I have my personal standard fib levels/ratios set up on my indicator tool for trading eurusd and us500 the only difference is the time frame for...
Andy you say you have done backtests and a little walking-forward and could not find an edge maybe Fibonacci levels is not for you.?
You say that you have back tested fib retracements ,can i ask what time frames you used also what fib levels.
I trade retracements, so i am a counter trend trader, i wait for a set up,if the set up suits my strategy i then enter the market.
Volatile day ,some good fib moves on the us500 and eurusd
Unsure what my RRR has to do with the conversation as with no proof we can all write what we wish. I have in the past traded xauusd but now i...
Hi Andy, I have studied thousands of hours looking and analysing charts like many on this forum, i trade Fibs using retracement levels and pattern...
I am not saying Fundamental analysis does not have its place (we all trade with our personal edge / strategy) some trade long term,which is where...
If Fundamentals analysis trading works for some people thats fine, I've tried it but i couldn't make it work for me. News releases are constant as...
Max, your right regarding analysing charts part,but the fib levels i use are just levels (from the fibonacci sequence) levels to give me my...
Follow on from my last post, i have looked at many many indicators when starting to trade but found for me at least that they were all lagging, i...
Fibs work for me, until they don't the same as all strategies ,but as long as your agreed stop is in place. all ok just move on to the next...
Please watch the candles being painted
Sorry 1.07335 to 1.7341
Well Mick, Just place a Fib trade on the 1 min chart at 00:12 uk time ,,long not cherry picking level 127.00%
We all trade with our individual edge , be it Fibs via extensions or retracements. We possibly all use different levels, for entry and exits. and...
A Demo/ Sim account is the only way to start. If you have your proven strategy and you have back test it, and then give 60 trading days on a sim....
So Has the thread moved ?
Spot on Paulsy.
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