Dynamic Fibonacci Grid - interactive trading -
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thread: Dynamic Fibonacci Grid - interactive trading

  1. #11
    Junior Member javiiisanchwz22's Avatar
    21
    I tried only 1 brief position together with the grid usdchf today, 5 pips stop and ended up using 5 profit. Itry to spot them and'm still studying setups. I think I saw a H1 bounce commerce developing (do not remember where maybe eurgbp) but I needed to go and do not understand how it ended.

    Was that a legit entry on m1 boxes two pillar fibo? Tight stop beyond fibo confluence and entry boxes is OK or too tight and risky? From the setups they discuss prevent only winners are seen by you. .
    Is there a way to tell from the grid if a degree has already been analyzed recently or if price is making new high/lows without watching the charts?

  2. #12
    Member Ranti's Avatar
    42
    I tried only 1 short position with the grid on usdchf now, 5 pips stop and ended up with 5 profit. I'm still analyzing setups and try to spot them on grid. I think I saw a H1 bounce commerce developing (do not recall where maybe eurgbp) but I needed to go and do not understand how it ended. picture Was that a fictitious entry on m1 boxes 2 pillar fibo? Tight stop beyond entry boxes and fibo confluence is OK or overly tight and risky? In the movie setups they rarely talk about stop just winners are seen by you. . Can there be a way to tell from the grid if a degree has...
    Yes the USDCHF setup in your screenshot seems Ok. Bear in mind that the 1m entry is the riskiest. So it is good for you to use tight stop. Since when the price breaks the 1m L2 , there's absolutely no point to hold the transaction. Keep the leaves little! You may re input at greater price. In this case if it goes up, you have minute entry that is legal 5.
    During trends, 5 minute entrances generally are safer but you do not get them very often.
    About quits.... For the top 10 major pairs, your maximum Stop loss should be no more than 15 pips. Regardless of the installation. I personally utilize 15 pips initial hard cease, and about 6-10 pips tender(mental) stop. I try to maintain my average losing trade as little as possible. (currently it is about 7 pips)

  3. #13
    Junior Member juanferblazforex's Avatar
    21
    Hi Alpha,

    Great setup again on Eur/Usd like yours Moved in to Get a 20.

    KC.

  4. #14
    Junior Member juanferblazforex's Avatar
    21
    We might get one more buy on Nzd/Usd...

  5. #15
    Junior Member javiiisanchwz22's Avatar
    21
    same on EUR right now (same for usdjpy usdcad nzdu and others):

    But I wonder is it ok to scalp at heavy overbought from m1 box?
    If you examine chart is buyng and promoting very high or very low (euru, usdjpy, ucad...)
    How do we tell in the grid at which we are in price? Only from fibo shade that is blue? Because from grid we see that we are in blue on H1

  6. #16
    Junior Member javiiisanchwz22's Avatar
    21
    this is extreme risky scalp selling the cheapest low at support (but I couldn't tell without viewing chart) . I input because for studying, of grid signal, let us see if give few pips.

    Edit: ceased -4 pips didn't hold

  7. #17
    Junior Member javiiisanchwz22's Avatar
    21
    Same on Eur I anticipate stopped out.

    Edit: bailed out in BE 0
    Edit 2: It might have worked out very well.

  8. #18
    Junior Member juanferblazforex's Avatar
    21
    On Nzd/Usd again for the 4th time today.

    Going for a 10-20 Pips.

    Took the identical kind with Nzd/Jpy so far 11.

  9. #19
    Junior Member juanferblazforex's Avatar
    21
    Cable was excellent example for fashion trade today. We had at least 3 great entrance signals today with entrance points, And even now, after europe is shut, cable still trying to push higher. Additionally in NZD USD we had some signs that are great. In total, In these two pairs we had at least 10 buy signals and 100% hit rate today. Unfortunately I had been away from my desk today....but still I managed to grab rapid 11 pips in cable at the close of the session. image
    Hello Alpha,

    From your posting. . I think I have the idea of entering a transaction.

    I have few queries.

    When it moves against you, where will be your stop.

    What type of exit egy you've got for this particular trade.

    Thanks.
    KC.

  10. #20
    Member Ranti's Avatar
    42
    quote Hi Alpha, From your posting.. I think I have the notion of entering a trade. I have few queries. Where will become your stop, if it goes against you. What type of exit egy you've got for this trade. Thanks. KC.
    I'm apartment today! I really don't have positions currently. This notion was for the current day. If I have some longer term prejudice, in terms of trading, I look at every day as separate occasion. Every new day = blank slate, new opportunities....
    In terms of cable (and euro), it looks like it needs to go more up than down. NZD appears strong. When london opens, I'm looking for signs that are extended, at least until we get strong reversal signal.
    For stops, as I said, my greatest stop in almost any commerce is 15 pips , irrespective of the commerce setup.

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