I have caught the move down in euro today but would have had a better entry during London. I'll be adjusting my trading hrs accordingly.
K.I.S.S.
My euro short on the alpari 4hr BEOB was closed up for a full position profit. (3 trades on one bar).
5 bars traded this week, CHFJPY BUOB is still open. the 4 realized trades were all winners. +3.5%
I wish I could figure out how to bank a pip everytime someone posted on Jacko's thread.
K.I.S.S.
Hello KissFan,
Just wanted to say thank you for sharing this ideas here! It is a bit difficult to grasp whole concept of fibos you show here, but the One-Bar Fibo extension Target is just fantastic! I have applied it to my charts and I see that the target would've been filled almost on every entry! Fantastic! And I also noticed that many many times this extension would coincide with PPZ,S/R on my chart.
I was also thinking to add 161.8 too. So I would have two extensions for targets. Still experimenting. Anyway, thanks for showing this cool...
Adilius07-
I have enjoyed the journey and you will too with patience. This is my signature trade. Read my post #766 over and over again. I cannot stress enough that bar selection is key. Also, I believe that it is good to know s/r as well. You can make serious $ just on this one trade alone bro. Please visit my journal with your observaions and ideas. I am always looking for that high probability set up with a high probability target. One last thing, some of my best trades have happened when I was patient enough to wait after the break and allow...
Enjoying your thread Roger,
Was wondering if you place your stop behind the PA bar,or just look for S&R within the bar?Thanks!...Josh
As reliable as these set ups are, I have bcome a little more conservative. I have played many ways and it depends on mkt conditions and previous PA. If I enter at the break, I will only put on 1/3 of normal position. The SL will be just above/below the other end of the bar. As of late I have waited until some retracement on most. I'll miss the move on many occasions but my winners are very much more profitable.
K.I.S.S.
http://www.forexfactory.com/showthre...t=12808&page=3
Hey Roger, this thread is right up your alley my man. I'm sure you'll like the read.
Saw that chfjpy daily buob but passed because of the consolidation above that it was heading into. Probably a fine trade just decided that things were about to get kickin real good over the next few weeks and Im trying to be more picky. CHFJPY can be a real good trade if you wait for the 618 retracement before you get in though.
Here is a losing one I had on GBPCHF
