Here is a look at the Daily fib levels, watching to see is the trendlines hold up as well.
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
What is the Differences between Fibonacci Fan and Fibonacci Arcs 15 replies
fibonacci trading log 2 replies
Need help Bobokus Fibo template 1 reply
Pulos Bill - The Truth About Fibonacci Trading (Attached) 4 replies
DislikedSay Bo;
I don't remember you talking about this and I am sorry if you did and I missed it.
Do you ever faze out of a trade. On todays move I took some profit at what I perceived as hesitation around certain fib/S&R areas like 2.0750,2.0725,2.0700 and finally 2.0600.
I am looking at where I might have done anything different but can't justify a different play in my mind. I could have stayed in till I had a 1 hour candle close against me and I believe that would normally lose a bunch of pips.Ignored
DislikedBo,
Hey man, I just got back from a visit to see Mickey and his friends in Orlando and I'm trying to catch up all my fib placements I have a question for ya on the range fib. I have it from 10/12/07 8:00 to 11/09/07 1:00 because that seems to cover all the moves after that. Is my thinking on that correct or do I need to up date it some more. Thanks man and say hello to your mule for me!!!!Ignored
DislikedI dont have a range fib set on mine just yet it is mostly used during ranging periods, which should start to happen once we make a bounce here and cross over the 64 envelope again.
Im guessing your talking more about a Intermediate fib from the daily chart mine is from 10/22 through 11/09.
The Daily fib itself is from 9/18 Low to 11/09 High
And the Mule has kicked the bucket....LOLIgnored
DislikedMe personally i dont like to scale out, Im either in or out.If i miss some by price getting past what I had for targets well thats just too bad...It will set up again for another trade is how i look at it.Today is an example price is way past what I had for targets, didnt expect to be testing Daily fibs today.Ignored
DislikedThanks for the help man. I am up with the program now, and my understanding of the fibs has improved vastly because of your efforts and I appreciate it.
P.S. Sorry to hear about your Mule!!!Ignored
DislikedSorry now that I see you say that you have said that B4.
Probably the best in the long run.Ignored
DislikedLater in the thread I may release some Indicators Ive been re-codingIgnored
DislikedWhere should the intraday be drawn for today, across just yesterday or across the past 2 days, since it was one big diagonal down move? I have my official intraday drawn across the 2 days since there wasn't a retrace, but I have the shaded box positioned where the trade zone of just yesterday's range would be, so I can compare what happens. Right now price is drifting up into the zone from just yesterday but it doesn't seem to be really moving anywhere with authority, making me feel the 2 day long down move might be more significant.Ignored
DislikedLater in the thread I may release some Indicators Ive been re-coding, I think they may help with entry's and exits for newer traders who are still unsure about which break or bounce off the fibs to take and so on .I think as of right now I can make a method out of trading fibs that anyone can follow and will actually make sense out of trading fib level breaks and bounces. Im doing alot of backtesting and now alot of forward testing and I think I only need a few more tweeks to get things in alignment so the indicators can deal better with different situations, and give matching signals to Fib level breaks.Non matching signals would be considered non trade entry's.
I looked at that NonLagMACD and its miserable, so its now gone.Ignored
DislikedI read somewhere " The fibonacci is the only non-lag indicator". I am off for the next month and a half so let me know if I can be of any help. Doing nothing but 4X and my boat, MotorH, daughters houses, my house, thanksgiving,Christmas.... damn I am tired already. Anyway I have been working on a combination of the MACD set at fast 15, Slow 26, sig 1 and the interaction of a 5ma,exp,close and 75ma,lw,low. All three put together show some promise but need some tweek some place.Ignored
Dislikedit will be great.....
I'm also learning new things from this thread every single dayIgnored
DislikedHi bob, i've been learning alot from your thread. It has really improve my trading. Still need some guidance now, can you show me how would you draw all the fibs for U/Chf?
Thanks.Ignored