The MotherFibber | Page 13 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The MotherFibber
Exit Attachments

The MotherFibber

  • #241
  • Apr 26, 2012 4:12pm Apr 26, 2012 4:12pm
Quoting panguFX
@scalpz: don't work too hard on the motherfibber method. ive decided to post a special scalping technique on this forum very soon. i beleiv it is superior to the motherfibber. I didn't realize how many scalpers are lurking around FF.
Not a problem, learning to program as I go. Picking up a bit more than when I was cut & pasting programs.

I see you have been digging around HA & stochs and H1 & divergence.
Price action is where the real chart reading is. Even while trying out this MF stuff, cant help myself when I see the PA giving indications.

Your MF strategy includes a very good entry trigger. When watching it on lower tf it shows the pa signals that is what makes it work on a high percentage. Intend to add that entry trigger into the millipede strategy I run.

Just cause scalpers are lurking in numbers, doesnt mean they are really onto a good thing.
Watched the Kahawai (big fish) running the other day. Heaps of seagulls flying around above making a racket, but not getting as much as the real feeders in the water.

cheers scalpz

post a link here when you open another thread.
Target 2 : Stoploss in the green
  • #242
  • Apr 26, 2012 4:34pm Apr 26, 2012 4:34pm
Quoting scalpz
Not a problem, learning to program as I go. Picking up a bit more than when I was cut & pasting programs.

I see you have been digging around HA & stochs and H1 & divergence.
Price action is where the real chart reading is. Even while trying out this MF stuff, cant help myself when I see the PA giving indications.

Your MF strategy includes a very good entry trigger. When watching it on lower tf it shows the pa signals that is what makes it work on a high percentage. Intend to add that entry trigger into the millipede strategy I run....
yep, i have been lurking, i like to try to make EA's using different ideas, and test them. I'm not a programmer, ive been using FEAG4.

great story about Kahawai, it kinda fits in with PA and scalping. lol
  • #243
  • Apr 26, 2012 7:47pm Apr 26, 2012 7:47pm
Hi there!

I registered because I'm learning another system right now (the Stairstep Break Out) that's based on the M15, soo I get plenty of time between 15 minute candle. I started to read, and tried your system just now and banked 10 pips (demo of course). Just want to say thank you, and that I'm eager to ear more about your 2 systems (the sucker and the scalping one you talked about).

Thanks, have a nice one!
  • #244
  • Apr 27, 2012 3:56am Apr 27, 2012 3:56am
Quoting drgdrg
Hi there!

I registered because I'm learning another system right now (the Stairstep Break Out) that's based on the M15, soo I get plenty of time between 15 minute candle. I started to read, and tried your system just now and banked 10 pips (demo of course). Just want to say thank you, and that I'm eager to ear more about your 2 systems (the sucker and the scalping one you talked about).

Thanks, have a nice one!
Good on you drg.
I missed this 1. Not multi tasking
(J) to (K) fib, leds to +10 TP.
On hindsight trailing SL would be good again.

cheers scalpz
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd m30 20120427a.gif Size: 23 KB
Target 2 : Stoploss in the green
  • #245
  • Apr 27, 2012 10:28am Apr 27, 2012 10:28am
Quoting scalpz
Good on you drg.
I missed this 1. Not multi tasking
(J) to (K) fib, leds to +10 TP.
On hindsight trailing SL would be good again.

cheers scalpz
your PM doesnt work. i have a question for you.
  • #246
  • Apr 27, 2012 5:28pm Apr 27, 2012 5:28pm
Quoting panguFX
your PM doesnt work. i have a question for you.
Thought PM's & Visitor Messaging was on.
Added to buddy list, so should work now.

cheers scalpz
Target 2 : Stoploss in the green
  • #247
  • Apr 29, 2012 6:39am Apr 29, 2012 6:39am
Quoting panguFX
@scalpz: don't work too hard on the motherfibber method. ive decided to post a special scalping technique on this forum very soon. i beleiv it is superior to the motherfibber. I didn't realize how many scalpers are lurking around FF.

well, looking forward to this one. cos motherfiobber aint working. two consequetive losses of -30 pips has rendered everything else inactive.

its all good making 10 pips here and there. but the end result is nil.
  • #248
  • Apr 29, 2012 7:04am Apr 29, 2012 7:04am
drgdrg and scalpz


show your for 4hr and m30 charts for the trades.
  • #249
  • Apr 29, 2012 9:17am Apr 29, 2012 9:17am
Hi there.

I only applied MF once (on EU, like pangu does) and I banked 10 demo pips. Scalpz posted a chart that shows the move I catched, it was exactly that. RR scares me but I'm going to keep demoing this Pangu's idea and patiently wait for the other 2 systems he has in his sleeve.

I'm also following the Stair Step Breakout and the Nanningbob V10.0, but I want to learn scalping methods and Pangu seams a good one at that, so I will keep testing and reading his materials.

Hope you have a nice day, cheers!

