Fibonacci Trading with Bobokus | Page 217 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

What is the Differences between Fibonacci Fan and Fibonacci Arcs 15 replies

fibonacci trading log 2 replies

Need help Bobokus Fibo template 1 reply

Pulos Bill - The Truth About Fibonacci Trading (Attached) 4 replies

Attachments: Fibonacci Trading with Bobokus
Exit Attachments

Fibonacci Trading with Bobokus

  • #4,321
  • Jul 8, 2008 9:34pm Jul 8, 2008 9:34pm
I have a sell stop and I am expecting a pullback back to the intraday levels....
I have a sell stop below consolidation and a stop above intraday high ..
Let me know what you guys think.

Look at how much movement we have had with no retracement. PLus impacted a daily trendline. As resistance.
I am looking for intrday levels and will fallow with swing fibb down.

Attached Image (click to enlarge)
Click to Enlarge Name: 12345.gif Size: 50 KB
  • #4,322
  • Jul 8, 2008 11:38pm Jul 8, 2008 11:38pm
My short trade has been pulled in when we broke out of the range....I was expecting some what of a pullback back into the intraday levels due to the movement we had without a retracement.

I will fallow price with swing fibb and treat as a scalp since its against our intraday levels.

Attached Image (click to enlarge)
Click to Enlarge Name: 12345.gif Size: 50 KB
  • #4,323
  • Jul 9, 2008 2:10am Jul 9, 2008 2:10am
g/u is going down
  • #4,324
  • Edited 5:49pm Jul 9, 2008 2:42am | Edited 5:49pm
Bearish..

Attached Image (click to enlarge)
Click to Enlarge Name: gbp070908.gif Size: 18 KB


Updated... Trade did not work, price have suddenly reverse...

Couple more trade like that i will have to go back to demo and vhand trading.. Waking up at 3:00 am is hard stuff... Have to go to bed early.. I am now trying a short trade for a 38.2 retracement.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp070908pm.gif Size: 20 KB
Harmonics and Pitchfork using korHarmonics from TradingArsenal
  • #4,325
  • Jul 9, 2008 5:25am Jul 9, 2008 5:25am
Finally you are keeping it as simplicity as possible your charts are now easier to digest and your analysis are spot on.
Also I would like to say a very good trade on U/J,hope you were able to ride it both directions to the Intraday Levels. Unfortunately I was still asleep so missed out on that early ride.
  • #4,326
  • Jul 9, 2008 8:46am Jul 9, 2008 8:46am
Quoting Shermenator
My short trade has been pulled in when we broke out of the range....I was expecting some what of a pullback back into the intraday levels due to the movement we had without a retracement.

I will fallow price with swing fibb and treat as a scalp since its against our intraday levels.

Attachment
Dear friends:
could you please to upload the template of the jpy and chf .
I need time ,I need money, I need more patience
  • #4,327
  • Jul 9, 2008 12:43pm Jul 9, 2008 12:43pm
I made 30 pips on usd/jpy trade last night.

Thanks for the comment zerosum...
  • #4,328
  • Jul 9, 2008 1:38pm Jul 9, 2008 1:38pm
Quoting ztdep
Dear friends:
could you please to upload the template of the jpy and chf .

Here is USD/JPY

Remeber to move your swing fibb once you are in a trade and look around for support or resistance. Rmeber this swng are warning for your trade. Price tells what to do once you hit them. You can tell if you you are in a good trade or in bad shape. Simply keep them as warnings once you are in a trade only.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy2.gif Size: 49 KB


Attached File(s)
File Type: tpl usdjpy.tpl   5 KB | 595 downloads


Here is USD/CHF

Remeber the retracement fibb has a counter fibb. You can use your siwng fibb to view them but dont forget them in your head they are warnings.

Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.gif Size: 49 KB

Attached File(s)
File Type: tpl usdchf2.tpl   5 KB | 588 downloads
  • #4,329
  • Jul 9, 2008 7:47pm Jul 9, 2008 7:47pm
Quoting Shermenator
Here is USD/JPY

Remeber to move your swing fibb once you are in a trade and look around for support or resistance. Rmeber this swng are warning for your trade. Price tells what to do once you hit them. You can tell if you you are in a good trade or in bad shape. Simply keep them as warnings once you are in a trade only.
Attachment

Attachment

Here is USD/CHF

Remeber the retracement fibb has a counter fibb. You can use your siwng fibb to view them but dont forget them in your head they are warnings.

