EUR.USD

in meta trader i save , chart as is, i guess it uses the resolution of my screen.
then when i post it on my blog, it goes in as full size, so as not to lose any resolution.
I click copy image URL from my blog (right click on the chart, when its uploaded) then past that URL into the image link on your forum.
So I guess as long as your image starts off big , it should always be big as I don't resize it at any point.

Follownev...

How did you manage to get your chart so big when we click on it.
Thats cool.Never new that was possible.
any chance you could tell me please.
thanks
remo(learning every day)

I trade with Fibs but I don't trade Fibs.
The Fibs for me outline areas of interest and I look for confluence from other factors on my charts.
On the Daily Chart I placed a Trend Line above and below as per the wedge but I could only do this when a bottom and top each time had been made, so post any trading opportunities based on the wedge trend lines. However, now that I have these 2 trend lines I can look for other entries to buy should Price come down to meet or go up to meet a trend line.
On the Daily chart the 200ema also acted as an area of support and this was part of the confluence I traded combined with the Daily Trend Lines.


Using the H4 chart I was able to span a Fib retracement between the 2 trend lines and I noted that Price came down and settled near the 76.4% , which is a deep retracement but with a lot of things I trade it can easily go down to the magic 89.1%, so I don't trade off Fibs I just wait and see if like on the H4 chart a Trend Line and 200ema are also hovering around a fib line. In this case they were.
So I then wait to see if Price action setups will occur or a big rejecting candle. In this case on the H4 chart there was an inside bar but price broke down into support from the Trend Line, the Fib and the 200ema, so there was no way I was going to be a seller here.


I waited for a rejection of those levels and bought on the way back up.
I am now in good profit and I have a stop in a safe enough area to protect me from losing and now I am waiting for a retest of another area before moving my stop up and scaling into this trade.
I fully expect the Price to come down over the next 4- 8 hours to 1.29465, which is where I would put my stop should the H4 chart have a newly created higher swing low.

I think we need to be careful to distinguish between technical "correctness" and successful trading techniques. There is room for both and they don't necessarily need to agree.

KI appears to have a trading technique which has proved very successful, if unconventional. What really counts is what works because what works makes money.

I actually don't think that there is too much difference apart from where expansions are projected from, especially if you use the 76.4% Fib rather than the 78.6% one - in that case there's no difference at all in where the Fib retracement lines fall, they just have different labels. Extensions are a different matter and, IMHO, extensions only really apply when you're looking for wave 3 resistance or wave 5 resistance in the event that wave 3 was not extended (ie wave 3 was a similar length to wave 1 so that wave 5 is likely to be extended)

I do agree with remo, though, in that Fibs are transient. They belong to individual waves and this is exactly what I was trying to explain in the "EWT and Fibs" thread.

Hi KI
With fibs you should delete them once it's don'e it's thing. They don't play a part say a year latter. They do have a life span.

The reason I say it's not a fib is due to the fib being upside down. Every thing starts from zero. Not 100. It's trying to find the retracement in percentage terms from the high. Obviously I'm chatting about fib Retracements and not fib extensions.
The fib that starts from the bottom of wave 2 is a fib extension and not a retracement. It's the extension of the previous wave so it's giving you a rough idea where wave 3 could be headed.
Hope that makes sense
Remo

remo wrote: Hi kI

Is your fibs plotted like the brown fib on jackozy chart??
If it is I have not seen it done like that in any text.
That's not a fib retracement or extension.
I think people are talking about different things here.
The way I'm showing it is the way all text books show it.

The main thing is if it works for you great . Keep using it.
But I'll stick to my traditional way as its worked for me for years.
It's good to have a different unique way so glad your sharing .
Remo

Hi Remo, yes mine is the brown fib on jackozy`s chart. Why would you say mine is not a fib retracement or extension ? When i set my fibs they stay set, you and jackozy seem to keep moving yours up. Once you have plotted the first and second wave that should be it, the fibbo will either play out or fail. Cant say i have ever seen a fibbo start from the bottom of wave 2, so we learn something new every day.

I will have another look at your videos to see if i am missing something. KI.