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- ChowClown replied Sep 1, 2008
Good idea, although you might want to consider holding off live trading altogether until you can devote the extra time again...i've saved a few £ in the past doing this and it's a good way of honing your patience/discipline skills
All the best, ...The DIBS Method... No Free Lunch continues
- ChowClown replied Sep 1, 2008
..stick to your guns. PC commented how important it was to do this through drawdown and of course, with every +ve expectancy strat the same approach applies. Good trading

The DIBS Method... No Free Lunch continues
- ChowClown replied Aug 28, 2008
Seems to be flirting with the previous TL at the moment. EJ has been great to trade off smaller TFs the last couple of sessions whilst waiting for the bigger picture to print
Great thread btw.A,B,C,D - 1,2,3,4 System
- ChowClown replied Aug 16, 2008
Nice work, Dra. Complements the DazFx thread nicely, with the incorporation of TLs. Looking forward to your live calls.
A,B,C,D - 1,2,3,4 System
- ChowClown replied Aug 13, 2008
I trade London and NY sessions mainly. 1am here (UK) now and bed for me. Until tomorrow.
Powerful Fib Based System - by DAZfx
- ChowClown replied Aug 13, 2008
..i usually just hit the "print screen" key on the keyboard to capture the chart. Paste the whole image into MS-Paint and then crop out the chart and save as a .gif file. You can then upload the file using "manage attachments" when you post.
Powerful Fib Based System - by DAZfx
- ChowClown replied Aug 13, 2008
Excellent point, Mike. I use the same approach. I'm not a big fan of scaling out at the FE levels, if i'm honest. I'll take b/e trades all day long if need be
I try to let winners run as long as possible with as much (£) in 'em as ...Powerful Fib Based System - by DAZfx
- ChowClown replied Aug 13, 2008
...which way, Dejan? Stoch look a bit iffy (to me). I'm eyeing up a 15min short 'scalp' there.
Powerful Fib Based System - by DAZfx
- ChowClown replied Aug 13, 2008
Nice one, which pair are you in atm? I'd also be interested to see how you use fibs for targets.
Powerful Fib Based System - by DAZfx
- ChowClown replied Aug 13, 2008
Short now from 8698. I don't think Daz stated 95%...in fact i don't think anyone has posted formal test results to the thread yet.
Powerful Fib Based System - by DAZfx
- ChowClown replied Aug 13, 2008
i use a limit and move it around with the ma.
Powerful Fib Based System - by DAZfx
- ChowClown replied Aug 13, 2008
..sure: 50 = 8646 61.8 = 8623 78.6 = 8591 100 = 8550 ...definitely worth installing metatrader for charting, if you haven't already

Powerful Fib Based System - by DAZfx
- ChowClown replied Aug 13, 2008
Geoff, looks as though a few of us are waiting to pounce on the hrly AU, wait for a pullback to the SMA(5) and fill yer boots. Good hidden divergence on that one too. Good luck.
Powerful Fib Based System - by DAZfx
- ChowClown replied Aug 13, 2008
...looks sweet as a nut, Mike. I'll be taking this one too.
Powerful Fib Based System - by DAZfx
- ChowClown replied Aug 13, 2008
Thanks Dejan. Nice hidden divergence on the stoch too.

Powerful Fib Based System - by DAZfx
- ChowClown replied Aug 13, 2008
Hi Geoffrod, We haven't had DazFx around for sometime, not sure why. It's a great method with 'clean' waves....like any good method, having the patience to wait for the A1 setups to keep the win rate high, has perhaps reduced the interest of those ...
Powerful Fib Based System - by DAZfx
- ChowClown replied Aug 7, 2008
"Well held", DT!....came good in the end. Nice trade.
Powerful Fib Based System - by DAZfx
- ChowClown replied Aug 7, 2008
I took this one, but scratched it @ b/e based on the indecision within the last hour....i needed to see more momentum to hold any longer given proximity of overhead resistance.
Powerful Fib Based System - by DAZfx
- ChowClown replied Aug 7, 2008
Certainly something to bear in mind and wouldn't be surprised to see retracements across the board. As long as the HHs/HLs or LHs/LLs stair steps are maintained, i'm happy to tag along.
Powerful Fib Based System - by DAZfx
- ChowClown replied Aug 7, 2008
Looks another good value zone to add into (this latest uptrend). Hrly IB triggers useful here.
Powerful Fib Based System - by DAZfx