to many thing have to happen before that ...I can see price reaching low 800 withing a one days movement...I dont like to think to much ahead to many things can happen.....you also have to look at the fact price range the prior day showing a ...

Fibonacci Trading with Bobokus

At this point I am only considering taking the break of the high due to the fact we are yet to have a retracement deep enough into our intraday levels...I would like a deep retracement...Let the market show a clear point of direction before pulling ...

Fibonacci Trading with Bobokus

Its bearish as of right now... this is from the information I get in odl since I dont get all the data... image

Fibonacci Trading with Bobokus

USDCHF — This is the currency to keep your eyes attatch to it lol....I am looking foward to taking a long in it if price action supports what I see... image

Fibonacci Trading with Bobokus

I only take trades 99 percent of the time at least untill 1 hour before franky opens....the reason are because during the asia session the highs and lows of candles are not respsected the same.. meaning you get more noise from price action as well ...

Fibonacci Trading with Bobokus

Nope I am not long yet its to early...trading 1 hour at this time is gambling and I dont gamble when trading...(used to do that when I started lol )....price action will let me know

Fibonacci Trading with Bobokus

Also what you whant to look at is that if it retraces that deep the down move is geetting weak since it making a deep retracement to a 1 days movement....as well as putting you above a 38.2 support from the daily chart...meaning I would look at the ...

Fibonacci Trading with Bobokus

By then I will make my long profit already lol...

Fibonacci Trading with Bobokus

GBPUSD — This is my analysis on gbpusd... We have comed to a pause after having a couple of nice bullish days....we come to a daily resistance 38.2 that will now begin to test the move we had up over the couple of days...if we begin to brake ...

Fibonacci Trading with Bobokus

Cool ...I am more then glad to give back to this thread after learning so much from this thread now for about 10 months now...this thread will make you guys great traders if you stick with it

Fibonacci Trading with Bobokus

Goodnight — Alright guys I will now take my leave and go back to sleep ...see you guys tonight...if you guys have any questions I will be more then glad to help...If I dont answer it for some reason BOBOKUS will...he is just about 10 times ...

Fibonacci Trading with Bobokus

look at my last post....also place your swing to your intraday fibb....we had already had a support failure meaning odds are the day had become bearish at that point.....I was looking for short only except if price managed to close above the ...

Fibonacci Trading with Bobokus

Simply time of day...only take trade in the 1 hour chart when momentum and volume is high...if you are trying to create a reversal like that on a days movement meaning you take the break of the short you whant to take it when alot of traders are ...

Fibonacci Trading with Bobokus

Bo would of taken the trade at the spot I took it...you always whant to take it inside the zone...not once price leaves because by then you have missed a good portion of the move and you can get cought at the bottom of it...

Fibonacci Trading with Bobokus

When the candle with the arrows low broke that was the short...hope some of you guys took the trade I mentioned... image

Fibonacci Trading with Bobokus

The trade you took was riskier their was no space to trade intraday in it...you are locked between large fibbs...thats the reason why I did not take it or even considered taking the gbpusd as an intraday trade... and the difference between the ...

Fibonacci Trading with Bobokus

I am looking for intraday long in eurusd and audusd...those levels are not as important anymore... I have closed majorty of both of my trade with 110 pips I let the rest run... I am up 240 pips for this week including yesterdays trades...It has been ...

Fibonacci Trading with Bobokus

you whant price action to confirm what you are looking at...thats why we take breaks of high or lows

Fibonacci Trading with Bobokus

My trades — I am getting close to my major target on this trade and will let the rest run... image Audusd still runnning short image Currently up 65 pips between both trades

Fibonacci Trading with Bobokus

My current trades — EURusd short image and AudUSD short image

Fibonacci Trading with Bobokus