OsMA (MACD can be used as an alternative) is standard settings - 12,26,9. EMA is 21 applied to the close. The others are simple MAs - 50 and 200.

Possible you can show an example video
using a daily timeframe on qqqq?
Or whichever index you choose?
Thanks

I doubt I’ll be making any new videos before 2009, though will certainly keep it mind for future ones. I do a free Fib webinar on FXstreet every Friday - glad to look at charts in real-time with you. In the meantime, pull up a daily Dow chart and draw a Fib from 13131 to 10813 - you’ll find that we’ve been ranging between the 161 and 200% extension levels for the past 3 weeks.

Is this a Fibonacci Expansion ?

This is Joe Dinapoli’s idea.

Not yours.

Actually, it was Leonardo de Pisa’s - over 800 years ago. Joe’s a wonderful guy (and a very good friend of mine), but he didn’t invent Fibs. And I don’t believe I ever claimed to have either.

I hate to rain on the parade here..I like what you are trying to do..I just have 1 little problem.
That wasn’t live trading data, you can go into historical data and say “this would have worked here” and “It worked here too” but there will always be a roughly equal number of examples where it doesn’t work. I will say though that since markets are fractal fibbo and Elliot waves do work, but they are no magic bullet. Chinkou span is a more reliable measure of S/R in my opinion.

thanks for your great vids –so helpful
one thing im stuggling with is finding the point “a”s to start my trades from
have always traded indices till now but finding opening times of fx more suitable

great vids and thanks

Where exactly do you enter the trade?
You only know point C after it has dropped, so do you enter after it dropped or wait for it come back up?

That’s right - you see C best in hindsight, but usually there are still more than enough pips left on the way to D. it is nto about nailing exact tops and bottoms (a gabler’s game) but rather about getting the safe 90% of the pips in-between.

dude your videos are amazing ,the best tutorial videos on youtube!

Keep making more!