Hi, Ricardo. Do you use the H1 for trend, and then M15 to place your trade?
Ignored
No , i watch 15/30/1h/2h (custom) /4h and i just take the trade i think its better , and i adjust my Position Sizing based on the volatility , doing this , it dont matters if i am taking a trade on 4h or 15M
You can see price gets to a level where both fibonacci retracement and fibonacci fan confirm it , then wait bearish strenght to enter the trade (on this example)
showing something that worked in the past is pretty easy and drawing fibonacci is subjective too. You should define how one has To draw fibonacci. And then post live setups instead of random past examples which sure worked out, because you only pick the one that worked out because you don't have a system for drawing the fibonacci or you just didn't share it yet with us.
Cheers
"If it wasn't hard everyone would do it. Its the hard that makes it great."
showing something that worked in the past is pretty easy and drawing fibonacci is subjective too. You should define how one has To draw fibonacci. And then post live setups instead of random past examples which sure worked out, because you only pick the one that worked out because you don't have a system for drawing the fibonacci or you just didn't share it yet with us. Cheers
Ignored
agree with you. the problem with fibo and any line tools are we have no standart how to draw them. so it is more like an art.
at least the thread stater ,give us a clue how to draw that line. i wont argue.
showing something that worked in the past is pretty easy and drawing fibonacci is subjective too. You should define how one has To draw fibonacci. And then post live setups instead of random past examples which sure worked out, because you only pick the one that worked out because you don't have a system for drawing the fibonacci or you just didn't share it yet with us. Cheers
Glad you liked. I will post here my trades with Fibonacci , good setups dont happen every day , but it pays off to wait. I will very soon create a Thread Explorer to
