Regarding your three trades. — Hi Boomswitch: Please post your charts so that we can look at them. I went back to yesterday and unless if I am shooting my fibs wrong, you should have had atleast the first TP for both NZD/USD and AUD/USD taken ...

Powerful Fib Based System - by DAZfx

Trade on GBPUSD yesterday. — Below is a chart of the latest trade that got filled. This trade is on the GBP/USD pair on the 4 hrs chart going LONG. The result was 100 pips+ or USD $1,000. I placed arrows to show the entry point of the trade. ...

Powerful Fib Based System - by DAZfx

Explanation of last two trades that closed. — Hello D: Thanks for posing the question about the trades. A few individuals have been asking about those two trades. I must apologize for not mentioning that those trades were placed using the ...

Powerful Fib Based System - by DAZfx

Hi 4XFactor: I do not know how to label the entries if the trade is over a day old. Normally the guys go back and identify everything on the chart with arrows and shaded areas. I promise that the next trade that I take, I will save a picture of the ...

Powerful Fib Based System - by DAZfx

How to join the trading room — Hi Dinemma: For instructions on how to join the rtrading room, please read POST #903 and POST #905. Welcome to the Daz system.

Powerful Fib Based System - by DAZfx

Trades without Trading room. — Yesterday, Monday, I had to trade without the help of my buddies in the trading room since access was not available. I figured that it was time to grow up very quickly and just follow the Daz system and apply ...

Powerful Fib Based System - by DAZfx

Indicator use — Hi D liberators: The indicator that Bee provided is a timer. It lets you know how much time is left before the current candle closes. It automatically recalculates when the timeframes are changed. I find it very useful since ...

Powerful Fib Based System - by DAZfx

Thank you. — Hi Bee24: Thanks for the updated indicator. It is much nicer; especially with the timer around the chart.

Powerful Fib Based System - by DAZfx

Update for last week's results — I traded three days last week; Monday, Wednesday and 1/2 day on Friday. My biggest lesson learned was to double check any potential trades with everyone in the trading room. I placed two trades based on the DAZ ...

Powerful Fib Based System - by DAZfx

Increase in spreads and changes in rollover rates — Hi guys: I have been reading about certain brokers raising what they charge for spreads; it has increased dramatically. I have also been told of brokers that have changed their rollover rates ...

Powerful Fib Based System - by DAZfx

Update from this morning's trades — It was great to watch everyone shooting setups for possible trades all over the place. For me, it got quite overwhelming. Some folks were getting concerned that no trades were placed on Tuesday due to no ...

Powerful Fib Based System - by DAZfx

Update for Monday Sept. 15th — It took me a couple days to post this update so there will be no chart posted because I do not know how to highlight and put all the pretty symbols on yet. The chart would be two days old and I would have to ...

Powerful Fib Based System - by DAZfx

Update for 1st week using this system. — After four days of trading this system with the guidance of some fantastic individuals, I made about 400 pips this week, about $4,000 USD. This is not as much as the veterans in the trading room, but I ...

Powerful Fib Based System - by DAZfx

There are really no templates — TradeForexFx: There is a special zigzag indicator, but as far as I know the fib lines are drawn manually, so are the trend lines. You can find any templates or indicators for this system to the top of this ...

Powerful Fib Based System - by DAZfx

Great help, great people — Just want to say thanks again to everyone that is willingly sharing their knowledge with us in the trading room. Today, with the help of Mike, MikeyC, Liquid and Igel, I avoided entering three trades that would have ...

Powerful Fib Based System - by DAZfx

I figured out the charts, so here they are. — The first chart is that of USDCAD 4hrs taken LONG. Again, I placed only one trade, used only 1 lot and that was on the first target. So, for me this trade is closed for the day. Made 43 pips. The ...

Powerful Fib Based System - by DAZfx

USD/CAD 4hrs hit first Target — The USD/CAD going LONG trade off the 4 hrs chart that I took this morning, hit it's first target @ 106.96, it is headed for the 2nd target @ 107.37. I only placed the trade based on the first target only since ...

Powerful Fib Based System - by DAZfx

Thanks to everyone — Just syaing thanks to everyone that is keeping this blog alive. It was a great experience to join you guys in the trading room and just learn from you. I have been trading live by myself since March. I had to figure out ...

Powerful Fib Based System - by DAZfx

Thanks Itguy — Itguy: Once we change the uptrend value to true, does this mean that the indicator will only draw lines for LONG ? I just want to know to see if two versions should be compiled, one called fiblevels for long and one called ...

New Mouteki Method...

Indicator for Fiblevels — Has anyone tried using the Fiblevels indicator graciously supplied by Itguy? It does not allow me to tell it what direction the trend is. It automatically places the fib sequence based on it's own analysis which is ...

New Mouteki Method...