In search of: Intraday Fibonacci traders

world of Fibonacci · #1 (**permalink**) 09-21-2007, 10:20 AM

I am looking for professional Intra-day Forex traders who specifically are trading Fibonacci (and understand the '' ins and outs '' of it.

I am starting this thread only for this purpose, I am not intending to provide a trading system, but I am rather in search of already accomplished FX traders wishing to get in touch with each other to discuss how to refine and tune up their trading ability.

WisBiz · #2 (**permalink**) 09-28-2007, 05:31 AM

Hello,
I think U can see at KENACCI METHODs
It's Indonesian Forum...
The member named kenshi22 has a good methods forthe fibo trading.
He calls the method as kenacci (kenshi + Fibonacci)

Or in My technic with fibo

I'm still learn that method, I think it seems good...

banzai · #3 (**permalink**) 09-28-2007, 07:06 AM

This is a good e-book for starting out with Fibonacci

sjerar · #4 (**permalink**) 10-03-2007, 09:52 AM

Learn to understand fibonacci clusters.

spiritbreezer · #5 (**permalink**) 10-03-2007, 10:55 AM

Do you yourself trade with fibos?

matfx · #6 (**permalink**) 10-05-2007, 05:48 PM

Hi good day to all,

Anybody here using fibonacci for trading? I quite interested to learn, hopefully somebody can give a guide.

Thanks.

Matfx

banzai · #7 (**permalink**) 10-06-2007, 05:04 PM

You know #SpudFibo indicator, it's very useful to see how the price behaves around the Fibo lines.

To understand more why there's a resistance & support around these Fibo lines, check out the Support & Resistance thread:
How to use Support and Resistance Effectively

matfx · #8 (**permalink**) 10-07-2007, 02:34 PM

Thanks Banzai for sharing this indicator. Anyway, other than identifying Support and resistance, can we use this indicator to trade?

For example, normal fibo level to enter is 0.168 ( golden ratio ) and target level will be either 1.618 or 100.00, so it is the same with this indicator?

Matfx

banzai · #9 (**permalink**) 10-07-2007, 04:08 PM

It was designed to be used with "Spud's MTF FIB Breakout System". Just google for those keywords and you'll see it.

View Poll Results: Fibonacci?
No thanks, nice tool, but I would rather trade with MA's, RSI, CCI, MACD, Stochastic etc. etc.	2	5.41%
Yes I agree, Fibonacci is complicated, complex and hard to understand, but it can be rewarding	20	54.05%
I know it works '' sometimes only '', I always wondered why?	4	10.81%
I want to find out more about this '' Fibonacci stuff '' ...	9	24.32%
Fibonacci, MA's etc. it's ALL the same... they just don't work...!	0	0%
Give me a '' naked '' chart, I will show you how to trade naked!!	6	16.22%
The more indicators on my chart the better and '' safer '' I feel...	2	5.41%
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