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Fibo Magic with Price action Risk Reward 1:3

  • #21
  • Oct 17, 2013 2:52am Oct 17, 2013 2:52am
Hi bro thanks i will run this thread if atleast 1 people active... pleasure you like it
"Know what you own, and know why you own it" — Peter Lynch
  • #22
  • Oct 17, 2013 4:05am Oct 17, 2013 4:05am
UCAD 4 hour show it can break fib support ... is it really possible to break fib support!??? Good Joke UCad



All Trades Live you can verify with Forexfactory's Trade Explorer .. No Hide and Seek game or Posting Previous Chart Examples
Attached Image (click to enlarge)
Click to Enlarge Name: usdcadh4.png Size: 38 KB
"Know what you own, and know why you own it" — Peter Lynch
  • #23
  • Oct 17, 2013 5:02am Oct 17, 2013 5:02am
Quoting rapierFX
Thanks. Could you please advise whether 23.6 and 61.8 are the most critical points? In order to get into a trade, am I supposed to look out for these 2 points?

Hi sorry i missed your qustions .. as you can see .. i respect all levels "23.6, 61.8, 38.2, 76.4 " they are like four brothers. Daily Fibo and 4 Hour fibo is important, here you can claim breakeven atleast..as we are just scalping my highest stoploss is 20 pips ..
"Know what you own, and know why you own it" — Peter Lynch
  • #24
  • Oct 17, 2013 5:34am Oct 17, 2013 5:34am
Quoting gyanpapi
UCAD 4 hour show it can break fib support ... is it really possible to break fib support!??? Good Joke UCad All Trades Live you can verify with Forexfactory's Trade Explorer .. No Hide and Seek game or Posting Previous Chart Examples {image}
Great Job, my friend..

For area mapping i use similar tools. If You use Fib Ratio, I use quarter theory..
You know fib ratio 23.6% close to 25%, 38.2% close to 37.5%, 50% is median not fib ratio. , then 61.8% close to 62.5% and 76.4 close to 75%. and in my measurement there's 12.5 % and 87.5%

look at this UCad example..

Attached Image (click to enlarge)
Click to Enlarge Name: Fibo Ratio and Quarter Theory Ratio on UCad H4.png Size: 411 KB


Have a nice trade
best regards
  • #25
  • Oct 17, 2013 6:38am Oct 17, 2013 6:38am
Quoting Kiads
{quote} Great Job, my friend.. For area mapping i use similar tools. If You use Fib Ratio, I use quarter theory.. You know fib ratio 23.6% close to 25%, 38.2% close to 37.5%, 50% is median not fib ratio. , then 61.8% close to 62.5% and 76.4 close to 75%. and in my measurement there's 12.5 % and 87.5% look at this UCad example.. {image} Have a nice trade best regards

Nice thats kewl ... will like to see more examples of it ......
"Know what you own, and know why you own it" — Peter Lynch
  • #26
  • Oct 17, 2013 8:31am Oct 17, 2013 8:31am
Quoting gyanpapi
{quote} Nice thats kewl ... will like to see more examples of it ......

Actually your 50% median, is true median (swing arm) since 2008 for USDCAD, check it on daily or weekly chart..

If you expand your ratio range wider.. you will see a lot of confirmation in history that high/low point of your current FibRet exactly in the right place

Attached Image (click to enlarge)
Click to Enlarge Name: Fibo Ratio and Quarter Theory Ratio on UCad H4 pict 2.png Size: 699 KB


i hope you get my point..
happy trading..
  • #27
  • Edited 5:23pm Oct 17, 2013 8:33am | Edited 5:23pm
Stupid Idiot AUD want a mess with ! fibo...somebody teach him some lessons!

Update chart : Aud drop after messing with fibo ....

All Trades Live you can verify with Forexfactory's Trade Explorer .. No Hide and Seek game or Posting Previous Chart Examples
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusddaily.png Size: 40 KB
Click to Enlarge Name: audusdm5.png Size: 38 KB
"Know what you own, and know why you own it" — Peter Lynch
  • #28
  • Oct 17, 2013 10:18am Oct 17, 2013 10:18am
Quoting Kiads
{quote} Actually your 50% median, is true median (swing arm) since 2008 for USDCAD, check it on daily or weekly chart.. If you expand your ratio range wider.. you will see a lot of confirmation in history that high/low point of your current FibRet exactly in the right place {image} i hope you get my point.. happy trading..

Thanks for the chart i get it keep posting good stuff's please
"Know what you own, and know why you own it" — Peter Lynch
  • #29
  • Edited 10:47am Oct 18, 2013 1:20am | Edited 10:47am
Hesitating ? Bacause of recent intraday timeframes shows bullishness ... previous daily candle shows bullishness on Aud/Usd ? Don't worry stay happy today is a Bear day of Aud/Usd .. when you know fib is always there for you ... Trade Confidently with Profitability .. best wishs .. Happy Weekend Ladies and Gentleman's


Update : Not a fibo day lol ... as we can see ..sometimes mr. Fibo fail :| as well

Chart:

can see clearly market is above fibo 0.9616 .. so if not something magical happned .. price will close above the fibo ... which shows further Aussie move towards Upside gRrrrrrrr lossssssssssssssssss
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusdm30.png Size: 35 KB
Click to Enlarge Name: audusdweekly.png Size: 32 KB
"Know what you own, and know why you own it" — Peter Lynch
  • #30
  • Edited 9:52pm Oct 21, 2013 12:13am | Edited 9:52pm
GU daily respect fibo...expecting a retrace towards Weekly Piviot ....

UPDATE : who said fibo will not help you!?

