Jason_Stapleton

A completed example of how the Fib inversion workes

FX:EURUSD   Euro / U.S. Dollar
A couple days ago I presented a potential fib inversion trade that we never made entry on. Here is an example on a lower time frame. We took this trade yesterday in the Syndicate. This is not a trade "idea" so to speak but rather an illustration of that the trade should look like.
Jason, could please tell us if the Fib inversion trade uses only 1.618 or are also 1.27 and 1.414 possible as turning points?
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snapshot


Hi Jason,

I love your stuff. I decided to try my first Fib Inversion trade today (on demo, haven't backtested it yet), on the USDCAD 1 hour,
and you can see for yourself how it played out. It never looked back. :)

Would you mind emphasizing how you put your stops and targets on this setup?
I decided to put my stop at fib 1.13 above previous high, and target on retest of previous low. Only 1 position.
Considered using 2 positions with targets at 0.382 and 0.618, but that would give a reverse RR for first target in relation to where I put my stop.

Best regards,
Kjetil
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I saw you on RT news. Nice commentary and looking good.
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Well said Jason, there is always 'that guy' on the internet waiting to troll!!, to balance the negativity on my quest to make the internet a better place let me say you have helped me a GREAT deal in my trading Jason and turned me around from the point of almost giving up and calling it a day! :)
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i call this "news-luck"
+3 Reply
Lol
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Its easy to go back in the charts and choose a nice setup that fits your strategy and do a screenshot on that then say your strat works...
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Bugdung Vostiothenjo
It is indeed, it's also easy to be negative and dismissive of a new idea, so go back and test this strategy yourself before making a uneducated opinion on it, see if it works or not and then decide for properly if this strategy is made to fit.

I've followed hundreds of hours of this guys FREE training, i've used his strategies myself to a large degree of success and never one had one reason to believe he has an ulterior motive behind helping others become better traders.
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You missed entirely the reason for this post. I even noted in the description that this was not a trade idea but rather an example of what a completed trade would look like. I did this because I recently posted a trade that we were not able to make entry on and I thought this would help clarify through the use of a "perfect example"

And let me make very clear that there is no way to validate a strategy other than to test it yourself. I'm not posting ideas here to try and prove to you what a good trader I am. I'm doing it to try and help you. If you don't want my help don't follow what I do. But don't be condescending and dismissive of what I'm trying to do just because you're jaded.
+9 Reply
Vostiothenjo Jason_Stapleton
Ok sir
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