DislikedThanks mate, appreciate it. I just could not understand where the names were coming fromIgnored
Anyone has any question I will be happy to answer at my best of ability.
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DislikedThanks mate, appreciate it. I just could not understand where the names were coming fromIgnored
DislikedAnd this will bring us to the 1hr. chart where we make the decisions.
We have a very strong up move which actually start thursday with almost no retracement so far.This move has to get some pull back at some point.If you decide to trade short keep in mind you're trading against a very strong trend.Longs are the trades what I'm looking for after I see some sort of retracement. I like to see if support inner levels get tested in the London session eventuallyIgnored
DislikedSpeedarad,
YOU R A CHAMP, thanks alot for the detailed setup, much appreciated.
Now I just need to start using it and get the hang of it.
Just one question, on the 1hr chart, once a candle closes do you move the intraday fibo up to the next high if one is formed, or is this only done at the end of each day?
Ignored
DislikedMost of the time the answer to this question is NO....but there are some exceptions.The intraday fib measures, basically the high and the low of the day.So you have your fib placed on the previous day move and you wait to see the retracement unfold.Your decision is made in the highlighted box(inner fibs levels) where you may encounter a bounce from this levels.Sometimes you will have a move which will be longer than a day till you get a retracement and then intraday fibs will encompass the whole move even if it's larger than 24 hr.
Now if tomorrow...Ignored
DislikedThanks for the advice, so I have tried putting this into pratice today on my demo account, but I have traded on GY & AU.
Do you have any preference for a currency pair?
Below are my setups for today!!!
The right time to enter would be once the intraday long fibo has been broken is that correct?Ignored
DislikedThanks for the advice, so I have tried putting this into pratice today on my demo account, but I have traded on GY & AU.
Do you have any preference for a currency pair?
Below are my setups for today!!!
The right time to enter would be once the intraday long fibo has been broken is that correct?Ignored
DislikedJust wondering wich ma and setting your are using on your aud/usd chart you post in this last chart? Please?Ignored
DislikedOnce a fib is broken on all three levels, does it still have any importance? Here the blue fib has been broken, as price continues to go up. should this old fib be deleted?Ignored
Dislikedhow much time do u we need to put in thise sys on singel day?
and how avg profit its make on avg month?
and on what pair does u play ?(one pair? or more?)
thanksIgnored
DislikedIts like anything in life if you want to be good you have to put time. Also you cant replicate anyones trading experience or stats untill you have traded the market yourself for a good period of time goodluck.Ignored
DislikedIts like anything in life if you want to be good you have to put time. Also you cant replicate anyones trading experience or stats untill you have traded the market yourself for a good period of time goodluck.Ignored