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Shermenator replied Aug 7, 2008GBPUSD — Once again if I am cluttering let me know and I will stop posting updates on how I am trading the currency and what I am looking at in price... Well as we can see price is perfectly holding at the pivot of my closes tear of support I ...
james16 Chart Thread
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Shermenator replied Aug 7, 2008Nope I trade support and resistance... l already have a trading plan for tonight...as well as I have a stop and reverse set...news can only push up or down....it either we have a support failure or a resistance failure
Fibonacci Trading with Bobokus
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Shermenator replied Aug 7, 2008GBPUSD — Not liking the fact that price failed to close above the high of the swing... image
Fibonacci Trading with Bobokus
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Shermenator replied Aug 7, 2008GBPUSD — take a look at how price is still finding support....as long as price continues to make higherhighs and higher lows momentum is still found for the bulls... If lows start to crack it would be because momentum has shifted for that ...
james16 Chart Thread
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Shermenator replied Aug 7, 2008Yep I agree....though take a look at how price is still finding support....as long as price continues to make higherhighs and higher lows momentum is still found for the bulls... image
Fibonacci Trading with Bobokus
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Shermenator replied Aug 7, 2008GBPUSD — have brought up my sell stop ( that means I will reverse If hit) I have also brought up the closes tear of support and will watch price action if it decides to come back down a bitt... image
Fibonacci Trading with Bobokus
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Shermenator replied Aug 7, 2008GBPUSD — I have brought up my sell stop ( that means I will reverse If hit) I have also brought up the closes tear of support and will watch price action if it decides to come back down a bitt... image
james16 Chart Thread
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Shermenator replied Aug 7, 2008GBPUSD — Price can run out of volume around this area ....if you are long you can close your scalp in this area ..... image as well as this counter swing targets....you what to be aware of all this areas since you dont whant to loose in a ...
james16 Chart Thread
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Shermenator replied Aug 7, 2008GBPUSD — Price can run out of volume around this area ....if you are long you can close your scalp in this area ..... image as well as this counter swing targets....you what to be aware of all this areas since you dont whant to loose in a ...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 7, 2008
LOL Price can run to 9533 the first swing end at that point in the gbp usd...then 9544 lets see how much volume and speed we have after impacting the first target since intraday pivot is on the way....at price 9529...pivot means 50 percent ...james16 Chart Thread
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Shermenator replied Aug 7, 2008Lol never have a BIAS....since your Bias is short no matter if the market screams at you long you wont take it lol... let price show you the way Yep it has helped me greatly to know the future supports and resistance...It a tool similar to fibbs the ...
james16 Chart Thread
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Shermenator replied Aug 7, 2008Guys sorry If I am cluttering a bitt with fibbs ...let me know if you guys whant me to stop since this is not a thread based directly in fibbs but more into price patterns...
james16 Chart Thread
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Shermenator replied Aug 7, 2008GBPUSD — I have moved my sell stop to the previous candles low... You can place a buy stop above 9514 as well as a sell stop at 9482... One trade has more probabilty then the other and thats the brake short....Its with the trend ...If you ...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 7, 2008GBPUSD — I have moved my sell stop to the previous candles low... You can place a buy stop above 9514 as well as a sell stop at 9482... One trade has more probabilty then the other and thats the brake short....Its with the trend ...If you ...
james16 Chart Thread
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Shermenator replied Aug 7, 2008I see you have the reversal of the daily below in one of you pictures good stuff this is my daly chart below...I dont have my swing firm on it since I know the location of it in my head ( dont like cluttring) I use the same chart with everything on ...
james16 Chart Thread
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Shermenator replied Aug 7, 2008GBPUSD — I have a sell stop waiting for me below the previous candles low... I will move each hour to the last candles low as of right now...as long as 9514 does not brake..If it does brake we are stairsteeping up and I will sit down and make ...
Fibonacci Trading with Bobokus
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Shermenator replied Aug 7, 2008GBPUSD — I have a sell stop waiting for me below the previous candles low... I will move each hour to the last candles low as of right now...as long as 9514 does not brake image
james16 Chart Thread
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Shermenator replied Aug 7, 2008Yep its deadly....take a look at this pdf file I am sure you will like it....Its a vey powerfull tool...Its called the Master Bar... file We have a master bar in the 4 hour gbpusd right now....Thats why if 9514 goes expect buy stop to be ...
james16 Chart Thread
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Shermenator replied Aug 7, 2008GBPUSD — GBPUSD I did not take the break of the break of the Inside bar...I dont trust it ....Its a bearish intraday (yellow fibb) Anything againt the intraday levels is treated as a scalp untill price brakes the 61.8 fibb ...not with the wick ...
Cable Update (GBPUSD)
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Shermenator replied Aug 7, 2008GBPUSD — GBPUSD I did not take the break of the break of the Inside bar...I dont trust it ....Its a bearish intraday (yellow fibb) Anything againt the intraday levels is treated as a scalp untill price brakes the 61.8 fibb ...not with the wick ...
Fibonacci Trading with Bobokus