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My Fibonacci trading system

  • #281
  • Jan 6, 2010 4:03am Jan 6, 2010 4:03am
Quoting bags1
im in wih you
looks like a perfect entry
with the stochs playing ball
GU also took reversal from 61.8 daily fib level
  • #282
  • Jan 6, 2010 4:12am Jan 6, 2010 4:12am
Hello fibonacci traders,

I think we should start some chat room to discuss our trades and learn from seniors.

What senior members say?
  • #283
  • Jan 6, 2010 4:30am Jan 6, 2010 4:30am
Quoting promethias28
just copy and paste,these are the templates and indicators
http://www.4shared.com/account/dir/2...ng.html?rnd=45
Thanks for the sharing
  • #284
  • Jan 6, 2010 8:19am Jan 6, 2010 8:19am
Quoting Federali
OK, Hum Euro streanth is not to +1. but close the yen is way below 2 on the 1hr and 15min. so pullback to 38.2 132.33, pretty close to 21ema on the 15min and 1hr 50 ema. but realy i would like at pullback to 50fib at 132.19. now we have the daily pivot there 50 ema and the 21ema on the 1hr chart. So will do two trades. entry at both levels and SL is 15pips. then i will will enter again at the 50fib with same SL. BIG news coming up in 2hrs.
Federali
quoting myself...LOL

OK SWEET SETUP.... Ck out the out come. Nice.
Federali.
Attached Image (click to enlarge)
Click to Enlarge Name: EU TP012.jpg Size: 273 KB
  • #285
  • Jan 6, 2010 9:09am Jan 6, 2010 9:09am
Works great for Gbpjpy. Long @ 146.90. Exit @ FE 100.0 - 147.90. Profit is about 100 pips.
Attached Image
  • #286
  • Jan 6, 2010 12:33pm Jan 6, 2010 12:33pm
Everyone looks good results have been
This is my greatest reward.
Although I feel that something better
But what I have now is already enough for you
Your achievements are for me the greatest return.
Congratulations!
  • #287
  • Edited 8:33pm Jan 6, 2010 8:32pm | Edited 8:33pm
Hi Wjqblog,


I was wondering if u would be willing to share the mql.file for your G7 indicator. I want to see if i can make any improvements to it.
  • #288
  • Edited 10:03pm Jan 6, 2010 10:00pm | Edited 10:03pm
just did a perfect trade on gu
sorry dont really know how to post chart
but 15 min gu with trend sold at 1.6018 38.2 retracement and stochs above 80 fe to 100%
winner winner chicken dinner

thanks a lot[IMG]file:///C:/Program%20Files/Go%20Trader%20MT4/templates/fib.gif[/IMG] for the system
  • #289
  • Jan 6, 2010 11:25pm Jan 6, 2010 11:25pm
Hi, wjq. I'm going to engage in forex transaction in a short time maybe one or two months.I saw your chart shows that you use oanda platform to trade with live account. Then I browsed its website and found it provide realy small pips. But I can seldom find its ad in other places. Could you tell me your feeling using this platform? Thank you very much, using chinese is OK, cause I'm Chinese too.
maybe it's not suitable to put this post here,but I'm a junior member which can't sent private message or email,hehe. I'm sorry.
  • #290
  • Jan 7, 2010 12:05am Jan 7, 2010 12:05am
Quoting Smart Su
Hi, wjq. I'm going to engage in forex transaction in a short time maybe one or two months.I saw your chart shows that you use oanda platform to trade with live account. Then I browsed its website and found it provide realy small pips. But I can seldom find its ad in other places. Could you tell me your feeling using this platform? Thank you very much, using chinese is OK, cause I'm Chinese too.
maybe it's not suitable to put this post here,but I'm a junior member which can't sent private message or email,hehe. I'm sorry.
Hi Su
i have heard good reports about Oanda platform although I don't use it myself
" When the ship starts to sink, don't just pray. JUMP "
  • #291
  • Jan 7, 2010 12:45am Jan 7, 2010 12:45am
Quoting Gladis Night
Hi Su
i have heard good reports about Oanda platform although I don't use it myself
Thank you for replying me,Cladis Night. I used its demo platform and found it didn't have mt4, a little pity.
Is there a thread that introduce most popular forex brokers?
  • #292
  • Edited 1:35am Jan 7, 2010 1:21am | Edited 1:35am
CADJPY, M15
Fibonacci Expansion
And Pivot Point DR1 90.08 just now reached. Might be it goes further up till Pivot DR2 90.730

Enter Short Option:
Market price has to close on the other side to EMA 5 (southside, downwards) for an Entry Short and the Pivot Point DR1 Level (northside) must withstand the attack for an furhter upside movement.

