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.
what next jason ???
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watch for a test of 1.1029 for a chance to short
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prashantfx Jason_Stapleton
okay thnx a lot :-)
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Great staff, i took it as well on my practice account as i am still practicing.
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TheBlanco951 TlhogonolofatsoLawrenceSebat
try backtesting forward testing to increase your learning curve a lot quicker =)
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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.
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love that 1.618 extension
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wow...great...but i dont understand....will figure it out later..thanks for sharing...
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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
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Jason_Stapleton PRO peter.kralmail
You will have to define "reliable price action" for me.
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RyanHorner Jason_Stapleton
LOL i'd be interested in that definition too :)
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Nice.. Took that trade yesterday and bagged +150pips. good work!!
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don't understand it... but i think you have a secret here :)
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Looks like a good topic for a you tube video
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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?
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How do you position your stop loss for this trade?
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Hmmmmmmm....
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i call this "news-luck"
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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.
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Vostiothenjo Jason_Stapleton
Ok sir
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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,
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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 saw you on RT news. Nice commentary and looking good.
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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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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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