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JoshDance replied May 25, 2007SpudFyre, how is the activity in your experience during the 7-midnight hours versus the 6-noon hours? I'm looking to establish some solid trading hours and those were two of my options--what is your opinion?
Spud's MTF FIB Breakout System
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JoshDance replied May 25, 2007We all would--unfortunately the realism factor as rated by c2 on this is in the 60's--not good at all. TeamAphid has a system on c2 that has done quite well so far, has a beautiful equity curve, and has a realism factor of 100--in other words, it ...
Spud's MTF FIB Breakout System
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JoshDance replied May 25, 2007Sorry, I meant to say that the numbers I gave were ratios, not the actual numbers in the integer sequence. My point was that .786 or .764 are not fib ratios.
Spud's MTF FIB Breakout System
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JoshDance replied May 24, 2007Well that's because 1.61, 2.61, and 4.23 are all fib ratios, whereas the others are not fibonacci ratios. Same for the common .786 ratio seen--it's created by people for use, it's not a fibonacci ratio. But the fact that so many people use these ...
4 Hour Strategy (MACD)
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JoshDance replied May 24, 2007Well, actually 78.6 is not a fib number either. .236, .318, .618 are the actual fib numbers, and .5 and .786 are used anyway. But lots of traders use it. I'd say I've seen more traders use 78.6 versus 76.4, which is what matters. But they're pretty ...
Spud's MTF FIB Breakout System
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JoshDance replied May 24, 2007Error in indicator!!!! — There is a problem with the MTF_Stochastic indicator. See the attached chart. The bottom stoch is a true 30M stoch on a 30M chart. This is what it should look like. The top stoch is from the posted indicator. See how ...
Spud's MTF FIB Breakout System
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JoshDance replied May 24, 2007BB, right now I've been looking at SpudFyre's Fib/Stoch trading methods, and one of the methods he uses to exit a trade is when a 14,3,3 main stoch line crosses back into non-overbought/sold territory (so for example, on a long, when it goes below ...
The Daily Fozzy Method
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JoshDance replied May 24, 2007Just so no one's confused like I was (questioning my indicator lol), Beach posted an image of EURJPY, whereas Tiki was talking about USDJPY... I got worried there for a few minutes :-)
The Daily Fozzy Method
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JoshDance replied May 24, 2007ATR Pips indicator — Here's a little contribution I just threw together for some of you that might find it useful. It's nothing special, and there are probably already about 100 of them out there... ;-) It's a little indicator that reports in ...
The Daily Fozzy Method
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JoshDance replied May 23, 2007I think I am going to short this too alcastro--only two things make me a little cautious.... 1) The "Rule of 3" ... this will make the fourth bounce off the top of the down channel... and as we know, the 4th or 5th testing of a trendline is usually ...
4 Hour Strategy (MACD)
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JoshDance replied May 23, 2007I use Alpari UK. Unlimited demo (to my knowledge), no sunday candle, and TZ is GMT+1.
The Daily Fozzy Method
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JoshDance replied May 23, 2007Spud, thanks so much for this system--I'm super excited about it and have been backtesting some today, and look forward to testing this in the coming weeks! So from what I've gathered, we have two types of trades: 1) Breakout trade--when price ...
Spud's MTF FIB Breakout System
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JoshDance replied May 23, 2007Google mt4 bbsqueeze -- doesn't get any easier.
The Daily Fozzy Method
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JoshDance replied May 22, 2007Uh, are you saying that those of us on the forum right now are "living the life" as opposed to TV watchers? (sorry, didn't get what you're saying)... I don't know about you, but hopefully this "idiot box" I'm watching this minute will facilitate me ...
The Daily Fozzy Method
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JoshDance replied May 19, 2007Billser, nice trades! I have a question though. On trades like 5/7, AUDUSD, on my charts (Alpari UK), I don't have an RSI cross at the end of 5/7, but only at the end of 5/8. Ditto for GBPCHF, and most of your other trades (on that day at least). So ...
FOZZY Method CROSSES
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JoshDance replied May 18, 2007Chris, check out the very first sentence on page 5 and page 7 of the original PDF. These levels determine significance of the pattern. If a RT forms under the 15 level, it has less of a significance than if it forms at a higher level, etc.
4 Hour Strategy (MACD)
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JoshDance replied May 16, 2007Thanks for the heads-up edashan! I'm going to monitor this on my account but I don't think I'm going to take the trade, as I'm not going to follow this system as mechanically as it was intended. The pretty highly tested R area at 239.67 makes me ...
pabloski System
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JoshDance replied May 15, 2007Be afraid of the upper resistance. I'd wait for a break before going long there. And even then, I'd wait for the pullback to the line first.
4 Hour Strategy (MACD)
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JoshDance replied May 15, 2007BIL, welcome to the forums, and we're all here to help! Just keep in mind that this thread is already 4500 posts long, and it's a lot to sort through, so a lot of what you're looking for can be found much more quickly by searching. For example, ...
4 Hour Strategy (MACD)