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Simple Fibonacci Trading

Got lots of setups if/when they trigger I will post charts.
I haven't tried V4 of the EA but ? if its not thr. Ferru can you add a 3rd tp point. I have had a few trades that would have hit a 161ext on the fibs and think it would be worth having if not to much trouble.
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,843 Posts | Online Now
Quoting turboguru
I haven't tried V4 of the EA but ? if its not thr. Ferru can you add a 3rd tp point. I have had a few trades that would have hit a 161ext on the fibs and think it would be worth having if not to much trouble.
Will look at this when I have some time ...
MT4/MT5 EAs/Indicators/Alerts coder
Quoting FerruFx
Will look at this when I have some time ...
Thanks no hurry just thinking out loud. The EA has performed perfect so far.Very nice work.
Quoting turboguru
Sure would be nice to see some others post charts with some trades on them.
Turbo - i've posted a few but had pc issues this week - hopefully get back on it next week. Using TS at the moment not MT4 but I'm looking into MT4.
Love this system - feels comfortable.
EU sell
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Further to post yesterday 4HR has triggered. shorter timeframes (15 & 30 min) looking like a bounce so may have to take a little pain.
Lets see where it goes
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Quoting Raggs
Further to post yesterday 4HR has triggered. shorter timeframes (15 & 30 min) looking like a bounce so may have to take a little pain.
Lets see where it goes
Tough call Raggs. Looks like price is being squeezed into a range on higher time frames. GBP & JPY both seem to be falling together, which may support the cosolidation outlook. A corrective retracement of the prior impulse wave could reach the 130.50 area. Just goes to show how wonderful Forex trading is, doesn't it? I mean our different views of the market.
What do you think, Raggs?
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  • Post #489
  • Quote
  • Edited at 6:07am Apr 13, 2012 6:05am | Edited at 6:07am
Quoting specialfx
Tough call Raggs. Looks like price is being squeezed into a range on higher time frames. GBP & JPY both seem to be falling together, which may support the cosolidation outlook. A corrective retracement of the prior impulse wave could reach the 130.50 area. Just goes to show how wonderful Forex trading is, doesn't it? I mean our different views of the market.
What do you think, Raggs?
Sorry, the chart was rubbish, so I'm trying again.


NOT MUCH BETTER. I need more practice!
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Quoting specialfx
Sorry, the chart was rubbish, so I'm trying again.


NOT MUCH BETTER. I need more practice!
:-)

Yep it is a tough one - maybe when these are such close calls on consolidation periods I need to stand aside and look better set ups.
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Quoting specialfx
Sorry, the chart was rubbish, so I'm trying again.


NOT MUCH BETTER. I need more practice!
Try 'SNAGIT' by TechSmith
Quoting Raggs
:-)

Yep it is a tough one - maybe when these are such close calls on consolidation periods I need to stand aside and look better set ups.
Well, it is Friday. Perhaps we ought to pull up stumps and go to the pub.

One last try. lol
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what is the rigth fib? the blue or the green?(must say thet the first move up didnt go bake to the 50 fib so iam litel bit confused).
Iam just A pips on the rode :nerd:
Quoting -er-
what is the rigth fib? the blue or the green?(must say thet the first move up didnt go bake to the 50 fib so iam litel bit confused).
audusd the chart.
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Iam just A pips on the rode :nerd:
eurusd lets see if its gooing to triger.
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Iam just A pips on the rode :nerd:
  • Post #496
  • Quote
  • Edited at 10:15am Apr 13, 2012 8:06am | Edited at 10:15am
Quoting -er-
eurusd lets see if its gooing to triger.

looks like a short triggered on the 4h tf..hugh, pls give me some examples...

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I like this eur short, shame it's a Friday though, likely to be a little choppy this afternoon.
theres another one ckoking inthe hoven.usdcad.
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Iam just A pips on the rode :nerd:
Quoting kor
looks like a short triggered on the 4h tf..hugh, pls give me some examples...


Attachment 941710
on what pair do u trade?
Iam just A pips on the rode :nerd:
Quoting kor
looks like a short triggered on the 4h tf..hugh, pls give me some examples...
As and when they set up I'll post them.
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