get the Fibonacci Retracements and Expansions to show price as well. (On the first page, last post, Daz has a graph that show retracement level @ price. and FE level @ price. How can I get that to show?
Double click on your mt4 fib tool to get to its properties, then enter the following at the end of a description level:

 @ %$

For example I have mine to display the following description at (1, 0.786, and 0.618 fib levels).

Swing Start (0.0) > %$
Stop Loss Zone (78.6) > %$
Entry Zone (61.8) > %$
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd fe fib....gif Size: 21 KB
  • #783
  • Aug 7, 2008 1:16am Aug 7, 2008 1:16am
Quote
Good work nerry.

The EJ trap didn't work out. if u check the daily EJ, u will notice a bullish divergence but am afraid the bull may not run for long as EJ is heading for all time hi region. strong resistance around 169.95.


Nevertheless, i keep looking for long, and keep my eye on 169.75 arena. i may be wrong

Hope somebody read this!

Eurjpy gave an advanced entry rule and tgt1 is 3pips away from being hit.

Advanced rule!
Look for impulsive wave(swing hi-lo)
wait for retracement to either 38.2 and 50.0
reversal candle on either of the fib ratio
spot divergence on stoch(the chart example gave hidden bullish divergence)
pull your trigger as usual


thanks
Attached Image (click to enlarge)
Click to Enlarge Name: ej-1h.gif Size: 28 KB
  • #784
  • Aug 7, 2008 2:22am Aug 7, 2008 2:22am
Good morning all,

Just seen this potential set up, any thoughts?


Cheers DT
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.gif Size: 17 KB
  • #785
  • Aug 7, 2008 2:33am Aug 7, 2008 2:33am
Looks an A1 advanced setup, DT. Thanks for the heads-up Good to see you around.
  • #786
  • Aug 7, 2008 2:34am Aug 7, 2008 2:34am
Hi DT,
Shouldn't it retrace to 61 fib at least? Or maybe you're just thinking ahead?
Worth watching this one at any rate.
  • #787
  • Aug 7, 2008 2:36am Aug 7, 2008 2:36am
Quote
Advanced rule!
Look for impulsive wave(swing hi-lo)
wait for retracement to either 38.2 and 50.0
reversal candle on either of the fib ratio
spot divergence on stoch(the chart example gave hidden bullish divergence)
pull your trigger as usual

DT,
Sorry, forgot about the advanced setup!
  • #788
  • Aug 7, 2008 2:49am Aug 7, 2008 2:49am
Also just seen this one too for USD_CHF lets see how this one runs.

Not in it yet just observing.

Hi CC thanks for the reply much appreciated and nice to see you back here too.

Yes attictrader you spotted it, advanced entry set up.



Chart below,

Take care,

DT.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.gif Size: 15 KB
  • #789
  • Aug 7, 2008 3:05am Aug 7, 2008 3:05am
i want contribution as this regards from all.

Looking at the trend generally, seems we r going to experience trend change. i was just looking at it general, look at EJ, GU,EU......

i will advice we reduce our risk exposure and still trade our signal as usual.

Good call on UCAD and UCHF. am waiting for good entry using 5sma

CC,DT et al. contribution is needed here
  • #790
  • Aug 7, 2008 3:09am Aug 7, 2008 3:09am
Quoting doubletop
Also just seen this one too for USD_CHF lets see how this one runs.

Not in it yet just observing.
Looks another good value zone to add into (this latest uptrend). Hrly IB triggers useful here.
  • #791
  • Aug 7, 2008 3:10am Aug 7, 2008 3:10am
Thank you, Aad.
  • #792
  • Aug 7, 2008 3:31am Aug 7, 2008 3:31am
Quoting Naijafx
i want contribution as this regards from all.

Looking at the trend generally, seems we r going to experience trend change. i was just looking at it general, look at EJ, GU,EU......

i will advice we reduce our risk exposure and still trade our signal as usual.

Good call on UCAD and UCHF. am waiting for good entry using 5sma

CC,DT et al. contribution is needed here
Certainly something to bear in mind and wouldn't be surprised to see retracements across the board. As long as the HHs/HLs or LHs/LLs stair steps are maintained, i'm happy to tag along.
  • #793
  • Aug 7, 2008 5:16am Aug 7, 2008 5:16am
Quoting doubletop
Good morning all,

Just seen this potential set up, any thoughts?


Cheers DT
I took this one, but scratched it @ b/e based on the indecision within the last hour....i needed to see more momentum to hold any longer given proximity of overhead resistance.
  • #794
  • Aug 7, 2008 5:37am Aug 7, 2008 5:37am
Quoting ChowClown
I took this one, but scratched it @ b/e based on the indecision within the last hour....i needed to see more momentum to hold any longer given proximity of overhead resistance.

Hi CC,

Think you have made the right choice due to the bucket load of news releases coming out shortly.

Take care,

Cheers DT
  • #795
  • Aug 7, 2008 7:47am Aug 7, 2008 7:47am
Tough day

whipsaw here and there, managed to get b/e on ucad and uchf. wow! we don't win everytime.

I think its good to wait maybe till monday NY session to see wot the daily trend will bring.

Just my idea. I might be wrong
  • #796
  • Aug 7, 2008 7:51am Aug 7, 2008 7:51am
Quoting Naijafx
Tough day

whipsaw here and there, managed to get b/e on ucad and uchf. wow! we don't win everytime.

I think its good to wait maybe till monday NY session to see wot the daily trend will bring.

Just my idea. I might be wrong
Better safe than sorry...
  • #797
  • Aug 7, 2008 8:18am Aug 7, 2008 8:18am
that's the spirit bro.
  • #798
  • Aug 7, 2008 10:22am Aug 7, 2008 10:22am
Hi All,

Just logged on to find this set up from today finally hit its T1 target.

Gave me a 57pip gain


Take care all,

Nigel (DT)


**PS Didnt take the earlier USD_CHF
Attached Image (click to enlarge)
Click to Enlarge Name: usd_cad.GIF Size: 19 KB
  • #799
  • Aug 7, 2008 10:26am Aug 7, 2008 10:26am
Quoting doubletop
Hi All,

Just logged on to find this set up from today finally hit its T1 target.

Gave me a 57pip gain


Take care all,

Nigel (DT)


**PS Didnt take the earlier USD_CHF

Nice trade Doubletop.

Good to see you guys back on this thread.
  • #800
  • Aug 7, 2008 10:28am Aug 7, 2008 10:28am
Quoting doubletop
Hi All,

Just logged on to find this set up from today finally hit its T1 target.

Gave me a 57pip gain


Take care all,

Nigel (DT)


**PS Didnt take the earlier USD_CHF
"Well held", DT!....came good in the end. Nice trade.
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