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Shermenator replied Dec 8, 2008GBPUSD — great way to start the week I am up over 200 pips... image
Fibonacci Trading with Bobokus
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Shermenator replied Dec 8, 2008Yep they are great...this is how I make my income day by day lol....I am an 18 year old guy that simply loves forex and this are the tools that make me a great income.
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008you see if your longterm short then this move up is nothing to your anlysis...your stop can be 2000 pips....the market has no bias except impulsive movement that you simply have to try and ride....thats why never have a bias since it will keep you ...
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008GBPUSD — I am up 120 pips at the moment...now its a good time to start taking some profits guys...dont be dumb and give it back lol ...DONT LOOSE IF YOU CAME IN AT THE PRICE I SAID TO COME IN PLEASE good trade guys the market could collapse ...
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008GBPUSD — Relax guys if your still long ...price is simply reacting to the 38.2 fibb....people are closing longs and sellers are coming in ....price action is still on our side and the market is still trading higher....if anything I might take ...
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008I just whant you guys to make some money so I have decide to give some of my personal trades....hope you guys like it
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008GBPUSD — Nice trade we took hope you guys took it....we are looking for an easy money trade...never have a bias and simply fallow price...we are now hitting an area of resistance but we should be able to test deeper... image
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008Cool my friend...you might find me taking trades in both directions lol ....each trade has its own limit and stop lol make money in both directions
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008This is simply an area that longs will take out profits and you might in fact get some bearish movement ...but at that point you have to treat the market scalpy in both directions since you dont know if the new push up is simply a retracement to the ...
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008I am seeking your R3 area ....I dont know what that is lol but my analysis seeks that area as well...good stuff
Cable Update (GBPUSD)
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Shermenator replied Dec 8, 2008Hope you guys took the long I mentioned earlier in the thread...goodluck and let the pip be with you guys
Fibonacci Trading with Bobokus
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Shermenator replied Dec 8, 2008GBPUSD — Hope you guys took the long I have been giving all day ...let the pips come in image
Cable Update (GBPUSD)
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Shermenator replied Dec 7, 2008Hey whats up man....yea I see the target behing your reasoning but that would be expecting to much from this long...the market still has to many challenges in the way due to the fact we still have a bearish mindset in the market so we still need to ...
Cable Update (GBPUSD)
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Shermenator replied Dec 7, 2008Yes you always place your fibb from 2 points a key high and a key low...you always whant to make sure you are grabbing the points that most obvios since those are the levels more respected.....always look for levels that look at clear resistance and ...
Cable Update (GBPUSD)
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Shermenator replied Dec 7, 2008They are no indicator ....its all fibbs all I did was change colors to the fibbs and change the fibbs from numbers to names...all I use is fibbs.
EURUSD
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Shermenator replied Dec 7, 2008Hey if you can be a bitt more specific with your question and I will be more then glad to help you.
Cable Update (GBPUSD)
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Shermenator replied Dec 7, 2008Nope you can grabb your fibb tool in your chart and start drawing...simply change the colors so you dont get confuse lol...keep in mind I only use 38.2, 50, and 61.8 fibb as well as the 138.2 fibb and 161.8 fibb...good luck....if you have any ...
Cable Update (GBPUSD)
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Shermenator replied Dec 7, 2008They are all fibbs....I jut changed it from displaying numbers to names....the 38.2 means the market is in a short condition the pivot is the 50 percent being the central point and if price surpasses the 61.8 its in a long condition...this is if the ...
Cable Update (GBPUSD)
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Shermenator replied Dec 7, 2008GBPUSD — Seems like the market is getting closer to my buy stop at price 1.4776 image
Cable Update (GBPUSD)
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Shermenator replied Dec 7, 2008EURUSD — This is a pair not worth trading at the moment....if it looks crappy from a large timeframe as a daily that means it s not worth trading from time frames smaller then ...stay away and miss this wave and then join again once its ...
EURUSD