Thread: Another Fibonacci and pinbar

Attempting among the famous Fibonacci and pinbar on daily.

Installation: and shut in between 38.2% and 50 percent /61.8%
Ideal entrance: between 38.2% and 50 percent retracement. Will enter also if the price closed in between 50% and 61.8% (will monitor). Anything above 61.8% won't input
SL: 23.6%
TP: 123.6%

The risk to reward will be some where in between 1:1.61 ([123.6%-61.8%] / [61.8%-23.6%]) and 1:5.8 ([123.6%-38.2%] / [38.2%-23.6%]).

Some instances:

AUDCAD has setup on past friday, awaiting Monday to enter.

Originally Posted by ;

NJ in progress: Picture

SLed

new trade now: AUDSGD and GBPJPY

Originally Posted by ;

new Commerce today: AUDSGD and GBPJPY image image

both Sled

Ucad pending entry on Monday.

I'd have loved to add this to DAX but tricky part is Programming the candles to Get fibo to Utilize

Originally Posted by ;

I'd have loved to bring this to DAX but tricky element is coding the candles to get fibo to utilize

thanks for coming by. Thus far the triumph ratio is quite low, still attempting to research.

NJ in advance: