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Shermenator replied Jul 21, 2008GBP/USD — I got this from someone in another thread but its main source is forexnews.com The sterling will be heavily impacted by this week’s UK economic reports given the implications for Bank of England policy decisions over the coming ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 21, 2008GBP/USD — Price has found support at the intraday levels...it has also broken out of the downward channel its currently going for its first taret of the day again....We also have a bullish head and shoulders forming...and a double bootom ...
Cable Update (GBPUSD)
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Shermenator replied Jul 21, 2008Yep we made it to page 300!!! — Update on gbp/usd Alright so what we have today is that price has revered our intraday . We are also in a range between the 4 hour pivot and retracement long... Though we seem a littel more for the reason we ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 21, 2008EUR/USD — EUR/USD I am currently long but aware of the major levels of reistance. I will let price tell me either to hold it or close....price action is key... Also like the head and shoulder forming plus the fact price broke the downward ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 20, 2008GBP/USD UPDATE — Price has managed to shift back to the bearish side by closing once again on the other side of the intraday level short, even though price closed on the other side of the intraday short I wont trade it simply for time of the ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 20, 2008BoBobos are freind Greatyves uses S1 and R1 I think this levels are 23 and 76 percent fibs. BOBOKUS let me know if you use them still, Or you simply know the location of them in your head and treat them like another tear of support or resistance ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 20, 2008EUR/USd update I will give it a shot at explaining it in the same way you did Bo...I have a couple of extra fibbs that I would normally not have since I would use my swing fibb to keep it simple but just for the explanation they will be up. Well to ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 20, 2008Awsome stuff....I learned alot out of this post. You look at taking price from level to another level and you let price tell you if it held as resistance or not. You never have a Bias but and idea of places price will give you the direction based on ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 18, 2008GBP/USD — My gbp/usd update we have a bullish intraday setting up for sundaw open....also keep in mind this seems to happening do to the larger timeframe swings that are coming in place. We have a 50 percent fib from the daily swing. But once ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 18, 2008GBP/USD — I waited till priced showed me the tweezer tops and I reacted based on what I saw .....I hope ths was what you would do BO... I have also now pulled out my swing fibb since I whant to see if my trade is worth holding on the short ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 17, 2008GBP/USD — Bo this is my GBP/USD update hope is good my freind.. I feel like today might be a day that the intraday levels wont hold as resistance though if at 2 am they do I will go int that direction since I have no Bias I will let the market ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 17, 2008GBP/USD — Bo I have here our intraday levels as you see I have now placed and intraday for the reson that Its 2 am and franky open and I whant to know what really is going on with price....I see price rejecting the pivot nicely....What I am ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 16, 2008GBP/USD — Alright this is my setupfor todays trading let me know what you think... This is my dailychart.... I removed my uptrend fibb since right now I dont need it and serves no purpose....I price comes back down then I would use it.. I am ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 16, 2008eur/gbp — its to early to say anything....we do have a bearish swing and a support line coming up. I will see if my resistance levels hold if not I will look at the resistace levels coming all the from all the movement down... image
EUR/GBP Trading Room
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Shermenator replied Jul 16, 2008BO — Ok bud I have 2 arrows on this picture on trendlines. Should I forget about trendlines when analyzing completly or how do you do it. For example I know the one that broke is to vertical and has less importance since consolidation could ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 15, 2008BO — Bud this might be dumm but lets say this swing breaks whats comes up to your mind about short or long? Would it be more short since pice is stairsteeping and found support at an intraday level but yet not enough to start holding in ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 15, 2008gbp/usd update — I know whant to see if support is still holing or its simply the retraacement to counter fib to the intraday . I have placed a swing fibb here to see if support is holding or not...The reason I did not take the early bounce is ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 15, 2008Got it bud...In this market believe every trade should be treated like a scalp since it can always reverse at some points. The other thing I need to do is stop picking tops and bottoms. If the market whantst to continue I should not set a limit in ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 15, 2008Bo — have a question bud. I have realised that grabbing the last swing in the 4 hour chart can give you the real important swing and the main support levels or resitace levels. So i think the combination of it with our intraday fibb can give ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 15, 2008GBP/USD update — I have not taken the long today after the break of high simply because I dont trust it since we are yet to make a retracement....Keep in mind we have the daily resistacen at price 2.001 and keep in mind we did not manage to ...
Fibonacci Trading with Bobokus