hello. i have been reading this thread on and off for a long time now and i do my own thing.. but i have a question. is there anyone here that places targets like i do? where they align to fibonacci retracements, see picture. i do cut my position ...

THV system, final edition

aha! i will try this, thx FerruFx

Simple Fibonacci Trading

guys i have a problem with the EA, or something * version of mt4 is build 419 * i have a fibbo on chart named BUY in description * the fibbo was put there before 61.8 level was hit by the price * fibbotrademanager 4 in the corner of my ...

Simple Fibonacci Trading

nice one. lets hope it goes then

Simple Fibonacci Trading

AUD/USD setting up short on H4? anyone ideas about this?

Simple Fibonacci Trading

hey, i have been testing this for a while now.. i like 1h and 4h charts. my counter question is: which pairs do you guys like?

Simple Fibonacci Trading

Imo i find a small divergence on eur/usd m5. After that perhaps we can extend to the 1,618. We shall se

Simple Fibonacci Trading

ah yes you are correct FerruFx. i eyeballed the swing high there and was of by a few pips. My logic is 83,91 swing created the last leg up to the currently highest point of the day and as such has to be invalidated in order to become a short trend. ...

Simple Fibonacci Trading

ok. thank you what about the current state of aud/jpy m15? im thinking short possibly?

Simple Fibonacci Trading

is this correctly done? the low was broken and followed by a new low. i put my 0 level at 82,99 and selected my 100 level at the latest zigzag highpoint. im thinking its a short and continuing the trend yes?

Simple Fibonacci Trading

Hugh Briss i must say, i very much like what - er - is doing here. But i still don't fully understand from and where to draw the fibbo's. Perhaps somebody would be so kind as to explain this further? Im not saying im an idiot, i i just don't see why ...

Simple Fibonacci Trading

can anyone help me and share some tips about which top and bottom to chose and why? i've been trying to figure out a mechanical way to decide this but im not 100% there. so i ask anyone really, some tips?

Simple Fibonacci Trading

im sorry, i dont want to be rude. it is just that when i see something good i like to give my thoughts on it so that it can be even better. i'm just like that sorry. in some weird way thats me saying i like this stuff. one thing that i always ...

Simple Fibonacci Trading

thank you. then i know how to work this

Simple Fibonacci Trading

then i understand. can i ask one more thing about the EA? is it true, yes or no, that once the pending level has been reached the order to go long/short in the market is put at the desired level regardless of the spread? meaning is the order placed ...

Simple Fibonacci Trading

the idea is to be able to enter at the 50 level. i dont know how close the activatorlevel needs to be, i just guessed there. about the move to break even.. i might have missread something in the thread. im just thinking out loud sorry

Simple Fibonacci Trading

ah i see now i get it. i need to set the retrace level to 52 and enter at 50 and cancel at 61.8. in my previous example i wanted to go long at 50 so im thinking once that level has been touched, 52 is close, then the fibbo enters me long at 50. and ...

Simple Fibonacci Trading

can you please explain further? do i need to add all the levels in my fibb so that they correspond to the EA?

Simple Fibonacci Trading

thank you anyway. we'll leave this to the big boys to sort out

Simple Fibonacci Trading

yes i just turned that off afterwards for the picture. i use another EA for another method of trading so i already know about the smileyface. the fibbo was named BUY

Simple Fibonacci Trading