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- ChowClown replied May 14, 2008
30min eurgbp long setting up for the open of next 30min bar/candle....good luck if you take it....4hr setup is setting up SHORT, so caution required.
"The Pip Nailer". Any time frame, any pair
- ChowClown replied May 14, 2008
...T1 just filled. It can do what it likes now with the 20% runner.
Fibonacci Trading with Bobokus
- ChowClown replied May 14, 2008
Yes, good point. I'll see where this hour closes and may do the same. Scrappy couple of days on GU.
Fibonacci Trading with Bobokus
- ChowClown replied May 14, 2008
...still in this short from yesterday (gbpusd). 10 pips away from T1 now, where i'll take 80% off and leave the rest to run which will be tracked with the resistance fib.
Fibonacci Trading with Bobokus
- ChowClown replied May 13, 2008
ODL feed again on the 30min eurgbp...long signal pending. Good luck if anyone takes it. Edit: Stop moved to breakeven...don't want to give anything back at this stage of the session. It can do what it likes now. Again, i'm using a 138.2% fib ...
"The Pip Nailer". Any time frame, any pair
- ChowClown replied May 13, 2008
I find it's worth having a few different MT4 feeds running...this trade being a good example why.
"The Pip Nailer". Any time frame, any pair
- ChowClown replied May 13, 2008
I've been monitoring 15 pairs on their 30mins today (i'm not using the dashboard atm) and the usdjpy short has been the only 'nailed' setup, which to my mind is a good thing, helps stamp squarely on the overtrading demon. I'm watching using ODL's ...
"The Pip Nailer". Any time frame, any pair
- ChowClown replied May 13, 2008
80% of the trade now off for +95. A pleasing start to the testing. I'll leave the 20% runner and follow price with a fib on the developing swing, pulling up as new highs are made. An hourly close below it's 61.8% level will take the runner out.
"The Pip Nailer". Any time frame, any pair
- ChowClown replied May 13, 2008
..still in with stops at breakeven now. I took the trade a couple of hours ago and will let it run it's course through the news. If a signal came within 30 mins of a 'red' data release, i would stand aside. Edit: Using yesterday's range, i will be ...
"The Pip Nailer". Any time frame, any pair
- ChowClown replied May 13, 2008
usdjpy in the process of signalling long...i'll be taking this as a first test trade at the open of the next 30min bar/candle. Edit: Long filled and i've now moved stops to breakeven. Will let this run it's course as UJ has a significant amount of ...
"The Pip Nailer". Any time frame, any pair
- ChowClown replied May 13, 2008
Took a loss of -59 on the earlier short and now back in short on the re-break after the news. Pulling the resistance fib tool as price edges down, to gauge exits.
Fibonacci Trading with Bobokus
- ChowClown replied May 13, 2008
I'm now short off yesterday's intraday, with stops currently above overnight resistance....going to let this run for now and will reverse on any break of resistance.
Fibonacci Trading with Bobokus
- ChowClown replied May 12, 2008
Hi, completely new to the thread but having just read the rules, the way i read them, your trade wasn't valid - the AO and AC should change from one colour to another (red to green or green to red) as well as the PSAR switch, on the same candle, to ...
"The Pip Nailer". Any time frame, any pair
- ChowClown replied May 12, 2008
Nice one, Mike. Hope your demo trading continues to do well and that you're ready for go-live soon
ATB.Fibonacci Trading with Bobokus
- ChowClown replied May 12, 2008
Nice trading
...i took a risky (low stakes) short earlier in the session, on the break of Friday's low and was stopped out 2hrs before the news for -41. I didn't set a limit order at the long fib, i'm waiting now to see if support will ...Fibonacci Trading with Bobokus
- ChowClown replied May 9, 2008
Yes, looking better now. I have an intraday T1 at 9464, where i'll be taking off 80% and letting the rest run by following price down with the resistance fib. I'll let the market take out that 20% on an hrly open above the resistance long fib level.
Fibonacci Trading with Bobokus
- ChowClown replied May 9, 2008
Yes, my stops are currently above the overnight resistance. I'll reverse long with an hrly open above yesterday's intraday long fib (>9576). Edit: The penetration above the last hrly inside bar/candle doesn't look too promising for shorts...if it ...
Fibonacci Trading with Bobokus
- ChowClown replied May 9, 2008
Hi, i took the short too earlier....as Bo said yesterday, the 500 level is a tough nut to crack.
Fibonacci Trading with Bobokus
- ChowClown replied May 8, 2008
how are you identifying the daily trend for purposes of this strat?Powerful Fib Based System - by DAZfx