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Fibonacci Trading with Bobokus

  • #7,261
  • Dec 16, 2008 2:31am Dec 16, 2008 2:31am
Quoting Shermenator
Nope I am still in it my friend...

my stop loss is 3740...

I will say when I decrease my risk in the trade

Attachment
Awesome...thanks!!! I calculated my stop loss around there too. I guess I'm catching on to a few things. Yay!!!! I appreciate your help.

-Angie
  • #7,262
  • Dec 16, 2008 2:35am Dec 16, 2008 2:35am
Quoting Shermenator
Nope I am still in it my friend...

my stop loss is 3740...

I will say when I decrease my risk in the trade

Attachment
Is our Target stil 3621 ?
  • #7,263
  • Dec 16, 2008 2:35am Dec 16, 2008 2:35am
Quoting angierosed
Is our Target stil 3621 ?
yep
  • #7,264
  • Dec 16, 2008 2:42am Dec 16, 2008 2:42am
Alright are trade has started to move ....

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 21 KB
  • #7,265
  • Dec 16, 2008 2:49am Dec 16, 2008 2:49am
Quoting priceaction
EURUSD is now at significant resistance

Interesting fact is that December's monthly bull candle (as it stands 'incomplete' today) is the biggest in EURUSD history
- Short from 1.37
- 4th consecutive 1hr LL & LH looking promising
-
  • #7,266
  • Dec 16, 2008 2:54am Dec 16, 2008 2:54am
Alright guys you can now bring your stop loss down to 3722 area dont let it go against you past that...always look for reasons to minimize your risk...

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 21 KB
  • #7,267
  • Dec 16, 2008 3:16am Dec 16, 2008 3:16am
Quoting Shermenator
Alright guys you can now bring your stop loss down to 3722 area dont let it go against you past that...always look for reasons to minimize your risk...

Attachment
How did you know when this particular wave was topped out when it reached 3737?

-Angie
  • #7,268
  • Dec 16, 2008 3:26am Dec 16, 2008 3:26am
Quoting angierosed
How did you know when this particular wave was topped out when it reached
Alot of things I am not allowed to show or explained since I sign a risk disclosure with my private mentor BOBOKUS...so I am only allowed to show my trades and stuff since the things he tought me are not on the htread and stuff.
3737?

-Angie
A lot of things I am not allowed to show or explain since they are proprietary to BOBOKUS...so I only can show my trades and stuff since the things he taught me are not on this thread…
Hope you understand
  • #7,269
  • Dec 16, 2008 3:55am Dec 16, 2008 3:55am
Quoting priceaction
- Short from 1.37
- 4th consecutive 1hr LL & LH looking promising
-
- Low of the previous 1hr candle has been broken
- Current 1hr candle has a long wick which indicates bearish sentiment (although it's not complete yet)
- 5th consecutive 1hr LL & LH just 5 mins away
- Currently +66 pips
  • #7,270
  • Dec 16, 2008 3:55am Dec 16, 2008 3:55am
Quoting Shermenator
A lot of things I am not allowed to show or explain since they are proprietary to BOBOKUS...so I only can show my trades and stuff since the things he taught me are not on this thread…
Hope you understand
Well I will be able to learn it one day hopefully in the near future when I can start to afford the fee for his website. It looks awesome.

-Angie
  • #7,271
  • Dec 16, 2008 4:10am Dec 16, 2008 4:10am
I have closed 90 percent with 54 pips....

slowdown ...

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 23 KB
  • #7,272
  • Dec 16, 2008 4:17am Dec 16, 2008 4:17am
Quoting Shermenator
I have closed 90 percent with 54 pips....

slowdown ...
Yes I've banked some too Sherm.
Attached Image (click to enlarge)
Click to Enlarge Name: euro2.jpg Size: 472 KB
  • #7,273
  • Dec 16, 2008 4:35am Dec 16, 2008 4:35am
Quoting Shermenator
I have closed 90 percent with 54 pips....

slowdown ...

Attachment
Me too. I took 30 pips. I'm greatful for that, and thanks guys for helping me along. I learned some good things.

-Angie
  • #7,274
  • Dec 16, 2008 4:49am Dec 16, 2008 4:49am
Quoting Shermenator
I have closed 90 percent with 54 pips....

slowdown ...

Attachment

Took that trade as well buddy,make some pips
  • #7,275
  • Dec 16, 2008 4:54am Dec 16, 2008 4:54am
Cool guys hope you liked it...I am up 7 percent in my account this week....once 10 gets hit I will decreas risk size
  • #7,276
  • Dec 16, 2008 6:41am Dec 16, 2008 6:41am
Quoting Shermenator
Cool guys hope you liked it...I am up 7 percent in my account this week....once 10 gets hit I will decreas risk size
Excellent work Sherm!

Long EURUSD at 1.3668
SL at 1.3627

If we get through the 1.3680 S&R level and then the high of today, we could be in for another good ride on the Euro-Express.
  • #7,277
  • Dec 16, 2008 7:05am Dec 16, 2008 7:05am
EURUSD

I am still short in it with 10 percent but a break of 3720 and I will close the remaider 10 percent

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 21 KB
  • #7,278
  • Dec 16, 2008 7:31am Dec 16, 2008 7:31am
Glad to see everyone is banking pips today.
  • #7,279
  • Dec 16, 2008 7:46am Dec 16, 2008 7:46am
Alright I closed my 10 percent remainin in the eurusd...

loving my usdchf trade since last week


Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.gif Size: 24 KB
  • #7,280
  • Dec 16, 2008 7:52am Dec 16, 2008 7:52am
Quoting priceaction
Excellent work Sherm!

Long EURUSD at 1.3668
SL at 1.3627

If we get through the 1.3680 S&R level and then the high of today, we could be in for another good ride on the Euro-Express.
Ping!!! - price breaks above the intraday high of 1.3737 and we could now be en-route for a good ride again.
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