Jason_Stapleton

A completed example of how the Fib inversion workes

FX:EURUSD   Euro Fx/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.
prashantfx
a year ago
what next jason ???
+1 Reply
Jason_Stapleton PRO prashantfx
a year ago
watch for a test of 1.1029 for a chance to short
+3 Reply
prashantfx Jason_Stapleton
a year ago
okay thnx a lot :-)
+1 Reply
Great staff, i took it as well on my practice account as i am still practicing.
+3 Reply
TheBlanco951 TlhogonolofatsoLawrenceSebat
a year ago
try backtesting forward testing to increase your learning curve a lot quicker =)
Reply
RobertasBandza
a year ago
I was actually trying to trade this as bat, but price never reached my entry and dropped. A bit salty about this but oh well.
+2 Reply
Jimmy212
a year ago
love that 1.618 extension
+1 Reply
tupaitrader
a year ago
wow...great...but i dont understand....will figure it out later..thanks for sharing...
Reply
peter.kralmail
a year ago
so you entered trade on fib. expansion without reliable price action? I´m just asking, because I don´t know if you candlestic is important for you to entry or not
Reply
Jason_Stapleton PRO peter.kralmail
a year ago
You will have to define "reliable price action" for me.
Reply
RyanHorner Jason_Stapleton
a year ago
LOL i'd be interested in that definition too :)
Reply
mrdspa
a year ago
Nice.. Took that trade yesterday and bagged +150pips. good work!!
+1 Reply
don't understand it... but i think you have a secret here :)
+2 Reply
williamwyndham
a year ago
Looks like a good topic for a you tube video
Reply
Bugdung
a year ago
I actually took this trade using your method Jason, it works a treat, the only one point im a little confused on is what dictates the stop loss? i considered at the previous structure high but then chose to place it at the fib expansion of 2.0 as considered that a beter risk reward & also an invalidation of an inversion trade as if it breaks the 2?
Reply
MaverickPerry
a year ago
How do you position your stop loss for this trade?
Reply
Vostiothenjo
a year ago
Hmmmmmmm....
Reply
attilol
a year ago
i call this "news-luck"
+3 Reply
Vostiothenjo attilol
a year ago
Lol
Reply
Vostiothenjo attilol
a year ago
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...
+1 Reply
Bugdung Vostiothenjo
a year ago
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.
+1 Reply
Jason_Stapleton PRO Vostiothenjo
a year ago
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
a year ago
Ok sir
Reply
VijaySanghishetty attilol
a year ago
Hey Jason..,
I absolutely agree with the term "news-luck"..,
I have no intention to pass a negative emotion on your strategy., neither can i question a strategy without full knowledge and hands on experience on it.

However picking up an ideal price movement from past and advertising a strategy does not speak high of a trader or a strategy.

Please don't drain away the reputation and brand built up for TradeEmpowered with these marketing stunts.,

By the way I watched your training videos on youtube., I liked them., I believe you are a good trainer.

Cheers,
Reply
Bugdung
a year ago
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! :)
+1 Reply
Valdor
a year ago
I saw you on RT news. Nice commentary and looking good.
Reply
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
Reply
DKrastev
a year ago
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?
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out