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Shermenator replied Aug 28, 2008Relax bud...It can simply be taking sellers stops before coming down..
I am short as well....I will now begin hitting the down button on my keyboard lolCable Update (GBPUSD)
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Shermenator replied Aug 28, 2008I have no stop defined ...I will let the market show me when its the right time to look for an exit...you whant to see how price reacts to the swing support levels....you simply whant to look at price action as it heads down to support levels...I ...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 28, 2008GBPUSD — I am short in trade.... My sell stop at 8356 has been hit image
Fibonacci Trading with Bobokus
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Shermenator replied Aug 28, 2008I have a sell stop sitting at 8356 image
Fibonacci Trading with Bobokus
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Shermenator replied Aug 27, 2008I cant wait for this phenomenon begin lol....Its building up the whants lol..
New Mouteki Method...
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Shermenator replied Aug 27, 2008GBPUSD — We have a bearish intraday ....keep in mind our intraday levels are holding nicely ....Its still to early to take a trade in any direction yet. Also keep in mind yesterdays intraday targets did not get hit but as long as we dont ...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 27, 2008GBPUSD — I have taken a 29 pip hit I have now closed my short trade... 50 pips minus 29= 21 pips net for this week.... I have lost the battle tonight...tomorrow will be another day ... Good luck in your trading guys...have a good night. image
Fibonacci Trading with Bobokus
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Shermenator replied Aug 27, 2008I am holding myh short as long as my swing long does not brake....what I mean by this is a close above it... This is my trading plan...this also Includes the personal risk I am willing to take , and as well as the fact that I believe if we manage to ...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 27, 2008Good stuff... I am still holding my short ...price only made a pierce in my swing fibb ....as long as that holds I am holding.... I am down about 14 pips...I am in good shape.. lol image
Fibonacci Trading with Bobokus
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Shermenator replied Aug 27, 2008GBPUSD — As long as my swing long does not brake I will hold my short ....If I loose, its alright...I will look for next apportunity and take my best shot...as long as swing long of my red fibb holds as resistance Ill hold. The reason are ...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 27, 2008GBPUSD — As long as price maintains below intraday short my trade is in good shape......I am gaurding this one since we had a deep retracement into todays intraday as well as support has been proven a good amount of times...I am treating this ...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 27, 2008[quote=hiswords;2186152] I grabbed it from their because its an entire move down..I see it as once swing...when in doubt jump to the 4 hour chart and you can see it as once movement....
Fibonacci Trading with Bobokus
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Shermenator replied Aug 27, 2008Thats to far back for me...sentiment has changed in the market
Fibonacci Trading with Bobokus
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Shermenator replied Aug 27, 2008GBPUSD — I whant a close below 8448 before considering trades back down....I still dont trust the break of the previous candles low....we had a big retracement into the intraday past the pivot ....this shows weakness in the intraday ...if this ...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 26, 2008Cool — Looking foward to peeking around this thread...Hope it makes me a better trader...thank you
New Mouteki Method...
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Shermenator replied Aug 26, 2008Watch price action.....what I mean by this is the fallowing.... Todays a bearish intraday so what you whant to see in the intraday levels is a rejection. By this I mean price stopping from braking previous candles high and begin to brake previous ...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 26, 2008By the time either of those happen you are to late...you are taking a risk of getting cought at the bottom of a move ...you always whant to come in from the inner levels....thats being the intraday levels 38.2, 50, or 61.8. The reason why Is because ...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 26, 2008GBPUSD — Looks like we might be up for another bearish move tonight.....what we need at a later time today is to begin to break previous candles lows... image
Fibonacci Trading with Bobokus
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Shermenator replied Aug 26, 2008Well My remainder 20 percent of trade has been stopped out at break even ...made 48 pips with 80 percent of trade...I have now pulled my swing low to this candles low ...also be aware if we form a pin bar at the bottom as well as if price begins to ...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 26, 2008I have closed 80 percent of short — Have closed 80 percent of short with 48 pips I will let the rest run... image
Fibonacci Trading with Bobokus