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Powerful Fib Based System - by DAZfx

  • #2,321
  • Sep 29, 2011 2:26pm Sep 29, 2011 2:26pm
This setup did its job by reaching 10962. 100+ pips in a few hours.

Quoting Lanes110
>>Take a look at this.
  • #2,322
  • Oct 5, 2011 4:34am Oct 5, 2011 4:34am
Currently there is an ABCD on 1H USDCHF chart. Let's see how it develops.
Attached Image (click to enlarge)
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  • #2,323
  • Oct 5, 2011 5:52am Oct 5, 2011 5:52am
Quick 55 pips for a risk of 35 pips. Powerful method if applied patiently.
Attached Image (click to enlarge)
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  • #2,324
  • Mar 19, 2012 12:33pm Mar 19, 2012 12:33pm
Nice setup here for TP hit.

Cheers DT.
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  • #2,325
  • Edited 7:18am Mar 20, 2012 3:39am | Edited 7:18am
Latest work in progress attached.

Cheers DT


*** SL HIT -27 ***
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  • #2,326
  • Mar 24, 2012 8:58am Mar 24, 2012 8:58am
GBPJPY
This is a very nice setup on the H1. H4 and D1 are reversing, hence we consider the trend to be in bear momentum.

All three targets will yield roughly 180 pips. Anyway, here's the chart.
Attached Image (click to enlarge)
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  • #2,327
  • Mar 24, 2012 9:21am Mar 24, 2012 9:21am
Same thing here...
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  • #2,328
  • Mar 26, 2012 1:37am Mar 26, 2012 1:37am
Unfortunately these two did not work out although conditions were met.
  • #2,329
  • Edited 4:47am Mar 26, 2012 4:27am | Edited 4:47am
Hi Sara,

Did you get the DazFX Chat room Link???Please advise.Thank you...
  • #2,330
  • Edited 6:15am Mar 26, 2012 5:01am | Edited 6:15am
Morning Guys,

Just entered this on Eur_Jpy although not looking too clere at the mo.

4 hour set up.

Cheers DT.

*** SL HIT, REASON: BIG ERROR ON ENTRY POINT AS STOCH HAD NOT CLOSED., SHOULD OF WAITED FOR CLOSED CROSS ENTRY ***
Attached Image (click to enlarge)
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  • #2,331
  • Apr 26, 2012 11:50pm Apr 26, 2012 11:50pm
can any one plz help me to set up the charts and plz help to set the FIBO and how to measure it FIBO , I AM FINDING BIT DIFFICULT TO DO TI IF ANY ONE KIND ENOUGH TO HELP ME IN THIS
  • #2,332
  • Apr 27, 2012 12:17am Apr 27, 2012 12:17am
i am not able to plot those AB C with two different fibo plus i want the fibo with those levels which shows resistance entry rate sl tp1 tp2 etc if some one can explain
  • #2,333
  • Apr 27, 2012 4:11am Apr 27, 2012 4:11am
i am new guy in this chat room hope seniors will help me , i am really happy to see some logical trading going on here and with lot of help and expect little bit also i will get , i was just helping myself out and learned and hope you will guide me

i am looking for EURUSD long as it has touched the 61.8% bounce back just waiting for the stochastic to give a cross and bar closes after h4

to be all of on same page i am planning to just trade H4 and to make sure we all trade in one direction i have added MACD

if macd above the 0 line i will only look for reversals only to buy and if MACD below the 0 line will look only for the reversal to sell

plz help me with the chart i am just looking to to go long after the current BAR closes and stochastic gives perfect crossover

