View Full Version : Magic Fibonacci: Operating with setbacks for disciplined traders
I want to operate Fibonacci-based operations on this account! I hope everything goes on wheels! Things to remember: TIME: start important sessions ENTRY: Only operate with candle closure STOPLOSS: Never more than 15 points OUT: A break even when you are at 1:1 or accept stop
The previous 4-hour sail respected 50% of Fibonacci as resistance. The idea was to shorten into the recoil zone with a very tight stop. UPDATE: Stop achieved.
Operation 2 Sale in EURGBP at 0.8229 with stop at 0.8245... the price reached 23.6 of Fibo, which seemed good resistance for intraday. Update: Lost stop.
Operations 3 and 4 AUDUSD reached a key resistance in Fibo at 0.7439. Sale with 15-point stop. Update: With winnings.
Operations 5 and 6 Sale in USDCHF at 0.9764 with 15-point stop. Reached a strong Fibonacci resistance zone. Update: Lost stop.
Operation 7 I forgot to take screenshot. Update: It was a winner.
Operations 8, 9 and 10 I didn't catch.
Operations 11, 12 and 13 liquidated account... go for the next try!
Operation 1 USDJPY touching Fibonacci resistance Update: Stop touched.
Operation 2 AUDUSD sale after reaching 50% Fibonacci resistance.
Operation 3 USDCHF playing Fibonacci level 23, a key resistance zone... sold out there.
Operations 4, 5 and 6 USDCHF in major resistance.
Operation Idea 7 AUDUSD in strong resistance. Update: Out in break even.
And... chopped, chopped and chopped again... my third and final attempt begins.
Operation one EUR/USD There was a resistance zone formed by candles... I sold EUR/USD at 1,11345 with a stop of 15. I lost 15 points.
Operation idea 1 AUDUSD (sale
Monday 4th of July 2016 Good morning and greetings, It is time to execute according to plan. AUDUSD opened with bassist Gap, which I thought was a good sign for an aggressive entry. In H1, the previous highs slow the advance. Fibonacci resistance 38.2% (from 0.7646 to 0.7303
Operation idea 2 NZDUSD In H1 reached daily resistance (0,7204
Operation 3 Sale NZDUSD Believe it or not, it is the same level of 23.6% of Fibo that I marked on MT4 mobile, but with another location on Trading Station 2. I checked and was so surprised that I closed the previous operation with small loss. Catches are available if anyone wants to check the strokes. Back to topic: price is around daily resistance (0.7204
Powered by forexforum.co.za® Version 4.2.5 Copyright © 2026 forexforum.co.za Solutions, Inc. All rights reserved.