fibs and ma

[mick333]

hi has any one tried combining fibs with ma as a trading system

 

[Trdr]

Don't use MA but do use MetaStock's Standard Error Channel.

I like the SEC because it's very easy to use and easily re-adjusted as the Price progresses.
SEC default is Close/2 and once applied can be copy/pasted to provide additional lines set to values as on chart or fibo values can be used.

The expectation is that the Price will interact with/change direction at the intersection of the fibo/SEC lines.

Chart's a bit overloaded !! arrows indicate where SECs are drawn from.

 

[Paddington]

haven't tried with MA but have been noticing recently that very useful when combined with regular old fashioned support and resistance channels

 

[vladv]

I personally use some M A in my trading system(actually 5 and 20 period EMA) and they're that very useful when combined with regular old fashioned support and resistance channels.

 

[Maverick27]

Don't use MA but do use MetaStock's Standard Error Channel.

I like the SEC because it's very easy to use and easily re-adjusted as the Price progresses.
SEC default is Close/2 and once applied can be copy/pasted to provide additional lines set to values as on chart or fibo values can be used.

The expectation is that the Price will interact with/change direction at the intersection of the fibo/SEC lines.

Chart's a bit overloaded !! arrows indicate where SECs are drawn from.

Hi - Pls. tell me more SEC & how i can incorporate it with Fib. Retracements to help determine probable price turning points.

Thanks - Mave

 

[tomorton]

I do use both - or rather I refer to both - but also other inputs - these being candlestick patterns, gaps, horizontal suppport /resistance levels, stochastic oscillator, MACD and volume: also pattern confirmation from differing time-frames.

It seems an attractive idea to rely on 1 or 2 simple signal generators and it works pretty well in backtesting, but is much harder in a series of real trades. In any case, the exit (with money) is more important than the entry.

 

[Trdr]

Mave, try this:
pdf at post # 11:
http://www.trade2win.com/boards/technical-analysis/25425-fibo-experts-fibo-2.html

 

[Maverick27]

Mave, try this:
pdf at post # 11:
http://www.trade2win.com/boards/technical-analysis/25425-fibo-experts-fibo-2.html

Thanks TrDr,

I had a brief look @ the pdf, but, it does'nt make any sense to me at all...
Do you mind giving me a 'stepping stone' in telling what the pdf is talking about ?
Mave

 

[tomorton]

I understand Fibonacci reatracements enough to use them but I couldn't understand it either.

 

[Trdr]

well Mave the title of the pdf is what it's talking about and the last page plus
the prior pages contains all the stepping stones I'm able to provide

 

[fantastic4]

I might use it like this. Let's say price were going up, and then started to form a rising wedge onto the fifty fib line, and at the same time, price was falling below the 20 SMA. That would be three good sell short signals to me. I also like to see signals from the $tick or $tirn at fib levels.

 

[tape reader]

hi has any one tried combining fibs with ma as a trading system

Yes, I use them both daily and intensively.

The chart of ADBE today is a classic example:

 

[johyman]

hi has any one tried combining fibs with ma as a trading system

I have been using this system for the past 4 weeks and see alot of posibilities in it. But I have alot of questions...Maybe you could call me and we could talk...