Hi Gulzaar, Do you normally use limit orders or wait for confirmation ?.I thnk this method would probably work on a 30 min 5 min multi-frame strategy also.I'll be watching your blog.Have a good weekend. Tex

Gulzaar's Forex System

Solid — Hi Gulzaar, I'll try this method out. Looks very intersting. Have you had good luck using this method so for ? Tex

Gulzaar's Forex System

Looking forward to it Tunji.. Looks like we have news coming out later also.

Hourly Fibonacci Method (Day Trading)

eur/usd — 61 and 38 confluence, weekly S1 pivot at 4103 Daily R1 pivot 1.4110 - I'm hoping it will continue down. image

Hourly Fibonacci Method (Day Trading)

I sure will tunji when i get some time.I'm in the positive on 3 pairs so for. Tex

Hourly Fibonacci Method (Day Trading)

Thanks — Good article Tunji and thanks. I see a small lower swing high on the 15 min chart on the usd/chf at the 38.2 fib - if this plays out to the downside this should put us right around the weekly pivot,and if it goes to the 161.8 level it ...

Hourly Fibonacci Method (Day Trading)

Sure is Tunji and good observation - that is very unusual .Maybe that is a sign of good luck

Hourly Fibonacci Method (Day Trading)

Hi Tunji, Thanks for the compliment. Your are exactly right 1 pip higher on stop loss and would have still been in. Anyway there will be more trades .I just don't won't to risk too much with these markets like they are. I was expecting this to run ...

Hourly Fibonacci Method (Day Trading)

Closed one position 18 pips.the other took me out - so all in all -2 pips . The way the ball bounces and the markets we are contending with now. Tex

Hourly Fibonacci Method (Day Trading)

image We may have to be careful here with 61 -38 with trendline on 4hr chart.

Hourly Fibonacci Method (Day Trading)

usd/jpy — image Broke the daily low and 4hr swing low - my limit was is at 94.50(61.8 of the last swing down on the 1 hr chart) Brought my stop down from 94.80 to 94.70. with 2 positions with 6 pips in profit so for. will see how it goes .My ...

Hourly Fibonacci Method (Day Trading)

I guess it would be good to mention the pair - usd/jpy

Hourly Fibonacci Method (Day Trading)

Hi Tunji,Right now i see we have daily and monthly pivot fairly close (93.99 and 94.23) so lets see if this pair will go down.Have a good night. Tex

Hourly Fibonacci Method (Day Trading)

Hi Tunji,You sure did and thanks a lot.I need to start watching more closely on the pivot highs and lows with 2 candles on each side of the middle -that is very important. I'm looking at the aud/cad on demo just for practice learning this technique. ...

Hourly Fibonacci Method (Day Trading)

Hi Tunji, Are you reffering to the swing high around the 93.92 area ? I was taking the swing high to left in consideration also which is the 94.50 area and the 4 hr chart swing high to the left. The dow looked like it was going up this morning but ...

Hourly Fibonacci Method (Day Trading)

Excuse me.94.50 buy limit not 94.40.SL 94.30 Tex

Hourly Fibonacci Method (Day Trading)

usd/jpy — The u/j pair is looking pretty good right now.The blue lines are the hourly and 4 hr swing highs.This is the 15 min chart.Buy limit 94.40 from the last swing low and divergence on the 15 min chart. image

Hourly Fibonacci Method (Day Trading)

I see the 4 majors . Tex

Hourly Fibonacci Method (Day Trading)

Good thread tunji . What pairs do you trade ?

Hourly Fibonacci Method (Day Trading)

Excellent trading Aj. You have my attention.

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