Ranger, Modifying the Fib Tool that comes in MT4: Added other fibs that have shown PA (Price Action) as S/R (Support/Resistance) and S/D (Supply/Demand). Blue Fib and Red Fib are the same Fib, just flip flopped with a color change. Black Fib is the ...

NY 5pm Fibs

Here's the result: Sell at the Red 76.4 with a SL at the Red 23.6 for a loss. Buy at the Blue 76.4 and the trade is open Running Total: W=1 L=3 O=1 Sell at the Red 50 with TP at the Red 100 for a win. Sell at the Red 50, after touching the 0 again, ...

NY 5pm Fibs

"Q. So, if you could learn where the weekly was headed and waited for the daily to signal the same and then traded hourly, would that improve your trading? " If we get a break and support of the blue 38.2, would blue 11.8 be TP1? If we get a break ...

Indicator Free Trading - Skunny

Happy Turkey Day. Looking forward to the review.

NY 5pm Fibs

Thxs CCT. Why wouldn't you take the buy at 23.6 earlier (by the green line)?

NY 5pm Fibs

Here's the view from the Monday 5pm Candle. Fibs starting at the Open (Blue and Red). The Black is just a different way of fibbing.

NY 5pm Fibs

After reviewing the 3 trades, I'm wondering if a Red or Blue Entry at 50% with a TP at Red or Blue 100% with a SL at Red or Blue 0 would work. W would = 4 and L would = 1

NY 5pm Fibs

I should not have posted the previous picture, because all the other pictures were based on the 5pm EDT candle and not the 4pm EDT candle, especially on a Friday. The picture I should have posted is below, and is based on the 5pm EDT candle based on ...

NY 5pm Fibs

Skyzer, Agreed and why we are asking if OD came post some steps to his strategy. OD, hope you can take a few minutes of your time and help us out, again. Thanks in advance. BD

Old Dog Fib Trading - EURUSD

Based on Friday's close:

NY 5pm Fibs

OD, Love the avatar. Could you provide 4-5 steps on how you use your lines, determine entry, determine exit and determine tp? Please and thank you. It would help all and Skyzer BD

Old Dog Fib Trading - EURUSD

FYI for others: Please note in the Attachment 558124 that the 2nd box on Thurs should be Blue or a winning trade for what CTT is explaining. Also, note how Risk is being managed by moving the SL, first to BE at 23.6 from 0 (OD_Pivot), and then up to ...

NY 5pm Fibs

Agreed

NY 5pm Fibs

Agree that automation would be necessary based on "progression" discussed over the previous couple of posts. Also, for other's reading this, CCT mentions OD Pivots+Fibs, here's a link to that thread: url

NY 5pm Fibs

Another thought would be to Enter at 78.6, move SL up when you hit each additional fib as previously described.

NY 5pm Fibs

After looking at your 1st chart, what about: Entry at 61.8, SL at 0, TP = move SL to 61.8 when 78.6 is hit, then move SL to 78.6 when 88.2 is hit, then move SL to 88.2 when 78.6 is hit, then move SL to 100 when 88.6 is hit, then move SL to 100 when ...

NY 5pm Fibs

Buy on 23.6, TP at next fib (38.2), SL at Pivot Sell at 23.6, TP at next fib (38.2), SL at Pivot Yes? Not a lot of room for PA. (After rereading your post, I miss understood) Buy on 23.6, SL at 0, TP = Move SL to 23.6 when PA hits 38.6, and let PA ...

NY 5pm Fibs

CCT: You were the inspiration to start this thread. BD

NY 5pm Fibs

Has anyone taken a look at Happs Trading System? url OD, Fudo, Happs

Old Dog Fib Trading - EURUSD

There is a loss, Red Fib, that entered at 76.4%, and did not make the 150.0% TP, but did hit the Red 23.6% SL. There is a loss, Blue Fib, that entered at 76.4%, and did not make the 150.0% TP, but did hit the Red 23.6% SL. Price has been fluctuating ...

NY 5pm Fibs