Comments on: My Forex Fibonacci Trading System http://www.forexindicator.org/my-forex-fibonacci-trading-system.html Best Online Forex Indicator Guide Tue, 31 Jan 2012 06:01:15 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Lenna http://www.forexindicator.org/my-forex-fibonacci-trading-system.html/comment-page-1#comment-7124 Lenna Fri, 30 Dec 2011 20:37:36 +0000 http://www.forexindicator.org/my-forex-fibonacci-trading-system.html#comment-7124 Your answer lifts the intelligence of the debate. Your answer lifts the intelligence of the debate.

]]> By: Kelvin http://www.forexindicator.org/my-forex-fibonacci-trading-system.html/comment-page-1#comment-4803 Kelvin Sat, 06 Aug 2011 03:22:07 +0000 http://www.forexindicator.org/my-forex-fibonacci-trading-system.html#comment-4803 Hi Jay The setting are simple default setting MACD (12,26,9) Stochastic (5, 3, 3) Hi Jay

The setting are simple default setting

MACD (12,26,9)
Stochastic (5, 3, 3)

]]> By: Jay http://www.forexindicator.org/my-forex-fibonacci-trading-system.html/comment-page-1#comment-4785 Jay Thu, 04 Aug 2011 03:54:49 +0000 http://www.forexindicator.org/my-forex-fibonacci-trading-system.html#comment-4785 Hi Kelvin, What are the parameters for the macd and stochastics? Thanks. Hi Kelvin,
What are the parameters for the macd and stochastics?
Thanks.

]]> By: Richard http://www.forexindicator.org/my-forex-fibonacci-trading-system.html/comment-page-1#comment-2643 Richard Wed, 19 Jan 2011 17:30:08 +0000 http://www.forexindicator.org/my-forex-fibonacci-trading-system.html#comment-2643 Hi Kelvin,great work you have there.Pls what is the settings of the above indicator(Stochs and mac d).Thanks Hi Kelvin,great work you have there.Pls what is the settings of the above indicator(Stochs and mac d).Thanks

]]> By: Kelvin http://www.forexindicator.org/my-forex-fibonacci-trading-system.html/comment-page-1#comment-2314 Kelvin Tue, 21 Dec 2010 10:20:53 +0000 http://www.forexindicator.org/my-forex-fibonacci-trading-system.html#comment-2314 Hi Glenn I understand your point. Your 38.2 level is actually my 61.8 level. Your 38.2 level is telling you that the market is retrace by 38.2% and my 61.8 level is telling me that the price is now at 61.8% of the full swing. In fact, there are the same thing but that is how the Fibonacci level on my trading platform works. If I pull it the way you suggest, my extension will not be on the right side. Really grateful that you bring this up as I believe that it does help to clarify things up for those who are also confused. Hi Glenn

I understand your point. Your 38.2 level is actually my 61.8 level. Your 38.2 level is telling you that the market is retrace by 38.2% and my 61.8 level is telling me that the price is now at 61.8% of the full swing. In fact, there are the same thing but that is how the Fibonacci level on my trading platform works.

If I pull it the way you suggest, my extension will not be on the right side.

Really grateful that you bring this up as I believe that it does help to clarify things up for those who are also confused.

]]> By: Glenn M http://www.forexindicator.org/my-forex-fibonacci-trading-system.html/comment-page-1#comment-2298 Glenn M Sun, 19 Dec 2010 20:48:56 +0000 http://www.forexindicator.org/my-forex-fibonacci-trading-system.html#comment-2298 Hi Kelvin, Thanks for the lessons that you provide. Regarding the way that you set the fib levels, I still believe that you are pulling the lines backwards. The lines should be started at the beginning of the move and pulled to the end of the move. This results in the retrace first hitting the 38.2 level, then the 50% retrace, followed by the 61.8% level. It doesn't make since that a retrace of the move first hits the 61.8% retrace of that move. In any case, trading fib reverses with secondary confirmation has been a very profitable strategy. Again, thanks. Hi Kelvin,

Thanks for the lessons that you provide. Regarding the way that you set the fib levels, I still believe that you are pulling the lines backwards. The lines should be started at the beginning of the move and pulled to the end of the move. This results in the retrace first hitting the 38.2 level, then the 50% retrace, followed by the 61.8% level. It doesn’t make since that a retrace of the move first hits the 61.8% retrace of that move. In any case, trading fib reverses with secondary confirmation has been a very profitable strategy. Again, thanks.

]]> By: sani http://www.forexindicator.org/my-forex-fibonacci-trading-system.html/comment-page-1#comment-2142 sani Sun, 28 Nov 2010 07:59:46 +0000 http://www.forexindicator.org/my-forex-fibonacci-trading-system.html#comment-2142 Hi kelvin.thanks very much for ur help. You had gave me a lot of valuable knowledge in forex. im a new trader and a losser but now im more confident to trade. Im gaining profit using demo account but now i will continue to see the progress and wait until one month and see how much i gain. Regards, Sani Hi kelvin.thanks very much for ur help. You had gave me a lot of valuable knowledge in forex. im a new trader and a losser but now im more confident to trade. Im gaining profit using demo account but now i will continue to see the progress and wait until one month and see how much i gain.

Regards,
Sani

]]> By: Kelvin http://www.forexindicator.org/my-forex-fibonacci-trading-system.html/comment-page-1#comment-2089 Kelvin Mon, 22 Nov 2010 01:56:49 +0000 http://www.forexindicator.org/my-forex-fibonacci-trading-system.html#comment-2089 Hi Sani In fact, the Fibonacci levels are suitable for all time frames. You can definitely draw it on a smaller time frame. Hi Sani

In fact, the Fibonacci levels are suitable for all time frames. You can definitely draw it on a smaller time frame.

]]> By: sani http://www.forexindicator.org/my-forex-fibonacci-trading-system.html/comment-page-1#comment-2085 sani Sun, 21 Nov 2010 07:59:35 +0000 http://www.forexindicator.org/my-forex-fibonacci-trading-system.html#comment-2085 hi kelvim , first of all i want to thank u for giving free tutorial . i want to know what frame time is more suitable applying the fibo. can it be used in small time frame? (5 min ,15 min ) hi kelvim , first of all i want to thank u for giving free tutorial . i want to know what frame time is more suitable applying the fibo. can it be used in small time frame? (5 min ,15 min )

]]> By: Kelvin http://www.forexindicator.org/my-forex-fibonacci-trading-system.html/comment-page-1#comment-2045 Kelvin Tue, 16 Nov 2010 09:05:31 +0000 http://www.forexindicator.org/my-forex-fibonacci-trading-system.html#comment-2045 Hi Abelly Thks for dropping in this tip. You are wonderful. Hi Abelly

Thks for dropping in this tip. You are wonderful.

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