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Simple & Consistent Fibbing Method

  • #1,861
  • Edited 7:18pm Aug 29, 2010 6:57pm | Edited 7:18pm
Quoting 99vt66
No disrespect or malice intended ..... but do you honestly believe that you are imparting the right way as to how to pull the fib ?
Hi 99vt66,

Firstly I must say for the few years that I have spent studying/learning FOREX, one of the key things I have learnt is that many traders use many tools in many different ways. To answer your question, we should probably look at the objective to be met. Is the objective being met? Is it repeatable? Is it profitable? Certainly if we should examine all the methods on this forum trading one and the same tool, we would realize that they are utilized according to the traders' perception, with more than one meeting the same objective. So in such a vast, diverse market, which way is the right way? I say, any way/method that meets the objective of the trader, to make pips, repeatedly, will, hands down, be the right way to the trader who trades it.

Best Regards.
Hero Traders Live to see their Accounts Die!
  • #1,862
  • Edited Aug 30, 2010 1:50am Aug 29, 2010 9:12pm | Edited Aug 30, 2010 1:50am
Quoting simoneg
Hi 99vt66,

Firstly I must say for the few years that I have spent studying/learning FOREX, one of the key things I have learnt is that many traders use many tools in many different ways. To answer your question, we should probably look at the objective to be met. Is the objective being met? Is it repeatable? Is it profitable? Certainly if we should examine all the methods on this forum trading one and the same tool, we would realize that they are utilized according to the traders' perception, with more than one meeting the same objective. So in...

Very well said and maybe one day you shall shut me up once and for all by posting one of those big fat repeatable{consistant) profitable trading accounts to show that the objective is real and not a perception.


Cheers and good luck............
  • #1,863
  • Aug 29, 2010 9:39pm Aug 29, 2010 9:39pm
Quoting 99vt66
Very well said and maybe one day you shall shut me up once and for all by posting one of those big fat repeatable{consistant) profitable trading accounts to show that the objective is real and not a perception.


Cheers and good luck............
is others trading account important for you ? if yes... here is my performance after using this methode. and madame simoneg teach us well....

hope this's clear and satisfy you.....
Attached Image (click to enlarge)
Click to Enlarge Name: aug 30.JPG Size: 63 KB
not euphoria follower
  • #1,864
  • Aug 30, 2010 1:27am Aug 30, 2010 1:27am
Quoting 99vt66
Very well said and maybe one day you shall shut me up once and for all by posting one of those big fat repeatable{consistant) profitable trading accounts to show that the objective is real and not a perception. Cheers and good luck............
You obviously didnt read much into the materials for this method for you to even ask your question in the first place. If you did you would know that the Fibs used here are a mirror image above and below the 50% line, meaning it doesent MATTER which way they are pulled.

Simone has posted her results on many occasions. Most of the traders here find this method to be successful. Im still learning but have earnt more pips per trade since the day i started using it than i thought possible in such a short time.

Maybe you could make some time to go through the thread and find those results people have posted and learn the method rather than worrying about how to pull things. You seem pretty good at that already
  • #1,865
  • Aug 30, 2010 1:52am Aug 30, 2010 1:52am
My mouth is shut henceforth....


Cheers and may the green pips be with you and all your supporters always.....GL
  • #1,866
  • Aug 30, 2010 3:05am Aug 30, 2010 3:05am
Quoting simoneg
Hi alex12, yes Fib C is the swing fib. The daily fib is the fibbed on the high to low of the previous day. The Intraday fib, is the fib that is adjusted as the day progresses.
Hi Simoneg.
I think I have understood your profit targets now after you have explained them which look very objective and seem to work very well.
My other question is when your targets are achieved (for example bullish targets) and a reversal happens which is confirmed by the breach of a new breach fib , where will your bearish targets be ?
Really appreciate the time you take to answer our questions.
  • #1,867
  • Aug 30, 2010 4:13am Aug 30, 2010 4:13am
Quoting alex12
Hi Simoneg.
I think I have understood your profit targets now after you have explained them which look very objective and seem to work very well.
My other question is when your targets are achieved (for example bullish targets) and a reversal happens which is confirmed by the breach of a new breach fib , where will your bearish targets be ?
Really appreciate the time you take to answer our questions.
Hi alex12, once bull targets are achieved, I fib that completed up move(swing fib), targeting, on the way downwards, the 50%, then the 19.1%, however, attention is paid to the 80.9 resistance and 61.8% long levels, where buying can continue.
Hero Traders Live to see their Accounts Die!
  • #1,868
  • Sep 4, 2010 6:12am Sep 4, 2010 6:12am
Thank you for this nice thread. Appreciate your efforts vey much.
  • #1,869
  • Sep 8, 2010 12:33pm Sep 8, 2010 12:33pm
Hi all , im a noob to forex been demoing for about a year.
I been following this thread for a short time now.
The quest i have is, how does one get all those fibs on MT4 and save them to bring up on different charts.?
Drives me crazy having to re do them all the time.
  • #1,870
  • Sep 8, 2010 7:06pm Sep 8, 2010 7:06pm
Quoting antcj
Hi all , im a noob to forex been demoing for about a year.
I been following this thread for a short time now.
The quest i have is, how does one get all those fibs on MT4 and save them to bring up on different charts.?
Drives me crazy having to re do them all the time.
Hello there antcj,
it will be a bit of a challenge as you are limited to two choices, either the Expansion or Retracement tools. You can set up the required fib levels on either or both, but it will not be flexible, the same levels will be available each time you Scribe the fibs, the only thing you have available is to colour code the Fib "A", "B" & "C". For the Fib "B" you will have to further improvise and ignore the other levels except the 100, 50 & 0.00%. You have to apply your imagination but it can still be useful if you need to use it.
Bless
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  • #1,871
  • Sep 9, 2010 1:07am Sep 9, 2010 1:07am
Go to the chart, where the fibs are.
Right click on the fib you want to copy to get to the properties.
Then click on the Fibo levels tab.
Click OK.

