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Shermenator replied Jun 10, 2008EUR/USD — If the first swing breaks Red one I am expecting a run for the high and that is the intraday pivot green fibb...we also have our 24 ema around that are so I am expecting a sell off around that area.....worst case scenerio i will take ...
EURUSD
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Shermenator replied Jun 10, 2008GBP/USD — Well we had a nice short day and i was able to ride some of them .... Now toady price has a reached a bottom and i expect a pullback at least to my intraday short (38.2) Fibb that is the area of my 24 ema....most like i will be ...
Cornflower Hourly System
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Shermenator replied Jun 10, 2008Ye bud it was great i took at it the breack of the high 106.83 and aim for my intraday t1 and that was 107.10....i play big fibbs with this...my succes rate is very high the way I use them...
Cornflower Hourly System
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Shermenator replied Jun 10, 2008gbp/usd — If you fibb the high and the low of the previous day and look at the target of that the market does not ussually move past that in one day....you ussually get a pull back once they are meet. You only go to t3 and t4 on other days ...
Cornflower Hourly System
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Shermenator replied Jun 9, 2008GBP/USD — I am in short looking for the low of yesterday....if we get a close on the other side of the intraday low...i will stack my trades and rish my profits...I would aim for the intraday target... Be aware of price action at upward ...
Cable Update (GBPUSD)
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Shermenator replied Jun 9, 2008GBP/USD — I am in short myself...I am aiming for yesterday low at least... image
Drawing correct resistance and support-lines
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Shermenator replied Jun 9, 2008GBP/USD — Like i showed on my above post. I am aiming for the intraday low and so far I am up 15 pips ... image
Malaysia
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Shermenator replied Jun 9, 2008If anyone whants me to look at any currency i will be glad to do so... Trying to revive the tread.
Cornflower Hourly System
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Shermenator replied Jun 9, 2008GBP/USD looking like a reversal day — Gbp/usd seems like the levels of support are not holding .... asso i havce a cross of the 8 and 12 ema. if price 9708 i am expectina test of yesterdays low....Price has also reacted nicely to the downward ...
Malaysia
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Shermenator replied Jun 9, 2008GBP/USD — Price is still holding at our 24 ema but seems to not have enough moment to hold as of right now. My 61.8 Fibbs is still holding...as long as my levels hold i will still think bulish ...price is also respecting a downward trendline. ...
Cornflower Hourly System
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Shermenator replied Jun 9, 2008GBP/USD — Seems to me like price is attempting to establish some support but for me it is still not enough for a trade.... I am waiting for my macd to go green as a confirmation as well... 1 Hour Chart image 5 Minute Chart I do not give ...
Cornflower Hourly System
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Shermenator replied Jun 9, 2008AEDIAZ1 — Hey i would like to know if you can show me an example of how you start analyzing a currency with several picuteres. For example lets say you do the gbp/usd can you show me how you would start analyzing it from start from the weekly ...
Drawing correct resistance and support-lines
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Shermenator replied Jun 8, 2008GBP/USD — This is an addition to my post above. Also if price breaks the low of 9682....that swings target match up with our intraday long.... That means we should have alot of buying pressure based on that fact. Second be aware if this does ...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 8, 2008GBP/USD — Price has over moved and it is a bullish Bias since our intraday levels our bullish. I will trade this back to the retracement levels only if price shows me this at a later time. Also be aware that 9777 holds major resistance and you ...
Fibonacci Trading with Bobokus
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Shermenator replied Jun 8, 2008Look at this site they have headlines of important information. It does not hurt to look at it once you have innitiated a trade just incase something unexpected happends as someone important speeks or such. url Look into the macro section and you ...
How to Become a Successful Forex Trader
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Shermenator replied Jun 8, 2008Yea i agree — Agree with Shaimius specially in the part of not adding to your lossing position . The reason you add to is because you believe the market should head your way now. In reality you are simply enetering a new trade trying to ...
How to Become a Successful Forex Trader
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Shermenator replied Jun 8, 2008Gbp/usd,usd/jpy,gbp/jpy — My trading thoughts for the upcoming open. GBP/USD... Expecting a pull back to the intraday levels (green fibb) since currency well moved since the we had nonfarm....... We have a bullish bias in this market at the ...
Malaysia
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Shermenator replied Jun 7, 2008Well you use an alternative approach such an automated trader and that removes the psychological part and that has its advantages and disadvantages... but what happends to traders that dont use automated trading is that the psycological part kicks ...
How to Become a Successful Forex Trader
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Shermenator replied Jun 7, 2008Umm — Not trying to catch everywave makes a huge difference.You have to realize the market wont go anywhere if you just dont trake a trade. Dont over expose your account. And like my Bud BOBOKUS tells me its better to miss a trade then to ...
How to Become a Successful Forex Trader
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Shermenator replied Jun 6, 2008GBP/USD — Bo can you please let me know if your intraday level would be like this or would you keep on pulling to the highest high since we have not had a retracement.... First chart is the first way i would place them image Now the second ...
Fibonacci Trading with Bobokus