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Attachments: Simple & Consistent Fibbing Method
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Simple & Consistent Fibbing Method

  • #1,481
  • Jun 20, 2010 11:10am Jun 20, 2010 11:10am
Quoting CanuckCT
Fib levels work great when you can identify the swing to attach it to....
Your method of fibbing is standard. Its the way everyone that knows fibbing fibs. Our method of fibbing is unique. Stick around this thread and you will see the difference.
A. Finesse Williams Making Millions One Pip At A Time!
  • #1,482
  • Jun 20, 2010 5:16pm Jun 20, 2010 5:16pm
Quoting iqyusan
Are we in price rejection range ? or we are in bull continuation ? ..
The market shall tell you shortly
A. Finesse Williams Making Millions One Pip At A Time!
  • #1,483
  • Jun 20, 2010 8:56pm Jun 20, 2010 8:56pm
I was hoping for a more constructive comment...but I'll play along for a bit.

Here's a trade I just closed on GU. Target met.

I have your breach fib on this chart....and will post it next.

Cheers
CanuckCT

Attached Image




Quoting aswilled
Your method of fibbing is standard. Its the way everyone that knows fibbing fibs. Our method of fibbing is unique. Stick around this thread and you will see the difference.
  • #1,484
  • Jun 20, 2010 9:00pm Jun 20, 2010 9:00pm
i dont know why, but im still scratching my head with this method.. haha
maybe it's because i am newbie
  • #1,485
  • Jun 20, 2010 9:01pm Jun 20, 2010 9:01pm
First application of breach fib...and a sell
Attached Image (click to enlarge)
Click to Enlarge Name: GU-100.png Size: 36 KB

Since a downtrend...move down to next lower level...another sell
Attached Image (click to enlarge)
Click to Enlarge Name: GU-200.png Size: 37 KB

Once breached, move again to next lower level. Reversal and a buy.
Attached Image (click to enlarge)
Click to Enlarge Name: GU-300.png Size: 39 KB

Once breached, then move breach fib up? Seems like I start over if this reverses.
Attached Image (click to enlarge)
Click to Enlarge Name: Gu-400.png Size: 33 KB

Cheers
CanuckCT
  • #1,486
  • Jun 20, 2010 9:08pm Jun 20, 2010 9:08pm
Swing fib and breach fib....after it was moved. A couple of entries here and some positive pips. :-)
Cheers
CanuckCT

Attached Image (click to enlarge)
Click to Enlarge Name: GJ.png Size: 27 KB
  • #1,487
  • Jun 20, 2010 9:25pm Jun 20, 2010 9:25pm
Quoting CanuckCT
First application of breach fib...and a sell
Attachment
Since a downtrend...move down to next lower level...another sell
Attachment
Once breached, move again to next lower level. Reversal and a buy.
Attachment
Once breached, then move breach fib up? Seems like I start over if this reverses.
Attachment
Cheers
CanuckCT
CanuckCT, on the first picture, what do you do with your position? i mean how do you react to this situation whether to open a post or ??
care to comment? thanks..
  • #1,488
  • Jun 20, 2010 9:56pm Jun 20, 2010 9:56pm
Quoting sepak.orang
i dont know why, but im still scratching my head with this method.. haha
maybe it's because i am newbie
your head is inching because,
you don't know how to trade. I will send you books that will teach you. after you learn how, sfm will be easy to learn. You can not use this method w/o first learning how to trade.
A. Finesse Williams Making Millions One Pip At A Time!
  • #1,489
  • Jun 20, 2010 10:01pm Jun 20, 2010 10:01pm
Quoting aswilled
your head is inching because,
you don't know how to trade. I will send you books that will teach you. after you learn how, sfm will be easy to learn. You can not use this method w/o first learning how to trade.
Hi master....

