Let me guess. Right?
for sure although are allowed, but...no thanks...wheww
Aussie Trading Room and Cartoons Gallery
- #8,621
- Sep 1, 2012 11:54am Sep 1, 2012 11:54am
- | Joined May 2012 | Status: Ball reader | 1,034 Posts
for sure although are allowed, but...no thanks...wheww
- #8,622
- Edited 12:07pm Sep 1, 2012 12:05pm | Edited 12:07pm
- Joined Nov 2009 | Status: Trader | 2,232 Posts
You are on a free EOD program. I am a paid customer and there are some restrictions. I don't want to have a second guess.
The charts on the free account are the same as the paid account. So, if you are worried, then print out your analysis from the demo chart. By the way the chart I posted is from a paid account.
Let me share one of my favorite quotes that one of my high school teachers shared with us. "Stop thinking of excuses to fail, but think of reasons to succeed."
If you don't want to post a chart, of course no one can make you. But there are several free demo charts out there that you can post. I know of a few great traders on this forum who do exactly that. Of course they don't want others to see some of their more detailed set ups. Anyways, just trying to encourage you to teach through your charts. Most technical traders are not traders of faith like a religion. They need too see the prove. I too am a Doubting Thomas and need to see the charts or the FA numbers.
Luck has no place in trading. Leave that for the poker table.
- #8,623
- Sep 1, 2012 12:06pm Sep 1, 2012 12:06pm
- | Joined Nov 2007 | Status: Trader | 1,157 Posts
hey buddy, how is it going?
I can't see the fib lines, they're in yellow with grey backgrounds..maybe I need some glasses :nerd:
but for this one, I think the candlestick you've choses for the 50 fib ones isn't really aligned with the stoch line that crossed/broke the 50 level stoch
Attachment
There is some screen resolution issues where my original PNG files are converted to JPG files by ForexFactory and it lose its sharpness during this automatic conversion, so have to shrink my screen resolution.
Thanks for your feedback.
Multi-timeframe as in longer timeframe and the confluence of different numbers are not look into yet.
Your points noted on these factors.
Only concentrate on H1 for now.
Also realised why you might prefer Excel than the Fib tool as each time I put the Fib tool my final estimates always a bit different.
Guess putting the prices into Excel file will give consistent figures each time, especially dealing with different timeframes.
Below is a re-post with the sharper but smaller PNG charts instead.
===
Doblece & irfandbl, my Fib-Stoch charts attached for A/U H1 for mid-July uptrend.
These charts explain how I am moving the Fib at 100% with the longer Stoch, of course still many tweaking.
You will see how (c) can capture TP3 like Bingo, but in hindsight for now.
What are your feedback ??
(a) TP1 => Stoch break 50.
(b) TP2 => Stoch Pop.
(c) TP3 => Stoch retrace to 50 and resume again.
- #8,624
- Sep 1, 2012 12:27pm Sep 1, 2012 12:27pm
- | Membership Revoked | Joined Jan 2011 | 31,935 Posts
The charts on the free account are the same as the paid account. So, if you are worried, then print out your analysis from the demo chart. By the way the chart I posted is from a paid account.
Let me share one of my favorite quotes that one of my high school teachers shared with us. "Stop thinking of excuses to fail, but think of reasons to succeed."
If you don't want to post a chart, of course no one can make you. But there are several free demo charts out there that you can post. I know of a few great traders on this forum who do...
The charts of the free platforms offered by Forex brokers may be O.K. to share online. But, the charts generated by the paid professional platforms are under certain restrictions. I am not going to get myself into a copyright lawsuit under any circumstances.
daddybearforex. com
- #8,626
- Sep 1, 2012 12:42pm Sep 1, 2012 12:42pm
- | Commercial User | Joined Sep 2005 | 2,784 Posts
The charts on the free account are the same as the paid account. So, if you are worried, then print out your analysis from the demo chart. By the way the chart I posted is from a paid account.
Let me share one of my favorite quotes that one of my high school teachers shared with us. "Stop thinking of excuses to fail, but think of reasons to succeed."
If you don't want to post a chart, of course no one can make you. But there are several free demo charts out there that you can post. I know of a few great traders on this forum who...
Somebody see a retrace, somebody see a reverse, somebody see a good reason to buy and somebody see a good reason to sell.
Daddy is just sharing his own view, and forget to see some kind of "real" analysis on internet, for personal experience i tell you that those who know are never willing to share their knowledge.
Why?
