FF journal: Peaks and Troffs

Break Out + Pull Back & Pure Break Outs 59 replies
BB break + trendline break 24 replies
Looking for L > Break High Break Low Indicator 1 reply
Break out and fake out 0 replies
DislikedI was wondering about your winning % as we haven't had a losing trade on this thread yet. Well done. I was watching this trade yesterday but passed on it and went with E/J as it was a tidier looking chart. On the G/$ I was weary of the resistance at 1.4693. Did you enter on break above 1.47 and where did you place your stop when trading off the 4 hour? I agree about posting live calls, it really shows how well a method stands up.
CheersIgnored
Dislikedhi
i am a fairly newbie...been reading for a few months and trying to demo.....have been reading your thread but i thought you pulled the fibs from the low to high or high to low of the day....i noticed you pulled from each movement.....my fib were wrong therefore my box was off and i was caught in the false breakup long.
really appreciate help
enjoy your thread alotIgnored
DislikedPower Trader and Bogus, I joined in the study last night and I have to say I am a nobody and have been in and out of Forex off and on for a long time. I have been gone a while after doubling and losing a small acct using a robot for a first,,, But I am happy to have found this strategy as I did grasp it the first night! Thanks Guys. I feel a few years creeping back into my life. I would like to join in the active learn if you don't mind being a tiny bit redundant for us older guys.
I have the MT4 from Interbank (I will call them,,, I don't need...Ignored
DislikedHere is the setup for the night. Lets see where it goes from here.Ignored
DislikedI'm waiting for it to breakout. It's in an upward trend. But has hit the top of the 4 hour channel. It's a bit overbought. So I'll wait for a direction.Ignored
DislikedHi PowerTrader,
I found this thread a few days ago and am totally at home here. This is basically how I have been trading recently and yes, it does work. During the course of a day there can be several opportunities in the lower TFs. I do the same thing, i.e: look at the H4 for overall direction and then drill down to the M15 and often times will draw fibs on the M5 and M1 and trade those as well. I had not been drawing trendlines, but I can see how they really benefit the overall picture.
Anyway, thanks for sharing and best of trading to...Ignored