When have I ever turned down someone elses advice? I used two basic fibs for the purpse of the example, not wanting to include more than I needed too. I know how to draw fibs from monthly, down to the 1hr like bo said to do. --- moving on Here is my ...

Fibonacci Trading with Bobokus

the 100 sma can be a good indicator of trend, but breaking the 32sma can also be an indicator that the current trend is ending.

Battle of the Bands

Awesome job contributing absolutely nothing of value to the thread or answering any part of my post. cheers big

Fibonacci Trading with Bobokus

I've been trading fibs for a long time now (over 2 yrs) and even was a member of BO's website, but I still cannot grasp the concept of a support fib and a resistance fib. Bo, and many others have posted pictures and video clips (which I have seen ...

Fibonacci Trading with Bobokus

yes that is a valid entry.

Battle of the Bands

Last nights trade + 10 pips on uj, but missed the other 13 pips on the long trade 3 hrs ago. and just to emphasize, if I didn't take 1/2 my profit when I could, this would have been a losing trade. Ya 10 pips aint much for a nights trading, but over ...

Battle of the Bands

Ya i missed that one , but good job, you're getting the hang of it. Oh and guys, take a look at that usd/jpy I posted...lookin pretty good now, already made my money on it, so now its "on the house"

Battle of the Bands

In a way, yes. the 100 and 200 can be good indicators of market strength or weakness, so when price breaks the 100/200 sma we want to follow the price by going long or short whichever way price goes. For example: now this is a 4hr chart, just to ...

Battle of the Bands

I posted that trade as well a few posts above.

Battle of the Bands

Here is usd/jpy on the 1hr that I just took short at 90.37.

Battle of the Bands

and if you took the short, you would have made about 2,282 pips

Battle of the Bands

Maybe this will make your mouth water. This is EU on a weekly chart, using this system, you would have made at LEAST 1300 pips. entry --> 5/1/2009 @ 1.3624 out 1/2 --> 1.4000 + 376 IF you were to get stopped out this week, the sar is currenly at ...

Battle of the Bands

It'll take me a while to give you a numnber of pips won / lost as the system as originally designed to trade stocks so fx trades are very limited right now but im working on that. in fact what i'll do is just look back on some charts and give ...

Battle of the Bands

I tried to upload a zipfile but its a little bit too big. I can send it to anyone who has skype or if you want to PM me I can email it to you. The win / loss % for 20 trades so far is 70% winners 30% losers

Battle of the Bands

I'll work on providing you guys with the win/loss % ... i have a few trades that I have archived but not much to really make a strong statistic. The stop is so wide because in my experience of trading with moving averages is that: 1. They lag behind ...

Battle of the Bands

No because it did not close below the 32sma low, 200 sma low or the 100sma... the parabolic sar was penetrated, but price must have closed below one of these averages in order for it to be a full signal.

Battle of the Bands

Here is a trade I saw, i didn't take it, but using this system, you would have made 300 pips off this single trade. Not bad for a weeks work.

Battle of the Bands

True, and in this case a trader should either ignore the trade if the market is too choppy or trade off the 100 or 200 sma because they're less prone to market noise.

Battle of the Bands

lol, I didnt even notice that. I was messing around with different values. NO its always 32, I just made a dumb mistake.

Battle of the Bands

took 5 GU long here off the daily @ 1.6273 once it broke the 32sma high. Stop is @ 1.57061. I dont use targets with this system as there is no need to.

Battle of the Bands