Eagle's Fibonacci System

[mawie]

cikgu kalu boleh guna bahasa melayu faham sikit ..matematik dan sains dah guna bi jangan la forex guna bi pening la cikgu

[FXM Teacher]

haha..kalau nak belajar forex..mesti belajar BI sebab tak semua terms boleh translate..so kalau tul2 nak belajar mesti ada inisiatif untuk fahamkan walaupun susah, jangan beri alasan yang ia pening, kalau asyik beri alasan, tak ke mana pun akhirnya. So ambil masa untuk fahamkannya, jika tidak faham, kamus kan ada.

[goldeneagle]

baik cifu, tengah study la nie, kalu ada persoalan tetap sy hantar,,

[FXM Teacher]

baik cifu, tengah study la nie, kalu ada persoalan tetap sy hantar,,

Good. All the best.

[goldeneagle]

sy tak tgk betul2 angka tu. rupanyerr same gak ngan 23.6%, 38.2%. ci-fu, macm mana nak tahu support n resistant? mana nak tgk high prise.low prise n closed hari tu.. fx kan jalan 24 jam. so nak tgk closed hari selasa la contohnyerr.? mcm mana cifuu

sy biasa trade jam 10 malam setiap hari. dulu guna bgx n macd... ape indikator yg simple atau asas sbg trader yg perlu digunakan

emmm kalu nak tarik fibo nie. kita letak kat titik yg tinggi dan terendahkan.. tapi nak guna tf yg mana? hour ke 4 hour? emm sy guna 30 minit signal bgx n 4 hour mcd untuk signal n rsi. itu jerr lain2 tak guna coz makin banyak sy cuba nak praktik,, selau lose duit aku.. tapi bila dah guna fibo ni nampak mcm garisan lintang berkait ngan prise... itu yg sy tertarik.

[FXM Teacher]

tak ada benda yg perlu ditarik atau tolak..sila refer ke post pertama untuk cara gunakan sistem ini..ia talah jelas dinyatakan..kalau tidak faham perkataan english, boleh gunakan kamus, atau jika masih tidak faham, anda boleh minta saya jelaskan.

Saya taip tu dlm english disebakan tidak semua sistem boleh dijelaskan sepenuhnya dlm BM, so lebih baik gunakan english.

untuk high/low hari sebelumnya, gunakan tf daily untuk tahu, dan jika boleh gunakan seperti yg disyorkan di post pertama.

untuk indikator simple, sila refer thread http://www.fxegypt.com/forum/showthread.php?t=1118 .

untuk pengetahuan anda, fibonacci adalah antara sistem yang boleh dikatakan almost 100% accurate untuk digunakan untuk trade.

[goldeneagle]

Thanks cifu, sy amat tertarik ngan setup stoch 15 3 3 n rsi 14. sblm nie sy guna 20 untk RSi. bila dah tgk betul2 graf n stoch, baru lah nampak sebenarnya bila masa graf turun n naik.. tima kasih bebanyak.
sy jumpa pengiraan fibo untulk tgk tren kat link bawah nie.

http://www.village2000.com/cgi-bin/crystal/fibo.cgi

kalu kita nak close trade guna fibo ni macm mana cifu. apa petunjuk aras yg titik2 tempat nak tutup target. kalu masukkan ema ke atau apa2 indikatr sesuai nak guna ape?..

[flizzoe]

Teacher,

this what i understand from your explanation:
1. get the high and low from 8 am yesterday to 8 am today (malaysian time)
2. find the current trend
3. open position according to the current trend
4. for long: the higher point become TP, lower point become SL and for short, vice versa (where the price is in the between of the two points)

is this correct?

[FXM Teacher]

Teacher,

this what i understand from your explanation:
1. get the high and low from 8 am yesterday to 8 am today (malaysian time)
2. find the current trend
3. open position according to the current trend
4. for long: the higher point become TP, lower point become SL and for short, vice versa (where the price is in the between of the two points)

is this correct?

yes, 100% correct.. and to make it more accurate, use your knowledge of other indicators like stoch, adx and cci mainly to get a more accurate entry n exit point.

[FXM Teacher]

Thanks cifu, sy amat tertarik ngan setup stoch 15 3 3 n rsi 14. sblm nie sy guna 20 untk RSi. bila dah tgk betul2 graf n stoch, baru lah nampak sebenarnya bila masa graf turun n naik.. tima kasih bebanyak.
sy jumpa pengiraan fibo untulk tgk tren kat link bawah nie.

http://www.village2000.com/cgi-bin/crystal/fibo.cgi

kalu kita nak close trade guna fibo ni macm mana cifu. apa petunjuk aras yg titik2 tempat nak tutup target. kalu masukkan ema ke atau apa2 indikatr sesuai nak guna ape?..

ok, jika anda perhatikan current price ialan 1.3779 untuk e/u dan ia diantara 0.235 dan 0.382, exit point yang disyorkan ialah pada 0.50, ini ialah jika position long, dan untuk short pula ia ialah sebaliknya.

[goldeneagle]

ok. sy dah mula dapat tangkap teknik cifu. tima kasih bebanyak. skrg sy nak cuba trade like a pro... huhuuuu tak yah trade forex main teka2 lagi coz dulu buat forex sepeti baling syiling . 2 kebrgkalian bunga atau kepala. graf naik atau jatuh... thanks a lot../

[FXM Teacher]

ok. sy dah mula dapat tangkap teknik cifu. tima kasih bebanyak. skrg sy nak cuba trade like a pro... huhuuuu tak yah trade forex main teka2 lagi coz dulu buat forex sepeti baling syiling . 2 kebrgkalian bunga atau kepala. graf naik atau jatuh... thanks a lot../

You are welcome.

[flizzoe]

Teacher,

this is my idea using this system:
1. find current trend.
2. wait until the price retrace any of the point.
3. open position, higher point is the TP, lower point is the SL (where price is the middle point).

what do u think?

[FXM Teacher]

Teacher,

this is my idea using this system:
1. find current trend.
2. wait until the price retrace any of the point.
3. open position, higher point is the TP, lower point is the SL (where price is the middle point).

what do u think?

Frankly, tht is how i trade exactly, where my entry is always a limit entry. This is way is very effective as the price will most of them time test its lower support for 2nd time(if long postion) and thts the time u enter ur postion right at the fibonacci ratio point or plus minus few pips.Recommended tp is the next ratio after entry price ratio, but if you are able, you can even take profit at a higher ratio around 0.618 and 1.27, just trying using it, and see how it reacts everyday on a any particular pair, and soon enough you will be a pro in using this system.

P.S. Glad to see that you are learning fast and making use of this sytem well.

[flizzoe]

Frankly, tht is how i trade exactly, where my entry is always a limit entry. This is way is very effective as the price will most of them time test its lower support for 2nd time(if long postion) and thts the time u enter ur postion right at the fibonacci ratio point or plus minus few pips.Recommended tp is the next ratio after entry price ratio, but if you are able, you can even take profit at a higher ratio around 0.618 and 1.27, just trying using it, and see how it reacts everyday on a any particular pair, and soon enough you will be a pro in using this system.

P.S. Glad to see that you are learning fast and making use of this sytem well.

thanks..
maybe because it has been almost 2 years im in this business but never read anything as simple as this regarding to Fibo. Lolz