If i were trading DazFx on GU daily, i'd want to see if today's close crossed the stoch(8,3,3). If it does, i'd then wait for a better short entry around the SMA(5). I don't trade the daily TF, so this is just an off the top of my head suggestion

Powerful Fib Based System - by DAZfx

A sweet trade...i saw it when i woke this am, which was a few hrs too late Thankfully there are usually several setups to choose from across the pairs/crosses each day....so there's always a 'next time'.

Powerful Fib Based System - by DAZfx

EU?

Powerful Fib Based System - by DAZfx

Daz longs now void. Maybe the higher timeframe trend bias will push this down much further in the next week or so.

Powerful Fib Based System - by DAZfx

Looks a nice clean chart for a long to set up from, some way to go yet of course, but it's the best contender on my watchlist atm. Several hours to go perhaps before considering an entry.....pace quickening, maybe not so long to wait.

Powerful Fib Based System - by DAZfx

Thanks - flat now from the break south of the recent hrly inside candle. Looks like it may reset for another Daz long, perhaps not until early next week now though. Wish i'd got into trading during my student days

Powerful Fib Based System - by DAZfx

Interesting analysis DS, i'm biased short from the daily/weekly chart at the moment and will be watching the GU hrly Daz setup closely now, as it approaches it's fib decision zone, for a potential short....it's got a fair bit to do yet though before ...

Powerful Fib Based System - by DAZfx

thanks for the encouragement, Rob. ...i'm monitoring GU, EU, UC, UJ, UCAD, EG, AU, EJ & GJ. Eyes being trained constantly to pick likely swing points, but nothing that promising short term, as far as I can see. Missed the EJ long, as the entry ...

Powerful Fib Based System - by DAZfx

3rd target @ FE 78.6 hit (7902) 2 further tgts, FE100 @7927 and the 38.2 extension of the AB move @7943.

Powerful Fib Based System - by DAZfx

Still in EG. Came within a couple of pips of the 3rd target. I've moved stops up now to lock in some profit on the final tranche...high prob of rejection here i suppose.

Powerful Fib Based System - by DAZfx

Your GU analysis playing out nicely, great trade. I trade an auto strat using GU that enters off the 4hr, i switched the short 'engine' on a couple of days ago from the weekly/daily trend shift. I find the weekly stoch 5,3,3 indicates long/short ...

Powerful Fib Based System - by DAZfx

Morning, yes i noticed UJ on the 4hr as a potential short today. I'm still long EG from yesterday. 2 lots now closed (at FE 50 & 61.8) and the remainder at b/e.

Powerful Fib Based System - by DAZfx

No worries - order wasn't filled and i cancelled on the break down.

Powerful Fib Based System - by DAZfx

Interesting to note that USD/CAD has set up (Daz style) from it's 2 day swing highs/lows. GBP/USD looks to be moving along the same lines atm.

Powerful Fib Based System - by DAZfx

...i think the confusion here arose from someone who posted which pairs he/she traded, thinking the question was directed at them, not yourself (Dazfx)....hmm that reads well, have another beer.

Powerful Fib Based System - by DAZfx

I've a 'light' order in 2 pips (+ spread) above the inside hrly, to test a long from these levels, which isn't too far away from the 5SMA. Stoch beginning to hook.

Powerful Fib Based System - by DAZfx

..if you're using MT4 for charting, this is a Daz template i'm currently using. Might help you with the fib targets etc. Delete/ignore the MA's, as they're not part of Daz's method.

Powerful Fib Based System - by DAZfx

...and in the process of resetting again now (around the 61.8-78.6 zone of today's intraday fib), for the next leg up perhaps.

Powerful Fib Based System - by DAZfx

...might make up for the roasting it gave me earlier

Powerful Fib Based System - by DAZfx

...closed 12 pips higher on mine, plus i may have pulled the fib differently. UJ 78.6 level @ 99.86 on my chart. 12-1pm candle closing at 99.98.

Powerful Fib Based System - by DAZfx