1- Red and brown vertical lines I understood it would be gaps, and that? 2- four "colored" rectangles, when this darker blue and blue, would be the right trend?, when this Yellow would be the neutral zone? 3- And as the lines of horizontal are defined? (Example below.)
{quote} KCV, Hi, It's all right? (Pardon my English). How do you define these lines in this grid? 1- Red and brown vertical lines I understood it would be gaps, and that? 2- four "colored" rectangles, when this darker blue and blue, would be the right trend?, when this Yellow would be the neutral zone? 3- And as the lines of horizontal are defined? (Example below.) {image}
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WOOOOW...
Now I understood the lines of horizontal! It made sense when I stopped to pay attention to the other topic in the AO response. But I wonder, how many times are being used to calculas these SMA?
But also define the values of lines fibonacci ?, as these are separating the columns, but does not come with value unless only the black lines, but how I define? or they are not as relevant?
{quote} KCV, Hi, It's all right? (Pardon my English). How do you define these lines in this grid? 1- Red and brown vertical lines I understood it would be gaps, and that? 2- four "colored" rectangles, when this darker blue and blue, would be the right trend?, when this Yellow would be the neutral zone? 3- And as the lines of horizontal are defined? (Example below.) {image}
{quote} WOOOOW... Now I understood the lines of horizontal! It made sense when I stopped to pay attention to the other topic in the AO response. But I wonder, how many times are being used to calculas these SMA? But also define the values of lines fibonacci ?, as these are separating the columns, but does not come with value unless only the black lines, but how I define? or they are not as relevant?
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I noticed many times these fibo lines (light black) many times matches the daily pivots.
That's why they are very good place to take profit.
{quote} Hi Sorry for the delay. Did not check for a while. See Page-2, post#29. If you don't understand let me know. KC.
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Hi KCV,
I looked at the post # 29, but I was confused even as the information, as I understand it, I expect a red horizontal bar in TF 1min / 5min before opening a short order, but seeing the AO explanation on his post in the other section, where he explains that each horizontal line of these correspond to a SMA, the most important red and green (both thick), but I was wondering what SMA is the most important and what line should I care for retractions? .. the lines fibonacci, how can I "know" which is which?
(pardon my English).
I did not understand, the parts of pivots, could go little further?
Hugs and thanks for helping me.
In these videos, the red and green squares are equal to the thick red and green horizontal lines. The thick black line is equivalent to the L7. The shadings are the same.
I saw the video for some time, but I could not even catch the "filing" of the business, since I have no dominion in the English language and must always translator google .. =(
Maybe the KCV, back and answered .. (he said he would return haha), or even someone who could argue "typing" to help..
Anyway, thank you so much for the strength and help!
{quote} WOOOOOW!!! God bless you my friend! I saw the video for some time, but I could not even catch the "filing" of the business, since I have no dominion in the English language and must always translator google .. =( Maybe the KCV, back and answered .. (he said he would return haha), or even someone who could argue "typing" to help.. Anyway, thank you so much for the strength and help!
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There is no need to worry too much about what the different lines actually represent, or how the grid is calculated.......you just have to learn the patterns. The best way to learn is by observation. You have to watch the grids in real time, and to experiment and practice on demo. You just have to make a lot of trades, and see what works best for you. Practice, practice, practice! That's it! No other way.
You have to learn how the grid looks during all market phases(learn the patterns visually).
These are the main market phases:
1. Range (avoid trading)
2. Breakout (fade the breakout and go against the move)
3. Trend (follow the trend, enter on pullbacks)
4. Bounce/corrections (sell overbought market at resistance levels, buy oversold market at support, use the fibo levels, the SD levels, and the new daily high or low)
5. Reversals(trade reversals only after big extended moves)
Always use tight stop ( no more than 15 pips ) learn to keep the losses small, and try to collect regular consistent profits. Don't be greedy! You will only hold for larger profits during clear strong trends.
The rest of the time try to grab quick 5 -15 pips per trade.
{quote} There is no need to worry too much about what the different lines actually represent, or how the grid is calculated.......you just have to learn the patterns. The best way to learn is by observation. You have to watch the grids in real time, and to experiment and practice on demo. You just have to make a lot of trades, and see what works best for you. Practice, practice, practice! That's it! No other way. You have to learn how the grid looks during all market phases(learn the patterns visually). These are the main market phases: 1. Range...
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Thanks again AO for their support and for the tips;
I try to do the best possible way, with time I will posting the results here!
I can not use demo account, since the discipline and the psychological + emotional is not the same thing with a real account.
Joined Aug 2010
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Status: Stare Into the Lights My Pretties!
|795 Posts
During fast and strong moves, always pay attention as to how the price reacts to the fibo levels!(the road blocks)
It is very rare for price the break more than 3 levels in a row without retracement.(even during news) So use that to your advantage to take profits or to trade counter trend. (blue to white)
During fast and strong moves, always pay attention as to how the price reacts to the fibo levels!(the road blocks) It is very rare for price the break more than 3 levels in a row without retracement.(even during news) So use that to your advantage to take profits or to trade counter trend. (blue to white)
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Hm..
Yesterday I noticed a similar situation with the EUR / USD, where it broke a level of fibo, however he did I imagine something chamaos of "retraction" and rose again to break the other fibo, entering the yellow comic (would the neutral zone?)
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Joined Aug 2015
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Status: Learning with the life
|250 Posts
AO,
Another doubt, the economic calendar to keep track of that every day could be the own forexfactory (sorry if the question was stupid half), or have a website or some method / different program I can get?
@edit: by 1m/5m column that I operate right? since nothing appears in the column 1H and little appears to 15m column.
AO, Another doubt, the economic calendar to keep track of that every day could be the own forexfactory (sorry if the question was stupid half), or have a website or some method / different program I can get?
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The FF calendar is one of the best (free) news sources. But it's always better to have some live squawk (real time audio news). http://ransquawk.com/ these are the best in business....but a bit expensive. They also offer retail(cheaper) version called "talkingforex". and you can also get it for free with some brokers.
{quote} The FF calendar is one of the best (free) news sources. But it's always better to have some live squawk (real time audio news). http://ransquawk.com/ these are the best in business....but a bit expensive. They also offer retail(cheaper) version called "talkingforex". and you can also get it for free with some brokers.
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Ok AO,
Thanks.
@doubt2: by 1m/5m column that I operate right? since nothing appears in the column 1H and little appears to 15m column.
Dynamic Fibonacci Grid - interactive trading
