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Shermenator replied Jul 14, 2008GBP/USD update — I am currently short on the gbp/usd even though are intraday levels are bullish I have a tight stop ....worst case I will reverse...momentum is still holding on the bearish side.....Pricae action is showing me this plus upward ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 14, 2008eur/usd — I have moved my stop to the previous candle high nd that places me at b/e lets see what happends....
Fibonacci Trading with Bobokus
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Shermenator replied Jul 14, 2008EUR/USD — My short on eur/usd has taken of plus it has braken the swing low lets see if it has enought to push to its swing target....I will close at that point and if anything reenter later ... image
Fibonacci Trading with Bobokus
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Shermenator replied Jul 14, 2008GBP/USD update 4 — This is yet another update on the gbp/usd as you can I have mved my swing and see if support has decided to hold or not ...If support hold I will backing the break of the swing high and vice versa I will be taking the brake ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 14, 2008EUR/USD — I am currently in a short in the eur/usd and treating like a scalp ince its against our intraday levels. Keep in mind the broken trendline plus the head and shoulder forming.... Either way its still treated like a scalp since its ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 13, 2008GBP/USD update 3 — I will wait for price to show me that we have had a real bounce by proving to me that support is holding.....to do this I will use my swing fib like I have on the image and will keep on pulling up untill price makes a ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 13, 2008GBP/USD update 2 — Price has stair stepped down....it reach one of the swing fibb targets....lets see if we get some consolidation attempting to find some support....Its on the bearish momentum for now but remember its still to early but as ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 13, 2008GBP/USD update 1 — We have broken todays first swing fibb seems like we are going to have a deeper test to our intraday levels. If this happends keep in mind the bulish momentum is stairsteeping down so be aware of this. No matter what it is ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 13, 2008Broker — The metatrader Bo uses for the candle close is Interbank fx.... The one I use is Odl metatrader it has the same closes as interbank fx plus it gives me oil and gold thats why i use odl... Their both great.I used to us alpari myself ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 13, 2008I belive they can if you always simply focuse on the high and the low of the previous day. But remeber what he is grabbing is the swing that took place the previous day and sometimes it can go back more then 1 day by a few candles or even into the ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 13, 2008I believe we will find many sell orders sitting closer to price 1.6018... Some main large fibb cycles finish their cycle at this point as well..... image
EURUSD
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Shermenator replied Jul 13, 2008USD/CHF — Thanks... Update on usd/chf Looking bearish as well and we hav come up to major support level at price 1.0129 the 50 percent fibb a break of price 1.0238 would be the spot that if it breaks with a candle on the other side might cause ...
GBP/CHF and USD/CHF
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Shermenator replied Jul 13, 2008EUR/GBP — I am back and I will start posting my analysis again.... Overall is a bullish bias.... Keep in mind some larger swings are hitting its trargets but price will let us know what to do... Lets see if price finds support at the intraday ...
EUR/GBP Trading Room
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Shermenator replied Jul 13, 2008GBP/CHF — Looking bearish oveall. we have broken a major upward trendline plus closed below a 61.8 swing in daily this might give a run for 2.0010 in longer view but we do in fact have a major support level at price 2.0166. Our intraday levels ...
GBP/CHF and USD/CHF
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Shermenator replied Jul 12, 2008I move my intraday sometimes just incase price decides to stop at the smaller intraday targets based on only high and low of the prvious day . But If I am going to take a reversal to the intraday levels I rather get the the whole swing even it goes ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 12, 2008Welcome back bud — I am glad you are back, we have the pro back lol... Alright bud i see the gbp/usd update you did. I see it very similar. I see you like to keep your charts as clean as you can and I am working on doing that. Here is my ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 12, 2008On the gbp/usd I would have used this swings low and that would have also been my reversal point to head short if in fact I had gone long. image I wil look at usd/chf later on today bud and see what i would have done.
Fibonacci Trading with Bobokus
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Shermenator replied Jul 11, 2008GBP/USD update — Today we reversed our intraday levels. I took no position on the gbp last night due to the fact I did not trust the short. And i got to ride the Aud/usd long last night for good pips. GBP/USD update Today will be key to see ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 10, 2008GBP/USD update — Price is now attempting to head down if price closes be low swing fibb 61.8 its a confirmation we reacted to 61.8 from intraday and place us below intrada levels and below trendline again... If swing breaks we might get a good ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 10, 2008GBP/USD update — No clear direction in the market yet. Looking slightly more bullish. Broke downward trendline and making higher highs. Current position standby image
Cable Update (GBPUSD)