Attachment
Attachment
thank you very much
I need time ,I need money, I need more patience
  • #4,330
  • Jul 9, 2008 9:05pm Jul 9, 2008 9:05pm
did anybody use the swiiarmy eA to manage a trade?
regards
I need time ,I need money, I need more patience
  • #4,331
  • Jul 9, 2008 10:47pm Jul 9, 2008 10:47pm
Looking good to short back to the intraday levels today....We have impacted a 50 percent fibb. Plus we have ran up to much with no retracement. Plus we have reversed a small swing I expect a retracement.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 48 KB
  • #4,332
  • Jul 9, 2008 11:52pm Jul 9, 2008 11:52pm
Hey dude,

Don't mention at all.....I can see you are putting some serious amount of time getting Fibs down to the Tee.I like that Swing Fibs and its something similiar i have been doing on vhands, needs some more testing before i can say yeah i have found my own Morley Quail.

I am also tempted to take that short from the swing short looking at T1 for a quick exit....and would treat it as a scalp trade and babysit the trade cos of any reversal since its the Asian session.....Lets see how it plays out.
  • #4,333
  • Jul 10, 2008 12:15am Jul 10, 2008 12:15am
Quoting zerosum
Hey dude,

Don't mention at all.....I can see you are putting some serious amount of time getting Fibs down to the Tee.I like that Swing Fibs and its something similiar i have been doing on vhands, needs some more testing before i can say yeah i have found my own Morley Quail.

I am also tempted to take that short from the swing short looking at T1 for a quick exit....and would treat it as a scalp trade and babysit the trade cos of any reversal since its the Asian session.....Lets see how it plays out.

Yep bud I am treating as a tight scalp. And thanks once again.
  • #4,334
  • Jul 10, 2008 12:24am Jul 10, 2008 12:24am
I just closed 80 percent of short my short....And will allow the rest to run to t2
And placed my stop at break even I will now go to sleep lol...I am tired.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 48 KB


God night guys.
  • #4,335
  • Jul 10, 2008 1:02am Jul 10, 2008 1:02am
Though it was a lil risky but T1 got hit so Im out of the trade......nice 25pips not a bad way to start the morning.
  • #4,336
  • Jul 10, 2008 2:00pm Jul 10, 2008 2:00pm
Their is a head a shouldr frming on the 4 hour chart.
Look at the arrows in thie picture.

The head was formed when we hit the 61.6 fibb from daily. Then the right shoulder started to form after we hit the pivot of a swing fibb on the 4 hour chart.

4 hour chart.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 49 KB


1 hour chart

Now here keep in mind price has not been able to hit its intraday targets for today so far and most likely wont since the main market are closed and new york is closing soon that means weakness in a certain direction. That also confirms the fact price is reacting to the pivot from the larger swing from price 2.0004 to 1.9643

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd3.gif Size: 48 KB
  • #4,337
  • Jul 10, 2008 8:14pm Jul 10, 2008 8:14pm
If the high of the arrow goes out we might have a reversal to our intraday levels. Also keep in mind yesterday intraday 61.8 never roke as support...


Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd3.gif Size: 51 KB
  • #4,338
  • Jul 10, 2008 8:37pm Jul 10, 2008 8:37pm
Hello all
I've been looking more into Fibs over the last few months and I like how they look and feel, hopefully I can learn more about their use on this thread.

I think I'll start at the beginning of this thread and try to work my way thru it.
Any of you "elders" have any advice for a young "pup"?


Happy Pippin'
KC
  • #4,339
  • Edited 11:07pm Jul 10, 2008 10:53pm | Edited 11:07pm
Quoting kc8flq
Hello all
I've been looking more into Fibs over the last few months and I like how they look and feel, hopefully I can learn more about their use on this thread.

I think I'll start at the beginning of this thread and try to work my way thru it.
Any of you "elders" have any advice for a young "pup"?


Happy Pippin'
KC

Welcome and yea read the thread but go over Bobokus pdf files and thexter pdf file (Read it a million times) it will clear much. Read the first post of Bo on the first page.
  • #4,340
  • Jul 10, 2008 10:57pm Jul 10, 2008 10:57pm
No clear direction yet looking a littel slightly more bulllish though...making higher highs....Plus a broke downward trendline.


Current position standby

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd3.gif Size: 51 KB
0 traders viewing now