Can you please post a chart? — BJ1, Can you please post a chart with the fractal on the vertical line. It could be due to the various brokers that we trade but i didn't notice the scenario that you mentioned the previous night. But to answer ...

My Fibonacci trading system

adding one more rule which i forgot. — eg. Eur/jpy If eur touches -1 and jpy touches +1, ideally a trade is valid if it's more than 50 pips but in some cases when you draw the vertical line which indicates the reaching of +1 and -1 after the ...

My Fibonacci trading system

apologies for the confusion. — BJ1, Personally i trade anything above 50 pips. The post which says 70 pips is by the originator of this thread (WJQ). He insists on 70 pips minimum which is better and less riskier. Hope i am clear now. Sorry ...

My Fibonacci trading system

Not a good day to trade IMHO. — Thanks freedom, hope you made some nice pips as well. TOday does not look to be a good day for trading. We have a longer term trend down and a daily trend showing up. Can't take any buys as we can get into ...

My Fibonacci trading system

Hope you guys enjoyed today. — Folks, don't you just love this system. 105.61 tp hit. Done trading for the day. will pop in in the middle of US session. With usd/yen such low, Dow will be opening a lot down which can take the yen crosses even ...

My Fibonacci trading system

Not the perfect setup. — Hi Folks, Great day for bears and continuing... This chart is not the perfect setup as stated before. Notice that eur has not touched -1 yet but yen is way over +1. We have the fractal confirmation so i drew my fibs ...

My Fibonacci trading system

all tp's done. — Chris, As posted before, all TP's hit including 161.8. THe weekly fibs which i showed before has also hit 0% at 107.31. Now this is a major support area. The candle has closed above weekly low and now can go up considerably as ...

My Fibonacci trading system

one more weekly chart. — Chris, One more weekly chart for your analysis with auslanco's momentum and 5 sma. Notice the candle from 2 weeks before. It had touched 5 sma high and came down to touch 5 sma low and more. after that last week had a ...

My Fibonacci trading system

Waiting for you chris... — Chris, let me know your thoughts on the charts that i have posted... then i will tell you if you have missed anything.

My Fibonacci trading system

Yes it is. — Hi Chris, you have plotted the exact chart i have posted. I am already in this trade. If you notice the stocks are already down again which means it will go and hit 61.8 again after market opens and then turn down for the huge ...

My Fibonacci trading system

My rules for this system. — 1) G7 indicator should cross between +1 and -1. and then go on to touch +1 and -1 . 2) draw fibs of the previous 15 minutes swing not less than 50 pips. Use fractals to indicate swings. 3) DO not change SL. keep it ...

My Fibonacci trading system

Thank you Dr. Bean. — Dr. Bean, the g7 modification that u have done is magnificient. Thanks a million for posting the indicator. Regards.

My Fibonacci trading system

For all the noobs following this thread. — Folks, This is my way of trading this beautiful method started by WJQ. I've been busy these days so could not post much but i see my partners are doing their best to help everyone. Here is how i trade ...

My Fibonacci trading system

Hi Vinod, — Here is the chart as explained.

Momentum and fibs Journal

GBPUSD — There was no convincing break of monthly R1 on GU which might bring more weakness in this pair. I'll wait for confirmation on selling GU again. USD and Yen is setting itself to be more powerful for the day.

Momentum and fibs Journal

audusd and eurjpy — on 15 minutes, audusd is looking good for a sell and also eurjpy & audjpy. I'll wait for fractal and stocks confirmation to enter.

Momentum and fibs Journal

yesterdays trades. — gbpusd did not reach my targets. all trades hit breakeven+3. today's momentum is mixed so no trades just scalps.

Momentum and fibs Journal

gbpusd update. — GBP hit TP near weekly R1 for 18 pips. Sold again at 1.5273 for a 1st target of 5198 and second at 5143.

Momentum and fibs Journal

Yesterday was superb. — The sell on eurjpy and audjpy hit profit and the buy setup after that was fantastic on both these currency pairs. Hope it was good for everyone. Regards

Momentum and fibs Journal

gbpusd. — TOday's daily momentum for GBP shows all down which means a sell day until 5 sma close on daily at least. which is close to the weekly pivot 1.5119. Now to look for a setup. stocks at the moment are turning up. I have sold one lot ...

Momentum and fibs Journal