you have nice entry and right stop loss lvls.seems you understand the system...but weekly candle is strong also there a 5 wave end from sstart 1.18s. im out from this trade...and answer is yes i put always entry to %50 and 61.8 (except if there is ...

Fibonacci Trading with Price Action

my EURUSD stopped at breakeven with strong move...i dont think it can go down today below 1.13 so it will confirm pin bar at weekly...so above 1.1430 it can go up more...

Fibonacci Trading with Price Action

EURUSD time to play...stop is daily close above 1.1430 ...if dont go below 1.13 today i can close manually

Fibonacci Trading with Price Action

that 4hour candle is scary...

Cable Update (GBPUSD)

also another reason i decided watch them for a while... divergence between NZD and AUD... NzdUsd didnt retrace since both pair started rally from bottom...Nzd reached second resistance area but Aud still struggle at first...these both must meet each ...

Fibonacci Trading with Price Action

i decided took tp from AudUsd and watch for a while... if its break above 73 i can add long again

Fibonacci Trading with Price Action

lets zoom in what happened since its rejected from 73 last week... i watched all of those little trends till it back to my retracement lvls for daily chart...unfortunately missed my entry at 7160 and put that big 1hr candle when i was sleeping...so ...

Fibonacci Trading with Price Action

i guess you missunderstood pictures...start of the rally is previous rally started 01.11.2018 and thats daily chart... other pic i shared today is 1 hour chart... picking a point for start rally can be spesific sometimes...but point is understanding ...

Fibonacci Trading with Price Action

missed my long at 71.60 by 3 pips...bought 1 hour candle which is threating short term's previous lower high resistance...

Fibonacci Trading with Price Action

AUDUSD rally back from 0.73 retracements are at 0.7185 and 0.7160 also there is a wedge breakout which is supporting there might be more bull momentum... next resistance will be at 0.7450s if this work out

Fibonacci Trading with Price Action

My XAUUSD stopped at breakeven... last short term rally retracement failed so need to watch previous daily move retracements again... %50 bounced before but i prefer to see price touch 61.8 this time... daily close below 1180 will stop any trade

Fibonacci Trading with Price Action

you can change or add different lvls if you want ...but i dont prefer that...sometimes price extend to 1.618 sometimes 2.0 sometimes 2.618 etc... im not expert about extension lvls... i dont need either... all i need to see PA supporting trend ...

Fibonacci Trading with Price Action

i dont understand what you mean ... fibonacci for mt4 ? i know there is

Fibonacci Trading with Price Action

XAUUSD update... im still waiting a bull momentum start... price pullbacked to 61.8 today. and seems find support also from channel support..stop at breakeven and waiting for FOMC...

Fibonacci Trading with Price Action

XAUUSD fibonacci worked great... but there was Congress election in Usa and that was my midnight so i didnt add a long entry but i let my previous long without risk todays daily candle close is important... daily candle close above 1234 will open a ...

Fibonacci Trading with Price Action

i can say i will wait breakout of that little wedge i zoom in 4hr chart...i wait a medium term bullish trend starts to till bearish trendline which is holding price since 1.60 peak...

Fibonacci Trading with Price Action

Lets check EurUsd and confuse ourselves

Fibonacci Trading with Price Action

here bull trend draw ''cup'' which is a bear trend characteristic... and when you see its break down to trendline support and some wedge formation... you can start to sell or sir out of market...

Fibonacci Trading with Price Action

and here a bull trend example... if you are in a bull trend you will see '' reverse half cups''

Fibonacci Trading with Price Action

here you can see i refresh fibonacci in every rally ... its a bearish trend example... if you see price draws '' Half cup'' then you can play 50-61.8 retracements with stop loss above where the last rally started...

Fibonacci Trading with Price Action