My Fibonacci trading system

You are right mate but i just mentioned according to the rules of this thread method.

I m in but with other method.



When are you start posting your charts.

Note: Check your pm

can you show me how to post charts? its simple but im doing something wrong here.. Since ur curious, i made one trade today at 12:52 GMT which was a long at 61.8 on GBP/JPY @138.610 closed at 139.052

Are you talking about this setup

'u didnt use e strength indicator?'

Hi Yuan83,

At first i learned to trade using many indicators.
Now i trade using mostly fibo + price action (trend line, support & resistant)

For indicators I only use 2 ema line as direction guide.

I will discuss more next time

'Tq 4 ur reply;

Pip26, Les Lau and Yuan83.

I hope can make lots of friends here.
http://cdn.forexfactory.com/images/s.../yim/happy.gif'

Hi Dr Cryonic,

U r welcome!

Me too hope make make lots of friends here

im just waiting for GBP/JPY to set up..seems like a slow day today

Yes salty there are some setups on pending list but seems like make retracement lately maybe at the opening of asian session.

Note: To post charts, when you go to post writing board then look at top of message board section (Attachments) click on it separate window will be open browse your chart from your computer and upload it then close that window, the attachments will be shown in (Attachments) button or below post icons section.

BTW: have u made your skype?

Here is the outcome of my only day trade

here is mine salty..... after a long wait and sleep in front of my pc i got my 1st TP

How many pips do you typically generate when you set your TP using the fibo extension pip26?....im waiting for a setup on the E/J for today...oh and by the way, what time zone are you located in?

here are the result of the E/J trade and it went as expected...i entered a bit early according to the rules and should have waited for 61.8 but anticipation always gets the best of me

There is also a great setup to look for in U/CHF and E/U cause they are in a nice trend and are going to make a retracement soon...Time to draw those fibos and wait for the predictable to happen..

Hello Salty,

I am +4 GMT.... I close half lot size at FE 61.8 and move my stop loss to break even and wait for FE 100.0 then i close half lot of remaining and last lot size move to FE 61.8 and let it run until it hit FE 161.8 or FE 61.8.

You have got some good setups today should have nice pips.

Happy Pipping

Hello All,

do we need to know G7_USD on M15 or H1 or H4 ?.
The reason being asked,what if the currecy pair bounces back from +1 or -1 ?

thanks

Have you actively been trading this system? What arre the estimate results? Especially for beginners

Hi Wjqblog, this your system is very fantastic and I want to try it but I have difficulty in downloading your G7_USD indicator and opening it with MetaEditor.
I'll be grateful if you can send a downloadable version of your indicator and kindly explain how to open it.
Thanks.

This system really looks good and I say thanks for sharing it with us. There is only one problem and that is downloading and opening the G7_USD.ex4 indicator. Please how do we get the one that can be opened easily in the mt4 platform?
Thanks again.

May GOD bless you. Your english is very excellent as long as you are able to pass the message around and we are able to benefit from it. You are doing a very commendable job. Keep it up.

Hi all , i was reading this post since 2 months and i think its time to say CONGRATULATIONS , to wjqblog for sharing this marvelous system with us , and with all the others supporters here helping each other and posting these amazing set ups !!

THANK YOU ALL

by the way its my first post here and i want to contribute and starting to be a very active member of this (i think the best) awesome FX forum....

see you for here,
good trading everyone !

WJQ,

What a great strategy!!! Thanks a million for sharing it. I read it last week and have demo-ed it and the results are too good to be true. It works like a charm. The G7 indicator is superb and combined with fibs it's what i would define as a holy grail for those targetting 30-50 pips per trade. The best part is the multiple set ups you can have with any pairs. So far i dont have a single loss and have made a ton of pips. Thank you and god bless!!!!

For those who have not understood the strategy, please refer to post 66 on page 5 by feihong. Thanks Feihong.

For g7 indicator, download from 1st page into metatrader>experts>indicators. close and open metatrader . attach indicator to chart and double click the indicator from custom indicators in metatrader. once it opens, put in the magic number 6303590 as explained in the very first post and chart. you should have the indicator running on your chart.