Simple & Consistent Fibbing Method

Thanks meovn!

I must say that I am really proud of everyone who has played a role in taking this thread to this point. I am very happy and trust that as each person matures with the method, you will see it fit to help out others coming along. Looking forward to greater things. Lets make the best of it!!!


Blessings!

Looking back at the week of Mar 8th - 12th, we see that we started out selling followed by major buying creating a higher high and higher low, which are the warning signs of a beginning UP trend. We have unachieved BULL Targets going into next week, so should the climb continue, we should expect these to be achieved between Monday and Tuesday. We are however at the top of our trading channel and can expect pull back to the 1.5085 area (top yellow circle). Deeper retracement may take us lower to the back side of our counter down trendline at 1.4990 to 1.5000. From the chart you will notice that the bull targets for Mar 8-12 are the same as next weeks targets and so, should we get there, some nice selling should take place. We are bouncing of the 19.1% off last weeks swing which usually terminates at the 127.2%. This would be closer to the 1.5320 resistance level. Looking lower we see that on the upward trend line of this new climb, a 1 and 2 have already been done. Meaning the trendline has been hit twice, so we are awaiting a 3, which could be the place we actually retrace to before going really bullish. This is shown at the 3rd yellow circle in the chart below at 1.4940-50.

Blue Horizontal Line - Resistance
Yellow Circles - Key Price Levels

http://img717.imageshack.us/img717/9083/next2.jpg

You will observe that the second bull target from fibbing today's high to low is 1.5320 which is the exact price of our next major resistance level from the previous chart.

http://img31.imageshack.us/img31/7140/fridayx.jpg

interesting system, camping here to learn and test out the strategy. Thanks for sharing.

Thanks very much aswilled! Please see my PMs.

HI EVERYONE,

Aswilled and myself have been working tirelessly to put this method together for you.
So far the PDF I promised is close to completed and I have posted a link to it at the beginning of the thread.
I need your feedback since, at the end of the day, it is you who determines whether it is clear and or easy to understand. Please take a few minutes to go through. I would like feedback from those who have been following and those just joining.

Please email your feedback on the PDF at the beginning of the thread to [email protected]

Much appreciated!
Simoneg

Thank you for the PDF, curious as to what the % of winning trades this has produced for you since you have started this?

Hi djhex,

You are welcome! It is somewhere above 70%. For the past two weeks it was higher. If you go through you will see the trades that I took. You can also join us at 3:00am Monday for your own evaluations.

Simoneg

Thank you for the invite! I also trade 12am PST on up do we have a chat room? if not one should be setup to discuss trades and charts instead of posting feedback on here.

No we don't have a chatroom just yet! The thread is still very young and we are just setting foundation. That is a good idea though. Where can I go to get that going?

Please email your feedback on the PDF at the beginning of the thread to [email protected]

thanks!

http://widget.mibbit.com/?settings=4...nel=%23fibbing

click the link to join the fibbing channel, its registered and can be visited any time! I dont know how to redo the link to just say "fibbing irc channel" so it just shows the whole web URL.

Or just copy/paste the "forum" tag in. Imageshack.

Great! Thanks very much djhex! I am in the chat room now waiting for you.

Folks...things have become a lot more exciting. We now have a Chatroom.

Thanks djhex!

Much is accomplished when we work together!

ok I am off for now! Still updating the PDF, your input is important.

Blessings!

Rewrite the hyperlink code...

Hi guys thanks for your hard work, Iºll read he pdf asap and comments will follow for sure

Now something bugging me... how to read last week chart, two option available... the blue and we are going to retrace hard, the red and we going higher, your views will be appreciated. thanks

sorry itºs not GU but plays the same for sure.
http://img706.imageshack.us/img706/2...8mar132058.gif

Hi Zaka,

I will respond to your post shortly.