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Fibonacci Trading with Bobokus

  • #7,301
  • Dec 16, 2008 8:12pm Dec 16, 2008 8:12pm
I have now cancel the sell stop since the market has began to widen
  • #7,302
  • Dec 16, 2008 8:16pm Dec 16, 2008 8:16pm
Quoting chapish
hi there.... i am new trader and still keep studying. is ai USDCHF keep bearish which past 3month it falls to 1.0742? any advise for long position?
I am short in the usdchf since 1.1883...and currently looking for reasons to trade against my short and we are at a key support but not enough buyers to make me trade against my short and make money going up...by no means I am hedging since if I do go long that long will have a target and will get closed with profit hopefully lol

Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.gif Size: 24 KB
  • #7,303
  • Dec 16, 2008 9:18pm Dec 16, 2008 9:18pm
Seems like we are going to have many trades tonight
  • #7,304
  • Dec 16, 2008 9:26pm Dec 16, 2008 9:26pm
Seems like will get to see some streght on the dollar today lets see how thing keep on playing out
  • #7,305
  • Dec 16, 2008 9:54pm Dec 16, 2008 9:54pm
Alright guys on the look for tonigh is gbp/usd ,aud/usd, usdchf long, eurusd short

looking sweet

Ill say when I place my orders
  • #7,306
  • Dec 16, 2008 11:01pm Dec 16, 2008 11:01pm
EURUSD sell stop at 4042

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 24 KB
  • #7,307
  • Dec 16, 2008 11:02pm Dec 16, 2008 11:02pm
GBPUSD sell stop 1.5578

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 22 KB
  • #7,308
  • Dec 16, 2008 11:06pm Dec 16, 2008 11:06pm
AUD/USD

Sell stop .6928

Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 32 KB
  • #7,309
  • Dec 16, 2008 11:07pm Dec 16, 2008 11:07pm
GBPUSD sell stop 1.5578 <-- why are you putting it above pivot not below it ?
  • #7,310
  • Dec 16, 2008 11:11pm Dec 16, 2008 11:11pm
The stops in the trades are a bitt large so go ligher
  • #7,311
  • Dec 16, 2008 11:13pm Dec 16, 2008 11:13pm
sorry, I don't get it ?
  • #7,312
  • Dec 16, 2008 11:18pm Dec 16, 2008 11:18pm
I am now short in the eurusd at price 4048

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 24 KB
  • #7,313
  • Dec 16, 2008 11:23pm Dec 16, 2008 11:23pm
I am now short in the eurusd at price 4048 <--- I am reading your chart now, what is your target point?!
  • #7,314
  • Dec 16, 2008 11:25pm Dec 16, 2008 11:25pm
Quoting lkthomas
I am now short in the eurusd at price 4048 <--- I am reading your chart now, what is your target point?!

Limit in the eurusd for now is 3915

If I decide to close my trade or anything I will inform right away
  • #7,315
  • Dec 16, 2008 11:28pm Dec 16, 2008 11:28pm
ok, thanks.
  • #7,316
  • Dec 16, 2008 11:41pm Dec 16, 2008 11:41pm
Currently up 20 pips in the eurusd short and up 4 pips in the gbpusd short

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 22 KB
  • #7,317
  • Dec 16, 2008 11:49pm Dec 16, 2008 11:49pm
huge swing, now we are both losing
  • #7,318
  • Dec 16, 2008 11:50pm Dec 16, 2008 11:50pm
Quoting lkthomas
huge swing, now we are both losing

relax man...this is call trading...the market does not move when we go in...just watch are stops are big so your size yould be small for a large stop so relax man
  • #7,319
  • Dec 16, 2008 11:51pm Dec 16, 2008 11:51pm
Hi Guys, another newbie here. I've been following Bobokus Fib thread and its great the effort he has put into it. I Shermenator is carrying on the great work. Thank sooo much, it really helps us newbies to understand your logic behind the trades.
  • #7,320
  • Dec 17, 2008 12:02am Dec 17, 2008 12:02am
Quoting sohotfx
Hi Guys, another newbie here. I've been following Bobokus Fib thread and its great the effort he has put into it. I Shermenator is carrying on the great work. Thank sooo much, it really helps us newbies to understand your logic behind the trades.

Thanks man...simply giving a bitt back from all I learend from BOBOKUS.
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