rob123
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Posts posted by rob123
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Benny , I do not have his special indicators. I just use the 532 stochastics , and 5,20,30 macd. Right now i'm not trading this particular method at this time. The divergence set up is the best setup say scalping the 4hr chart and getting your confrmation from the daily. If you can manage to get the 4 hr and daily stochastics going in the same direction at the same time with a divergence on the lower time . page 38 on toptrading #2 is the best set up. Hope this helps. Rob
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No problem Diesel and happy holidays to you as well. Rob
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I wasn't aware of this and shouldn't have been posted at all if i was incorrect,however i see numerous links that are posted in the posts recently and i guess they need to read the forum rules as well :)
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The guy's name is Loz Lawn and seems all the reviews i've read are good. The price is 127.00 bucks including mentoring one on one --skype --videos library etc. If anyone knows anything are have program please share. Also has several strategies. Thanks,Rob
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I've been in this one for several days now but if i wasn't your set up looks good(127/78) with symmetry.I got in on the 61.8 level on the 4hr chart and took half my risk at 38.2 level up.....stops are to break even now right above the 61.8 level where i got in.This was a pullback trade i took .... 61.8 and 161.8 coming back down and symmetry. Rob
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Yea they stop run. Rob
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Your welcome gamble .Hope it helps . Rob
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Your welcome Gambler.Let me see if i can help you here. I've seen quiet a few fib methodsfrom different companies. Type in ratiotrading.com they have a free news letter and video once a week where the owner does a free video analysis on stocks, options,currencies etcYou can sign up there if your interested it's free Also they have a webinar coming up i believe dec8 and the costs is 95.00 if your interested.
I have there basic package and the file is huge so i can't download it.One particular set up i like is the pull back trade which only takes trades off the 61.8 level....I mainly look at the daily and take trades off the 4 hr charts . What we want to do is find an impulse move coning off the daily chart....once we do that we look for SR---closed and open candles not wicks to the left---symmetry ---fib ratio confluence -trendlines--weekly pivots or just any pivot really. ....we just need one of these to be present to qualify.One imprtant point it can not bounce off the 50% fib off the impulse move
Let me give you an example:: I have IBFX feed :
1.Go to the daily chart on the usd/jpy chart and locate the 11/23/10 candle
2.You can see that is a swing low candle with an impulse move,so we draw fibs from that candle to the top with our 4 hr charts
3.we place a buy limit order at the 61.8 and are first target with half are risk would be the 38.2 level up.Are stop would be between 78.6 and 86.0 level.
4. Stops moved up from the 78/6 right under that low.
5.The reason for this trade was trendlines very close to 61.8 and we didn't get a bounce off the 50% fib coming down.
6. Some traders wait for candle conformation---so now you have a pin bar there.....but ratiotrading does not use candle confirmation
7. 70% of time price will go to 127 level and then 45% it will go to 161.8 level.
Hope this helps some.It does take practice and it's not the holy grail . I thnk if you take the best trades that your familiar with and comfortable with i beleive a 65% percent hit rate is achievable and you can get some awesome runs on the last 2 postions some times.
take care,Rob
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There ok silly ---I normally place stops btween 78.6 and 86 when trading the 61.8. 127-78.6 confluence is good on gartleys but i still don't thnk they have a 70% win rate as all these harmonic gurus claim and hitting the first target.
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Hi Gambler, I'll give you my honest opinon and i've been trading a good while. You probably will be disappointed but seasoned traders i've come across use them all 38.2. 50 and 61.8. ....Some will use 61-38 from the last 2 swings with tight conflluence on fibs with trendlines connecting. ...one trader i know only trades the 38.2 after a strong impulse move....others trade all theses different zones with candle stick patterns. I guess that is why the market is wild and wooley :) Take care,Rob
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tiger 5min and up really depending on how agrresive you want to be. You could follow the daily and 4hr time frames and then drop down to the 15 and 5 and keep an eye out on the 200 ema(123 setup) as instructed in the manual but doing this you really need to moitor the charts because the 5 and 15 can and will reverse on you especially with news . Hope that helps. Rob
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yea your probably right shab. Like to see it anyway. I have a feeling diesel will come through :)
Rob
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I thnk it's an ok sytem pipshore if you follow the rules and get out when you supposed too. Just be aware that you will get whipsawed on the 5min chart but i'm sure you know that by now . No 197 for me but if you do decide to go for it let us know if you learn more than the pdf guide.
Take care,Rob
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Anyone get this please share.Simple is what i like. Rob
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i've made some nice pips this week and still holding positions .I'll continue to test
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97.00 isn't a bad price. This Nikos seems to really help his students from what i've read.
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Mjbraun.net ....Anyone have any material from this trader ? Looks very impressive on fibs and symmetry.
Thanks,Rob
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good stuff for sure . I just watched the free webinar. Rob
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He's making money off the packages not his method imho. Actually i don't beleive he makes 40 pips a day and doubling up can be dangerous. You have to be insane to give this guy 5k. If you do i would advise a proof of his trading statement.....then i still would be skeptical cause these can be fake . Rob
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good Job Benny. I'll be watching . Rob
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Hi Freddie, Good work on the charts buddy. Do you have the system from Mark McRae or is it allready here in the forum ? Thanks,Rob
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Hi Benny, Sorry to hear about your death in family.Your doing very well with this strategy. I'm experimenting with line charts to find SR and then switching to candles after i mark the spots .i'll let you know how it goes.
Take care,Rob
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Hi James, Yes that is a good plan dropping down to the 15 min charts or hourly when trading off the 4hr charts.. You can also trade 30 min and 5min charts but can be some what risky. Say the 30 min made an abcd with divergence ---double top reversal pin etc etc .....then drop down to 5min and pin down an entry. All though this is easier said than done on the smaller time frame :) Take care,Rob
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