I did not took this trade, I trade gbpjpy,usdcad and audusd only different strategies for each one of course, but always with these levels on my chart

Weekly Fibo trading levels

That looks great! I would've enter short on the break of prev candle low since it hit 61.8 level, looking for final profit around the 38.2 level, unless the weekly says the order flow is to the downside at that point. Here are USDCHF levels if you ...

Weekly Fibo trading levels

I have these levels as a guide of where the market wants to go. If the market order flow is down, and I have a long trade open, I will be careful because if price hits one of these levels it will be rejected, unless it's move by a powerful news. If ...

Weekly Fibo trading levels

Hello Traders, It's the beginning of the week and I have weekly levels for you.... USD/CAD USD/CAD 0% @ 1.29697 23.6% @1.31177 38.2% @ 1.32096 50% @ 1.32839 61.8% @ 1.33582 82.0% @ 1.34854 100% @ 1.35987 1.382% @ 1.38392 1.618% @ 1.39878 1.82% @ ...

Weekly Fibo trading levels

Hello traders, Remember that GBP/JPY chart I posted with the levels? Well, if you trade the levels as we have been talked about. Look at what happened to day. Price was rejected once again from 38.2 level as the order flow for the pair was down. So ...

Weekly Fibo trading levels

I learned this analysis from Tom Strignano. This was one of the first things he taught me. The whole idea behind the weekly fibo analysis is to have an idea where the market is going. We take a point in the weekly chart (i can't reveal how I do it) ...

Weekly Fibo trading levels

It's not an indicator yet, i calculate the levels by hand. The indicator you see on the chart is free with tradingview. Tradingview is free charts for stock, futures, and forex. I use oanda and on their web platform, this is what they use. It's part ...

Weekly Fibo trading levels

can you post a chart to show me what you are proposing?

Weekly Fibo trading levels

You are actually looking for price to retest that 100% (in this case) sometimes is a different level.

Weekly Fibo trading levels

That's perfect, hasib.

Weekly Fibo trading levels

I calculate the levels from highs and lows I was taught. I will soon develop an indicator for it. For now I will just post them here.

Weekly Fibo trading levels

Well, today I have GBP/JPY.. one of my favorite pairs. This week GBP/JPY changed the order flow to the downside, and of course the fibo levels changed. Here are the levels for this pair, along with a chart. This chart has some of the indicators I ...

Weekly Fibo trading levels

Thanks man. I lot of things coming out soon!

Weekly Fibo trading levels

Ok, here we go as promised.. Weekly levels for EUR/USD are as follows with order flow to the downside (this does not mean you can't take long trades) is just that sell trades will be more efficient and you will be able to make more profit knowing ...

Weekly Fibo trading levels

Today's news stopped my EUR/GBP at breakeven I will be looking to enter long again at another buy signal.. hopefully lower. Entered short GBP/USD though!

Monthly Profit - Daily Trading using SMA

I picked EUR/GBP.. entered yesterday @0.8454.. holding this one for the long run!

Monthly Profit - Daily Trading using SMA

Yeah, you are talking about Phil Nel's method, I still use the MACD signals I learned from that method. But, i learned other ways to. MACD can be reliable, nothing like price action of course, but it can be a good signal confirmation. I like this ...

Monthly Profit - Daily Trading using SMA

Try changing the MACD parameters, I don't know how you are using MACD, I use it like in 4 different ways, but try 5,13,1 as a parameter for D1.. maybe this will work for you.

Monthly Profit - Daily Trading using SMA

I totally agree with filipo1, in my analysis the audusd is in a downtrend. I will be very careful with longs on this pair.

Monthly Profit - Daily Trading using SMA