Then the next time you open the Fib, it will be the same one you just clicked on.
Repeat with any other fib you want to click on.

Its a good idea to keep all your different fibs on one monthly chart as a template. You can then copy at will from here.
  • #1,872
  • Sep 9, 2010 1:20am Sep 9, 2010 1:20am
Thanks guys that was awesome info
  • #1,873
  • Sep 26, 2010 9:20am Sep 26, 2010 9:20am
:nerd:
A. Finesse Williams Making Millions One Pip At A Time!
  • #1,874
  • Sep 26, 2010 1:56pm Sep 26, 2010 1:56pm
Quoting aswilled
:nerd:
anything new?
  • #1,875
  • Sep 26, 2010 6:37pm Sep 26, 2010 6:37pm
Quoting Vark
anything new?
Found a site at wix.com that will allow me to do it. I think I have a clear. Schedule this week where I can get it up and running. I will post it once its done.
A. Finesse Williams Making Millions One Pip At A Time!
  • #1,876
  • Sep 27, 2010 12:14am Sep 27, 2010 12:14am
Quoting aswilled
Found a site at wix.com that will allow me to do it. I think I have a clear. Schedule this week where I can get it up and running. I will post it once its done.
ok, good luck!
  • #1,877
  • Edited 3:04am Oct 6, 2010 2:48am | Edited 3:04am
I want to start a thread but need people to go to my page and vouch for me. For those that know me and I've assisted in their trading experience, I would appreciate your assistance in helping me get vouched for. :nerd:

Until I'm vouched, you can find me in "Trading Discussions" under aswilled trading. Here is the link: http://www.forexfactory.com/showthre...32#post4076132
A. Finesse Williams Making Millions One Pip At A Time!
  • #1,878
  • Oct 6, 2010 3:02am Oct 6, 2010 3:02am
Quoting aswilled
I want to start a thread but need people to go to my page and vouch for me. For those that know me and I've assisted in their trading experience, I would appreciate your assistance in helping me get vouched for. :nerd:

Consider it done. Thank God, SFM has not died after all
  • #1,879
  • Oct 6, 2010 5:58am Oct 6, 2010 5:58am
Quoting aswilled
I want to start a thread but need people to go to my page and vouch for me. For those that know me and I've assisted in their trading experience, I would appreciate your assistance in helping me get vouched for. :nerd:

Until I'm vouched, you can find me in "Trading Discussions" under aswilled trading. Here is the link: http://www.forexfactory.com/showthre...32#post4076132
Dear aswilled.
Thank you very much for your efforts and ask for group permission.
  • #1,880
  • Oct 7, 2010 12:31am Oct 7, 2010 12:31am
Quoting simoneg
Hi 99vt66,

Firstly I must say for the few years that I have spent studying/learning FOREX, one of the key things I have learnt is that many traders use many tools in many different ways. To answer your question, we should probably look at the objective to be met. Is the objective being met? Is it repeatable? Is it profitable? Certainly if we should examine all the methods on this forum trading one and the same tool, we would realize that they are utilized according to the traders' perception, with more than one meeting the same objective. So in...
Hi Simoneg,

I am new to forex market. I have been trading with my demo account for the past 3 months. Found few interesting threads and used few indicators. I felt that I have no control on the market and indicators driving us. That results many false signals and loss. I am reading this thread and using SFM method for the past one week. Now I can feel some kind of control.

Thanks you so much for sharing this trading method/system.
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