thanks Paw300, it looks like a great system also.
Quick Question. Does the paining of a new dot nullify a trendline? I was going to go long on this break but it just painted a new blue dot.
hi Traderjosh, the new dot is not confirmed yet so you must disregard it for now untill its followed by a red dot. At that point you can redraw the trendline using the new blue dot.
thanks
Just thinking here. If you were in a trade on the 5m chart and a reverse signal appeared with a broken trendline on the 1 min chart, would hedging be an option? That is if you have a broker that allows such action.
Just some thoughts here. I see that we could filter out some bad trades based on the angle of the trendline. If a trendline is very sharp up or down, a break of this trendline might be a false break. I think this would be something to consider and maybe a filter in your mind when deciding to take a trade or not.
I am also thinking that it is a good idea to only take trades that are going in the direction of the current 1h or 4h candle.
Woke up to this!
1st Lot TP hit from Fibo drawn from the first 2 confirmed dots at point of entry. 63 pips and a cup of coffee, nice 
And 2nd lot hit TP derived from fibo drawn from next two dots after trade was underway. 90 pips and a slice of toast, also very nice
Just food for thought, but maybe we could narrow down the best pairs for trading the Sydney and Tokyo markets?
That looks good paw3000, especially in a nice wide ranging day. I checked it out against my fav M15 EU and there were some excelent trades that I would have missed. But also there were some triggers that would have stopped me hitting my TP, closing out a trade un-necessarily to open another in the other direction that would have made only a very few pips and then reversing again. The fibo targets I like are very hard to plot as well with so many signals. Plus IMHO I donāt think the indicators actually filter either, they seem to just support the move rather than filter out potentially bad trades.
But in the spirit of the thread if we can put it all together to max out the pips then that would be awesome. Although my trades worked yesterday they are a bit WTF and perhaps not as calculated and clinically executed as some people would like. I would love to nail the retracements better and have confidence to add more open orders during a trade.
Keep up the excellent work. Thanks
Great trading madmkiv. Our first webinar was great, caught a quick 10-12 pips very quickly and another 2-3 pips later for a total of 15 pips within 2-3 hours. We will be trading live again Sunday night / Monday Morning at 2am EST. Thanks to all who came out.
Did you manage to record any of it so we could watch it back?
Hi Blizard,
I have been actively following this thread with interest and have tried the strategy out with some success. I am however quite intrigued by your fib pull back trades. I fully understand how you draw the fibs (from last two confirmed dots) but not exactly sure how you enter the trade - are you waiting for a dot to form and if it is in the fib target area enter the trade or do you wait for a confirmation candle to signal the reversal?
Thanks
iāve watched part of the webinar, unfortunalty with no sound and only with partial attention but would love to assist a recording
it seemed the eurjpy trade was negative, right?
Bads results today on GBPUSD, EURUSD, USDCAD, USDJPY.
Maybye because itās friday ?
Same for you ?
Thks
(sorry for my bad english)
yes, you are right. my system give more signals, for less pips, and more false signals too. it works nice when there is not a clear trend, in strong trend markets i trade against for only 3-5 pips with tight stpl, and looking for 10-15 with the trend. I said thats still not as good and acurate as blizards one. The heiken ashi is more a visual support than other think, but i like it. Yestarday was a good day, normally stochastic uses to filter more trades, but yes, is still not a save filter. I have been trading with fibos for a long time, but i was looking for the 68/38 lvls. 23/76 looks nice! now im trying with other support/res. indicators that gives less arbitrary signals, if i find somethingthat works i will post it.
there a fibo trade at 38/68 lvl, today, eurusd min 5 chart (the purple one)
yestarday was better, but today im still positive. However I only trade eurusd, and sometimes gbpusd, when eurusd doesnt bring enought signals.
what are your best pairs?
I dont like usdjpy, it is too slow for me, and with eurjpy-gbpjpy i found too much false signals. Maybe usdcad could be a good option.
I think so, i never normally have any trades go well friday afternoon (GMT Time) but thats me, i avoid friday afternoons, friday mornings are usually good for a few pips.
I find this strategy works well with all pairs, but there are some more equal than others from what i can tell.
EURUSD, GBPUSD, AUDUSD, USDCAD, EURGBP, USDCHF are pretty safe ones. I do trade the JPY pairs, but i have considered dropping them due their spread being higher than the others, but it still works fine for me.
There are lots of other pairs, but i think providing the spread is not too high and the pair has lots of movement going on for the time of day you trade, you should be fine 
I am contemplating trading the JPY pairs during the Asian session to see what happens, but thats a long session with having to go work afterwards.
Does anyone trade the Asian or Sydney sessions out of interest?
Thanks for the Webinar Blizard, very much appreciated, pity i could not come back 
great webinar last night guys very educational and entertaining lolā¦ just enterd a quick long trade watching obama talk smack about europe lol ā¦ cheers its time to relax weekends here
regrds ALEX