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Fibonacci Paradise

  • #261
  • May 4, 2010 10:53pm May 4, 2010 10:53pm
Quoting Misterdaz
The fibs work on all timeframes. My least stressful are the orders I set just before I go to bed. LOL.

Nice to see you here Checkz anyway, where's that Compass...

MD.
Im glad you, Bartstop and Thomknight are willing to teach us what you feel Skunny really wanted us to know. As for FxCompass the last time he posted he was still dealing with the task of moving. And I agree that these fibs work on all timeframes. I had forgot about fibbing the single candle method until you started doing it and now im hooked. It's easier for me to trade. Ive been trying to post a couple of charts but I got a new laptop and haven't firgured out how to get it to do it yet.
  • #262
  • May 5, 2010 1:11am May 5, 2010 1:11am
Quoting OGW
I know you guys don't trade this pair but just for the record I'm posting an updated chart as I believe it was a beauuutiful setup, please correct me if I'm wrong.

Oh by the way, I found a post of Scotty B. that insinuates that ThomKnight is in fact Skunny!
I prefer to see a 61.8 and then a pierce followed by another inner fib respect. But I believe a 61.8 then a pierce is ok to take.

As for that other post we are aware of that. I don't think Thom is Skunny but whoever he is he's a decent chap for taking the time out of his day to teach what he knows.

MD.
Keep smiling
  • #263
  • May 5, 2010 3:48am May 5, 2010 3:48am
Attached Image (click to enlarge)
Click to Enlarge Name: gu050510.png Size: 15 KB
Keep smiling
  • #264
  • Edited 5:47am May 5, 2010 5:31am | Edited 5:47am
I've got a short order on this at 1.2933.

Attached Image (click to enlarge)
Click to Enlarge Name: eu050510candle.png Size: 9 KB


MD.

Edit: If you ray the above fib left a 138 can be found.
Keep smiling
  • #265
  • May 5, 2010 6:09am May 5, 2010 6:09am
While modifying the order to bring the target closer I accidentally closed this trade for 2 pip. DUH !! Then I watch it go to target for 20 pips about half an hour later.
Attached Image (click to enlarge)
Click to Enlarge Name: 0505 eu 1d.gif Size: 26 KB
  • #266
  • May 5, 2010 6:32am May 5, 2010 6:32am
Quoting skong
While modifying the order to bring the target closer I accidentally closed this trade for 2 pip. DUH !! Then I watch it go to target for 20 pips about half an hour later.
At least it was a win.

MD.
Keep smiling
  • #267
  • Edited 8:10am May 5, 2010 7:41am | Edited 8:10am
Quoting Misterdaz
I've got a short order on this at 1.2933.

Attachment

MD.

Edit: If you ray the above fib left a 138 can be found.
Target acquired, thankyou TK.

MD.

Edit: This was a live one for the bank and one for my demo.
Keep smiling
  • #268
  • Edited 8:54am May 5, 2010 8:21am | Edited 8:54am
Pip perfect target. Reversal time.

EDIT: Candle must close first.

EDIT II: Jumped the gun on that one. It blew right throught the target. Time to update the 4hr at the top of the thread.
Attached Image (click to enlarge)
Click to Enlarge Name: ej reversal.gif Size: 24 KB
  • #269
  • May 5, 2010 9:10am May 5, 2010 9:10am
EUR USD 4h has left the building as well.

MD.
Keep smiling
  • #270
  • May 5, 2010 9:33am May 5, 2010 9:33am
Quoting Misterdaz
EUR USD 4h has left the building as well.

MD.
Already updated it.
  • #271
  • May 5, 2010 9:45am May 5, 2010 9:45am
Quoting Misterdaz
Attachment
Done.
  • #272
  • May 5, 2010 9:46am May 5, 2010 9:46am
I see you you have gone with a 138 on the EJ.

MD.
Keep smiling
  • #273
  • May 5, 2010 9:51am May 5, 2010 9:51am
Quoting Misterdaz
I see you you have gone with a 138 on the EJ.

MD.
Do you think the 61 fits better? I didn't see much respect.
  • #274
  • May 5, 2010 3:09pm May 5, 2010 3:09pm
or is it me...
Keep smiling
  • #275
  • Edited 4:08am May 6, 2010 1:56am | Edited 4:08am
Quoting Misterdaz
Attachment
Complete.

MD.

EDIT: This is not complete, I was looking at the wrong fib, apologies!
Keep smiling
  • #276
  • May 6, 2010 3:17am May 6, 2010 3:17am
This has got me ineterested this morning. I fibbed the latest candle and worked back. I haven't traded it but I am observing.

Attached Image (click to enlarge)
Click to Enlarge Name: eu060510.png Size: 11 KB


MD.

Edit: Sorry guys I didn't realise I had left this on 4h but still interesting.
Keep smiling
  • #277
  • May 6, 2010 3:27am May 6, 2010 3:27am
I fibbed the the big red candle, 3rd one in and had a fiddle.

Attached Image (click to enlarge)
Click to Enlarge Name: eu060510a.png Size: 13 KB


MD.
Keep smiling
  • #278
  • May 6, 2010 3:30am May 6, 2010 3:30am
Quoting Misterdaz
Complete.

MD.
Er,
Excusez-moi , but I don't see how ?

SK
  • #279
  • May 6, 2010 3:37am May 6, 2010 3:37am
Quoting skong
Er,
Excusez-moi , but I don't see how ?

SK
You are quite right it isn't, yet. I had moved that fib in my chart package and the one I had on there was complete. Apologies.

MD.
Keep smiling
  • #280
  • May 6, 2010 3:44am May 6, 2010 3:44am
Quoting Misterdaz
You are quite right it isn't, yet. I had moved that fib in my chart package and the one I had on there was complete. Apologies.

MD.
No worries mate. I thought I was missing something.

Cheers
SK
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