hello everyone

[Sniper]

Hi there

Nice site! Very informative

I am a plain vanilla fib trader. Love ER2

Congratulations soultrader for a nice-clean cut site.

Regards

[TinGull]

Welcome Sniper! (love the name btw) Look forward to talking about ER war stories and victory stories! hehe

[MrPaul]

	Quote:	Sniper
	Hi there Nice site! Very informative I am a plain vanilla fib trader. Love ER2 Congratulations soultrader for a nice-clean cut site. Regards

Hey Sniper welcome to the site,

I have been noticing the afternoon 50% retracements lately in the ER2, almost picture perfect. What kind of setups do you like to play?

[Sniper]

	Quote:	MrPaul
	Hey Sniper welcome to the site, I have been noticing the afternoon 50% retracements lately in the ER2, almost picture perfect. What kind of setups do you like to play?

Thanks Tingull and Mr paul for the warm welcome!!

My battleground is 5 minutes chart. I also look for the daily chart for overall trend and 60 minutes for intraday swings.

I have a set of rules fitted to my trading style As the fibs, simple yet powerful. I play fibs in it's pure form, no indicators whatsoever. I am a full time trader. I also look for extensions if they fit my strategy. Sometimes they don't.

I also use time cycles as well.

Took me a long time to understand the significance of fibs retracements and when I did it the feeling was good.

Mr. Paul, yes afternoon retracements has been present lately on ER, mostly on the downside.

Always amuses me the simplicity of the fibs.

Of course I respect other's traders opinions and strategies. A you know, fibs are not the holy grail. But they bring food to my table consistently.

Looking forward to hear and learn from you guys as well!!!

Regards

[Soultrader]

Hello Sniper,

Glad to have you on board here at Traders Laboratory. Plenty of emini traders here so will be looking forward to your insights also See you in the forums!

James