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Fibs strength developing method
Started Jan 7, 2011|Trading Journals|21 replies
I will be using different color fibs to find strong support or resistance. The bigger the ...
usdcad it's in the profit zone — usdcad in the profit zone image
usdcad small setup — lower level appears to hold image added stronger fib to the setup: image image
eurusd — Only one strong level below the weak level. Very risky but went into the profit zone. image
usdjpy — image image 261.8 appears to hold.
example using fib levels only — image image second picture lower tf
I will be using different color fibs to find strong support or resistance. The bigger the ...
I've been trying the Trix for a few days. I am going to try the Trix in confluence with S/Rs like fibs, trendlines, timing, etc Constin
Combination grid — A combination between post#2, post#3 and standard grids show the area between:377 and 4.236 to be the strongest: image
Fibs and round numbers method — Place "0" fib on the high of the bar and 100 fib on "20" round number: image
fibs placed on open,close of the bars — image image Both fibs toghether: image