I will use POST #1 for updates & information on this system.
Administrative Note:
If you are having problems with high volatility and high spread at the opening of the markets hitting your stoploss, then this may help to fine tune the system. On the following pairs, place the FIBO on the candle indicated per market. Subtle, but effective.
EURAUD-1ST CANDLE OF OPENING LONDON
GBPUSD-1ST CANDLE OF OPENING LONDON
GBPCAD-2ND CANDLE OF OPENING LONDON
GBPNZD-2ND CANDLE OF OPENING LONDON
GBPAUD-2ND CANDLE OF OPENING LONDON
GBPCHF-2ND CANDLE OF OPENING LONDON
GBPJPY-2ND CANDLE OF OPENING LONDON
EURNZD-2ND CANDLE OF OPENING LONDON
EURJPY-2ND CANDLE OF OPENING LONDON
EURUSD-2ND CANDLE OF OPENING LONDON
GBPUSD-1ST CANDLE OF OPENING NEW YORK
EURUSD-1ST CANDLE OF OPENING NEW YORK
GBPJPY-1ST CANDLE OF OPENING NEW YORK
GBPCAD-1ST CANDLE OF OPENING NEW YORK
EURJPY-1ST CANDLE OF OPENING NEW YORK
EURAUD-2ND CANDLE OF OPENING NEW YORK
GBPCHF-2ND CANDLE OF OPENING NEW YORK
GBPAUD-2ND CANDLE OF OPENING NEW YORK
GBPNZD-2ND CANDLE OF OPENING NEW YORK
EURNZD-2ND CANDLE OF OPENING NEW YORK
Administrative Note:
If you are having problems with high volatility and high spread at the opening of the markets hitting your stoploss, then this may help to fine tune the system. On the following pairs, place the FIBO on the candle indicated per market. Subtle, but effective.
EURAUD-1ST CANDLE OF OPENING LONDON
GBPUSD-1ST CANDLE OF OPENING LONDON
GBPCAD-2ND CANDLE OF OPENING LONDON
GBPNZD-2ND CANDLE OF OPENING LONDON
GBPAUD-2ND CANDLE OF OPENING LONDON
GBPCHF-2ND CANDLE OF OPENING LONDON
GBPJPY-2ND CANDLE OF OPENING LONDON
EURNZD-2ND CANDLE OF OPENING LONDON
EURJPY-2ND CANDLE OF OPENING LONDON
EURUSD-2ND CANDLE OF OPENING LONDON
GBPUSD-1ST CANDLE OF OPENING NEW YORK
EURUSD-1ST CANDLE OF OPENING NEW YORK
GBPJPY-1ST CANDLE OF OPENING NEW YORK
GBPCAD-1ST CANDLE OF OPENING NEW YORK
EURJPY-1ST CANDLE OF OPENING NEW YORK
EURAUD-2ND CANDLE OF OPENING NEW YORK
GBPCHF-2ND CANDLE OF OPENING NEW YORK
GBPAUD-2ND CANDLE OF OPENING NEW YORK
GBPNZD-2ND CANDLE OF OPENING NEW YORK
EURNZD-2ND CANDLE OF OPENING NEW YORK