My way of trading by Using trend line , BL line & febo level | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Predict breakouts & trend reversals using macd/bb% 116 replies

Free Coding request for EA breakdown level / trend line 0 replies

ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies

Need help- alert when trend line crosses price line 8 replies

Automatic Trend line, trend channel, support, resistance detection 3 replies

Attachments: My way of trading by Using trend line , BL line & febo level
Exit Attachments

My way of trading by Using trend line , BL line & febo level

  • #61
  • Mar 2, 2014 7:35am Mar 2, 2014 7:35am
Quoting greenius
how to find the new V3 or P3 1ST we need bar closed and forming BL for up trend i will find last peak from last peak i will used febo i will put 100 febo at last peak and 38.2 level same as BL and i will draw line at 0 level i will do same for 50 & 61.8 febo in this case iwill have two zone one from 38.2 to 50 and one from 50 to 61.8 thoses two zone the area of most probability that price will return to retest BL or trend line {image} {image} {image}
Just Started to follow this thread.

Great simple way of trading,

I do have some questions?

In the above post ( and the one following that) you talked about Zone 1 and Zone 2, Can you please explain a bit more as to how to you use them.

I am not clear on the above explanation.

Also as to when we can expect the PA to just touch the break line or go retest the trend line.

Thanks in advance
  • #62
  • Apr 14, 2014 7:50pm Apr 14, 2014 7:50pm
Please who can help me to be able to know where to draw the BL because that is what i do not understand very well or is there an indy for it?
  • #63
  • Apr 14, 2014 8:01pm Apr 14, 2014 8:01pm
Quoting Samuelkanu
Please who can help me to be able to know where to draw the BL because that is what i do not understand very well or is there an indy for it?
See Chart.
All lines are drawn manually.
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdh4-1.png Size: 30 KB
  • #64
  • Apr 14, 2014 8:08pm Apr 14, 2014 8:08pm
Pending trendline break.
Attached Image (click to enlarge)
Click to Enlarge Name: xauusdh4-3.png Size: 32 KB
  • #65
  • Apr 16, 2014 2:37am Apr 16, 2014 2:37am
Greenius - Nice system, I like this......however, just to be clear: what is the V (v1, v2, etc); and the FE (fibonnacci Entry I assume)......and could you post an example of your entry and TARGET projection?

thanks
  • #66
  • Apr 16, 2014 4:59am Apr 16, 2014 4:59am
I did not know this thread
I do not understand because they have not followed

this is the way I operate ... following this basic principle ... prices move in zig zag in all periods

I always wanted to start a thread with this principle, but my English is very bad

I use a higher tf to follow the trend in the lower tf ... (w-h4) and (h1 or d1-m30)

and following the principle of zig zag ==> we'll do two entries

first entry ... w1-h4
second entry ... d1-h1 or m30 (few days later)

also works on shorter terms ... h4 -m15 or m5 .... but .... the risk is higher and you have to spend much time at the computer .... I prefer to enjoy life;-)
  • #67
  • Apr 16, 2014 5:02am Apr 16, 2014 5:02am
gbp-usd...buy
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdh4-2pts.szz.png Size: 77 KB
Click to Enlarge Name: gbpusdweekly-2pts szz.png Size: 50 KB
  • #68
  • Apr 16, 2014 5:16am Apr 16, 2014 5:16am
----- w1-h4 was the first entry

the second entry will be in d1-h1 few days later .... let's see an example with eur-usd ..... now w1-h4
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusdweekly-2ptszz.png Size: 51 KB
Click to Enlarge Name: eurusdh4-2ptos zz.png Size: 68 KB
  • #69
  • Apr 16, 2014 5:27am Apr 16, 2014 5:27am
eur-usd next entry in d1-h1 <==> close candle today is higher close yesterday Candle

then wait retracment
Attached Image (click to enlarge)
Click to Enlarge Name: eurusddaily-2ptos szz.png Size: 57 KB
  • #70
  • Apr 16, 2014 5:29am Apr 16, 2014 5:29am
Quoting porfirio
I did not know this thread I do not understand because they have not followed this is the way I operate ... following this basic principle ... prices move in zig zag in all periods I always wanted to start a thread with this principle, but my English is very bad I use a higher tf to follow the trend in the lower tf ... (w-h4) and (h1 or d1-m30) and following the principle of zig zag ==> we'll do two entries first entry ... w1-h4 second entry ... d1-h1 or m30 (few days later) also works on shorter terms ... h4 -m15 or m5 .... but .... the risk is...

Porfirio....you should start your own thread, this looks like a "hijacking"............
  • #71
  • Apr 16, 2014 5:29am Apr 16, 2014 5:29am
from tomorrow



---------sorry for my English----------
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh1.2pts szz.png Size: 75 KB
  • #72
  • Apr 16, 2014 5:36am Apr 16, 2014 5:36am
hijacking"............ ???
the strategy is the same!!!!! the same principle!

you say that shit kid!

come over me!

bye
  • #73
  • Apr 16, 2014 5:54am Apr 16, 2014 5:54am
Here Here no cat fight .. break here it goes there break there it goes here ...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4_zpsea066376.png Size: 140 KB
  • #74
  • Apr 16, 2014 2:56pm Apr 16, 2014 2:56pm
interesting market
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh44_zps75a28380.png Size: 153 KB
  • #75
  • Apr 27, 2014 12:29pm Apr 27, 2014 12:29pm
hello

great to see some one found my way useful .....
GREENIUS
  • #76
  • Apr 27, 2014 12:31pm Apr 27, 2014 12:31pm
Quoting wangtsin
This thread is perhaps the most practical one for my trades, thanks a lot ,greenius!
thks
GREENIUS
  • #77
  • Last Post: Mar 1, 2020 8:31am Mar 1, 2020 8:31am
hi all let relaunch this thread again
GREENIUS
0 traders viewing now