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  • #6,021
  • Nov 21, 2008 7:47am Nov 21, 2008 7:47am
Quoting my30marahaba
dear avi,

yes sometime i use bobokus fibo to measuring the PA but to messy if i attached to my chart, actually i always see the candle partern more effectiveness and use the ma as my filter of reversal pa... let see gu be going short the formation candle pb at 4hr and 1hr chart..that all

rgds,
my30marahaba
i enter GU short at 1,4981 now already FTT

brgds,
my30marahaba
  • #6,022
  • Nov 21, 2008 7:49am Nov 21, 2008 7:49am
Quoting my30marahaba
dear avi,

yes sometime i use bobokus fibo to measuring the PA but to messy if i attached to my chart, actually i always see the candle partern more effectiveness and use the ma as my filter of reversal pa... let see gu be going short the formation candle pb at 4hr and 1hr chart..that all

rgds,
my30marahaba
i use bobokus fibo daily f day and bobokusfibo_v2 for hour its great.what ma you use?
  • #6,023
  • Nov 21, 2008 7:51am Nov 21, 2008 7:51am
Quoting my30marahaba
i enter GU short at 1,4981 now already FTT

brgds,
my30marahaba
the entry was 1.5020 and iuse the green land
  • #6,024
  • Nov 21, 2008 7:54am Nov 21, 2008 7:54am
Quoting avi
the entry was 1.5020 and iuse the green land
look for ......... obama system .......new and great machine money
  • #6,025
  • Nov 21, 2008 8:04am Nov 21, 2008 8:04am
Quoting avi
i use bobokus fibo daily f day and bobokusfibo_v2 for hour its great.what ma you use?
i use 5 sma, 55 ema, 220 ema
  • #6,026
  • Nov 21, 2008 8:14am Nov 21, 2008 8:14am
Quoting my30marahaba
i use 5 sma, 55 ema, 220 ema
on what tf? look for ...obama ...it s a great help
  • #6,027
  • Nov 21, 2008 8:21am Nov 21, 2008 8:21am
jhoto,
sorry i left my system and trades, they were all profit except for one UJ and that was because i wasnt around to shift the SL to break even.

these trades happened btw 10 and 11 gmt, u can check ( gu,uj,ej)
Forex trading reveals the real you...
  • #6,028
  • Nov 21, 2008 8:24am Nov 21, 2008 8:24am
Quoting avi
on what tf? look for ...obama ...it s a great help
dear avi,

my analyst on the weekly, daily, 4hr and my entry point i use DIBS method... the ma i use for all the TF from wk to 1hr.... just simple that all

rgds,
my30marahaba
  • #6,029
  • Nov 21, 2008 8:28am Nov 21, 2008 8:28am
Quoting my30marahaba
i use 5 sma, 55 ema, 220 ema
look for indi ang_pr(din)-v1+sqstdn
  • #6,030
  • Nov 22, 2008 4:07am Nov 22, 2008 4:07am
I have been following this thread for a while now but i'm still confused on when its an up day/down day.
Do i use the 6gmt bar or the close of the previous day. PC made mention of using the close of the previous and then trading of the 6gmt candle.
1, do you look for longs if the breakout is above the previous days close and look for shorts if it is below?
2, I start looking for IB's from 6gmt when the markets officially open with big bucks?
Would really appreciate if anyone could help clarify this. Thanks
Let your plan trade for you, not your emotion!!!
  • #6,031
  • Edited 11:51am Nov 22, 2008 9:19am | Edited 11:51am
Quoting xremmy
I have been following this thread for a while now but i'm still confused on when its an up day/down day.
Do i use the 6gmt bar or the close of the previous day. PC made mention of using the close of the previous and then trading of the 6gmt candle.
1, do you look for longs if the breakout is above the previous days close and look for shorts if it is below?
2, I start looking for IB's from 6gmt when the markets officially open with big bucks?
Would really appreciate if anyone could help clarify this. Thanks
No. The "day" changes at 6gmt(european morning). This is the price that tells which way to trade the next 9-10 hours, up or down.

