I am trying to send pips to all the traders that use my system. I just need to make it simpler to follow and what cautions to look out for before placing trades.

Phantom5000

Yes, a script would be helpful, one that will let you decide what candle to place your FIBO on and whether or not to trade that session (on/off switch). I am working on a universal FIBO for each pair that will combine the average of the last 14 ...

Phantom5000

What a wonderful morning. 515.7 PIPS in my wheelbarrow this morning! Somedays I can't stop smiling. Happy Pipping All.

Phantom5000

Caution: London Session Sentiment: Not to trade these pairs until we know what the market is gonna do Overbought Zone again possible whipsaw taking out both BSL &SSL EURJPY near Resistance @ 141.000 ---------------------------------------------- ...

Phantom5000

Your template is not correct. See post #1 *FIBO Template: Depending on which way you had drawn your FIBO 120.0 BTP3 100.0 BTP2 76.4 BTP1 65.0 BPO 61.8 SSL 50.0 SESSION OPEN 38.2 BSL 35.0 SPO 23.6 STP1 0.0 STP2 -20.0 STP3

Phantom5000

EURUSD LONDON EURJPY LONDON EURAUD LONDON GBPUSD LONDON GBPJPY LONDON GBPCHF LONDON EURNZD LONDON GBPCAD LONDON GBPCAD LONDON GBPAUD LONDON GBPNZD LONDON GBPUSD NEW YORK EURUSD NEW YORK GBPJPY NEW YORK GBPCAD NEW YORK EURJPY NEW YORK EURAUD NEW YORK ...

Phantom5000

Use this software. It helped me in the beginning. url url As far as Price open. You can open the DATA WINDOW on your MT4 platform, hover your cursor over the candle and it will tell you everything about that candle. image

Phantom5000

Again, as a professional trader, it is very important to look past the Set-N-Forget idea. Using my system is good but not without it's flaws. Consider the following when placing trades. CAUTIONS: RESISTANCE AREAS SUPPORT AREAS RETRACEMENTS TREND IS ...

Phantom5000

Hi Pete, EURUSD is not one of my favorite pairs to trade with in London Session. I studied the chart and noticed it was opening the market under a Resistance @ 1.12615 from date 5/22/2015. Another Resistance was near @ 1.12849 from two Sessions ago. ...

Phantom5000

OUCH!!! New York Session did a number on us. My MT4 platform was not fast enough. It opened pending order late because market jumped so fast and then my stoploss hit when price quickly retraced. Then price continued. What should of been a big win ...

Phantom5000

GBPNZD 27.0 GBP/CHF 12 EUR/USD 26.5 EUR/USD 26.6 EUR/JPY 29.9 EUR/JPY 24.9 GBP/CAD 7.5 **** GBP/CAD -57.6 EUR/AUD 13.2 EUR/AUD 31.2 EUR/AUD 30.3 EUR/AUD 33.1 EUR/AUD 31.5 EUR/AUD 5.5 GBP/AUD 7.8 EUR/NZD 7.5 -------------------- TOTAL Today for ...

Phantom5000

I will use POST #1 for updates & information on this system. Administrative Note: If you are having problems with high volatility and high spread at the opening of the markets hitting your stoploss, then this may help to fine tune the system. On the ...

Phantom5000

Yes I did, I am happy with 300 pips. Closed all profits early. Gonna rest for a few hours till New York. Happy Pipping.

Phantom5000

LONDON RESULTS THIS MORNING: GBPCAD 2.0 PIPS 12.4 GBPUSD 20.7 PIPS 1.0 PIP GBPCHF 5.0 PIPS 1.0 PIP EURUSD 52.5 PIPS 29.3 PIPS EURJPY 49.8 PIPS 28.2 PIPS EURNZD 7.9 PIPS 19.1 PIPS EURAUD 42.0 PIPS 60.0 PIPS --------------- TOTAL 14 WINS 0 LOSSES= 330 ...

Phantom5000

And BOOM!!! Success 2 wins image 42pips BTP1 60pips Trailing BTP2 -------------------- total 92 pips this morning live account oOOPS, I just noticed I placed my pending orders on the wrong line. Well a win is a win. You get the idea.

Phantom5000

This morning example trades to place: FIBO PARAMETERS: EURAUD Using 23 hour previous session not 11 hour: 1.47223 1.43956 DROP 1st pending buystop 0.01 on BPO DROP 2nd pending buystop 0.01 on BPO DROP 1st pending sellstop 0.01 on SPO DROP 2nd ...

Phantom5000

It is tedious, for sure. London Session: First I draw the FIBO on each chart anytime during the day. (Takes me 1 minutes for 10 charts) Second I drop pending orders (x2 buy & x2 sell) well above the PA on each chart about 5 minutes prior to market ...

Phantom5000

As a trader you have to have more than set-in-forget. If the previous session is too tight, it is a good idea to use the entire last session to widen your FIBO so you don't hit your stoplosses to fast. Look for Support and Resistance that will mess ...

Phantom5000

Somebody bring over another wheelbarrow cause mine has overflowed today. Trading done for today. Gonna go fishing. euraud pips 43.7 41.7 70.8 38.7 eurchf pips 6.4 eurjpy pips 56.0 30.0 eurusd pips 43.0 22.0 gbpusd pips ...

Phantom5000

Here you go. My simple system that works. Place all indicators in the indicator folder first. Restart MT4 or right click on indicator list and hit refresh so they show up. Open up EURAUD H1 chart and apply this template. This way you will see the ...

Phantom5000