Extracted Thread (per thread starter's request) | Page 55 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

1 trade per pair per year 6 replies

multiple systems per pair/multiple pairs per system? 3 replies

Extracted Post (per poster's request) 0 replies

Trading 24 hours per day, 5 days per week 14 replies

Attachments: Extracted Thread (per thread starter's request)
Exit Attachments

Extracted Thread (per thread starter's request)

  • #1,081
  • May 25, 2012 10:59am May 25, 2012 10:59am
Quoting Rufus
In a previous post I said I draw fibs when price swings across my moving average. The above chart was set with fibs on a 15m chart then went to 5m for clarity with the move,. Hopefully no confusion.

yea i sort of get it. I did use the 15m chart to draw the fibs as well and changed it to the 5min. i'm trying to get the hang of it. slowly but surely.
  • #1,082
  • May 25, 2012 11:03am May 25, 2012 11:03am
Quoting Rufus
Not necessarily.

The 38.2 fib was a retracement of the previous move. Whether it falls back to the 0 fib is not important unless of course you are short.

Fib can also be used to set profit targets, especially if S/D areas are questionable. Fib extensions for me with a 78.6 retracement is 100 and127. The GU has an example of this. The 1.618 is often a turning area and we hit that as well.

Fibonacci is a predictive indicator and when used in conjunction with S/D can be a powerful tool.


There is a lot here and it is at times...
This you have a pivot high here Rufos
Attached Image (click to enlarge)
Click to Enlarge Name: 5.25 fib.jpg Size: 169 KB
  • #1,083
  • May 27, 2012 1:08pm May 27, 2012 1:08pm
Attached Image (click to enlarge)
Click to Enlarge Name: DX 06-12 (10080 Min) 5_26_2012.jpg Size: 163 KB
  • #1,084
  • May 27, 2012 3:39pm May 27, 2012 3:39pm
Quoting rocky
Attachment
Hi Rocky

Who is your supplier for charts especially for the Dx? My broker does not have the Dollar index. And where I get Dx information sucketh. Any help here would be great. I have been looking for MT4 charts for Dx and oil.

Have a super prosperous week

Rufus
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #1,085
  • May 28, 2012 10:19am May 28, 2012 10:19am
Quoting Rufus
Hi Rocky

Who is your supplier for charts especially for the Dx? My broker does not have the Dollar index. And where I get Dx information sucketh. Any help here would be great. I have been looking for MT4 charts for Dx and oil.

Have a super prosperous week

Rufus
Hi Rufus, I have the Ninja Trader platform and my Broker is Mirus Futures. I've been with them for about 6 years and I'm very happy with their service and Data.

Have a Great Memorial Day Weekend, Rocky...
  • #1,086
  • May 28, 2012 10:23am May 28, 2012 10:23am
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 06-12 (30 Min) 5_28_2012.jpg Size: 121 KB
  • #1,087
  • May 28, 2012 6:12pm May 28, 2012 6:12pm
Hi Rocky, can we count on MT4 volumes? Probably, you answered it before- just can not find it...Thank you.
  • #1,088
  • May 28, 2012 6:31pm May 28, 2012 6:31pm
Quoting vitall
Hi Rocky, can we count on MT4 volumes? Probably, you answered it before- just can not find it...Thank you.
Vitall, not sure about the MT4 "Tick" Volume. Show me a 30 min chart of the EUR and we'll compare it to my above Eur chart. That will give us a better understanding on weather or not you can trade using the MT4 tick volume. Rocky...
  • #1,089
  • May 28, 2012 6:55pm May 28, 2012 6:55pm
Quoting Rufus
Hi Rocky

Who is your supplier for charts especially for the Dx? My broker does not have the Dollar index. And where I get Dx information sucketh. Any help here would be great. I have been looking for MT4 charts for Dx and oil.

Have a super prosperous week

Rufus
HI Rufus, Admiral Markets MT4 platform has the USDX index with the demo but not oil .
http://www.fxservice.com/
  • #1,090
  • May 28, 2012 7:43pm May 28, 2012 7:43pm
Quoting rocky
Vitall, not sure about the MT4 "Tick" Volume. Show me a 30 min chart of the EUR and we'll compare it to my above Eur chart. That will give us a better understanding on weather or not you can trade using the MT4 tick volume. Rocky...
It looks like very close to your chart, Rocky...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 104 KB
  • #1,091
  • May 28, 2012 9:00pm May 28, 2012 9:00pm
Quoting vitall
It looks like very close to your chart, Rocky...
Vitall, It looks like you can get away with using MT4 tick Volume. However, from a visual aspect, It is not as clear cut as the Forex futures Volume. Notice my Peaks and valleys compared to the MT4, big difference, it makes it easier to read and therefore easier to see the big picture..

