...hrly might close below today's intraday short fib. I'll be taking the short and holding overnight with a wide stop with targets between 410-20.

Fibonacci Trading with Bobokus

Bo, out of interest, what would you say your win rate is using the hrly TF?

Fibonacci Trading with Bobokus

The short fib level of the 7th Feb low to 14th Feb high turning price back again.... Perhaps the earlier test short hints that price will head south again soon...some juicy T1s down there to aim for

Fibonacci Trading with Bobokus

I'm with GM on this one. As always though, its your individual risk tolerance that counts, hopefully breeding confidence from your own testing and experience.

Fibonacci Trading with Bobokus

I'm now using mental stops precisely for the reason you highlight. This way i'll only be stopped out when I see a break of the opposite direction fib, rather than a spike/test - takes a bit of getting used to though and of course can only be used if ...

Fibonacci Trading with Bobokus

Hope so, want to ride down to the 410 target, if they'll oblige

Fibonacci Trading with Bobokus

...i struggle with entries using the 1hr too, but if i'm following what BO has been posting correctly there was a rejection of the intraday short fib (as well as a close lower than a longer timeframe swing fib from last week), so this would have ...

Fibonacci Trading with Bobokus

Thanks.

Fibonacci Trading with Bobokus

Yes, longs will be shaking a bit atm. It's moves like this that I have come to enjoy, in terms of sitting on the sidelines, they more often than not offer value to get back in on the more dominant trend....but anything can happen of course. I've ...

Fibonacci Trading with Bobokus

My cable fib map for today - testing Weds resistance now and there's already a close below yesterday's intraday short fib and now testing the longer term retracement pivot. On watch since Frankfurt/London open...mindful of the potential for a Weds ...

Fibonacci Trading with Bobokus

FWIW here's what i'm currently watching (albeit using the 15min). Cleaner now, since the confluence of T1 hits (from active swings from the last few days) were delivered earlier in the session. Closed a decent bag of pips from yesterday's longs at ...

Fibonacci Trading with Bobokus

Thanks for the tip MPP Will use from now on.

Fibonacci Trading with Bobokus

Depends on your view of which fibs are current and which aren't, but for me until support breaks on the green swing fib, i'm biased long. I'm not entering longs atm though because forecasts for the data at 13:30gmt suggest GBP will weaken ...

Fibonacci Trading with Bobokus

Fantastic haul, GM! Your pip skip well 'n truly filled tonight - nice trading

Intra Day Yen - Naked

...having said this, price is once again in the wider range fib zone, so i guess we're in for another battle before we get clearer direction to play off.

Fibonacci Trading with Bobokus

...now if they would be so kind to keep this going and print a more 'orderly' H1 chart through the rest of the week I've found it tough navigating the chop these last few days....today's swing long T1 hit now too @9598...marvellous.

Fibonacci Trading with Bobokus

...getting there slowly, thanks to your posts and guidance. You've helped in changing the way I look at price flow for good now

Fibonacci Trading with Bobokus

...9556 target hit. I'll be looking for further long entries on dips should support continue to hold. The green swing fib high has now broken on the hourly, perhaps its T1 magnet (@ 9578) will begin to exert itself around the news in a few minutes. ...

Fibonacci Trading with Bobokus

...hrly indecision (just printed) right on today's "last hope for longs" support level.

Fibonacci Trading with Bobokus

Thanks for the sanity check

Fibonacci Trading with Bobokus