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View Full Version : Fibs strength developing method


JuanjuNexus
01-07-2011 19:24, 07:24 PM
I will use different color fibs to find strong support or resistance. The larger the trend the higher the color.
Https://www.nigeriaforextrading.com/attachments/15286663651442131397.jpg
If reduced color level holds I will be hoping that confluence of high colours will cause some reversals.
I needed to add more colours:
https://www.nigeriaforextrading.com/attachments/15286663671393693480.jpg
JuanjuNexus
08-18-2023 09:12, 09:12 AM
https://www.nigeriaforextrading.com/attachments/1528666371640013890.jpg
https://www.nigeriaforextrading.com/attachments/1528666373608401331.jpg
second Image Reduced tf
JuanjuNexus
08-18-2023 10:33, 10:33 AM
https://www.nigeriaforextrading.com/attachments/15286663741201267429.jpg
https://www.nigeriaforextrading.com/attachments/1528666376422132854.jpg
261.8 appears to hold.
JuanjuNexus
08-18-2023 11:54, 11:54 AM
https://www.nigeriaforextrading.com/attachments/1528666378425021590.jpg
https://www.nigeriaforextrading.com/attachments/15286663791370771675.jpg
261.8 appears to hold. https://www.nigeriaforextrading.com/attachments/1528666381815371749.jpg
JuanjuNexus
08-18-2023 13:14, 01:14 PM
Just one strong level beneath the weak degree. Very risky but moved into the profit zone.
https://www.nigeriaforextrading.com/attachments/152866638271686612.jpg
JuanjuNexus
08-18-2023 14:35, 02:35 PM
lower degree appears to maintain
https://www.nigeriaforextrading.com/attachments/15286663841871980768.jpg

added more powerful fib to the setup:
https://www.nigeriaforextrading.com/attachments/15286663861644978383.jpg
https://www.nigeriaforextrading.com/attachments/15286663871109423331.jpg
JuanjuNexus
08-18-2023 15:56, 03:56 PM
lower level appears to hold
https://www.nigeriaforextrading.com/attachments/1528666389585347809.jpg

added stronger fib to the setup:
https://www.nigeriaforextrading.com/attachments/1528666390595649781.jpg
https://www.nigeriaforextrading.com/attachments/15286663921049733682.jpg usdcad at the profit zone
https://www.nigeriaforextrading.com/attachments/15286663942121335959.jpg
JuanjuNexus
08-18-2023 17:17, 05:17 PM
Nice trade except the stronger levels are a little bit too far from each other
https://www.nigeriaforextrading.com/attachments/15286663961516995232.jpg
https://www.nigeriaforextrading.com/attachments/15286663971936177828.jpg
option two with feeble fib level holding:
https://www.nigeriaforextrading.com/attachments/1528666399182697268.jpg
JuanjuNexus
08-18-2023 18:37, 06:37 PM
Nice commerce except the stronger levels are a bit too far from every other
https://www.nigeriaforextrading.com/attachments/1528666401539347527.jpg
https://www.nigeriaforextrading.com/attachments/1528666403803089125.jpg
option 2 with weak fib level holding:
https://www.nigeriaforextrading.com/attachments/15286664051212941365.jpg https://www.nigeriaforextrading.com/attachments/15286664061954058624.jpg
JuanjuNexus
08-18-2023 19:58, 07:58 PM
weak fib degree retains and fells down currently:
https://www.nigeriaforextrading.com/attachments/1528666408406009463.jpg
JuanjuNexus
08-18-2023 21:19, 09:19 PM
Weak level holds
https://www.nigeriaforextrading.com/attachments/1528666410433681393.jpg
JuanjuNexus
08-18-2023 22:40, 10:40 PM
weak fib degree holds and fells down already:
https://www.nigeriaforextrading.com/attachments/1528666412627482705.jpg https://www.nigeriaforextrading.com/attachments/15286664131579908691.jpg
JuanjuNexus
08-19-2023 00:01, 12:01 AM
Weak level holds
https://www.nigeriaforextrading.com/attachments/15286664151091166912.jpg Bearish transfer but way too slow:
https://www.nigeriaforextrading.com/attachments/15286664172073653666.jpg
JuanjuNexus
08-19-2023 01:21, 01:21 AM
potential lower movement
https://www.nigeriaforextrading.com/attachments/15286664181396698797.jpg
JuanjuNexus
08-19-2023 02:42, 02:42 AM
potential lower transfer
https://www.nigeriaforextrading.com/attachments/15286664201026296512.jpg I've got this wrong. Not enough strong levels to back it up
https://www.nigeriaforextrading.com/attachments/15286664221412822762.jpg
JuanjuNexus
08-19-2023 04:03, 04:03 AM
feeble levels appear to hold.Strong levels coming.
https://www.nigeriaforextrading.com/attachments/15286664241698850985.jpg
JuanjuNexus
08-19-2023 05:24, 05:24 AM
weak levels appear to hold.Strong levels coming.
Https://www.nigeriaforextrading.com/attachments/15286664251654696987.jpg It functioned very well
https://www.nigeriaforextrading.com/attachments/15286664271117754071.jpg
JuanjuNexus
08-19-2023 06:44, 06:44 AM
It worked very well
https://www.nigeriaforextrading.com/attachments/15286664291896151301.jpg I am anticipating this to move lower. At least 50 pips in the powerful levels.
JuanjuNexus
08-19-2023 08:05, 08:05 AM
I am anticipating this to move lower. At least 50 pips in the levels that are powerful. https://www.nigeriaforextrading.com/attachments/1528666430571302830.jpg
JuanjuNexus
08-19-2023 09:26, 09:26 AM
https://www.nigeriaforextrading.com/attachments/15286664421230692075.jpg target reached
https://www.nigeriaforextrading.com/attachments/15286664441113130338.jpg
JuanjuNexus
08-19-2023 10:47, 10:47 AM
https://www.nigeriaforextrading.com/attachments/15286663691365051237.jpg
JuanjuNexus
08-19-2023 12:07, 12:07 PM
I like this technique it works fairly well although sometimes when the certainty to go into a trade is high that the market goes the opposite direction.
Like in the picture that the 2 amounts in blue are holding and if the price gets to 2 powerful amounts (red) it will not work any more. I don't understand what this is, maybe manipulation https://www.nigeriaforextrading.com/attachments/1528666436.png
https://www.nigeriaforextrading.com/attachments/15286664462107519922.jpg