DislikedHello wjqblog,
Gong Xi Fa Cai!
I have a few questions about your system:
1.) Do you look for candlestick formations (i.e. pinbars) before taking your trades? Or you just enter buy stop & sell stop orders at the level? I find waiting for candlestick formations will sometimes take you into a trade close to 38.2 (1st target) area. 1st target sometimes will only be 10 pips or less away.
2.) For the multi-fib analysis, do you also take counter trend trades?
3.) You showed that 161.8 FE must be in confluence with 38.2 & 61.8 fib levels to...Ignored
1.I don't know any candles knowlage.only feel.Trade near 1years feel
or sell stop at 38% or 61.8% price.If order mistake I manual entry.
2.Feel again.Maybe trade breakout.But must add stop loss
3.a trend I maybe trade 1-2-3-4.1st trade I will wait Fe161.8
2.3.4 trade
maybe get 10-20pips.maybe all close at fe100.
4.I maybe look
5.Sometime use.Some time i use cci.If I say I don't use any indictiors.You belive?
hehe.
Infact.My and Myteacher mosttime look 9 chart+fibonocci.
it's enough.
