I am going to let this confirmation candle play out as per the system. Even if this goes down, I have faith in the 5SMA, hopefully, it will get me into this move.

Powerful Fib Based System - by DAZfx

we have an outside bar.

Powerful Fib Based System - by DAZfx

If this isn't bearish anymore, I will eat this post.

Powerful Fib Based System - by DAZfx

Well spotted. Hidden Bearish Divergence (trend continuation) as well.

Powerful Fib Based System - by DAZfx

EJ has kissed us goodbye!! if this continues, EJ longterm trend might become bullish.

Powerful Fib Based System - by DAZfx

Haven't tried 30mins, but on 15mins, there are loads of setups, but the success rate decreases.

Powerful Fib Based System - by DAZfx

Ofcourse. Still not ready.

Powerful Fib Based System - by DAZfx

EJ short anyone?? See the setup? GU should be put on the radar as well.

Powerful Fib Based System - by DAZfx

GOlfer, can i please join you on skype? I read all the rules you have produced, and did quite well on demo. But now that I have made the transition to live, I am feeling a bit nervous. Is there any chance I can join your skype group and get into a ...

5Min Intraday System

Bro, I am pretty sure you should have taken your first lot off at FE50. Second @ 61.8 and third @ 78.6. Because your first target is way higher than Stop loss, so you exit your first position at FE50.

Powerful Fib Based System - by DAZfx

Bro, it can sometimes be FE50, 61.8 and 78.6!! I think, if you have made a decent profit (compared to how much you risked), then you take out one position at FE50.

Powerful Fib Based System - by DAZfx

Wow, he is right!! I just called him (from UK) and he answered the phone I think I drove him mad, and he hung up on me.

Forex Signals, to Follow or Not (Pipsnipers) ...

Naija, I was looking at this chart.

Powerful Fib Based System - by DAZfx

Hey PID Look on the daily chart. You see nice 61.8 retrace (Doji candle) signaling a short based on this setup. Stoch is hooking down. Confirmation candle is a nice bear candle, but 5MA is somewhere at the 2.0000 level. So maybe that will be a good ...

Powerful Fib Based System - by DAZfx

I am saying, its best to follow a system as it comes. So, according to the rules: 61.8 and 78.6 retrace only. Just MHO

Powerful Fib Based System - by DAZfx

Yes you got most of it right. But the retracements should only be 61.8 or 78.6 . If you put SL on a 50 retrace setup, you might get hit more often (like on your chart, when the candle almost touched).

Powerful Fib Based System - by DAZfx

Yeah the best community is a free one. As soon as you have money involved, people show their true colours.

Forex Signals, to Follow or Not (Pipsnipers) ...

I know how to find out.

Forex Signals, to Follow or Not (Pipsnipers) ...

I think the downside momentum looks too strong. Maybe its best to start Monday. I took an EJ long early based on this system, and it worked like a charm!! I love the low Risk High Reward trade setups this system gives. Simply awesome!!!

Powerful Fib Based System - by DAZfx

Mate, is this the thanks I get for trying to look out for newbies like you? I am only here for the sheer entertainment factor and nothing else. I tried Pipsnipers room for a few days during its free period, and I just don't like their style of ...

Forex Signals, to Follow or Not (Pipsnipers) ...