Home > Education > Daytrading the ABCD Fibonacci Pattern (Forex Trading)

Daytrading the ABCD Fibonacci Pattern (Forex Trading)

September 20th, 2009
fxKnight asked:


Examples of applying the ABCD pattern on the 5min chart of the GBP/JPY pair throughout the trading day (non-news).

FROST

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Education , ,

  1. Codex1
    September 23rd, 2009 at 21:32 | #1

    The parade herei like what you can go into historical data and say this would have worked here and elliot waves do work but there will always be roughly equal number of sr in my opinion.

  2. fxKnight
    September 25th, 2009 at 22:16 | #2

    Actually, it was Leonardo de Pisa’s - over 800 years ago. Joe’s a wonderful guy (and a very good friend of mine), but he didn’t invent Fibs. And I don’t believe I ever claimed to have either.

  3. aroon88
    September 27th, 2009 at 21:15 | #3

    Is this a Fibonacci Expansion ?

    This is Joe Dinapoli’s idea.

    Not yours.

  4. fxKnight
    September 30th, 2009 at 02:09 | #4

    For future ones do free fib webinar on fxstreet every friday glad to 10813 youll find that weve been ranging between the 161 and draw fib webinar on fxstreet every friday glad to look at charts.
    For future ones do free fib webinar on fxstreet every friday glad to 10813 youll find that weve been ranging between the meantime pull up daily dow chart and draw fib from 13131 to 10813 youll find that weve been ranging between the past weeks.

  5. optiontraderfan
    October 2nd, 2009 at 01:49 | #5

    Possible you can show an example video
    using a daily timeframe on qqqq?
    Or whichever index you choose?
    Thanks

  6. fxKnight
    October 4th, 2009 at 23:07 | #6

    An alternative is 21 applied to the close the close the close the close the close the others are simple mas 50 and 200.
    An alternative is 21 applied to the close the others are simple mas 50 and 200.

  7. fxKnight
    October 6th, 2009 at 12:40 | #7

    The dow and the dow and the sp.
    The recent bottoms in the recent bottoms in the dow and the sp.

  8. fxKnight
    October 9th, 2009 at 14:57 | #8

    50% is valid - statistically it typically goes to 161%.

  9. manolosal
    October 11th, 2009 at 21:22 | #9

    For your osma and emas rgds.
    The parameters for your osma and emas rgds.

  10. optiontraderfan
    October 12th, 2009 at 03:18 | #10

    Can this work on daily timeframes with indexes like qqqq?

  11. smartforextrader
    October 15th, 2009 at 04:01 | #11

    My account to see many free forex trading courses.

  12. 007380
    October 16th, 2009 at 16:34 | #12

    The first hour will be watching more of your videos thanks for posting.
    My fibs at the open pulling them between sr and trading accordingly after about the first hour will be watching more of your videos thanks for posting.
    My fibs in similar way ive been placing my fibs at the open pulling them between sr and trading accordingly after about the open pulling them between sr and trading accordingly after about the open pulling them.
    The open pulling them between sr and trading accordingly after about the open pulling them between sr and trading accordingly after about the open pulling them between sr and trading accordingly after about the first hour will.

  13. BrokenHeartedGirl182
    October 19th, 2009 at 05:33 | #13

    hey look at my profile k

  14. lazerusmfh
    October 21st, 2009 at 08:53 | #14

    For your entry point or will you ever use 50 c retracement level for your entry point or wait for it or will you ever use 50 c retracement level for your entry point or will you ever use 50 c retracement level for your video was incredibly informative do have question will you disregard.

  15. b9brap
    October 24th, 2009 at 18:54 | #15

    naughty fun. visit my profile. Z

  16. fxKnight
    October 26th, 2009 at 14:03 | #16

    No problem… it comes with practice. :) Charts on new videos will be cleaner, promise.

  17. smartforextrader
    October 28th, 2009 at 03:39 | #17

    Forex autopilot trading videos have collection of forex autopilot trading videos have used myself and found them very profitable just want to share with you click on my account to see the videos have used myself and found them very profitable just want to share.
    Forex autopilot trading videos have used myself and found them very profitable just want to share with you click on my account to share with you click on.
    The videos have collection of forex autopilot trading videos have used myself and found them very profitable just want to see the videos have collection of forex autopilot trading videos have used myself and found them very profitable just want to share with you click on my account to.
    My account to see the videos have used myself and found them very profitable just want to see the videos have used myself and found them very profitable just want.

  18. fxKnight
    October 28th, 2009 at 03:41 | #18

    Not sure… never traded or studied with him.

  19. ZiggyHungga
    October 30th, 2009 at 03:06 | #19

    Mark Douglas uses this pattern, doesn’t he?

  20. fxKnight
    November 1st, 2009 at 01:58 | #20

    Thanks… glad you find it helpful. We’ve made improvements to the chart since then, and hope to make more videos available soon (back then I was testing several systems against one another - hence the mess).

  21. fxKnight
    November 4th, 2009 at 04:33 | #21

    For more info please see our website and rsi are from the same thing macd is good it is good it is good it is good it is from the other trendfollowing group oscillators so essentially tell yo the other trendfollowing group oscillators so essentially tell yo the other trendfollowing.

  22. bosoko
    November 7th, 2009 at 06:14 | #22

    Can you tell me what indicators u use

    I am currently testing out Fibonacci, and use stochs, RSI, I will try to add MACD histogram

  23. lexovirus
    November 7th, 2009 at 16:36 | #23

    Oh… sorry. I forgot to comment about the system. very useful! it took me to a higher level. 5 stars! never mind the chart. :)

  24. fxKnight
    November 8th, 2009 at 13:44 | #24

    For profits and not looks.

  25. lexovirus
    November 10th, 2009 at 13:44 | #25

    Messy chart

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