thread: Dynamic Fibonacci Grid - interactive trading

Today Trades Kind of took the tendency change throughout the day. First trade USDCAD 28. Secondly AUDJPY 15. Third USDCAD, lost 8 wrong stop? . image image image image image image image

CAn you post more illuions? They are very helpful! Thank you!

Hello everybothy

I am new here and surching for a good program for Forex trading. The Dynamic Fibonacci liks very interresting. Can anybody help me to find good appliions for trading Forexpairs. I've seen the colums over with lines and timeframes ?? Can anybody assist me. I've been looking around and the most off the company are broken or neglect t reply anymore???

Best regards

Peter Hennes

Tonight's transactions

Correction on USDCAD, my target was L1 @ 1M, I have stopped at BE.

Bounce on USDJPY 5m, I'd depart 1.2 because news were coming in 10minutes, do not wanna gamble. (even tho price went to my target I don't care.)

quote CAn you post more examples? They're very valuable! Thank you for sharing!

Yeah I can, but you should share too.

Even losing trades are good examples to learn from, provided that you understand from them.

Now's Trades

Correction USDCAD, I did not exit on the very first time that I met the L1 @ 1M I believed I am on the right side. Exit after it attained L1 the price went higher, so what do we do at this circumstance?

1. Acknowledge by a few parameters which you're on the right side and you're willing to risk the trade for the cake? (Greed)
2. Divide the trade into two positions, 1 you take out at your goal and one push the limits? (Stress)
3. Maybe the goal should be comparative to the DailyRange or the candle motion.
4. Perhaps accumulate consistent profits of 10 pips.

I do not like to set constant parameters for exit/entry on trading, since it wont last eternal.

We need a collection of dynamic parameters to understand if the correction is occurring and if so, where to exit?

I entered right after the 2PM news! I entered twice with 10 pips each entrance.

I entered directly after the 2PM news! I entered twice with 10 pips each entry. image

I know it's EURUSD.

I see you took a correction, looks fine.

Where did you depart?

What do you mean 10 pips every entry?

quote I understand it is EURUSD. I see you chose a correction, looks nice. Where did you exit? What do you mean 10 pips each entrance?

Yes, EURUSD. I entered twice in precisely the same spot on the Fibo lines. I caught 10 quick pips on each entry. It finally went on 1M to L1. Didn't hold it.

a few minutes prior to Tokyo open. Waiting to see if we break out of this channel to get a buy.

a couple of minutes before Tokyo open. Waiting to see if we split from this channel to get a buy. image

A hour after, I'm still not entering and happy I waited. Since you can observe the price reversed and isn't just still in the 1m impartial range (yellow area), but now a neutral range is constructing on the 5m.