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Shermenator replied Dec 8, 2008you cant....you simply try and ride the waves as they perform...I never have a bias when I trade...I simply navigate price as it changes...if price goes up I go up and vice versa lol...I dont care if its reversing or not...
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008Yep thats great man...I have a bitt of a different syle of trading ...but what matters is that we make pips ....great trade once again...
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008Yep agree if you used a limit order then your sitting in top of the cash.....good stuff man....I simply did not like the fact the market gave me long wicks on the 1 hour chart and that does not fit my style of trading ...so I will wait for a setup ...
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008lol — I rather miss a good trade then be in a bad one...will wait for more information from the market
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008GBPUSD — Wont join you guys from the 1 hour chart in the short...the market just gave long wicks on both sides so I will wait for a better indication from a larger time frame...
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008yep....I am preety close to joining....we should reach 4860 if we surpass the area...I will trade against my remaider 10 percent of my longer term long postions .....and make some money on the way down as well
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008GBPUSD — Now the market is starting to change a bitt of gears lol....dont be anxios to jump on it yet ...let the market prove to you its changing...it still has 20 min image
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008Good stuff man...hope you took the long I gave
Fibonacci Trading with Bobokus
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Shermenator replied Dec 8, 2008yep your short is good...just a bitt early the market is yet to shift gears.....its still making higher higs and higher closes
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008GBPUSD — Yep dont short yet the market has not shifted gears like I said yet....wait for the market to stop trading higher at least in the 1 hour chart... image
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008Np goodnight everyone....and let the pips be with you hahah...see you guys tomorrow If I see something worth trading...
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008Alright guys goodnight — Alright guys goodnight./...this 1 hour candle low brakes and some short will come in to revist the 4900 at least...I have made my pips long so I will call it a night....good trading and hope to see you guys tomorrow...
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008Nice area to throw a sell limit....I expect some longs to take profits....my daily long is out 90 percent already so everything here is a bonus...and yea your short is great ....but a bitt to early for me ....I whant to see a little shift in price ...
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008That fibb is simply meusring the last daily wave form....I trade every time frame as long as it looks clear....1 hour and up....and I take trades against my trades when needed each trade has its own target so I dont do this is to hedge in no shape ...
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008Lol — See what happends when price hit fibbs ...they react to them nicely...they work image the market is still trading higher by all means...everything in between the hour is noise.....
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008Yep I dont need anything but fibbs...they are the key to everything I do in forex....they are money makers lol
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008Yep I am 18 years old started trading when I was 17 ....I am about to turn 19 soon though
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008GBPUSD — Currently up over 200 pips...price has now reach some resistnace...expect some sell off since the longs will now take profits again lol..here you find lmit orders..I am done trading for today I will let this ride as long as It whants ...
Cable Update (GBPUSD)