All Trades Live you can verify with Forexfactory's Trade Explorer .. No Hide and Seek game or Posting Previous Chart Examples
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusddaily.png Size: 24 KB
Click to Enlarge Name: gbpusdm5.png Size: 39 KB
"Know what you own, and know why you own it" — Peter Lynch
  • #31
  • Oct 21, 2013 10:24pm Oct 21, 2013 10:24pm
Hi gyanpapi,

Of course Fibo will help us to trade. However, do you have any other signal to confirm it's a long or short?
  • #32
  • Oct 21, 2013 11:53pm Oct 21, 2013 11:53pm
Quoting rapierFX
Hi gyanpapi, Of course Fibo will help us to trade. However, do you have any other signal to confirm it's a long or short?

Price hitting Fibo from down to up its " Sell the retracement "

Price hitting fibo from up to down its " Buy on Retracement "

Its pure mathematics .. ! anyways please read the start of the thread ... you can use price action for entry . stoploss above the price action bar
"Know what you own, and know why you own it" — Peter Lynch
  • #33
  • Edited 11:44pm Oct 22, 2013 2:11am | Edited 11:44pm
New Mess!!! Cad/Jpy want to mess with fibo! Crazy pair lol! ... lets see how it progress


UPdate : enterd on 95.43 and ended up with breakeven on late night spread hunting by broker.spread raised to 9 Pips!! anyways if you stick with it ... then u r currently 100 pip up! cheers
All Trades Live you can verify with Forexfactory's Trade Explorer .. No Hide and Seek game or Posting Previous Chart Examples
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cadjpyh4.png Size: 39 KB
Click to Enlarge Name: cadjpyh1.png Size: 36 KB
"Know what you own, and know why you own it" — Peter Lynch
  • #34
  • Oct 22, 2013 2:24am Oct 22, 2013 2:24am
Quoting gyanpapi
New Mess!!! Cad/Jpy want to mess with fibo! Crazy pair lol! ... lets see how it progress All Trades Live you can verify with Forexfactory's Trade Explorer .. No Hide and Seek game or Posting Previous Chart Examples {image}
Hi gyanpapi,

In this case, although price had touched the fibo at 38.2 but there is no price action. How do you decide to sell? Kindly please advise and forgive my ignorance.

Thanks.
  • #35
  • Oct 22, 2013 7:15am Oct 22, 2013 7:15am
Quoting rapierFX
{quote} Hi gyanpapi, In this case, although price had touched the fibo at 38.2 but there is no price action. How do you decide to sell? Kindly please advise and forgive my ignorance. Thanks.

Hi Rapier ... first of all i am sorry if you find my above msg is little bit rude .... actually i am having fever so my mood is bit down.

In my case i am going with an aggressive entry . as you can see on my trade explorer . my highest stoploss is 20pips and my time frame is 4 Hours ..

If i wait for price action over here then i have to put stoploss above price action bar , and you me and all traders know very well .. i 4 hour candle contains 20-30Pips in his body. so in that case my stoploss will be on higher side .. which my tiny account cann't afford , you can ask me why ur using such tiny account for trading.yes i have a good healthy account but some privacy reason i don't like to attach it also previous performance dosn't make any sense.. i can assure you i am trading same position on my other account as well
here is some screen shot of my other account activity , for learning please throw all of your questions i am ready for it.

Look at the win rate : its above 90% ..... so fibo magic is a proven .. and tested ... also my charts .,. i am posting live analysis ...

P.S : Don't Email , Private Msg me for any kind of account management and teaching services,or personal communication over SKYPE FACEBOOK and ETC otherwise i have no choice to ban you .. thanks advanced.
Attached Image (click to enlarge)
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"Know what you own, and know why you own it" — Peter Lynch
  • #36
  • Oct 22, 2013 9:08am Oct 22, 2013 9:08am
Hi~
hit the 0.00 and up to 23.6??
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 46 KB
  • #37
  • Oct 22, 2013 9:40am Oct 22, 2013 9:40am
Quoting eva0117
Hi~ hit the 0.00 and up to 23.6??{image}

Hi Boss .... I don't Count 0.0 and 100.00 .... maybe you are talking about 2b Pattern ..... i am not exactly trading doz supply demand area's ... ... thanks for kind time for visit my thread ....
"Know what you own, and know why you own it" — Peter Lynch
  • #38
  • Edited 11:45pm Oct 22, 2013 9:55am | Edited 11:45pm
Quoting eva0117
Hi~ hit the 0.00 and up to 23.6??{image}

Hi Eva here is your analysis on UCAD .. JUMP IS right from 1.0274 stoploss 20 pips ......

here is your UCAD update Eve... hope you like it
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdcadh4.png Size: 51 KB
Click to Enlarge Name: usdcadh1.png Size: 28 KB
"Know what you own, and know why you own it" — Peter Lynch
  • #39
  • Oct 22, 2013 10:09am Oct 22, 2013 10:09am
I am suffering with heavy fever ... can't work on computer anymore need rest .. i am sorry if you guys faced any problem regarding understanding fibonacci.please forgive me for this . i will try to come online tommorrow . thanks stay well healthy and wealthy ...
"Know what you own, and know why you own it" — Peter Lynch
  • #40
  • Oct 22, 2013 4:42pm Oct 22, 2013 4:42pm
hi gyanpapi !

I hope you can answer this when you beat the fever just like fibo!

My question is according to your account statement screenshot your average wins are 10 pips and average losses 30 pips. So does this mean your are scalping 4 HR with that account with 3:1 R:R? Did you use only fibo with PA to achieve 91% win rate?
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