I decided to start a thread based around my favorite method of trading: FIBONACCI!!
So, come in and post your trading ideas. This does not negate using trendlines, moving averages, or other indiors. However lines ought to be included in your ideas for a trade.
I have grown quite fond of using fibonacci lines in symmetrical trading. Once I have identified a range, I draw fib lines onto it and move them up to the low or high of the range and await price to reach one of the outlines (or close it) for an entry or exit.
Here is 1 example of the 4hr CAD/JPY: The blue fibs are drawn on the original range and also the white fibs are the copy.