thanks sandybeach, and so you dont do fibs you just do the breakouts?
Hi sandybeach, I went to the the link you posted some while back for the ZCOMFX daily trend. At that link was a historical chart showing the indicators signals. IMHO they were very laggy and missed a lot of potential trades at lower time levels. Itās always the way going with a higher time frame trend, you will miss some lower time frame action and possibly get whipsawed on higher time frames. I think this system is very good for what it does and I personally donāt think it needs a different ābaby sitterā indicator looking over it. Maybe if you want to use a higher timeframe trend indicator then why not simply trade the higher time framesā¦
My H1 trade stop out, -29
Manage to get in with another 2 trades,
2nd trade, M5 Long, enter at 61.8 Fib, out with +15
Missed another entry on M5 at break of TL.
3rd trade, M15 Short at break of TL, out with +34
infinipipz that was a real shame about your H1 trade, I thought that was going to be the trade of the year! Never mind eh, plenty more winners to come 
I noticed that if I had drawn my M15 EU fibo off the confirmed dots (shown below) instead of the unconfirmed red dot (see earlier posts) it would have targeted out perfectly at -61.8 for even more pips than I got. Itās always difficult to know where to put the fibos, confirmed dots or last unconfirmed dot as you take the trade. I guess practice and experience will tellā¦
Yes but i would advise using the Fibs for better acuracy as this does work well.
Hi the (ZCOMFX) Daily Indicator i only use to give the direction of the daily trend for that pair, not as a signal indicator. I donāt base entries on it, i only use it so i only open trades in the direction of the indicator (daily trend). So far it has helped me stay out of alot of loosing trades and in general i prefer to only trade in the direction of the daily trend.
The advantage of trading with the daily trend is your more likely to have a winning trade.
Just personal preference. Take a look at my previous screenshots i posted and your see my charts are quite clean, only SwingZZ and Daily Trend Indicator and Stockneonās EA
Great trading guys, and thanks SandyBeach for taking the time to answer all of these questions. Trading breakouts and fib pull backs with profit targets set to 161% man-o-man, you guys sound serious, hedge fund anyone?
Some nice trades on the EUR/USD today, the boxed arrows represent fib pullbacks, the unboxed arrows represent breakouts. Combine the 2 and you will never be too bored.
thanks
System seems to have worked nicely on M30 today after the big swings. This was the only signal I could find that was worth tradingā¦
I think we can do better than the hedge fund guys lol
No problem glad i could help Blizard. I do like your clean screens madmkiv 
I know you guys wonāt believe this butā¦
I have honestly doubled my account in 2 weeks. Live trading no demos, the real deal. Saying this is probably āthe kiss of deathā now as I decimate my balance but so far Blizard this system in all itās glorious simplicity absolutely rules! Thank you.
I can believe you ! My demoās show similar results just be careful in trading dont get greedy or take bigger risks i dont want anyone loosing money
Well done though!!
Hi madmkiv,
Are you trading only using confirmed dots and breakouts of the lines? You only use 15 min timeframe? In this case whic parameter are you using for zzswing indicator 2 or 3 or what?
Great work madmkiv, i wish to continued success!
Another trade taken tonight on A/J. I entered a long on a pullback to the 76% line. I set my TP @ 9 pips but once again, it went 60+ pips higher than my entry. The news was obviously a factor but I will probably start closing half to lock in pips while letting the rest run to take advantage of a bigger move.
Definitely use confirmed dots only, so you have to be patient. As soon as a new dot appears draw a line using the two previous dots before the latest new one. Make sure that you draw a line between dots of the same colour.
I use only one zigzag indicator which is swing_zz_with_alert with minBars set to 3 and SignalAlert set to true. As soon as an alert pops up you can draw a new line between the last two dots of the same colour (but NOT to the new dot!) I change Colors 0 to none so there is no line showing between different colour dots that may distract you.
Also you can use a very simple but effective EA called ZZ (provided in this thread) with min_bars set to 3 that will draw the lines for you. Sometimes it is a little slow drawing the lines after a new dot appears but it does do it for you.
I have had success using EURUSD only and timeframe M15. Hopefully M15 will continue to be successful for me but this is Forex, possibly the most difficult trading market in the world so things may change which is why I like to use this thread.
Good luck
First of all. Thank You to everybody who has been contributing to this Thread. This is my first post on this thread but I have been lurking and reading. I was wondering if anybody has noticed a difference in profitability when the trendline is basically flat rather than diagonal? Just wondering? I went ahead and took a trade on the Gbp/Usd 5 min and it went for +2 pips and I closed it out because I was unsure if the trendline was too flat (horizontal) and if the first dot was going to act as support. I have also checked out the fib strategy with the 68-73 level pullback and it sure looks good. Please Keep posting everybody, donāt let this thread ever die. BTW I am in west coast USA timezone. market moves the most when I am supposed to be asleep. 
Just took this trade short usd/jpy 4 hr chart (live, but small micro risk). Used above the 61.8 level for entry. Lets see how it goes.
EU M5, 2 shorts:
- At at the break of HL, SL to BE at the moment
- At 61.8 (pending limit order). Out at 1.618
both order with SL above last blue dot.
EU H1,
Short at break of up TL ? or Long at 61.8/76.4 ?
blizard, madmkiv and others, appreciate your view and comments
tq
Iām loving your exit at 1.618 on the M5, good job
H1 could go either way, thatās whatās so good about this system, let it decide for youā¦