Lets say for example that clock is 9gmt amd there was a IB at 7gmt ..now the price is breaking up of the bar, AND the price is also hovering over the 6gmt price. This tells that the "overall day trend" is up, so you take the breakout up!

You only take breakouts down, if the price then is also down of the 6gmt!. Very very simple. If you download some indicators from this tread, its even color coded"
  • #6,032
  • Nov 22, 2008 11:56am Nov 22, 2008 11:56am
Quoting avi
look for ......... obama system .......new and great machine money
Lets stick to the DIBS method...so go start another thread re your "system"
every Saint has a past. Every Sinner has a Future
  • #6,033
  • Nov 22, 2008 3:48pm Nov 22, 2008 3:48pm
Quoting johto
No. The "day" changes at 6gmt(european morning). This is the price that tells which way to trade the next 9-10 hours, up or down.

Lets say for example that clock is 9gmt amd there was a IB at 7gmt ..now the price is breaking up of the bar, AND the price is also hovering over the 6gmt price. This tells that the "overall day trend" is up, so you take the breakout up!

You only take breakouts down, if the price then is also down of the 6gmt!. Very very simple. If you download some indicators from this tread, its even color coded"
Thanks a lot Johto, this is what is getting me confused " Yes, at this point I am looking to buy above an inside hourly bar where the breakout point is above yesterday's close (and today's open) or sell below the low of an hourly inside bar below the open of today." From PC's reply to a question of this sort.
Let your plan trade for you, not your emotion!!!
  • #6,034
  • Edited 6:17pm Nov 22, 2008 5:28pm | Edited 6:17pm
Quoting xremmy
Thanks a lot Johto, this is what is getting me confused " Yes, at this point I am looking to buy above an inside hourly bar where the breakout point is above yesterday's close (and today's open) or sell below the low of an hourly inside bar below the open of today." From PC's reply to a question of this sort.
Yes, that bolded text just told the same thing i did. I dont see what is confusing about it? You either buy or sell depending which side you are from the 6mgt bar's close price. Notice, that this "intraday trend" could change during the day which dictates long/short. This is, if the price crosses the 6gmt price to the other side.

If you already have recent "runner"" positions open (example long), it would make sense , to only continue to take positions long side on the pair. If you want to play it "safe", notice the longer trend (daily/weekly) and only trade to that direction when the intraday daily trend rule(6gmt price line) allows,

Still confused, would it help if i draw a picture?
  • #6,035
  • Nov 23, 2008 2:21am Nov 23, 2008 2:21am
It is my conventional thinking that is giving me the problems. Guess i need to format my head and reload it with forex objective thought process. I just had the believe that days close or open was when the new york market closes. Now i get it, 6am gmt when the Big dogs wakeup with their heavy cash is when we use as the open.

Gracias Johto,
Let your plan trade for you, not your emotion!!!
  • #6,036
  • Nov 23, 2008 8:18pm Nov 23, 2008 8:18pm
EU DIBS set up today signal looks like going up

regards,
my30marahaba
Attached Image (click to enlarge)
Click to Enlarge Name: eu DIBS.JPG Size: 160 KB
  • #6,037
  • Nov 23, 2008 8:39pm Nov 23, 2008 8:39pm
Quoting my30marahaba
EU DIBS set up today signal looks like going up

regards,
my30marahaba
Kinda early isn't it?

I show another 1.2 hours to go. ???
  • #6,038
  • Nov 23, 2008 8:42pm Nov 23, 2008 8:42pm
Yeah my30marahaba, seems you have been early many times, on purpose? The DIBS rules says 2 hours before London opens, which is 6 gtm.
  • #6,039
  • Nov 23, 2008 9:50pm Nov 23, 2008 9:50pm
Quoting my30marahaba
EU DIBS set up today signal looks like going up

regards,
my30marahaba
look for new obama target 1.2790?
  • #6,040
  • Nov 23, 2008 10:15pm Nov 23, 2008 10:15pm
Quoting avi
look for new obama target 1.2790?
yes avi, that the target

rgds,
my30marahaba
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