Macfibo system

[christinaa]

hi, christinaa ... i see u r using pivot pivot points ... which one i want to download one like that. mine is a little bit boring ...

i downloaded it from the simple and almost naked thread.

[kanmano]

thats the EURGBP. r u testing it?

yes and it hit tp

[kanmano]

i tried macfibo on silver but it hit sl pls comment

[javierpuga]

<img src="http://forums.babypips.com/attachment.php?attachmentid=26000"/>

i tried macfibo on silver but it hit sl pls comment

The candle that created the crossover is really long, which is not the best entry signal. It might be because of news. I usually stay away when the crossover happens due to a relatively long candle. A smooth crossover is usually the best.

[Fxdaselva]

Thanks, i've been reading this macfibo thread since it started, like 2 and a half months ago, sometimes i would demo trade, but sufiansaid would normally post the trades anyway. Sufiansaid has been doing macfibo for years, and his record since this thread started is on the first page. yesterday i only risked like $10 im live trading but with penny's so its more realistic for me and then il trade more and more. but yeah you should demo until your comfortable, also do the forex school here on babypips and read this whole thread

Thanks Cristina. By the way, no more signals for EURUSD??? Come on!!!

[Fxdaselva]

I think the forex gods heard me, there is a signal starting H1 EURUSD.

[PingPong]

I was monitoring GU and get in BUY when the cross happened.

Let's see....

[kanmano]

The candle that created the crossover is really long, which is not the best entry signal. It might be because of news. I usually stay away when the crossover happens due to a relatively long candle. A smooth crossover is usually the best.

what i want 2 no is if
5x20 with 8ma below 20 should v trade

[javierpuga]

what i want 2 no is if
5x20 with 8ma below 20 should v trade

I'm pretty certain it is still a valid signal. The 8ma should only be considered for the exit of the trade. But what I said about the big candle is actually relevant. If there is a sudden jump in price, the 5ma might cross while the 8ma is left behind. If the cross happens more smoothly, the 5 and 8 will probably cross together.

[Fxdaselva]

Hey sunfiansaid, sorry for asking losts of questions, but I took a trade today (my first loss) using macfibo signal, and I would like you to see if I did something wrong, or it was a valid signal.
Help me out a little more please. Tomorrow things will be better!