Just by looking of my picture lets say thats a loss...would it perfectly be fine to simply reenter once again price began to brake lows in my picture and fallow it like you just showed in your post....so basickly I choose a high and a low prior to ...

Fibonacci Trading with Bobokus

Bo — Bo here is a look at the usdchf...you see my green arrow points out the location a short could have taken place and thats taken the break of the candle low with my green arrow...now my question is would you use the candle you use to take ...

Fibonacci Trading with Bobokus

EURUSD — I am currently looking for shorts in this currency and any postion I take long I will be treating as scalp untill we break 3583...at this point I will begin looking for support to hold to trade back into the daily resistance levels... ...

EURUSD

This needs to revive once again

PowerTrading/The River

I know the pin stuff and formations but only look at them on the large timeframes since candle formations in low timeframes are noise...what we trade in this thread is support and resistance ...so I dont trade in a direction unless certain supports ...

Fibonacci Trading with Bobokus

I do not use his trading Ideas to put my trades...I simply know the rules they have on their system so what I do is when the trade I take with Bos system matches up with theirs I show it ....the way I trade is all on Bobokus thread...and one thing I ...

Fibonacci Trading with Bobokus

Thanks

Fibonacci Trading with Bobokus

Thanks and yea I trade live...the way I trade is all due to Bobokus...I have been learning from him for a while now... as back as when the thread was still in the early pages

Fibonacci Trading with Bobokus

You see look at the day movement... If you look at the candles prior to the candles high I took all the candles had continue to brake lows..and the last candle prior to the one I took had give a long wivck at the bottom showing the momentum was ...

Fibonacci Trading with Bobokus

your basing it on the uptrendshort....the market trend is down and their is yet to be a single indication that its going to reverse since we are yet to have a single resistance failure...once resistance failure of smaller swings take place ...

Fibonacci Trading with Bobokus

I took at the break of the 1 hour candles high....I drop to the 1 hour chart to trade the retracement to the 4 hour swings depending on the trade... The break of the high of the candle I took is the place I when long at.. image

Fibonacci Trading with Bobokus

Very nice trade...I did not like because it did not show me high probabilty and I only like high probabilty trades but very nice trade

Powerful Fib Based System - by DAZfx

Dont have a bias its either resistance holds or support holds...dont get ahead of yourself we still have alot of hours left in the day and resistance is yet to brake

Fibonacci Trading with Bobokus

If you whant to short you can have a sell stop below the previous candles low ....ask yourself the question is it really worth coming in on whats left of friday and are you willing to maybe hold it over the weekend... I am currencty long in the ...

Fibonacci Trading with Bobokus

News — The news event will only matter if its strong enough enough to change the sentiments besides that it is simply a spike and then returns with its current trend...I trade mostly 4 hour so I personally dont bother with news

Fibonacci Trading with Bobokus

USDCHF — Looking like a great setup for short in the making... image

Powerful Fib Based System - by DAZfx

USDCHF — Looking like a great short in the usdchf... image

Fibonacci Trading with Bobokus

USD/CHF — Pay close attention for short... image

Powerful Fib Based System - by DAZfx

No clear direction in either way...true scapling only... image

Powerful Fib Based System - by DAZfx

EURGBP — This is a current short I just took on the the eurgbp... image

Powerful Fib Based System - by DAZfx