Thread: forex fibonacci grid??

short at 1.1496 close at 1.1473 and the 15 mins support at 72 held firmly...

Quote: Originally Posted by bhale stockwet, Were you able to find any answers to your earlier questions about who wrote the indicator, and availability of source code, etc? I like this indicator, but it would be nice to know how the numbers and lines correspond to the original. I never did find out. It's a mystery indicator. I like JSwansons posts on his trades with the moneymap application. I'm still wondering how similar the...

Quote: Originally Posted by Hercs Yes, I am also so sick and tired of negative people - they try to put the limitations of their minds onto other open-minded people. It is so easy to throw stones when it is dark and no one watching. If I may ask you to try and shut these people out and just stick to what is pertinent to us all - consistently making money! This system from Andy is miles ahead of anyone on this forum and jealousy will bring you...

Indeed, I actually prefer the original indicator over the interpretation that relies more on momentum.

Well it's very similar to me, but I only know what I see in the demos of the real thing. I have used it this past week with some success, but you have to have the time to watch it. I only have one or two days when I can do that. I thought there was a way to edit the code, but I can't seem to find how, just looks like you can create new ones. I think it does the same things as the moneymap, but the symbols are different, and...

Franz May I ask which moving averages do you use? Fas

THANKS SO MUCH awesome awesome forum

here was a nice trade that i simply took pictures of. it's late in the day as you can see on the pic's lower left corner, so i didn't mind staying out. if you look at the GBPUSD grid in the first pic. we have support under price. ok, now i took this pic at the right time. as you can see on the 15 minute chart of the gbp we are running up on a [green] moving average. this is corresponding with the tip of the wedge that has formed...

Quote: Originally Posted by stockwet To Franz or anyone else who knows the moneymap stuff, Attached is a screenshot of the MT4 money map indicator. I have a few questions about it. 1. What do the horizontal lines in the highways represent? Are these roadblocks that prevent us from trading, or are they just potential resistance points to be aware of. 2. Why are the numbers different colors? What's the significance of the numbers? 3....

Temper, temper or is it maybe that you have something to gain by newbies going to this webinair? Oh ok Swannie, let me also go walk the beach to collect beer cans to get 170 friggin dollars a week. It might be a bargain if does as it claims. Yeah right. I've seen a whole lot of systems and fancy indicators come and go trading the past ten years and living here in the basement in sunny S. Florida a stones throw from a big lake called the...