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Shermenator replied Feb 24, 2009Alright hope you you guys did not take the audjpy....their might be jut a little more pushing left on it....I personally dont think it will have enough streght to make it to the next level of resistance... image
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Shermenator replied Feb 24, 2009EURJPY — This level will probably ready to get strenght back in the yen.... I will mention if I pull the trigger... image
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Shermenator replied Feb 24, 2009If your stop i broad it wont get you ...if its tight most likely it would run you over...becareful though good luck
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Shermenator replied Feb 24, 2009Yea it will be good to maybe short...but not yet it might still pull up higher after the close their is still to much strenght in the aud over all I would wait more since the yen is not getting strenght back yet
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Shermenator replied Feb 24, 2009CHFJPY — If price can push this high today the odds are that yen will be ready to gain some strenght ...so you can look at this as a probability... image
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Shermenator replied Feb 24, 2009The yen is to weak at the moment to stand in front of thats why I did not get in front of it myself...I am waiting for a bigger push up
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Shermenator replied Feb 24, 2009Mostly likely it will over run it a bitt...be carefull image
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Shermenator replied Feb 24, 2009Like I said dont stand in front of this yet the next level might be getting ready...I will mention if its getting ready image
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Shermenator replied Feb 24, 2009Just move on and keep on trading the same way. Your asking yourself as if you made an error . If it work for 2 weeks and had one flaw are you trying to create the holy grail system? trading has losses so aslong as that loss did not take all your ...
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Shermenator replied Feb 24, 2009Be carefull with this pair at the moment ....I still see some more strenght in the eur and weakness in the yen...I thought by this level the table would swap more but they have not yet....it might go deeper...You see the amount of things that have ...
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Shermenator replied Feb 24, 2009Well higher timeframes have crappy levels as well ...every time frame you look at has very powefull levels of its own ...meaning that even if you go to a higher time frame like daily or 4 hour ..I whant you to still look for levels that completly ...
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Shermenator replied Feb 24, 2009Pay attention to yen pairs for strenght....also be aware to stand in the markets only at strong levels not crappy levels since it will most likely pop you...this are not the conditions to be playing around with crappy levels, they never are but ...
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Shermenator replied Feb 24, 2009EURJPY — Here is something to defently start looking at.... image
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Shermenator replied Feb 24, 2009alright eurusd might give me another go at it..looking at a bitt of price action
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Shermenator replied Feb 24, 2009nope took my lost I closed it lol...simply next trade
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Shermenator replied Feb 24, 2009Update — Alright I am currently down about 25 pips in my eurusd lets see how it plays out... image
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Shermenator replied Feb 24, 2009Aslong as you execute your trading plan thats what matters...goodluck in it
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Shermenator replied Feb 24, 2009you cam in long when the market was moving up ...decreasing the probabilty of th emarket sustaining since investors stay away from buying high since its not a bargain at the moment...good exit though
Fibonacci Trading with Bobokus
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Shermenator replied Feb 24, 2009EURUSD — Alright I am short in the eurusd... image
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