Wave Surfer - Trading Journal 32 replies
TEB: Retracement Wave Surfer System 156 replies
please please help going mad 4 replies
Mad Money ... Mad Market? 3 replies
DislikedPlease don't share personal info here
As far as Bo's fibo I like the one labled" bobokus fibo", the monthly and weekly as well, all of the other ones are too tight, meant for a 5 min chart or somthing.Ignored
DislikedHere are my Favorites, The ones that seem to work for me and my style.Ignored
DislikedEJ daily, we have a candle above Bo's weekly fibo long
8 crossing the 13Ignored
Disliked4h we also have the 13 crossing the 100 and the the candle has crossed the long fibo from the last swing down.
look for resistance from the last high (redline) and the 200.
all sings point north but I would wait for the interest statement before trading or jump in now and ride it out.Ignored
DislikedThe fibo long is the top of the blue rectangle, so it has already been hit signaling a longIgnored
DislikedSo here are all of Bobokus fibo's so you can add them yourself,
I dont like the indicator so much because I like to draw them manually.
T is target
R is resistanc
S is support
Fairly easy
T5 4.236
T4 2.618
T3 2.382
T2 1.618
T1 1.382
HIGH 1
R1 0.809
LONG 0.618
PIVOT 0.5
SHORT 0.382
S1 0.191
LOW 0
T1 -0.382
T2 -0.618
T3 -1.382
T4 -1.618
T5 -2.382
If you have MT4 Draw a normal fibo on your chart
then click on objects list, select fibo, select edit, go to parameters
and add them in manually. It take a few minutes but its worth it.
Most of the settings are already there you just have to rename them and
add the others.Ignored
DislikedEJ went up to the 4hr 200ema then reversed, These are tough market conditions, It's hard to leave any position open for any length of time, so until this corrective period is over it will be scalping for 20 pips and running. looking mostly at the hour charts and then zoom in to the 15 min to get a clearer picture of where the price is in the fibo's. This is temporary.
Once the markets settle down it will be back to day trading.Ignored