- Search Forex Factory
- 430 Results (2 Threads , 428 Replies )
- PowerTrader replied Sep 8, 2010
Zone Sept 8, 2010 — Here is the zone as it is at this hour. I am prepared to trade in either direction the market gives me.
- PowerTrader replied Sep 8, 2010
Fibs — The pull is always the same. Left to right because that will always give you the last move. We want to pull the last dominate move.
- PowerTrader replied Sep 8, 2010
Sept 8 Trade — Here was the move from the Euro Session. This move was news assisted but we took the break at the normal spot. Notice we simply move the Fib up until we have some price action. TP's were pretty easy after the 2 news candles.
- PowerTrader replied Sep 7, 2010
Thanks, I love Fibs too and I am not actually a Fibonacci Trader but use it in my method. I don't think you can know too much about fibonacci. Always pull left to right and should cover the last dominant swing. We are looking for a move back from 0 ...
- PowerTrader replied Sep 7, 2010
61.8 Bounce — Another part of the Zone Breakout Method is 61.8 bounces. The main thing you want see here is confirmation. This move will happen numerous times the the day and the week. You can trade it on both the 1 hour and 15 minute chart. ...
- PowerTrader replied Sep 7, 2010
Swing — No, I take the last dominant swing for the day. (It could be high to low or low to high too) I use the 15 minute chart to enter trades but also use 4 hour to see the big picture. I will give examples later.
- PowerTrader replied Sep 7, 2010
Other Trade — Here is another example of a sweet breakout during the European session. In this one, we took profit earlier here but noticed what happen with position 2. I am much more comfortable scaling out than adding in to a position. I ...
- PowerTrader replied Sep 7, 2010
It's all good! I usually setup to take the breakout in the Euro session. The reason being we have consolidated this pair while the US and Europeans slept and now it is ready to move when these markets come online. Usually that first push is enough ...
- PowerTrader replied Sep 7, 2010
Two Positions — Here is an example of a very healthy breakout. Now the reason for the 2 positions. First, the two most overlooked elements of trading are Fear and Greed. This method give you the opportunity to take advantage of both. When we ...
- PowerTrader replied Sep 7, 2010
Thanks — This method works but you can see it is pretty much indicator free. We will be referring to longer time frames in the future. It is my assertion that the best indicator is when price crosses a point of support or resistance live. All ...
- PowerTrader replied Sep 7, 2010
Aug 20, Trade — I am going to post a few charts I already have and then we will add newer ones as we move forward. You can see on this chart we took the short position when we broke from the last swing. Always wait for confirmation and ...
- PowerTrader replied Sep 7, 2010
Zone Breakout Revisited — I have decided to start contributing again to this thread. The method is now several years old and has been successful with changes as the market changes. I will be posting charts and updates but I will not be able to ...
- PowerTrader replied Dec 20, 2009
Thanks and? — aicccia, Thanks as always for sharing and your hard work. One problem I have is being able to distinguish between the green and the red. I fooled with the colors a bit but when I made the changes it seemed to affect how the ...
- PowerTrader replied Dec 14, 2009
Space — Disregard!
- PowerTrader replied Dec 13, 2009
Thanks — Aicccia, I have had great success with your indicator early on and I really want to thank you for your continued work to improve it. I think using some sound principals of trading with this indicator can vastly improve one's chance of ...
- PowerTrader replied Dec 10, 2009
Thanks — Thanks, I knew you had a good reason. PT
- PowerTrader replied Dec 10, 2009
Question — forexforex, I was wondering why in the example in this post (645) you waited until what seems like the second or third 30 minute candle after we crossed the blue line to buy. Is there a filter you used to cause you to wait? Thanks, ...
- PowerTrader replied Dec 10, 2009
This morning — Not sure I did this quite right but this was my trade on the GU this morning. It shows the potential although I bailed before it hit the bottom. This was on the one minute TF. Like others in this thread, I like the 30 minute ...
- PowerTrader replied Aug 14, 2009
But..... — 61.8 pretty strong fib though.
- PowerTrader replied Aug 14, 2009
Daily — Here is my daily chart. Look at the strong level of support in yellow. Also notice the perfect 61.8 bounce on the last dominant swing. If we are moving back up that bounce is key.