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fxhermit replied Jan 13, 2011Classic — Yeah, hindsight shows this to be a classic text book example, doesn't it. The Finger signals defined the 123 very nicely. For me its a "bread and butter" pattern, takes a bit of patience to watch one evolve, they're not always this ...
Forex Bible System
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fxhermit replied Jan 13, 2011Once it cleared it's throat — Once it cleared it's throat - off and away she went. Profit stop +180 and holding
.Forex Bible System
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fxhermit replied Jan 11, 2011In the land of uncertainty ... — Rufus. Since you've decided to delve into the psychology of trading (the land of uncertainty) may I suggest a book that contains some very original thinking - "The Black Swan" by Nassim Nicholas Taleb. Taleb is ...
10,000 hours to greatness and the Mastery Asymptote
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fxhermit replied Jan 11, 2011Impulse - corrective — Haven't had much time to post lately and not trying to predict anything (a fools game at best) but, here is how I currently see the EURUSD. It is not unusual for corrective waves to be "noisey" so I will be cautious in ...
Forex Bible System
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fxhermit replied Jan 6, 2011Pink Elephant — Isn't there a saying that elephants have a long memory? Look at that bottom blue line. Support that's been in place since Nov. and now we have a bounce (o.k. so it's only on this bar so far?) almost to the pip. Man, that always ...
Forex Bible System
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fxhermit replied Jan 6, 2011Okey dokey — Yeah, it's certainly been fun so far. Just from eyeballing the charts with the new template, I think your probably right to leave things as they are (at least for now). From my perspective it looks like a very tradeable system. As ...
Forex Bible System
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fxhermit replied Jan 6, 2011Closed — Remainder of trade closed. Golden finger print. Anyway, that's a bit of an anatomy of how I tend to trade. 40+90+40 = 170 or there about. Nice for an easy days work.
Forex Bible System
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fxhermit replied Jan 6, 2011TP2 — An update on the progression of the recent add on trade. Second position closed at TP2. Remainder with a Proft stop at TP1. Cubbybgood, you've sure been busy. Nice work on 3.0! I'll have to print a picture and hang it on the wall, it ...
Forex Bible System
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fxhermit replied Jan 6, 2011H4 — Price is teasing the round number 1.3000 just below which sits an H4 support line (blue line) that defines an aprox. 530 pip range that the EURO has been thrashing around in. Could get interesting at some point.
Forex Bible System
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fxhermit replied Jan 6, 2011Fib Tool — pmullin86 some very astute observations and questions on your part
. As far as the level indicator is concerned, it is the Fib retracement tool but instead of the usual fib levels the levels are 0, 50, 100,200,300,400, etc.. It is ...Forex Bible System
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fxhermit replied Jan 6, 2011Classic Technical Analysis — O.K. What constitutes Classic Technical Analysis. Well, here is my suggestion on what to study: Horizontal Support and Resistance (well surprise surprise
) Trendlines (even Smikester thinks they are important ...Forex Bible System
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fxhermit replied Jan 6, 2011MTF — MTF (multiple timeframe analysis). First of all, I only trade EURUSD but don't let that stop you from trading any other pair. My main timeframe is the H1. Most of the trades are triggered there. I do look at timeframes on either side, ...
Forex Bible System
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fxhermit replied Jan 6, 2011Fib Tool — Perhaps I should elaborate a little on how I use the modified Fib tool. I use it to "straddle" the signal bar sometimes ignoring the wicks if it is a full bodied bar. Let's assume that I have three positions in place. When price ...
Forex Bible System
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fxhermit replied Jan 6, 2011MT4 Fib Tool — Cubbybgood. It's the standard Fib tool as supplied in MT4. You have to configure it by hand (can't figure out how to attach it, sorry). In the properties description box, type in the descriptions Stop1, Stop2, BUY/Sell, TP1, ...
Forex Bible System
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fxhermit replied Jan 6, 2011M30 — Add on trades in the M30. TP1 hit for apprx. 40 pips with the remainder at profit stop of +10. Yes, I do use a lower time frame (usually M30 is all that's required to pick up additional signals) to time add on entries especially during a ...
Forex Bible System
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fxhermit replied Jan 6, 2011target — TP4 has been reached and breached with a touch of the LML (lower median line). I wonder if it will also be breached?? Next Support in the H4 is at 1.2969, could be the next target for price ?? Are we having fun yet?

Forex Bible System
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fxhermit replied Jan 5, 2011Spot on — Hi Smikester. Yeah, your pretty much spot on. As you can tell from my posts, I've been pretty darn "preachy" about S/R and trendlines myself. There simply is no substitute for knowing and understanding good old clasical technical ...
Forex Bible System
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fxhermit replied Jan 5, 2011Signals — Golden Finger is the signal indicator that you should be using. Try starting with Cubbybgoods Biblesystem 2.0 template as per post #1. That is the basic setup to work from. Eveything else is just me being schizo
. Sorry to create ...Forex Bible System
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fxhermit replied Jan 5, 2011top notch thread — Tashoon. The chart set up is pretty simple. Golden Finger set at 2 (available in first post). S/R lines I just draw by hand but Cubbybgood has provided an indie also - perhaps you may prefer it. As far as the BUY/SEll and ...
Forex Bible System
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fxhermit replied Jan 5, 2011Ma's — [quote=Cubbybgood;4289622]Hey is that the 12x12 alert indicator from my other thread that you also have on chart?
quote] No, but same idea. I keep messing around with the settings. There is a lot of lee way (just about anything ...Forex Bible System