Better charts for Fibonacci retracement & extension??

[rwcjunglist]

New forex'er here, been using a dummy account on oanda for about a month now and have also found it to lack some charting features. I'mma go check out metatrader now. Its free right? On the download page I see MT4 live/demo. Does the demo part just mean I can't make any trades from it?
Thanks!!

[topgun]

That's correct. Unless you sign up with the broker that you download it from than you are only using it for the live quotes in demo mode. Which is why yuou can place your trades on Oanda once your criteria for a trade has been met. When you demo expires you would have to just create a new demo account. I haven't heard of anyone that had to stop using it yet since you can always keep creating demo accounts.

The great thing is that you can have custom indicators or Expert Advisors that can text message your cell phone or sound an alert when its time to make a trade so you can wake up if your sleeping :<)

Topgun

Originally Posted by rwcjunglist

New forex'er here, been using a dummy account on oanda for about a month now and have also found it to lack some charting features. I'mma go check out metatrader now. Its free right? On the download page I see MT4 live/demo. Does the demo part just mean I can't make any trades from it?
Thanks!!

[pipgod]

I use FxSol accu charts for Fib retracements and extentions.

Awesome stuff.

[jeffparks]

I noticed that since I launched my free Fibonacci trading video series a lot of you are trying to use the free broker fib tools “this is a big NO!” the chart versions are reference tools that do not take into consideration other key factors in determining if what you see on your screen is accurate enough to place a trade with ….. my free videos where to inform you on the concept but if you wish to practice it then you will need an application that was made specifically to handle pivot points and Fibonacci re-traces and extensions in one interface and that can calculate if what you have inputted is indeed the correct configuration or not. Not having this edge is a fast way to blow your account on something you no nothing about.

use this link to see what this program looks like..

[topgun]

Not a bad advertisement for your first post !!

[quote=jeffparks;4347]I noticed that since I launched my free Fibonacci trading video series a lot of you are trying to use the free broker fib tools “this is a big NO!” the chart versions are reference tools that do not take into consideration other key factors in determining if what you see on your screen is accurate enough to place a trade with ….. my free videos where to inform you on the concept but if you wish to practice it then you will need an application that was made specifically to handle pivot points and Fibonacci re-traces and extensions in one interface and that can calculate if what you have inputted is indeed the correct configuration or not. Not having this edge is a fast way to blow your account on something you no nothing about.

use this link to see what this program looks like..

[pipgod]

Good shot topgun!

I clicked on the link and my computer locked up. I had to restart. Sweat'n it the hole time. Thought it was something bad. My daughter thought I did it now. Everything is OK. I'm not try'n the link again.

[topgun]

I clicked on it but I didn't have any computer problems . The mods should delete that post since it's just some spammer trying to sell his product. He should atleast earn his clicks by posting something useful.

Originally Posted by pipgod

Good shot topgun!

I clicked on the link and my computer locked up. I had to restart. Sweat'n it the hole time. Thought it was something bad. My daughter thought I did it now. Everything is OK. I'm not try'n the link again.