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Shermenator replied Jul 6, 2008Any currency you guys whant me to look at I will be glad to do so... Like this I can explain how I place the fibbs and you guys can see what I look for when I enter trades and how I filter certain information.
Fibonacci Trading with Bobokus
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Shermenator replied Jul 6, 2008Yep i first need to see my intraday break before thinking long or pulling the trigger in that direction. It also depends at what time of the day the break comes if not I simply wont trade it. Depending on what I see near franky open I will know what ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 6, 2008GBP/USD — Looks like a reversal is to come.... We do have a new bearish intraday but keep alot of factors here.... First price has impacted the swing pivot to the pip and found support... Second price did not meet its bearish intraday target ...
Cable Update (GBPUSD)
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Shermenator replied Jul 6, 2008Dont forget!!!! — This day should be treated like a scalp since we are still locked in a bigger swing be aware of this...If in doubt zoom out and trade the bigger timeframe swing and you will see today would be trading from b to c in the ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 6, 2008GBP/CHF — Seems to me like price is searching for a biggeretracement before shootting back .... Short terme bearish... Midterm is more bullish.... Possibel head and shoulders in the making... image
GBP/CHF and USD/CHF
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Shermenator replied Jul 6, 2008GBP/USD — To me what the most important intraday is the most recent intraday. Not every cycle has to completed but you must keep aware of weakness ahead of price. Or the fact price did not hit its target for friday could mean a deeper ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 6, 2008GBP/USD — Looks like a reversal is to come.... We do have a new bearish intraday but keep alot of factors here.... First price has impacted the swing pivot to the pip and found support... Second price did not meet its bearish intraday target ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 3, 2008Completion of excersice 1 of 7 — This is how I would place my swing fibb to a take a trade of the first blue arrow in my first picuture...You have to options that you can look at as a swing ( first picture below is the first swing then below ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 3, 2008Intraday fibb and swing fibb excersice 1 of 7 — This is the first excersise and here I show how i would move my fibb day today and the first day is june 3 intraday fibb...(after 7 days of example I will go back and begin explaing the use of ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 3, 2008Guys — I am going try to explain fibbs the way Bo uses them to my best ability ....I will do one fibb at a time and I will slowly add the other fibbs.... I will begin with the intraday fibb and hope this helps... __________________
Fibonacci Trading with Bobokus
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Shermenator replied Jul 3, 2008Goodnight guys and happy trading...Hope post above helps.
Fibonacci Trading with Bobokus
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Shermenator replied Jul 3, 2008GBP/USD update — Overall bullish....Price has bounce from a daily 38.2 fibb( green arrow represents the bounce of daily fibb)....Second price has broken downward channel....You can place a buy stop and sell stop on the spot the arrows are ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 2, 2008Also prices bounce of a 38.2 fibb from daily chart....I will analyze and place a chart later on
Fibonacci Trading with Bobokus
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Shermenator replied Jul 2, 2008remeber nofarm comes out tomorrow...dollar is not doing good...market will slow down early
Fibonacci Trading with Bobokus
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Shermenator replied Jul 2, 2008THat right but know you are looking for longs since intraday broke...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 2, 2008I use gft to place my live trades...they work very well.
Fibonacci Trading with Bobokus
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Shermenator replied Jul 2, 2008That was the second support swing you should have moved your low the next higher low...Also you need to see what the market is showing you in the 1 hour chart...(keep in mind price had broken the intraday 61.8 levels...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 2, 2008Look at the post above...and let me know if that explains it i held it....But worse case scenerion you could had reenter it....Its not about wins or losses its about how much money you put in the bank...Als keep in mind bad news was expected for the ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 2, 2008Swing post 3 — Ok once the trade was not looking so hot I moved my swing to the recent swing and keep in mind as willing to hold my short as loing as the counter fibb to intraday did not break...though i was moving my swing fibb to get ...
Fibonacci Trading with Bobokus
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Shermenator replied Jul 2, 2008I wait for a close on the other side of the 61.8 I will hold it thue the pierce....I will not let it get past the 100 or 0 level.. I will post another post on the swing fibb right now....this is going to be the thrid one...
Fibonacci Trading with Bobokus