Also, my volume is unfiltered through the CME, which is true volume, actual contracts being bought and sold.

Just do a search on Futures vs. Spot Forex volume for more info. Rocky...
  • #1,092
  • May 28, 2012 9:40pm May 28, 2012 9:40pm
Quoting rocky
Vitall, It looks like you can get away with using MT4 tick Volume. However, from a visual aspect, It is not as clear cut as the Forex futures Volume. Notice my Peaks and valleys compared to the MT4, big difference, it makes it easier to read and therefore easier to see the big picture..

Also, my volume is unfiltered through the CME, which is true volume, actual contracts being bought and sold.

Just do a search on Futures vs. Spot Forex volume for more info. Rocky...
That is what I thought. Thank you, Rocky
  • #1,093
  • May 29, 2012 8:59am May 29, 2012 8:59am
Pending short last night for a few pips.

Recently been trading without fibs to "give it a shot". But I have come to the conclusion that for me and how my brain cell works that the fibs give an added price structure that bodes well with how my mind works.
Attached Image (click to enlarge)
Click to Enlarge Name: 5.29 EU short.jpg Size: 98 KB
Illegitimi non carborundum - Noli pati a scelestis opprimi.
  • #1,094
  • May 30, 2012 7:09am May 30, 2012 7:09am
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 06-12 (15 Min) 5_30_2012.jpg Size: 93 KB
  • #1,095
  • May 30, 2012 7:21am May 30, 2012 7:21am
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 06-12 (Weekly) Week 14_2009 - Week 22_2012.jpg Size: 83 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 6E 06-12 (15 Min) 5_30_2012.jpg Size: 95 KB
  • #1,096
  • Edited 9:41am May 30, 2012 9:06am | Edited 9:41am
Attached Image (click to enlarge)
Click to Enlarge Name: 6E 06-12 (240 Min) 5_30_2012.jpg Size: 84 KB



S/L Now at B/E

10:36 A.M. stopped out at Break Even...
  • #1,097
  • May 30, 2012 12:28pm May 30, 2012 12:28pm
http://www.forexfactory.com/attachme...1&d=1338142074 (http://www.forexfactory.com/attachment.php?attachmentid=970871&d=1338142074)


Attached Image (click to enlarge)
Click to Enlarge Name: DX 06-12 (1440 Min) 5_31_2012.jpg Size: 137 KB
  • #1,098
  • May 30, 2012 4:44pm May 30, 2012 4:44pm
Hey Rocky havent talked to you in a while. I still trade supply and demand. I use the BB's with my trading but not the volume. I think its inaccurate in spot forex but thats ok. More than one way to skin a cat.

Anyway I need some advice. i am still trying to do this fib thing. I am hoping to get it right but I am not sure i am doing it right. I can not find an ABC pattern on EUR/USD H4 timeframe. I have posted some pics. If you find the time I appreciate and if you don't then I understand also. Thanks
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu weekly.jpg Size: 105 KB
Click to Enlarge Name: eu daily.jpg Size: 101 KB
Click to Enlarge Name: eu h4.jpg Size: 102 KB
  • #1,099
  • May 31, 2012 11:11am May 31, 2012 11:11am
Quoting nawlins51
Hey Rocky havent talked to you in a while. I still trade supply and demand. I use the BB's with my trading but not the volume. I think its inaccurate in spot forex but thats ok. More than one way to skin a cat.

Anyway I need some advice. i am still trying to do this fib thing. I am hoping to get it right but I am not sure i am doing it right. I can not find an ABC pattern on EUR/USD H4 timeframe. I have posted some pics. If you find the time I appreciate and if you don't then I understand also. Thanks
Hey Nawlins51, good to hear from you. If I have time I'll have an answer for you, Rocky...
  • #1,100
  • May 31, 2012 11:27am May 31, 2012 11:27am
Quoting rocky
Hey Nawlins51, good to hear from you. If I have time I'll have an answer for you, Rocky...
Thanks buddy. Good to talk to you. Been a while.
1 trader viewing now