Potential targets for EJ in the coming 2 weeks. — Hello traders, On a wave pattern for EJ, I am expecting a gap down another 50 - 60 pips to around 114.19 to complete W3 with the trendline shown in the chart. Then an up move with a corrective ...

EUR/JPY Anytime!

My take on this is because, women are more safe than men in their thinking. Security is an obsession for women so they risk lesser. Most women think of a better way of making money than forex or riskier options. Most women are more mature in mind ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Very well said Lolcat!! — I am sure most traders in this forum share the same sentiment as yours. I really don't understand why there is so much malice when someone is taking so much time to educate others with their brilliance. Appreciation ...

Aboonacci System - for EUR/USD prediction

Thanks KDX. — I was reffering to downward break. In power 3 i have seen in some post from aebab that if we break 50% of the white fibs we should get to 23%. I was merely confirming if it applies to P4 as well. As we did get a brek of 50% on ...

Aboonacci System - for EUR/USD prediction

Rules of Aboonacci. — Dear Aebab, is the rules of power3 breakout (white fibs) same as power 4? If 50% of breakout reaches 23% in power 3, Do we draw the same white fibs on power 4 as well and does the same rule apply? I am asking this as ...

Aboonacci System - for EUR/USD prediction

sorry about the late reply... Price did not retrace to 38.2. bought from 76.4 to tp1,tp2 nd tp3 . TP1 hit and TP2 & 3 stopped out at breakeven +3. Regards Sting.

My Fibonacci trading system

does not follow the rules of this technique. — Dear James, that chart is of 13th Oct and i think you did not check the G7 indicator. Athough CAD is above +1, Aud has not touched -1 or even below 0 so according to rules, price can go anywhere. ...

My Fibonacci trading system

readings to be taken at 00:00 GMT. — Vinodh, check the template at 00:00 gmt. If you have all the momentum of the day (which is 1 (most important) ,10 & 14 showing a curve up, then it's a bullish day. Now check the fibo daily which is the ...

Momentum and fibs Journal

Thanks a lot for clarifying. — Dear Aebab, thanks a lot for clarifying Regards.

Aboonacci System - for EUR/USD prediction

Thank you . — Dear Aebab, thanks for the prompt reply, however 60 pips would have still hit my stoploss as it went 63 pips from 38.2 (in my chart). Is it possible to show us how do you calculate it through the version 3 calculator. what will ...

Aboonacci System - for EUR/USD prediction

Any other rules for stop loss. — Dear Aebab, u are right about reaching 100% of the phase, but after crossing 38.2% of a phase, is there a rule for stop loss. Price retraced below the phase level and reached 50% of the lower blue fibonacci. ...

Aboonacci System - for EUR/USD prediction

new trade setting up. will buy at 38.2 at 114.05 — New trade setup: market order buy limit at 114.05 for a TP1 of 114.64 (123.6), TP2 of 114.74 and TP3 - 114.90 SL - 113.90. Check chart for reasons.

My Fibonacci trading system

stopped out with be+3 — The other 2 positions stopped out at BE +3.

My Fibonacci trading system

TP of 123.6 fib hit at 112.85. — JD and chris, As mentioned, tp1 hit at 112.85. Now moving SL to breakeven on 2 other positions for a free ride to 138.2 and 161.8.

My Fibonacci trading system

TP 112.85. — TP1 - 112.8, TP2 - 112.75 and TP3 - 112.58 Sting

My Fibonacci trading system

sold eur/jpy to 123.6 tp. SL 113.65 — Seems to be a perfect setup for selling Eur/jpy to 123.6 fib check chart. JD and chris. Please check this out. thanks.

My Fibonacci trading system

Fantastic system and excellent tools Aebab!!! — THank you very much for this system. It's great. Was using another system until now, but after demoing this system, results are excellent. Thanks a lot again Aebab. God bless U!!! Sting

Aboonacci System - for EUR/USD prediction

My humble view on this pair. — Folks, I am just stating my view on this pair. Please feel free to have an unbiased discussion. I am here only to learn. Chart 1 Daily. Price made a high on 28th july and then the downtrend started. It hit 123.6 ...

EUR/JPY Anytime!

THis is Forex... the viscious market. — To be honest with everyone. I made a ton of pips with this method at the start of the week which was monday and tuesday. I gave back precisely 38% of my winnings of those two days back to the market on ...

My Fibonacci trading system

Valid trade. — BJ1, The example you have stated is a valid trade. Notice that eur has not only touched +1 it's way over the +1 and yen has touched -1 later at the fractal point. ideally i wud draw the vertical line one candle before the ...

My Fibonacci trading system