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Shermenator replied Jun 26, 2008GBP/CHF — As you can see in my first picture price is bouncing around major support levels and its in a pennant....Bouncing between trendlines... Daily Chart image 1 hour chart...Overall is bearish price hit its intraday targets of ...
GBP/CHF and USD/CHF
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Shermenator replied Jun 26, 2008BO — Bo how did you trade it last night. I used my swing fibb to hold my trade i knew i could have held it as long as my intraday levels held. How do you make decision of weather to hold your trade to the swing or to the intraday. image Now ...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 25, 2008GBP/USD — My intraday is the green fibb price 9768 to price to 9654.... I have taken myself a long at the bounce of the intraday long.... I am fallowing price with my swing fibb and will continue to pull it up .... Keep in mind price rejected ...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 25, 2008At the break of the range between the intraday high and 5658...if we rejets high again we have a double top...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 25, 2008Bud Iam not Bo and I am sure he will answer your question either way. The reason is you dont move your intraday for the rest of the day. What the intraday shows us is how much price can move the next day and the location of that. What you first had ...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 25, 2008EUR/USD update 1 of 3 — Alright I will begin with my 4 hour chart The reason I am starting with this chart is so that in fact price continues upward be aware of this targets since price might slow down in that area and you dont whant to get ...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 25, 2008Thanks bud I will now give an update on eur/usd
Fibonacci Trading with Bobokus
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Shermenator replied Jun 25, 2008Also dont forget that price has found resistance at the counter movement of the intraday fibb...this is the fibb I am talking about ...red fibb...61.8 image
Fibonacci Trading with Bobokus
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Shermenator replied Jun 25, 2008EUR/USD — No i had set stop since i was sleeping.... If not i would have still held my trade if you move your swing since price is using it as support now... If you are still holding a long this is in the long trade.... image
Fibonacci Trading with Bobokus
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Shermenator replied Jun 25, 2008EUR/USD CLOSED — I have closed my trade with 8 pips.... I can hold but market might slow down for the news event and I am happy with 8 pips since once again they are made during sleeping second i wont gamble a trade on news event...Its a ...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 25, 2008EUR/USD Update — Eur/usd is holding support at the intraday long today but ranging...Also price has also found support on the daily retracement short.... I have placed a buy stop at price 5579.... I will be taking price back and will be ...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 25, 2008GBP/USD update 3 of 3 — I completly agree with you bud...i would be looking for a brake of the intraday high with a pierce and i would fallow it with my swing if its worth holding... And on the bearish side i agree only untill my intraday ...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 25, 2008When you move you intraday from day to day ( it has a target to complete and that is t1 of ither side. If neither side does not get hit withing 24 hours that means the market has no sure direction and is left open for a reversal...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 24, 2008GBP/USD update 2 of 3 — We have gone into some consolidation ....and i feel like its been produced from the swing from fridays high to mondays low (red fibb) swing fib... So for me their is no trade since its locked in range. Also look at the ...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 24, 2008No prob bud...you are welcome to joing are fibb group. We practice everyday and its free. We also analyze the market at night. ITs free so dont worry we have been doing this for about 2 months. We all learn together and you are welcome to joing. You ...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 24, 2008Bud in the first page on his first post if you look at all of his youtube videos...in one of them he explains the part of how to place the daily fibbs
Fibonacci Trading with Bobokus
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Shermenator replied Jun 24, 2008GBP/USD update 1 of 3 — Weekly chart.... image I choose to put this chart up for the reason so that you can swee the location my trendlines are coming and so that you can also see the places i placed my fibs. Daily chart... image What we ...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 24, 2008ztep — Also bud your intraday fibb is from the previous day swing its ussually the high and the low of the previous day....... The intraday that you plased is not an intraday but a swing of support. What you need to do is move your swing fibb ...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 24, 2008When the swing long broke that was the trade mate...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 24, 2008GBP/USD — If my swing fibb breack and my trendline brakes i will be shorting based of the intraday level 61.8 fibb pluss the fact that we would then be below the in intraday short.........Also if this does happen dont forget to move your swing ...
Fibonacci Trading with Bobokus