EDIT: PS- I just saw that you also want the H4 chart, I will post it in a moment.
  • #250
  • Apr 29, 2012 10:04am Apr 29, 2012 10:04am
Here it is the H4 chart. You can't see the trade itself because I've changed my demo from alpari to ibfx, but what you see here is an rectangle thats over 81 pips (thats how I hunt for those moves, I draw a 81 pip rectangle and the move it forward as time goes by, when price breaks it, I zoom in) that engulfs the 81 plus move and the retracement that gave me my 10 pips.

Hope I was helpful, have a nice day!
Attached Image (click to enlarge)
Click to Enlarge Name: mf.gif Size: 24 KB
  • #251
  • May 7, 2012 7:39am May 7, 2012 7:39am
anyone trading this still ? i guess it aint working no more hence thread is dead.
  • #252
  • May 8, 2012 7:57am May 8, 2012 7:57am
Does anyone know there is another system that was on some other forum which draw fib only when pa cross ma anyoe knows?
  • #253
  • May 9, 2012 6:41am May 9, 2012 6:41am
another 30 pips loss yesterday. system aint cutting it. bye.
  • #254
  • Edited 6:09pm May 11, 2012 5:54pm | Edited 6:09pm
Quoting whatfx
another 30 pips loss yesterday. system aint cutting it. bye.
Can you post your chart. If taken, that should have been another winner for the 8thMay. I didnt take it cause >38.2% retraced earlier.

9thMay also a winner, although at max SL limit size.

You must be skipping some of the rules.

Been lots of days untradable, ie kept out of trades by the rules.

cheers scalpz
Target 2 : Stoploss in the green
  • #255
  • May 15, 2012 4:17am May 15, 2012 4:17am
Quoting scalpz
Can you post your chart. If taken, that should have been another winner for the 8thMay. I didnt take it cause >38.2% retraced earlier.

9thMay also a winner, although at max SL limit size.

You must be skipping some of the rules.

Been lots of days untradable, ie kept out of trades by the rules.

cheers scalpz

post your chart showing the 38.2% retrace.

i aint skipping no rules, will post chart once i get my laptop fixed.

how many pips have u actually made since starting this ?
  • #256
  • May 15, 2012 7:12am May 15, 2012 7:12am
Two 30min charts for 8May.
On the 1st chart price retraces past the 38.2%, so the energy is gone from the move apparently.
But then based on the fib on the 2nd chart the TP is hit.

cheers scalpz

edit: just been thinking, maybe the 38.2 retrace didn't count cause the fib hadn't reached its >81 pips at the time of the 1st chart.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd m30 20120508a.gif Size: 25 KB
Click to Enlarge Name: eurusd m30 20120508b.gif Size: 26 KB
Target 2 : Stoploss in the green
  • #257
  • May 15, 2012 9:15am May 15, 2012 9:15am
Quoting scalpz
Two 30min charts for 8May.
On the 1st chart price retraces past the 38.2%, so the energy is gone from the move apparently.
But then based on the fib on the 2nd chart the TP is hit.

cheers scalpz

edit: just been thinking, maybe the 38.2 retrace didn't count cause the fib hadn't reached its >81 pips at the time of the 1st chart.

you have the rules mixed up.
  • #258
  • Edited 5:26pm May 16, 2012 7:07am | Edited 5:26pm
Finally dragged out to give a quick +10 tp again.
15 May sessions slide through without trade being triggered.
16 May with 93.2pip fib from (G) to (H).

Not posting H4 as I watch which m30 bars I move the fib forward on to get the latest >81 fib.

For the record, could have easily trailed to at least twice the 10 tp. But thats not in the current strategy.

cheers scalpz
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd m30 20120516a.gif Size: 21 KB
Target 2 : Stoploss in the green
  • #259
  • May 17, 2012 4:22am May 17, 2012 4:22am
Quoting scalpz
Finally dragged out to give a quick +10 tp again.
15 May sessions slide through without trade being triggered.
16 May with 93.2pip fib from (G) to (H).

Not posting H4 as I watch which m30 bars I move the fib forward on to get the latest >81 fib.

For the record, could have easily trailed to at least twice the 10 tp. But thats not in the current strategy.

cheers scalpz

i didnt see any 81 pips down movement on the 16 may on 4 hr chart following an up movement. where is your 4 hr chart and where did you count your move from ?

i dont think you are following the rules ?
  • #260
  • May 17, 2012 5:02am May 17, 2012 5:02am
Quoting whatfx
i didnt see any 81 pips down movement on the 16 may on 4 hr chart following an up movement. where is your 4 hr chart and where did you count your move from ?

i dont think you are following the rules ?
The fib is shown on the chart immediately before your post.

Up move was next 3 bars after the fib.

The down move was far more than 81 pips so I reduced it to the most recent >81 pips 4hr bars. As per the rules.

Are you going to post your 8May charts to work out your probs, or do you have different motives.

cheers scalpz
Target 2 : Stoploss in the green
1 trader viewing now