10.7

[Gertje]

Just a note the TMA is really good during range periods but not so good if prices break out into trends. We maybe at that point here so trend moves I drop the TMA and use something else. Range trades it is one of the best.

How true....

Got stuck in really big DD now, price screaming past the TMA-lines instead of reversing as it is supposed to....

Set everything on BE, and stopped entering new orders to save margin.
Still believe the D1 has big potential, just not the way I traded it last month.

[dudest]

Several 4h signals today:

long NZDCHF, NZDUSD, AUDCHF
short EURAUD, EURNZD, GBPAUD, GBPNZD

I could be wrong, but I think that:

a) NZDCHF will first go down to between 0.7640 - 0.7600 (50.0 and 61.8 Fib) before going up
b) GBPNZD will first go up to between 0.9500 and 0.9550 (61.8 and 73.6 Fib) before going down

Generally: the NZD and AUD going down some bit before reversing to continue up

Key words: I could be wrong

Cheers

[zentauro67]

Hi, dudest

A minor question of not too much importance. I see you use 73.6 fibo level. I did some time ago a comparation between 73.6 and 76.4 and most of time 76.4 is more precise. I´m using now 76.4 in a modification I´m testing of slowkey´s ribbon and I´m very happy with it. It works even better than over rated 0.618 to draw dynamic resistance zones.

[Mike]

Hi, dudest

A minor question of not too much importance. I see you use 73.6 fibo level. I did some time ago a comparation between 73.6 and 76.4 and most of time 76.4 is more precise. I´m using now 76.4 in a modification I´m testing of slowkey´s ribbon and I´m very happy with it. It works even better than over rated 0.618 to draw dynamic resistance zones.

Hi zentauro67, where do you have your Fib numbers from? I attach an overview of possible fib numbers, as I know them.
Mike

[zentauro67]

@Mike

I was looking for the next level to 0.681 as in some of the settings I try to tune I needed to go a step beyond. I found a discussion in a FF thread about 76.4 vs. 78.6 and just tested them in some indicators that use fibo in its calculations. 76.4 works great. In T3MAs specially.

http://www.forexfactory.com/showthread.php?t=58778

[taipan]

Several 4h signals today:

long NZDCHF, NZDUSD, AUDCHF
short EURAUD, EURNZD, GBPAUD, GBPNZD


CSS 16052014 daily

Hi fok,

Nice indicator. Can you share it in this forum.

Thanks in advance.

:hi:

all credit is due to SpiderX.

http://www.stevehopwoodforex.com/phpBB3 ... 652#p90652

Yes all credit should go to Spiderx but your indicator looks different. What parameters to change so that the arrangement will look the same as yours.

[fok]

I use alorente's style and customized colours.

dashbosrd custom alo.png

[dudest]

Hi, dudest

A minor question of not too much importance. I see you use 73.6 fibo level. I did some time ago a comparation between 73.6 and 76.4 and most of time 76.4 is more precise. I´m using now 76.4 in a modification I´m testing of slowkey´s ribbon and I´m very happy with it. It works even better than over rated 0.618 to draw dynamic resistance zones.

Hey zentauro !

Good stuff.

I have always just used the default Fib levels on Empty4

The 'method' I was using to make the 'predictions' on the earlier post ( NZDCHF, GBPNZD ) were the 3 pushes/levels that CJ illustrated.

Noticed that during a leg, price probes a level, that later turns out to be a 50/61.8/73.6 retracement + S/R zone. On H4, the 73.6 gets hit ALOT on retracement, before price starts the next leg.

Since these are ratios, 76.4 and 73.6 are very near to each other, so if 73.6 is getting hit, 'tis very likely that 76.4 is getting hit lots of times too ( have confirmed this on one of my charts ).

Cheers!

[dudest]

Hi, dudest

A minor question of not too much importance. I see you use 73.6 fibo level. I did some time ago a comparation between 73.6 and 76.4 and most of time 76.4 is more precise. I´m using now 76.4 in a modification I´m testing of slowkey´s ribbon and I´m very happy with it. It works even better than over rated 0.618 to draw dynamic resistance zones.

Hey zentauro !

Good stuff.

I have always just used the default Fib levels on Empty4

The 'method' I was using to make the 'predictions' on the earlier post ( NZDCHF, GBPNZD ) were the 3 pushes/levels that CJ illustrated.

Noticed that during a leg, price probes a level, that later turns out to be a 50/61.8/73.6 retracement + S/R zone. On H4, the 73.6 gets hit ALOT on retracement, before price starts the next leg.

Since these are ratios, 76.4 and 73.6 are very near to each other, so if 73.6 is getting hit, 'tis very likely that 76.4 is getting hit lots of times too ( have confirmed this on one of my charts ).

Cheers!

PS: based on the above ( 73.6 on H4 + price phases ), I'm currently long AUDCAD [ 1-->2(counter-trend) ] and AUDJPY [ 2-->3(with-trend) ]

Cheers

[taipan]

I use alorente's style and customized colours.

Thanks for the customized color. Cheers.