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    • CanuckCT replied Oct 19, 2010

      What is most interesting to me is this....over the nine pairs... Breakout at 50 fib, TP at 100 fib, +92 and two open trades Breakout at FZP 61.8 and TP as FZP 1.0, from open price, +241 and one open - the blue boxes on my chart. Other days...the FZP ...

      NY 5pm Fibs
    • CanuckCT replied Oct 19, 2010

      A snapshot of levels Old Dog on the left...CanuckCT on the right I have a short video of my process...once uploaded to YouTube...will post the link. You need to think is it this way....identify support and resistance by first looking at a fib ...

      Old Dog Fib Trading - EURUSD
    • CanuckCT replied Oct 19, 2010

      Hi Barney, I like anchoring price at the close....the very nature of breakout trading is that they do not work all the time...especially if you try automating it. You will be forever tweeking to see....how can I filter out those losing trades. Range ...

      NY 5pm Fibs
      • Attached File(s)
      File Type: pdf FTJ14.pdf