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Shermenator replied Dec 10, 2008It all depends on how many limit orders are place their as well as how many people are going to short from short momentum shifts on small timeframes....it also depends on how much are you looking for if short at that point.... you see 2 people could ...
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008Yep everything I have in my charts is drawn manually...I dont use anything but fibbs ....everything in the market is support and resistance...I dont use anything but that.
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008If you took the wrong buy stop I gave...your simply buying into resistance .....please dont do that you might get some profit taking at that resistance and we dont know if its going to break out now ..so you might see it come back down since we are ...
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008It can its hitting key resistance ...thats why my buy stop is above the range at 4885... I gave the wrong buy stop a minute ago... PLease look at my picture... image
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008Look at my picture....you guys are in profit at the moment ...if you guys took it by my error please close it right away and take it at the correct price ....look at the picture ...thats the plce my stops are at
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008I meant buy stop 4885 And sell stop 4733 Sorry
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008close it I gave you the wrong buy stop by mistake....!!!!1
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008If needed once in my trade I will start trading against my longerterm trade and make money against it....
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008This is a daily trade so my stop is like 150 pips or so....but I am seeking at least 200 pips... GBPUSD My buy stop is 1.4845 and sell stop is 1.4734 I never risk more then 3 percent but very rarely does the market go and hit my stop full...you will ...
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008GBPUSD — Waiting for either my buy stop or sell stop to get triggered....many orders are waiting at those spots already... image
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008Damm your signature is sick!!!! lol Completly agree
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008All I see its a rnage with no entry direction untill we break out....
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008In what ever direction it moves ....I will jump on it...I dont mind what direction it goes lol
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008Relax bud...let me ask you what are your surrounding in the market a the moment...look at your everiment?
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008Not with you there my friend...1 hour has no direction... 4 hour is a bitt more bearish but already at undecesive point... And daily is bearish... If we brake yesterdays high expect to shoot up....and if we brake yesterdays low expect for it to ...
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008GBPUSD — We are in a nice range...we are stuck betwenn the 50 percent of resistance coming down and the 50 percent of support from the daily.,...the market is stuck....dont be anxious to trade this type of market....its telling us it does not ...
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008Alright guys — Alright guys take it easy...has been another good trading night...I am going to go sleep now... won 2 out of 3.... What matters is winning the day ...
Cable Update (GBPUSD)
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Shermenator replied Dec 10, 2008Alright guys took a 20 pips hit in the audusd short...still had a great trading night.....will be back tomorrow...I will now SLEEP LOL
Fibonacci Trading with Bobokus
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Shermenator replied Dec 10, 2008Look at the charts....dont base your decesion on something else....they are just clues
Cable Update (GBPUSD)