Because there is no reason to do it, who teach do it because can't trade (make money), and who trade don't really care about teaching
The only one who can teach you something new is yourself!
- #8,627
- Sep 1, 2012 12:52pm Sep 1, 2012 12:52pm
- | Joined May 2012 | Status: Ball reader | 1,034 Posts
There is some screen resolution issues where my original PNG files are converted to JPG files by ForexFactory and it lose its sharpness during this automatic conversion, so have to shrink my screen resolution.
Also realised why you might prefer Excel than the Fib tool as each time I put the Fib tool my final estimates always a bit different.
Guess putting the prices into Excel file will give consistent figures each time, especially dealing with different timeframes.
Yes my friend, I use excel because I need to save those numbers in order to correlate one TF's targets with another
Below is a re-post with the sharper but smaller PNG charts instead.
===
Doblece & irfandbl, my Fib-Stoch charts attached for A/U H1 for mid-July uptrend.
These charts explain how I am moving the Fib at 100% with the longer Stoch, of course still many tweaking.
You will see how (c) can capture TP3 like Bingo, but in hindsight for now.
What are your feedback ??
(a) TP1 => Stoch break 50.
(b) TP2 => Stoch Pop.
(c) TP3 => Stoch retrace to 50 and resume again.
Attachment
Attachment
Attachment ...
Do you mind if I ask you what do you mean by TP1 stoch break 50 and TP2 stoch pop?
As for this chart, in my opinion, we should use the previous candle instead of the one that you picked for the level 0 FIB, because what we need to find is the candlestick that is vertically aligned with stochastic line that has the lowest value
this is the way I usually do it, assuming that we're in an uptrend
- #8,630
- Sep 1, 2012 2:28pm Sep 1, 2012 2:28pm
- | Membership Revoked | Joined Jan 2011 | 31,935 Posts
Bigger than the Titanic..?
As the captain, I do see a pirate's tiny speed boat, pqt, trying to harass USS DB. It is like an annoying mosquito at best to my mighty carrier.
daddybearforex. com
Again, you screwed up yourself. Titanic is a ship built more 100 years ago. I am riding on USS DaddyBear, a nuclear powered super aircraft carrier built yesterday, 8/31/2012.
As the captain, I do see a pirate's tiny speed boat, pqt, trying to harass USS DB. It is like an annoying mosquito at best to my mighty carrier.
Nuclear power's a mighty dangerous thing... I like to go with the simple fishing boat.
Play the players, not the cards.
- #8,632
- Sep 1, 2012 2:54pm Sep 1, 2012 2:54pm
- | Membership Revoked | Joined Jan 2011 | 31,935 Posts
daddybearforex. com
- #8,633
- Sep 1, 2012 2:55pm Sep 1, 2012 2:55pm
- | Membership Revoked | Joined Jan 2011 | 31,935 Posts
Nuclear power's a mighty dangerous thing... I like to go with the simple fishing boat.
daddybearforex. com
Again, you screwed up yourself. Titanic is a ship built more 100 years ago. I am riding on USS DaddyBear, a nuclear powered super aircraft carrier built yesterday, 8/31/2012.
As the captain, I do see a pirate's tiny speed boat, pqt, trying to harass USS DB. It is like an annoying mosquito at best to my mighty carrier.
I wouldn't want to be on it when a Tsunami hit!
- #8,637
- Sep 1, 2012 8:00pm Sep 1, 2012 8:00pm
- Joined May 2006 | Status: Still here. | 2,602 Posts
What are your feedback ??
(a) Stoch break 50.
(b) Stoch Pop.
(c) Stoch retrace to 50 and resume again.
Maybe more difficult to see on a range, will test that version.
(fibs are a little bit difficult to see in yellow, maybe it's the monitor, or my poor eyesight ...
)Thanks for evolving the idea!
- #8,640
- Sep 1, 2012 8:46pm Sep 1, 2012 8:46pm
- | Joined Nov 2007 | Status: Trader | 1,157 Posts
Looks indeed pretty good on a trend.
Maybe more difficult to see on a range, will test that version.
(fibs are a little bit difficult to see in yellow, maybe it's the monitor, or my poor eyesight ...
Thanks for evolving the idea!
For Range, IF we know it is going to be in Range, is better to go to the smaller timeframes like M15, M30 will hit the Fib 100% as well.
http://www.forexfactory.com/showthread.php?p=5977110#post5977110
http://www.forexfactory.com/showthread.php?p=5977400#post5977400