You make a really interesting point Simone about how setups occurring at one point in time can actually lead to a great trade entry quite some time later. Looking back on my Euro H4 chart of Friday 12th October I see the latest short off was ...

Daily Chart 3-Candle

Hi Swingman I just wanted to say a huge THANK YOU for coding this indicator - it really rocks! I'm reasonably familiar with Simone's trading system now and have always had fun painstakingly marking the Best BUY / SELL levels then keeping them up to ...

Daily Chart 3-Candle

It shouldn't make any difference to Swingman's Best BUY / SELL indicator, I don't believe, Rafaz1. Just the normal difference based on the start time of the 4-Hour candle, which will depend on your broker's specific MT4 server time setting, which ...

Daily Chart 3-Candle

This morning (UK time), I went long on the Swissie (USD/CHF) when it started to bounce back up off the Daily Best BUY line which I have at 0.99091. It also did a decisive 4-Hour close above both the 4-Hour Best SELL and Daily Best SELL lines, which ...

Daily Chart 3-Candle

No problem, rookie14 - it's a prefectly fair question. Herewith example of today's action on the Euro, showing how price reacts to the 190.2% Fibo level on the 4-Hour chart. I made +53.3 PIPs out of this Euro Short trade, but had I stayed in a bit ...

Daily Chart 3-Candle

Hi rookie14! I don't know what charting software you are using. Whatever it is, you should be able to program in the different Fibo levels you want to use, for example, 50% 76.4%, and so on. If you can include the level 190.2%, it will show you the ...

Daily Chart 3-Candle

Hi Simone Looking back, you're right, of course - my 4-Hour Best SELL is wrongly marked on the Swing High instead of the Swing Low - my mistake. I have amended my write-up in Post #471 on Page #24, to avoid confusing anyone following the thread. My ...

Daily Chart 3-Candle

Immediately after ISM announcement 9 minutes ago, I closed my two trades from earlier. 1. Swissie (USD/CHF) Long closed at 190.2% Fibo level at 0.98939 for a profit of +53.5 PIPs. 2. Euro (EUR/USD) Short closed at 76.4% Fibo level at 1.15276 for a ...

Daily Chart 3-Candle

After a bit of an upwards correction yesterday, the Euro (EUR/USD) has shorted off from the Daily Best SELL level which I have at 1.15799. I got in Short at 1.15809, and it's currently around 1.15609, about 20 +ve PIPs. I've put my Stop Loss down to ...

Daily Chart 3-Candle

Good morning, Simone - thanks a lot for these notes - they are very helpful. As you say, the Euro is a bit funny at the moment, so I'm hoping that ISM in 8 minutes time will help clarify matters. As I've noted before, if bankers and politicians ...

Daily Chart 3-Candle

Interesting position on Cable (GBP/USD) at the moment, just after the 9:30 am BST news. Price is around the Daily and 4-Hour Best SELL levels, with Weekly, Daily and 4-Hour Best BUY levels not that far above. I guess we have to wait and see which ...

Daily Chart 3-Candle

Looks like there are some good Short opportunities on the Euro this morning, shortly after London opening. Possible Short entry somewhere in the range 1.16167 - 1.16278, with Stop Loss above the 4-Hour Best BUY level at 1.16374. There is also a good ...

Daily Chart 3-Candle

If I've marked up my charts correctly, there seems to me to be a bit of a battle of the giants going on with the Swissie (USD/CHF) at the moment. A marked upward movement stalled at the Monthly Best SELL level around 0.97730 or thereabouts. The ...

Daily Chart 3-Candle

That's great, thanks, Simone - that is clear. Drive safely! Cheers, Paul

Daily Chart 3-Candle

Hi Simone - hope you are well! One question for you, please: do you mark all three - Monthly, Weekly and Daily - Best BUY and Best SELL levels on your charts on a routine basis? Or do you just mark the Best BUY and Best SELL levels for a couple of ...

Daily Chart 3-Candle

Thanks, Simone! By the way, which charting package do you use? It looks good. Best wishes, Paul

Daily Chart 3-Candle

Nice short reaction by Cable (GBP/USD) this morning in early London trading, coming back down 54 PIPs off the marked 4-Hour Best SELL Level.

Daily Chart 3-Candle

Cool, thanks Simone! Yes, I'm already using the Bill Williams Fractal indicator on MT4, helps a lot. Thanks for the 190.2% Fibo level tip .. now, that's one Fibo level I am not familiar with at all - I know the usual 127.2, 161.8, 200, 261.8 ...

Daily Chart 3-Candle

Thanks, Simone! And, for the avoidance of doubt, when choosing which Swing High and which Swing Low to consider, we choose : 1. The highest current COMPLETED SWING HIGH. 2. The lowest current COMPLETED SWING LOW. where "COMPLETED" means that the 5 ...

Daily Chart 3-Candle

OK, so the Highest Bullish Bar Low in the 5-bar Swing High structure, do I understand? In which case, have I now marked this correctly in the attached chart, please? And presumably the Lowest Bearish Bar High in a 5-bar Swing Low structure for Best ...

Daily Chart 3-Candle