Yea it can work just not a trade I would take myself but if you have good money management and its part of your plan then its good

Fibonacci Trading with Bobokus

Yep everything works in trading ...the key thing is the one driving the system and having solid money management and understanding you wont be right all the time. Liking the tools you work with is extremly important since some traders like simpler ...

Fibonacci Trading with Bobokus

GBPUSD — Alright here is my update for todays trading in the gbpusd ...well I know I have like 15 different colors of fibbs but really the key thing is looking at price reaction... If you look at my main downtrend fibb (red fibb) we can see we ...

Fibonacci Trading with Bobokus

AUDUSD — Hope you guys cought the gbpusd short last week I mentioned.. Will be looking to buy AUDUSD at around 90.78...will be seeking some demand around this area. We also dont have much news early in the upcoming week so dont see much risk ...

Fibonacci Trading with Bobokus

GBPUSD — Will be looking to short in the upcoming days at around 1.5450 in the meantime I might consider buying the dips...once I see how the sentiment for the week comes in... image

Fibonacci Trading with Bobokus

Yea man everything is alright it was fixed already.

Fibonacci Trading with Bobokus

Results — Total growth for Feb was 6 percent . Looking foward for next month

Fibonacci Trading with Bobokus

Took a 2 percent lost in the market today and thats fine. Will be looking to see how the market develops and looking foward for the next trade. Risk to reward is key in this buisness you get that down and you can make a living out of this. Next ...

Fibonacci Trading with Bobokus

USDJPY — I am now long in the usdjpy..... will watch price action evolve...depending on how we move I will see if I need to stop and reverse... image

Fibonacci Trading with Bobokus

yep I agree. I will probably wont buy the close of the candle since then my risk for reward is not so great...I might take a retracement to the close depending in how we close in a couple of min

Fibonacci Trading with Bobokus

USDJPY — Getting ready to invest in the usdjpy if things keep it up...will be waiting to get closer to stock market open image

Fibonacci Trading with Bobokus

Yep I completly agree it should go up around here...I am waiting to get some sideways movement in the usdjpy to make sure its actaully really calmed down. Since we do have very strong down pressure from todays movement but we should see some profit ...

Fibonacci Trading with Bobokus

Thanks mate any help you need just let me know..

Fibonacci Trading with Bobokus

just woke up lol to see myself loose my long but won the reverse postion ...total in the trade break even...crappy trade did not fight while I slept lol

Fibonacci Trading with Bobokus

USDJPY — Currently looking to buy between 90.80 and 90.30 in the usdjpy looking to get a reload to the uptrend... We should get some speed in the market at around 5 am today and 5 :15 we have the German Ifo Business Climate report and ...

Fibonacci Trading with Bobokus

Alright I have now closed my shrot postion that was a reversal from last week. Dont like the price action. image

Fibonacci Trading with Bobokus

Well I use structure as my key way of entering the market. I also use price action if for some reason I am not convinced that a support level should hold with out confirmation of price action. So for example if I see a support level or resistance ...

Fibonacci Trading with Bobokus

USDCAD — Just took a look at how the market opened and my current short position in the usdcad is working alright . Keep in mind this trade was taken as a reverse postion after taking a small loss on friday after buying the usdcad. Seeking to ...

Fibonacci Trading with Bobokus

There always a chance. The only thing that matters is risk to reard nothing else.

Fibonacci Trading with Bobokus

USDCAD — Alright now I believe the usdcad is ready after pushing the traders around in the accumulation structure. I am now placing a limit order around 1.0440 and stops below this weeks low. I am only risking 1 percent of my account if I get ...

Fibonacci Trading with Bobokus