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Powerful Fib Based System - by DAZfx

  • #821
  • Aug 11, 2008 6:56am Aug 11, 2008 6:56am
good day all,

there was a very funy setup on GU earlier today. the swing AB was 3candles with the gap and tgt1 and 2 was hit.......

I call it funny setup bcoz the swing AB minimum candle as required by daz should be 4.

the mkt is still trying to get its rythm. we are waiting patiently.

Mike
  • #822
  • Aug 11, 2008 5:53pm Aug 11, 2008 5:53pm
Good trades for Daz traders as usual.

2 wins in a row....

Here is the screenshot of EURJPY that did well today
thanks
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  • #823
  • Aug 12, 2008 1:16am Aug 12, 2008 1:16am
May have a set up .
  • #824
  • Aug 12, 2008 7:56am Aug 12, 2008 7:56am
EURGBP hit its 3tgts for good pips.

EURCHF is on the search radar and might be the next victim.

seems GU 1hr is in formation but this looks trickish but will plunge-in in as much as we have a setup.

Green pips to us all
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  • #825
  • Edited 8:14am Aug 12, 2008 8:08am | Edited 8:14am
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  • #826
  • Aug 12, 2008 1:57pm Aug 12, 2008 1:57pm
Is anybody profitable using this system?
  • #827
  • Aug 12, 2008 3:17pm Aug 12, 2008 3:17pm
here is another winner in GU.

How I wish i have known this method 3yrs ago.

EURCHF is still playing along, dancing around our trap.
lol
Attached Image (click to enlarge)
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  • #828
  • Aug 12, 2008 3:38pm Aug 12, 2008 3:38pm
hello noel

check your email
  • #829
  • Aug 12, 2008 3:44pm Aug 12, 2008 3:44pm
Quoting Naijafx
here is another winner in GU.

How I wish i have known this method 3yrs ago.

EURCHF is still playing along, dancing around our trap.
lol
Hi Naijafx,

You are getting some great trades with this method, it certainly is a very consistant method of trading.

Please keep posting your trades.

Noel.
  • #830
  • Aug 12, 2008 3:52pm Aug 12, 2008 3:52pm
Quote
Hi Naijafx,

You are getting some great trades with this method, it certainly is a very consistant method of trading.

Please keep posting your trades.

Noel.

Hello noel,

am committed to the course
  • #831
  • Aug 12, 2008 5:16pm Aug 12, 2008 5:16pm
Look for long on EURCHF on daily time frame once price breaks through 5sma up
thanks
  • #832
  • Aug 13, 2008 2:28am Aug 13, 2008 2:28am
Hello Trader,

This method have its setup formation anytime of the session in as much as we are trading in the direction of the trend.

As at the time i am typing TGT 1 is already met

Mike
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  • #833
  • Aug 13, 2008 2:34am Aug 13, 2008 2:34am
EURJPY
AUSD




where is CC,DT,MAZDAZ et al?
plz keep posting ur possible setup coz i do miss many as well
thanks
Mike
  • #834
  • Aug 13, 2008 5:00am Aug 13, 2008 5:00am
Hi Naijafx,
I have just finished reading the whole thread, it is a great thread, great method of trading that dazfx has shared with us all, i have been watching the aud/usd for a few hours too may be a short posibility soon.
you all are doing a great job keeping this thread alive, and now i have read it i will be visiting regularly.

One thing that puzzles me is normally when a thread has broken down it is because others have taken it over and made changes to it or the market those some difficult time at those trying to trade the method and they loose money and quickly loose interest, but i just didn't see this with this thread, did anything like this happen in the trading room, and is daz still trading this system?

cheers and may the pips be with you

Geoff
  • #835
  • Aug 13, 2008 5:02am Aug 13, 2008 5:02am
Possible setup on EURUSD 4h
  • #836
  • Aug 13, 2008 5:38am Aug 13, 2008 5:38am
Quoting Naijafx
EURJPY
AUSD




where is CC,DT,MAZDAZ et al?
plz keep posting ur possible setup coz i do miss many as well
thanks
Mike
. Hi Mike, I have not been able to trade and unable to post as well hopefully to join anytime from now. Kudos to u for keeping the thread going cos i have been reading and watching and find out that u just the only one posting. Good job there. Pls do not stop.Thanks. Nerry.
  • #837
  • Aug 13, 2008 5:51am Aug 13, 2008 5:51am
Guyz i miss the following trades but they are in play, i was watching olympics and got my attention divided.

EURUSD 4hr
EURJPY 1hr all short

Quote
Hi Mike, I have not been able to trade and unable to post as well hopefully to join anytime from now. Kudos to u for keeping the thread going cos i have been reading and watching and find out that u just the only one posting. Good job there. Pls do not stop.Thanks. Nerry.

http://www.forexfactory.com/images/buttons/quote.gif


Thanks nerryE,

The successful traders have gotten an edge and most importantly they trust their edge.... Mike douglas.

People have their reasons for not posting and its OK but am doing good with it and will keep posting.
Thanks
  • #838
  • Aug 13, 2008 5:55am Aug 13, 2008 5:55am
i will advice that stop loss be moved to breakeven on those trades while half is closed at 1:1 as they are presently. bcoz of the strong supports that have been broken for a long period.


EURCHF hasn't trigger on the daily
  • #839
  • Aug 13, 2008 6:02am Aug 13, 2008 6:02am
Quoting geoffrod
Hi Naijafx,
I have just finished reading the whole thread, it is a great thread, great method of trading that dazfx has shared with us all, i have been watching the aud/usd for a few hours too may be a short posibility soon.
you all are doing a great job keeping this thread alive, and now i have read it i will be visiting regularly.

One thing that puzzles me is normally when a thread has broken down it is because others have taken it over and made changes to it or the market those some difficult time at those trying to trade the method and they loose money and quickly loose interest, but i just didn't see this with this thread, did anything like this happen in the trading room, and is daz still trading this system?

cheers and may the pips be with you

Geoff
Hi Geoffrod,

We haven't had DazFx around for sometime, not sure why. It's a great method with 'clean' waves....like any good method, having the patience to wait for the A1 setups to keep the win rate high, has perhaps reduced the interest of those initially attracted to the thread. The tradingroom was fine, but no more valuable than using the thread to post, imo.

Cheers
  • #840
  • Aug 13, 2008 6:04am Aug 13, 2008 6:04am
Quoting Dejan
Possible setup on EURUSD 4h
Thanks Dejan. Nice hidden divergence on the stoch too.
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