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Fibonacci Trading with Bobokus

  • #7,101
  • Dec 5, 2008 12:50pm Dec 5, 2008 12:50pm
Quoting Bobokus
I am at a turning point in my career and after alot of hard work I am exploring that opportunity with my own website. Bobokus .com. Out of respect of the admin here at Forex Factory and the rules of the forums I must depart. I contacted the Admin here at Forex Factory and wanted them to know ahead of time of my plans and did not want to cause a rift here on Forex Factory rather leave on a positive note as I have seen too often those that would use Forex Factory to prey on new traders and did not want to be in that same category.
[font=Georgia]I...
What a sweet note of encouragement and challenge to end what i can call on unending help around the fx market.Bo, u are simply great.What i learn from you has given me my daily meal and it has bought me many things and it has also given me a chance to call myself "a trader"
Am glad i get to know u and galaxymom
Anywhere u go am with u till i learn all about u and ur system
Thanks a lot,
Hiswords
  • #7,102
  • Dec 7, 2008 3:32pm Dec 7, 2008 3:32pm
This is a time the market is preety sideways at the moment if you look at it from the 4 hour chart its preety crappy....meaning intreaday is a bitt risky....you will see me pull the trigger long from the daily chart mostly ....

Attached Image (click to enlarge)
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  • #7,103
  • Dec 7, 2008 4:05pm Dec 7, 2008 4:05pm
Quoting Shermenator
Hope you guys took the trade mentioned earlier today in the gbpusd...
Thanks Bo for teaching me so much and making me as good as I am...

Remember longs are scalps...so grab and run when its correct...

Attachment
Sherm . As the intraday movement is bullish on your chart, so any short must be treated as scalp but you have mentioned any longs is treated as scalp . Is it because you are using the 4 hour time frame??
I need to thank Bo to teach us how to use fibs to follow the price movements and it is up to us to build on that knowledge.
What is going to happen to this thread .Is it still ok to ask questions so that you (Shermantor) can hopefully answer?
  • #7,104
  • Dec 7, 2008 4:14pm Dec 7, 2008 4:14pm
Quoting alex12
Sherm . As the intraday movement is bullish on your chart, so any short must be treated as scalp but you have mentioned any longs is treated as scalp . Is it because you are using the 4 hour time frame??
I need to thank Bo to teach us how to use fibs to follow the price movements and it is up to us to build on that knowledge.
What is going to happen to this thread .Is it still ok to ask questions so that you (Shermantor) can hopefully answer?
Its simply because the market conditions are shifting and you will find me having trades in both direction at time and making money in both ways since i release the hedges in profits in both trades... different decsions....I only trade intraday when its right ....I am always swapping timeframes and looking for the best setups....most of the things I do I cannot show due to the fact I have been taking private lessons with my friend Bobokus for a good period of time now and they are his stuff and not mine.... Ill be more then glad on helping with the few things he tough us on this thread....and I never have a bias or a set time frame to make any trade I simply look at the best time frmae given the best information ....
  • #7,105
  • Dec 7, 2008 5:22pm Dec 7, 2008 5:22pm
Quoting Shermenator
Its simply because the market conditions are shifting and you will find me having trades in both direction at time and making money in both ways since i release the hedges in profits in both trades... different decsions....I only trade intraday when its right ....I am always swapping timeframes and looking for the best setups....most of the things I do I cannot show due to the fact I have been taking private lessons with my friend Bobokus for a good period of time now and they are his stuff and not mine.... Ill be more then glad on helping with...
Thanks. I appreciate your reply.
  • #7,106
  • Dec 8, 2008 12:27am Dec 8, 2008 12:27am
Hope you guys took the long I mentioned earlier in the thread...goodluck and let the pip be with you guys
  • #7,107
  • Dec 8, 2008 2:07am Dec 8, 2008 2:07am
great way to start the week I am up over 200 pips...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 23 KB
  • #7,108
  • Dec 8, 2008 3:24am Dec 8, 2008 3:24am
I still follow Bo's method and the help of my friend "sherm"
Made good pips today,almost 200 to be precise
Good way to start the week,hope i continually win the rest of the trades i'll take this week as well.
Happy pipping
  • #7,109
  • Dec 8, 2008 3:29am Dec 8, 2008 3:29am
Quoting hiswords
I still follow Bo's method and the help of my friend "sherm"
Made good pips today,almost 200 to be precise
Good way to start the week,hope i continually win the rest of the trades i'll take this week as well.
Happy pipping

Good stuff man...hope you took the long I gave
  • #7,110
  • Dec 8, 2008 6:09am Dec 8, 2008 6:09am
Here is my next trade...I have a sell stop at 4878....lets see how it plays out...made over 200 hundred today...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 24 KB
  • #7,111
  • Dec 8, 2008 6:34am Dec 8, 2008 6:34am
Hope you guys took my short in the gbpusd...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 24 KB
  • #7,112
  • Dec 8, 2008 6:43am Dec 8, 2008 6:43am
Quoting Bobokus
I am at a turning point in my career and after alot of hard work I am exploring that opportunity with my own website. Bobokus .com. Out of respect of the admin here at Forex Factory and the rules of the forums I must depart. I contacted the Admin here at Forex Factory and wanted them to know ahead of time of my plans and did not want to cause a rift here on Forex Factory rather leave on a positive note as I have seen too often those that would use Forex Factory to prey on new traders and did not want to be in that same category.
[font=Georgia]I...
Hi Bobokus.
i just visited your site and i read your personal story.You give hope to many wannabe traders and you state the hard way to become one....
Thanks a lot for all the hard work you put in this forum and i wish you the best for your new beginning
  • #7,113
  • Dec 8, 2008 6:59am Dec 8, 2008 6:59am
Hope you guys took this one as well....

Attached Image (click to enlarge)
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  • #7,114
  • Dec 8, 2008 8:11am Dec 8, 2008 8:11am
The GU short went very well with 50 pips profit.
Looking to go long on euro above 1.2915
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  • #7,115
  • Dec 8, 2008 8:25am Dec 8, 2008 8:25am
Hope you guys are still holding the shorts GBPUSD....

Attached Image (click to enlarge)
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  • #7,116
  • Dec 8, 2008 8:32am Dec 8, 2008 8:32am
I took 80% off the table at intraday high level
  • #7,117
  • Edited 8:53am Dec 8, 2008 8:35am | Edited 8:53am
Quoting speedarad
I took 80% off the table at intraday high level
the intraday is all that move up....the market is starting to retrace now into what is the intraday.....the intraday never had a pause or retracement....so its all one move
  • #7,118
  • Dec 8, 2008 8:51am Dec 8, 2008 8:51am
Quoting Shermenator
the intraday is all that move up....the market is starting to retrace now into what is the intraday.....the intraday never had a pause or retracement....sop its all one move
That could be very true. I just don't feel comfortable holding trades to long because Daily chart looks so choppy.
  • #7,119
  • Dec 8, 2008 9:15am Dec 8, 2008 9:15am
Made money today in shorts and longs....still holding some in both direction should be able to win both trades in both directions...by no means think I hedge.....they each have their own direction and stop...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 23 KB
  • #7,120
  • Dec 8, 2008 2:48pm Dec 8, 2008 2:48pm
Hi All,
Has anyone signed up for Bo's website? I am wondering if the members area is a rehash of what is in this wonderful thread.

Thanks..MG
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