helo
there was avery god trade
and i took it and gain onother 10 easy pips
thank you pangufx
there was avery god trade
and i took it and gain onother 10 easy pips
thank you pangufx
Dislikedhi
i meant once you have counted the 81 pips move, if a trade never occurs. where do you count the next 81 pips move from ?
as shown in my chart examples in previous posts.
further example :
say 81 pips move was from 13000 to 13081 (up move). we wait for a retracement to take a sell position. but the retracement never occurs, so ,no trade.
we then wait for the next 81 pips move, right ? say market keeps on going up. so do we now count the next 81 pips move from 13081 ? which will take it to 13162. is this the way its...Ignored
Dislikedthere was a sell signal this morning at around 10.30 gmt. however the trade has only triggered just now, after 3 hours . is the trade still valid after such a long time ? or is it too late, as six m30 bars have passed since signal was given.Ignored
Dislikedhelo
there was avery god trade
and i took it and gain onother 10 easy pips
thank you pangufxIgnored
DislikedMotherFibber v0.10
Ok, been doctoring this for long enough. Its not a stand alone fib like I was after, but the logic of the lines and bars and text and moving them was just too much for my single brian cell to handle. So I copped out and reverted to drawing parts of the standard fib.
This will only change your MT4 default fib if you edit the properties on screen.
I have a different standard fib layout I like to use with its extensions etc, so I didnt want this MF over writting my normal settings. I keep a standard fib on
an unused chart,...Ignored
Dislikednow the retrace to the 38 looks like it happenned, so now we need a new >81 pip move.Ignored
Dislikedis anyone in on the long at 13153 ?
81 pips down movements from 13226 to 131416. the high of the 30 min candle that ended the downmove was at 13151.
so long enetred at 13153, when high extreme breached. but it looks like this one will fail, as price continues to move down. only 10 pips away from reaching the 30 pips SL....Ignored
DislikedI have only counted from high of start of this week, not the Friday night high.
Pending set early at 1.31473. Should be triggered there if extreme bar dosen't get extended down further.
Did you include the spread for in the buy trade? If not it may trigger early, but that could be ok if you are after early triggering.
cheers scalpz
edit: fib extended so modified pending buystop order to 1.31436 after the 1200 gmt m30 candle closed.Ignored
DislikedI have only counted from high of start of this week, not the Friday night high.
Pending set early at 1.31473. Should be triggered there if extreme bar dosen't get extended down further.
Did you include the spread for in the buy trade? If not it may trigger early, but that could be ok if you are after early triggering.
cheers scalpz
edit: fib extended so modified pending buystop order to 1.31436 after the 1200 gmt m30 candle closed.Ignored
Dislikedprice has moved well below the low of your m30 extreme bar. so according to the rules the trade should be cancelled.Ignored
Dislikednow the retrace to the 38 looks like it happenned, so now we need a new >81 pip move.Ignored
Disliked25 - 26 Apr.
Another +10 TP, (G) to (H) fib.
Once again, wasnt too sure.
This time it was on using the 1800gmt bar (G) as it was formed by the news spikes.
Still the extreme bar (H) kept on extending and eventually the 1500gmt bar to (H) bar was 81.4pips, while the (G) to (H) was 89.3pips. Same setup on the (H) extreme bar for both lines.
Once the (H) bar and the following formed, price action was looking real good for the TP.
This 1 would have been good for a 15> TP, but all in hindsight.
cheers scalpz
edit: Add the H4 chart....Ignored