*Wait for Pinbar candlestick comfirmation as entry signal. For intraday trading: use M5/M15/M30/H1. Fib-R: use 50% to 60%.

My Trading Strategy 1- Fibo Confluence

M15 Bearish pin bar cut @Prev Daily High~ Sell signal:

(binned per thread starter’s request) Daily Open, Hi/Lo Trading

(*4/4/2013) From today onwards i will focus on other trading method(s), that give 70% or more striking rate(accuracy).

My Trading Strategy 1- Fibo Confluence

Early this year i did write (in my other thread) that i have found my key Fibo-R level:50% (now i use only this FR level) You can try it out :-)

My Trading Strategy 1- Fibo Confluence

Hi gristar, i applied to become a Commercial Member in FF. Once approved(can be anytime) i won't be able to use private message service. Correspondent through email(as stated in my personal profile) is ok.

My Trading Strategy 1- Fibo Confluence

*Edited: 31/3/2013 Note: I no longer use pending limit order for fibo & all type of 'level' entry(s), now normally i use my custom made EA for that purpose.

My Trading Strategy 1- Fibo Confluence

Tq. I'm still considering how to proceed and what should i post.. I have decided in future i probably won't post in detail the type of market, which pair and the exact condition how i make an entry Although i might share more about concept of ...

(binned per thread starter’s request) Daily Open, Hi/Lo Trading

I have applied to become a Commercial Member in FF Waiting for this thread to be shifted there as well..

The 3 Elements of a Successful Trader

Assume that a trader's account is 100,000 dollar, gaining 10% return per month => 10k Now if he manage a 10 million dollar fund, just 1% return per month will make => 100k Instead, every aspiring trader should work on becoming a fund manager.

The 3 Elements of a Successful Trader

Hi you can try out the script below, although it's called daily HL there are many levels inside~ prev week hi lo, prev mth hi lo.. But i normally draw my last 5 days hi lo by manually instead. Free download script:

(binned per thread starter’s request) Daily Open, Hi/Lo Trading

It's a simple math: Assume that a trader's account is 100,000 dollar, gaining 10% return per month => 10k Now if he manage a 10 million dollar fund, just 1% return per month will make => 100k Instead, every aspiring trader should work on becoming a ...

Ramblings of a Forex Junkie

Wish you the same, Acetrader

(binned per thread starter’s request) Daily Open, Hi/Lo Trading

That is a great thread. Seneca's Open Level is GMT5:00, actually either 00:00 or 05:00 can be utilised.

(binned per thread starter’s request) Daily Open, Hi/Lo Trading

Yes, there are similarities but for this method we only need 3/4 lines(more simple) and all the levels are Objective.

(binned per thread starter’s request) Daily Open, Hi/Lo Trading

Example, price hit last 5 days lowest level(Support), M15 white pin bar cut the line(additional confirmation) ~ buy signal:

(binned per thread starter’s request) Daily Open, Hi/Lo Trading

This is a Loser mentality, in reality No Real Winner will think & act like that.

The 3 Elements of a Successful Trader

There is a popular concept of using RRR 1:2 or 1:3, so even if your winning rate is 30 to 40% you will still profitable... ~Works only in Theory but not in Reality. I can tell that in actuality most highly successful traders hate losing money, and ...

The 3 Elements of a Successful Trader

Anyone wish to create an (auto/semi-auto)EA can give me a PM

The 3 Elements of a Successful Trader

Useful script for Free Download:

The 3 Elements of a Successful Trader