is there any other books besides simoneg's guidance on the first page ? if there is... may u share it here brother .... ? many thanks
  • #1,490
  • Jun 20, 2010 10:03pm Jun 20, 2010 10:03pm
Quoting aswilled
your head is inching because,
you don't know how to trade. I will send you books that will teach you. after you learn how, sfm will be easy to learn. You can not use this method w/o first learning how to trade.
thanks
hope to learn from that book
  • #1,491
  • Jun 20, 2010 10:25pm Jun 20, 2010 10:25pm
Quoting aswilled
your head is inching because,
you don't know how to trade. I will send you books that will teach you. after you learn how, sfm will be easy to learn. You can not use this method w/o first learning how to trade.
Me too please.. I'm excited but still confused too.. Thanks..
  • #1,492
  • Jun 20, 2010 10:34pm Jun 20, 2010 10:34pm
Quoting iqyusan
Are we in price rejection range ? or we are in bull continuation ? ..
Are we waiting for this ? Price Rejection: Page 15 of Simoneg PDF
  • #1,493
  • Jun 21, 2010 12:15am Jun 21, 2010 12:15am
Morning All, could be sellers time this week. Watchout! We could be in for a fall to 1.4470 or lower. Let's see how support levels at 1.4805, 1.4769 and 1.4643 hold up, should we sell off this level.
Hero Traders Live to see their Accounts Die!
  • #1,494
  • Edited 1:38am Jun 21, 2010 1:14am | Edited 1:38am
Hi all,

Are these the correct entries for the breach from the high of 1.4935 (today's GU):

1st entry: 1.4915
2nd entry: 1.4902
3rd entry: 1.4890 (edited to 4878)
4th entry: 1.4866

Thanks...
  • #1,495
  • Jun 21, 2010 2:05am Jun 21, 2010 2:05am
G MAE all .....
  • #1,496
  • Jun 21, 2010 2:08am Jun 21, 2010 2:08am
Quoting iqyusan
G MAE all .....
whats that bro iqyu?
  • #1,497
  • Jun 21, 2010 2:12am Jun 21, 2010 2:12am
Quoting sepak.orang
whats that bro iqyu?
Good Morning, afternoon and evening brother ...... .

Brother djnarrow.... pa kabar lhaaaaaaa ?
  • #1,498
  • Jun 21, 2010 2:16am Jun 21, 2010 2:16am
Quoting a2xm
Hi all,

Are these the correct entries for the breach from the high of 1.4935 (today's GU):

1st entry: 1.4915
2nd entry: 1.4902
3rd entry: 1.4890 (edited to 4878)
4th entry: 1.4866

Thanks...
Hi a2xm,

I have 1.4904, 1.4896, 1.4880, 1.4870(pending)
Hero Traders Live to see their Accounts Die!
  • #1,499
  • Jun 21, 2010 2:42am Jun 21, 2010 2:42am
Quoting simoneg
Hi a2xm,

I have 1.4904, 1.4896, 1.4880, 1.4870(pending)
Thanks simoneg, that's really helps me to learn.

Some more questions here:

Is there any correlation between the 50% breach method and the intraday method? Is it a separate method or we use it together?

What are the purpose of the Target 1 & 2 (-34%, -55% & 134%, 155%) on intraday, if we always changing the hi and low of the day?

Hope those are not silly questions Thanks in advance.. Many green pips for you..!
  • #1,500
  • Jun 21, 2010 2:53am Jun 21, 2010 2:53am
Quoting a2xm
Thanks simoneg, that's really helps me to learn.

Some more questions here:

Is there any correlation between the 50% breach method and the intraday method? Is it a separate method or we use it together?

What are the purpose of the Target 1 & 2 (-34%, -55% & 134%, 155%) on intraday, if we always changing the hi and low of the day?

Hope those are not silly questions Thanks in advance.. Many green pips for you..!
Hi a2xm,

Yes we use the 50% breach along with the intraday fib.
Also, the intraday targets show the best places to take profit as those are the levels at which the market is likely to pullback or reverse.
Remember also that as the market waves to its ultimate destination for the day, there are interim destinations or pit stops.
Hero Traders Live to see their Accounts Die!
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