Hello guys,

 

I wanna say great job my strategy is very much like yours

 

But actually i don't watch the trades i just put the safe buy/sell STOP orders and targeting

 

10 pips .

 

I put my buy stop for up-trend when i get the confirmation of the 1,2,3 pattern at fibo

 

level 0.0 and only take 10 pips profit

 

the opposite for the sell but it's the same and i always lay those pips no loss

 

 

But after reading all your posts i might consider sitting in front of the screen and make

 

bigger profits .

 

My profits are big because i increase the lot size when my analysis gives higher probability

 

and i lay $200+ a day using it .

 

 

best of luck and again great job

 

but why aren't you drawing your fibo levels on the charts or you don't want it to look

 

complicated ?

Helloo moneyadd, thanks for reading all my posts...trying to make the time to read them

myself..lol..fibonacci are great support and resistance levels that can be used in trading

to ascertain price movement..but even with the knowledge of 'fibo'' levels, many traders

still make losses..prefer the 60% windows which are more simpler and accurate in my personal

opinion..remember KISS? Keep it simple,Smarty..so its about applying the right tools for the

right markets...not all size fits all in trading..

If you check out our chart below,we used the TRIANGLE PATTERN, more specifically, the

SYMMETRICAL TRIANGLE PATTERN. but why is it called a triangle? Because it looks like

one..Triangles usually form part way through a strongly trending move and represents a

congestive phase in the marketplace. These patterns are important because they are typically

followed by sharp increases or declines in price. An established triangle pattern is a

valuable signal prior to a relatively predictable price change.

http://i72.servimg.com/u/f72/11/82/15/01/some_m11.gif

Yesterday, we made more than 200 pips from our symmetrical triangle which was part of our

live practical trading.

1.4770-1.4576=0.0194

1.4651-0.0194=1.4457(target point)

Symmetrical triangles,which are lines connecting peaks and troughs tend to converge at the

apex which is at the centre of the pattern.When price breaks outside of the pattern, there

is a high probability that the price will trend in the direction of the breakout.Once price

hit our target for more than 200 pips, it now retraced upwards,. Our buy stop @ 14507 caught

the bullish correction for 75 pips..

http://i72.servimg.com/u/f72/11/82/15/01/some_m12.gif

Price then retraced downward again to our previous short target of 14457, hitting it twice..

http://i72.servimg.com/u/f72/11/82/15/01/some_m13.gif

Before we knew it, price knocked 3 times and slipped downwards where our sell stop was on

hand to take the move...''come to papa''..

http://i72.servimg.com/u/f72/11/82/15/01/some_m15.gif

So moneyadd, hope you now understand...actually, my clients dont really want to know the

process or method in which trading takes place...all they are concerned with is whether we

make money at the end of the month,recession or not..thats the primary objective..making

money.

Can any one here tell why do clients trading this market online face

 

problems. I have been trading online with AVAFX and facing problems like not receiving

 

proper mails from them on time, downloading problem, customer support is not responding etc.

 

I have also heard from other persons trading this market online facing the same problems.

 

After threatening the customer support people they are now responding on time.

 

But still i have not come to know why online clients face such problems.

sorry about that, jeff...try and look for a better and more honest broker...Even if you got

the best strategy in the world, the choice of brokers is pertinent for the realization of

your trading goals.

[11:53:40 30/12/08] Stalion : no need to be confused....we put a buy stop on gbpusd @

14550...1st target @ 14575..2nd target @ 14615..3rd target @ 14655

[11:53:44 30/12/08] Stalion : sl 50 pip away