If any one has tpl plz do do help too
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  • #2,334
  • Apr 28, 2012 12:34am Apr 28, 2012 12:34am
hellof we notice i had posted H4 EURUSD perfect bounce on 200 ema plus good reversal bar from the from 61.8% levels fibo MACD is in favor , stohastoc has gone up

its good buy

and otheer chart i noticsed was USDCHF
that aslo reversed from 61.8% levels perfect reversal bar
jump from the resistance 200 EMA and macd is down stohastic went down
good placet o sell


now since we know that H4 is down trend since macd is down plus it has taken a hit on 200 ema

for both the pairs its perfect two trades buy and sell , we can shift to H1 or M30 and wait for the reversals and do our fibo retrace and keep goin in the direction of h4 till we dont get a good reversal on H4


hope i am right and all the senior friends will current me if i am wrong
Attached Image(s) (click to enlarge)
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  • #2,335
  • Apr 28, 2012 7:16am Apr 28, 2012 7:16am
Quote
First off, I am a full-time trader and I have been trading in the currency market for more than four years now. I have one very powerful strategy in my trading arsenal, and what better way to start than to share it here. I wouldn’t call this an entirely mechanical system, as you need to use some discretion. Its simple trading system that uses mainly 1 min. timeframe and relies on close targets 0-30 pips, extremely low stop-loss (max. 50 pips). Pair: Any Currency Pair. Indicator(s): Stochastic Oscillator (8,3,3), 5 SMA

This comes from zulutrade, same intro as dazfx more or less. Anybody knows if it is him or someone from the thread. Seems that dazfx is not active on FF anymore. The name on zulu is TimeFX 1M.

Thanks in advance for the info. I wonder if the guy is the real deal or a copycat.
  • #2,336
  • May 21, 2012 5:54am May 21, 2012 5:54am
Hello everyone,

First off, apologies for not being active on these forums, but I have been very busy with other ventures. Looking back on this thread, I understand some of you had questions about this system. Please PM me if you are still in doubt. I do admit I have been a little selfish reaping the rewards of this system, but I thought I had everything covered before I left you guys.

Frankly, I thought it was best to work on my own, which is why I have not been active. Just logged in to respond to a post and was tempted to read some of the numerous PMs and realised some of you had questions on zulutrade. Just to clarify, I do not have an account on zulutrade, nor am I managing funds. So, whoever it is that are making the trades, it is certainly not me.

Again, I can't promise to be a frequent poster, but I will certainly try to help as much as possible.

Thank you..

DAZfx
  • #2,337
  • May 21, 2012 4:16pm May 21, 2012 4:16pm
Hi Daz,

welcome back! I noticed your thread much later than the time you were actively posting (I was not reading forexfactory until I made a huge loss, after that I started to look for systems). I must say that your system is one of the few complete systems here.

Maybe other people are also wondering. I wonder the reason why you stepped into another venture? If you were consistently profitable at forex (which I believe you were) what was the exact reason? Is it that it was too boring to day trade? And also if you do not mind, are you again returning to full time forex or your other venture and forex will go together?

Thank you for your replies.
  • #2,338
  • May 24, 2012 5:40pm May 24, 2012 5:40pm
Quoting Lanes110
Hi Daz,

welcome back! I noticed your thread much later than the time you were actively posting (I was not reading forexfactory until I made a huge loss, after that I started to look for systems). I must say that your system is one of the few complete systems here.

Maybe other people are also wondering. I wonder the reason why you stepped into another venture? If you were consistently profitable at forex (which I believe you were) what was the exact reason? Is it that it was too boring to day trade? And also if you do not mind, are you again...
Hi lanes,
Thank you for the post. Just to let you know, I was trading whilst doing other things. I just didn't have the time to join in discussion rooms such as this. You can say I was trading part time and you do know how mundane this is
  • #2,339
  • Nov 11, 2012 6:35pm Nov 11, 2012 6:35pm
Hi Eceryone, pls how do i get to this DAZ trading room, do i just input it as a weblink "www.tradingrooms.com" or how can i get there? thanks for y'all anticipated response.od bless
  • #2,340
  • Edited Apr 5, 2013 1:48am Apr 4, 2013 5:09am | Edited Apr 5, 2013 1:48am
Hello everyone,

I red throug the whole thread and than was trading DAZ system for last few months. It got preatty boring however, doing it alone so thats why I am trying to continue here. I will post some set up if I see some and once I can figure out how to attache charst. I would love to here from anyone who has been trading this system or is interested in it.



I am trying to post but it does not work....so trying to edit my last post...

anyway...I am in GBP/NZD short now with first target hit at 50...not sure how to upload image yet...

so frustruting, anyone know why it does not work....hmmm
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