Thread: MA plus Fibo = gtGreen pips

Hi All,
I am a big fan of MA and Fibo, and that I only used these 2 indior to trade. Thus far its doing OK in my account. I would like to use this journal to monitor my account functionality of these 2 great indior. . Cheers for now. .

okay, here we start. . I'm using 2 set of MA Fibo

Filter MA 72,100
Trade MA 5,10, 72,100
Fibo both management on all interval from monthly to 15M

Entry = crossed 5,10 test Filter MA 72 lt; 100 (brief ), and 72 gt;100 (long)
Entry = crossed 72,100
Exit = hit fibo 38.2, 61.8, 100, 161.8, 261.8, 423.6 percent

Exit profit = gt; 20 pips
TP = 0
SL = 0 ( I employed hedging technique)

Best timeframe to trade 15M or 1H ( you can go higher for extended term)

* I attached my setting tpl here for sample.

Today trades been OK, managed to closed 371 pips. . I'm still using micro thus its not that far in $

expect next week have more green pips
https://www.nigeriaforextrading.com/...1496586919.tpl

today closed position... not to much, some still jelqing float with mix of red, green and pink. . . .
at least I put in a bit extra $ in my account. . Next week would be greener. .
Great weekend all...

Hi,

I have to praise you for this system.

I noticed there is an EA that u use. Is it to give u an alert of the crosses or when all criterias are satisfied?

How long have you been using this program. It looks good.

Tell us more about this EA. . .as well.

Cheers and Great job.

ops. . Forgot to say, I am also using zig zag to clearly define a right point for your own Fibo line.

This very simple technique allow me to trades on 16 pairs. .

NZDJPY yesterday and today been a good friend to me personally. .

maintain the crossing coming...

Originally Posted by ;

Hi,

I must praise you for this particular system.

I noticed that there is an EA that use. Is it to give u an alert to the crosses or when all d criterias are satisfied?

How long have you been using this program. It looks good.

Tell us more about this EA. . .as well.

Cheers and good job.

hi there. . Yes, I am using a very simple EA to trade this technique. . Been testing for 6 month and live account for the last 6 month. . The principle of the EA are the same as explained earlier, with only a bit of creative lots direction... however, it is possible to trade on this technique manually. .

Here is sample of my own backtest on this trading technique. .

exactly what a swing just now.... Most pair transferred by 100 - 300 pips in few minutes...

nearly all of my place got our just in time before the alteration. . Very very lucky today I guess... 3 out of 16 pairs got stuck tho, hopefully it will be out by tomorrow afternoon. .

This morning I start trading with 0.02 lots, and in the morning till now, manage to closed approx. 500 pips with 13 pairs...

horey. . Its weekend again. .
This week was good for my trading. . Couples of floating pair, but most of it got out with small profit. . My trading account edge up slightly... currently trading using 0.02 lots. .
Today closed US40 ( approx 2000 pips = 0.02 lots)

monitoring my trading functionality for year 2008...
I hope to increase more than 25K by end of this year, then hopefully more wiser to begin a standard account. .

its been a long time I have not update this thread. . Too occupied with work and hectic travelling, forgot to check my trades for weeks. . Anyhow, checked the balance now, and its seems fantastic. . Balance increased, still got lots of reduction floating, but my margin could manage it easily... expect to get a better trades in March...