MT4 Fibonacci Retracement Tool - the hard way! — OK! We have tried it the easy way - now let's do it the hard way: DO THIS: Draw anywhere on any of your charts a Fibonacci Retracement study > select it, by double clicking it > right click > ...

Fibonacci insights

Practical application II — I have put together some more live samples with regards to Fib-clusters and ' opposite Fibs '. Coming up shortly. In the mean time I'm attaching my clock/range indicator, (it's actually an EA so it goes in the ...

Fibonacci insights

...yes you are so right, — there is no Fibonacci, it's all a myth and has been put together by some crazy mathematician years ago, this fellow had no idea what he was talking about! OK. Let's call this stuff instead, just: random line ...

Fibonacci insights

Grand Re-Open of the thread! — Greetings folks! This thread is open again, and any V-filter has been removed ; please, if you do have any questions or comments, now is the time to ask! The reason for re-opening this thread is, because I have ...

Fibonacci insights

Post #40 — This thread is considered closed now. Wishing you well and good luck in your trading! EDIT: Added Fib-Cluster examples in post #40.

Fibonacci insights

Fib-Clusters — OK. Big price swings as shown in Fig. A and Fig. 1; draw another opposite (Live)-Fib as shown in Fig. 1.1 {plot a Fib in the opposite direction} -(the logic behind this being - something like this: on a big price move all orders ...

Fibonacci insights

...you're not ready - YET — ...you know 'you are there' if your are no longer dithering and dathering 'if you are there'. Either you are confident within yourself that you can do it - or you are not. Noone and nothing will guarantee your ...

You know you are a trader when.....? (Serious answers please)

Chaos vs. Opportunity — Cable M1 - up Fib

Fibonacci insights

How to.... — A word about the text labels used on the corresponding Fib levels: There are so many levels - 32 of them actually - I could have just labeled them level I, II, III etc. etc. but that's not what I had in mind when creating this. I ...

Fibonacci insights

Question: How to draw the initial (first) Fib? — Thank you for your questions. I do not use EW's per se. It makes matters to complicated, and there is really no need for that (Elliottitians out there, please don't shoot me for saying that! ...

Fibonacci insights

EURUSD M1 - down fib — M1 - fiber

Fibonacci insights

EURUSD Daily - down fib — >

Fibonacci insights

EURUSD H1 - down fib — >

Fibonacci insights

Cable H1 - down fib — This is now a live ' down-Fib ' - meaning: we will keep adjusting the tool downwards in case if price will make new lows. If no new lows were made, the swing will ' get sealed ' and as you know by now - to only touch and ...

Fibonacci insights

Cable H1 — This was an ' up-Fib ' - we now draw and swap the fib tool around onto the last wave which is going to be a ' down-Fib ' now. (We plot the Fib tool onto the very wave that was responsible of reaching the 38.2 projection level, which ...

Fibonacci insights

...just a word about the presentation: — I will for the future postings use new and up to date live charts, because it might have been a bit confusing for some of you when trying to understand all of this material while looking at ' old charts ...

Fibonacci insights

End of presentation — ...indicator and Fib Tool settings to follow shortly! My best. EDIT: Done! You will find them in post #1

Fibonacci insights

NOW: no further adjusting of the Fib tool... — ...as this ' live-Fib ' is now closed as this wave count is finished - this is shown by the swing zig zag indicator having drawn a zig - this wave is so to speak sealed. The only time we start ...

Fibonacci insights

and again...

Fibonacci insights

keep adjusting the Fib downwards.

Fibonacci insights