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Shermenator replied Jul 30, 2008GBPUSD — I would be cautios on taking the rejection of the intraday levels( yellow fibb ) when we had the break of the low of the previous candle(yellow arrow) simply because of news coming out soon and based on forecast supprt should hold.... ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 30, 2008GBPUSD — I would be cautios on taking the rejection of the intraday levels( yellow fibb ) when we had the break of the low of the previous candle simply because of news coming out soon and based on forecast the support levels should hold.... ...
Cable Update (GBPUSD)
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Shermenator replied Jul 30, 2008Closed — I feel like momentum has dies out I have closed with 20 pips long...I dont whant to overexpose my account.. Total for night 35
Fibonacci Trading with Bobokus
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Shermenator replied Jul 30, 2008Good trades — I feel like momentum has dies out I have closed with 20 pips long...we might get a retracement to the swing.....I am done I will let my pips seat in the bank. Total for night 35 Goodnight
Cable Update (GBPUSD)
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Shermenator replied Jul 30, 2008GBP/USD — I have pull my swing fibb up to the high of this candle to get the closes support levels to price... image
Cable Update (GBPUSD)
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Shermenator replied Jul 30, 2008GBPUSD — I have a mental stop below the last candle simply because time of day news is coming out so market might slow down. Also trading against intraday levels should be treated like a scalp and last I have made pips in my first short trade ...
Cable Update (GBPUSD)
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Shermenator replied Jul 30, 2008GBPUSD — I have a mental stop below the last candle simply because time of day news is coming out so market might slow down. Also trading against intraday levels should be treated like a scalp and last I have made pips in my first short trade ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 30, 2008GBPUSD — Currently still holding my long price action is still in my direction....this will be my last trade for the day...Up 45 for the night so far including short... Remeber dont overexpose your account to the forex...it can hurt you... ...
Cable Update (GBPUSD)
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Shermenator replied Jul 30, 2008I dont judge price in any direction, I fallow what is showing me with reaction to fibb levels...because If I do then I have bias and will miss trades.
Cable Update (GBPUSD)
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Shermenator replied Jul 30, 2008GBPUSD — I have now squeezed price to the closes tear of support to see how price responds and if its worth closing at break even or holding... I dont use a stop...I let the market show me when the right time to stop and reverse or simply take ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 30, 2008GBPUSD — I have now squeezed price to the closes tear of support to see how price responds and if its worth closing at break even or holding... I dont use a stop...I let the market show me when the right time to stop and reverse or simply take ...
Cable Update (GBPUSD)
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Shermenator replied Jul 30, 2008Still holding my long looking good... Watching price enter intraday levels... I will hawk price action now and make a decision based on what I see... image
Cable Update (GBPUSD)
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Shermenator replied Jul 30, 2008GBPUSD — Still holding my long looking good... Watching price enter intraday levels... I will hawk price action now and make a decision based on what I see... image
Fibonacci Trading with Bobokus
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Shermenator replied Jul 30, 2008I made pips going short and now I am going up....I posted in my last post..
Fibonacci Trading with Bobokus
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Shermenator replied Jul 30, 2008Currently Long made 15 on the short but price action told me to reverse lets see what happends...also a W formation forming and bad news expected for dollar tomorrow... image
Cable Update (GBPUSD)
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Shermenator replied Jul 30, 2008GBP/USD — Currently Long made 15 on the short but price actio told me to reverse lets see what happends...also a W formation forming and bad news expected for dollar tomorrow... image
Fibonacci Trading with Bobokus
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Shermenator replied Jul 29, 2008I use the channels exactly like Bobokus tought us in this thread....Its on page 277 ,post #4155 he explains in rich detail how to use it . If you have any questions on it feel free to ask me I will try an help at my best
Fibonacci Trading with Bobokus
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Shermenator replied Jul 29, 2008Well I use a tool called Linear regression channel....its a tool like fibbs you manully place them...and everything else you see in my chart is fibbs.... Here is my template...I only use stuff tought by BOBOKUS so everything in my chart is tought in ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 29, 2008GBPUSD — Here is a 4 hour chart of mine how its set up....we have broken out of major move up ....and we also ended a bullish move up that started on july 24 and ended this morning with the big drop.... image Here is how my chart looks from ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 29, 2008GBPUSD — Its a Bearish Intraday keep in mind it should make somewhat of a pullback but if later at night price brakes south with momentum and I believe that is the way then I will let price tell me if I am wrong or not. If I am wrong I will ...
Fibonacci Trading with Bobokus