Note:
Watching Daily chart you'll realize that price is at top of resistance line from 2009 August 07.
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY, M15, 2010 January 07.jpg Size: 157 KB
  • #293
  • Jan 7, 2010 1:44am Jan 7, 2010 1:44am
hi sorry still no chart but just went short on gu again in retracement to 38.2 on 15 short at 1.5949 anyone else go
  • #294
  • Jan 7, 2010 3:21am Jan 7, 2010 3:21am
Quoting bags1
hi sorry still no chart but just went short on gu again in retracement to 38.2 on 15 short at 1.5949 anyone else go
Google gadwin prin screen. download free version. Then you can take a pic of what on your screen. if u look at your key board u will find a print screen button. usually top right somwhere. That way you can post your trade setup befor you take the trade. Then one after the trade. I like to do it that way. It's better to take pics before and after trade so everyone can learn. Very sceptical when all you see(not in this thread) is winning trades many candles after entry. it's better to show a chart before entry that way it's more beleivable. thats just the way forex goes. Its ok if you don't win all the trades. i don't. and i'll post my loosing ones also. let me know in what i can help.
Federali
  • #295
  • Jan 7, 2010 3:30am Jan 7, 2010 3:30am
Quoting Federali
Google gadwin prin screen. download free version. Then you can take a pic of what on your screen. if u look at your key board u will find a print screen button. usually top right somwhere. That way you can post your trade setup befor you take the trade. Then one after the trade. I like to do it that way. It's better to take pics before and after trade so everyone can learn. Very sceptical when all you see(not in this thread) is winning trades many candles after entry. it's better to show a chart before entry that way it's more beleivable. thats...
cheers will do this

please note i posted trade as i placed trade check your fibs with the times i posted
ps i only trade gu normally have traded this pair for 3 years know it love it
  • #296
  • Jan 7, 2010 3:45am Jan 7, 2010 3:45am
Quoting bags1
hi sorry still no chart but just went short on gu again in retracement to 38.2 on 15 short at 1.5949 anyone else go
[IMG]file:///C:/Program%20Files/Go%20Trader%20MT4/templates/gu%20trade.gif[/IMG]
  • #297
  • Jan 7, 2010 4:03am Jan 7, 2010 4:03am
Ok, now i know there is res at 90.30 from last decade. daily high.
But i'll looks like it might push by that. so i we get pull back 38.2% or even lower. enter 89.69 and tp 90.30is. if you do a 20pip sl including spread(spread is 5) u will have 1-3 risk reward. now these few days of the month have tons of news. so just be carefull and have tight SL. i'll try to keep posting updated charts. If you see there is Sup at the 38.2Fib 89.69. and u look at all the G7 on all TF CAD strong and JPY week. look at 4hr pink line. there is another sup at 89.50 around the 50Fib level. there is also a 1hr 21 ema. so u can do two entries. lets see if we get setups. don't forget to look at the stoch before trade.
Federali
Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy.jpg Size: 263 KB
  • #298
  • Jan 7, 2010 4:17am Jan 7, 2010 4:17am
Quoting Smart Su
Thank you for replying me,Cladis Night. I used its demo platform and found it didn't have mt4, a little pity.
Is there a thread that introduce most popular forex brokers?
Hi Su
choice of broker is individual, most find a broker they like and use a different platform
" When the ship starts to sink, don't just pray. JUMP "
  • #299
  • Jan 7, 2010 4:44am Jan 7, 2010 4:44am
Suggessions
welcome
Attached Image (click to enlarge)
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  • #300
  • Jan 7, 2010 5:11am Jan 7, 2010 5:11am
Entry @ 1.4374
SL @ 1.4401
TP1 @ 1.4345
TP2 @ 1.4310
Attached Image (click to enlarge)
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