Nice setup — Here's a setup I took earlier (M5 chart). Candle before the vertical line retraced nearly to the 50% breach fib and closed below the 19.1% daily fib (white) and was also a hammer. It was also retesting the trendline break. Entered ...

Simple & Consistent Fibbing Method

Yep! Had 3 goes at it so far, wonder if thats it...

Simple & Consistent Fibbing Method

1.5000 is proving a hard nut to crack...

Simple & Consistent Fibbing Method

Yup that logic looks good, fibs are the same as mine...got retest of 50% as you say. I got in long a few candles later on the M5 when it closed above the 61.8 intra day fib level again..lets see where this thing goes

Simple & Consistent Fibbing Method

Not sure Kien. Can u post a chart with your fibs and entry? Could be, it did close above the 61.8 level on my intra day fib

Simple & Consistent Fibbing Method

Kien this was a setup I saw earlier. However the fib does start before 00:00 EST (yellow line on my chart). I think Simone normally looks for the move that starts after this time or she may take it from the candle on the yellow line, not sure. ...

Simple & Consistent Fibbing Method

Initial Posts Summary — Well yesterday it became obvious to me I wasn't fibbing correctly per Simone's method so I went back thru the initial posts again. And I was really doing it wrong - I was getting needlessly creative with the breach fib ...

Simple & Consistent Fibbing Method

Am going to! thanks for your help. C ya.

Simple & Consistent Fibbing Method

Simone, its 2:00am here now and my eyes are failing me. Do you mind if I follow up on this with you next time you are available?

Simple & Consistent Fibbing Method

Yep I have the monthly 61.8 level at 4902...

Simple & Consistent Fibbing Method

No rush Simone. Call me Occam, less letters to type

Simple & Consistent Fibbing Method

Sorry I didn't use the right high on the previous chart. My brain is still slow to understand the use of the Fib breach here. I see the 4878 level on the M5 chart now. So when it makes a new high in an uptrend I leave the intra day fib low where it ...

Simple & Consistent Fibbing Method

Woops, I think I'm doing something wrong here and missing something basic . I can't replicate your breach fib (in orange below)... On my chart I have the 00:00 - 3:00am EST time marked with vertical lines. There was a low (4814) and then a ...

Simple & Consistent Fibbing Method

Ignore what I said about the 4933, it was calculated from a candle before NY 00:00 so wont match Simone's first fib. Sorry about that...

Simple & Consistent Fibbing Method

Aren't we all lol! Yep I was doing it for the intra day fib low to high but I always have my 100% at the high and my zero level at the low so my -34% and -55% targets are always at the bottom But for the 50% breach fib level that its nearing now at ...

Simple & Consistent Fibbing Method

Thanks A2xm. Yep it did take off after that. It came back to the 50% breach level around 4850, but it didn't hang around there long to get another entry. Just took off in one candle. Maye the M5 might have given an entry. Still working on when to ...

Simple & Consistent Fibbing Method

Yup, and also nearly hit my next breach 50% fib at 4933. Had to go all the way back to 5 May high to find it!

Simple & Consistent Fibbing Method

No probs Sepak..not sure if I'm doing it right yet or not, so just don't follow blindly what I do lol. Here's two trades I took today. First was a loser. I entered early and didn't wait for the break of breach 50% level and paid the price. I put an ...

Simple & Consistent Fibbing Method

Oops..looks like I need another visit to the vids!...mmmm..... my first trade was from swing low to swing high (second was right way it seems). The reason I did this was because that was the first move of the day I saw after GMT 00:00 (I'm in ...

Simple & Consistent Fibbing Method

Thanks Simone. Watching the vids each day until it sinks in, but just wasn't sure how far the retrace had to be after the targets achieved. Great

Simple & Consistent Fibbing Method