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Shermenator replied Aug 28, 2008You are drawing the trendlines wrong my friend.... the way he drws this is the fallowing way... lets say you have an A and B....then price begins to retrace to c.... at this point you canot draw a trendline ...the trendline can only be drawn once ...
A,B,C,D - 1,2,3,4 System
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Shermenator replied Aug 28, 2008I am currently short in usd/jpy...this comes down to what time your daiy candle closes....Mine closes at 8 pm eastern time this being tokyo session you have to trade with what your chart give you.......I have odl metatrader... image
A,B,C,D - 1,2,3,4 System
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Shermenator replied Aug 28, 2008AUDUSD — What trendlin do you obey?...upward trendline or downward trendline? image
A,B,C,D - 1,2,3,4 System
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Shermenator replied Aug 28, 2008I Completly agree with you...we have a very nice short setup in the 4 hour chart for usd/jpy... If the low of the previous 4 hour candle brakes I will short it... We have a nice candle formation as well... I have a sell stop at 109.34 image
A,B,C,D - 1,2,3,4 System
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Shermenator replied Aug 28, 2008Help — I only see black screen when trying to watch video..
New Mouteki Method...
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Shermenator replied Aug 28, 2008I have closed — I have closed my trade with 10 pips.....this was some hard work haha...goodnight guys my eyes hurt lol
Fibonacci Trading with Bobokus
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Shermenator replied Aug 28, 2008EUR/JPY — Nice set up... 1.Price has completed gartly up....(light blue fibb) hit target 127 2.price broke upward trendline in 1 hour chart forming a head and shoulders... 3. Green fibb is measuring the resistance to form head and shoulders ...
A,B,C,D - 1,2,3,4 System
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Shermenator replied Aug 28, 2008Sentiment in the market has began changin a bitt...even with the bullish news for dollar as well as the bearish news for the gbp...the buyers are holding out their postions making support be found....this is a trading dat that price seems to be ...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 28, 2008Also as long as the news does not change the sentiment in the market it can simply be a spike in the market and then continue with its current downtrend...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 28, 2008Take a look at how everything in the market right now is noise...what this means is taking a trade based on the high or low of any candle is a high risk.The market right now is aiming for everyone stops, and making people close and reverse and ...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 28, 2008Yep...the market is waiting for gasoline to get added to it.....
Fibonacci Trading with Bobokus
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Shermenator replied Aug 28, 2008Its simply breathing...dont look so much at each movement as each candle develops...look at how the candle closes, as well as to what has been acomplished in that hour such candle formations (keep in mind 1 hour candle formation are not as ...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 28, 2008GBPUSD — Took a 1 hour trade as I also trade this time frame...currently short int gbp usd...after evening start formation as well as tweezer tops and bearish engulfing...Plus downard trendline pluss candles are making lower lows and lower ...
A,B,C,D - 1,2,3,4 System
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Shermenator replied Aug 28, 2008GBPUSD — Are short is looking great guys... image
Fibonacci Trading with Bobokus
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Shermenator replied Aug 28, 2008YEP — Yep my friend still holding image
Fibonacci Trading with Bobokus
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Shermenator replied Aug 28, 2008Awsome — Like it...cant wait for the next one....this feels like when I was waiting for the new batman movie to come out lol
New Mouteki Method...
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Shermenator replied Aug 28, 2008Keep in mind we are expecting some bullish news coming up this morning for the dollar so we might no have this extension to the 127
A,B,C,D - 1,2,3,4 System
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Shermenator replied Aug 28, 2008EUR/USD — Seems like will be having a nice setup coming soon....it might go up a bit more based on the 1 hour chart but thene align with the 4 hour chart and shoot back down once gartly get concluded and trendline gets impacted... On first ...
A,B,C,D - 1,2,3,4 System
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Shermenator replied Aug 28, 2008Yep — We are getting railroda tracks...momentum has shifted back to the sellers..
Fibonacci Trading with Bobokus