My Fibonacci trading system

feihong帮尽快翻译一下

我不得不更新一下。。虽然我很不知道怎么写。这次我用中文。英文写的累。反正我知道你会帮我翻译
不知道怎么分享。。因为我太兴奋了。。睡觉还能抄到底。。。。。

现在是中国时间12点。坦白说我是早上9点前再睡。并且挂了一多一空两单。

事实证明。。目前看非常成功。。

上图。

Attachment

这个图从头到尾解释一次


从星期五非农前的低位。拉到昨日高点的

38.2%回撤是1.4444

昨日开盘低点拉到昨日高点
61.8%回撤是1.4460

当38.2%和61.8%接近叠加时。称为黄金叠加。会有较强的支持做用（蓝色正方形区域）





这只是第一步



第二步
昨日低点。下跌。再反弹后的fibo扩展线。成功的告诉我第三极限目标在1.4461

1.4461 38.2%回撤1.4444 61.8回撤1.4460
这称为黄金汇聚（如果我没理解错。起码我老师是这么叫我的。但是我掌握的很差）


强支撑。。。极限目标。。

我无颖在此挂多头订单

我初始建立了1%风险的仓位(因为毕竟逆跌势。非顺势）

因此我个人是在1.4460挂的多单
初招止损放在1.4440左右




1.4492时。。

是从昨日高点。拉到目标低点的38.2%回撤。在这里。我结束了一半的多头仓位

我在图上标明了我的第一次入场（向上箭头) 止损（x简头)
并且。。获利一半后我把止损移到了开仓位。。做了平价保护.

如果这次下跌。没有扫我的止损.

我画了第二个箭头去进行加码。
如果扫止损了。算我看错。。。但我个人认为这里是撑住了。

这就是这个系统的第二次更新。。

希望大家灵活应用。

我原来不想说。我实在是不知道怎么去解释。。

确实复杂。。


要多个结构来回去理解。。


feihong希望你英语帮我翻译的足够好
让他们懂。。同时如果你图上哪里看不懂。。

给我留言。


这次入场的目标。也是看启动浪后的黄金扩展位。。目前。暂时不知道。

结束


顺便说句。我现在只用挂单交易

其实连KD。我都不用

但我不否认我自己的第一个系统仍然会是一个出色的系统。就这样

very nice, WJG.WELL DONE.

Chart explanation
Part 1:
1.Draw a fibo from Friday’s low before NFT to the high of yesterday(Monday). The 38.2% retracement is 1.4444;(fibo 1)
2.Draw a fibo from yesterday’s low to yesterday’s high. The 61.8% retracement is 1.4460.(fibo 2)
3.When these 38.2% and 61.8% retracement levels are near each other, they form a ‘golden overlap’. This area has strong support. (Blue rectangle area).

Part 2:
1.Draw a fibo extention from yesterday’s high to the low after that and the retrace high, the target three is 1.4461.;
2.Check part 1, it falls in the golden overlap area between 1.4444 which is 38.2% retracement of fibo 1 and 1.4460 which is 61.8% retracement of fibo 2.
3.This area is the strong support area, the maximum the down trend can go.
4.Therefor I entered long @ 1.4460 using buy stop order with 1% risk (It is opposite the current down trend.). SL 1.4440.

Part 3:
1.Draw a fibo from yesterday’s high 1.4492 to today’s low till now. I closed half of my long positions @ 38.2% retracement.
2.The first up arrow is my first long entry, cross is my SL. After I closed half of my position I BE.
3.If my BE is not hit I am going to enter long again as shown by the second up arrow. If BE is hit, well then I am wrong. But I think it will hold.
4.The target of this long entry is not clear yet because no fibo extention can be drawn yet

Above is my update to my initial system. Hope you guys learn the ideas behind it. It is complicited because you need different fibos and fibo extentions to make it work.

By the way I use stop order only now and I don’t use KD anymore. My initial system is still very good system.

Thank you guys.

翻译的非常不错呀，feihong。god job

谢谢你的翻译

为我的英语老师内牛满面。。。。。。。。。

my 2 entry....

Hi wjqblog,
I have been following this thread since the begining and it is very impressive. On your latest update to this system, you ran the Fib Retracements since last Friday and followed by Fib expansion from Yesterday to identify the "Golden Overlap" area. Since the period stretched over several days, how do you use the G7_USD indicator? Or are you just relying solely on the Fibs with this latest update?

Many thanks/Harry

en....

if you use my new update.

i think you will really know

what is really strong trend.
what is really weak trend

Join really strong trend .Get pips.

I don't hope anybody lost money.

But now i only use fibo retracement and expansion


G7 kd macd .I all don't use. now.

Thanks, that is what I thought.

Harry

Wau nice explain FeiHong, btw i am chinese too..

TipTop

It is man's job. Just kidding. Really nice to know that many people can read Chinese here.

Interesting discussion and thx to wjq, as always. I find the idea of using double fibo's for strong indic of R/S very good.

In #368 he states (in good english) "i think you will really know

what is really strong trend.
what is really weak trend"

Should we derive trend from 4H? I'm not clear on how to feel strongly about current trend from the M15 fibo's. Thx.

drop timeframe!!!!!
this is human custom!!




market only have highest lowest


not have timefreame...


narrow chart....to min.


all clean......

Thx wjq. I'm a programmer so always trying to make it into some logic. Yet, as you point out, market is not so logical, it is more human than logic perhaps.

Previously you stated to only trade with trend. So I will assume all your entries are in trend direction. Hope that's correct.

Anyway, i will work with HH and LL in different ways to create strong R/S. Your charts are helpful and hope we will get a few more examples.

Yeah FeiHong, but Chinese is going to become more and more important in the world, learn one more language will help alot..

TipTop

another setup buy limit eur/jpy

i don't use any indictors.


feihong.

if you know my rules.


can you explan the rule to us??

where is the entry .stop loss??

target know i don't know must wait wave run~~

where is target??

i don't know

maybe have 4 target....i don't

look chart....

but ...must 70pips retracement...

i think





i only now

a wave 38.2% or 61.8% retracement

Are these two fibos correct to find area of strong resistence?

Dear wjqblog and Feihong!

You can view more screenshots where properly drawn FIBO1 and 2?

Have difficulty understanding the tradenig system in English, plus an understanding of the system.


Thank you.

Zukkerro

.i meant GOOD JOB. it was typo.