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Fibonacci Trading with Bobokus

  • #7,301
  • Dec 16, 2008 10:12pm Dec 16, 2008 10:12pm
I have now cancel the sell stop since the market has began to widen
  • #7,302
  • Dec 16, 2008 10:16pm Dec 16, 2008 10:16pm
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 11:18pm Dec 16, 2008 11:18pm
Seems like we are going to have many trades tonight
  • #7,304
  • Dec 16, 2008 11:26pm Dec 16, 2008 11:26pm
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 11:54pm Dec 16, 2008 11:54pm
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 17, 2008 1:01am Dec 17, 2008 1:01am
EURUSD sell stop at 4042

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 24 KB
  • #7,307
  • Dec 17, 2008 1:02am Dec 17, 2008 1:02am
GBPUSD sell stop 1.5578

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 22 KB
  • #7,308
  • Dec 17, 2008 1:06am Dec 17, 2008 1:06am
AUD/USD

Sell stop .6928

Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 32 KB
  • #7,309
  • Dec 17, 2008 1:07am Dec 17, 2008 1:07am
GBPUSD sell stop 1.5578 <-- why are you putting it above pivot not below it ?
  • #7,310
  • Dec 17, 2008 1:11am Dec 17, 2008 1:11am
The stops in the trades are a bitt large so go ligher
  • #7,311
  • Dec 17, 2008 1:13am Dec 17, 2008 1:13am
sorry, I don't get it ?
  • #7,312
  • Dec 17, 2008 1:18am Dec 17, 2008 1:18am
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 17, 2008 1:23am Dec 17, 2008 1:23am
I am now short in the eurusd at price 4048 <--- I am reading your chart now, what is your target point?!
  • #7,314
  • Dec 17, 2008 1:25am Dec 17, 2008 1:25am
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 17, 2008 1:28am Dec 17, 2008 1:28am
ok, thanks.
  • #7,316
  • Dec 17, 2008 1:41am Dec 17, 2008 1:41am
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 17, 2008 1:49am Dec 17, 2008 1:49am
huge swing, now we are both losing
  • #7,318
  • Dec 17, 2008 1:50am Dec 17, 2008 1:50am
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 17, 2008 1:51am Dec 17, 2008 1:51am
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 2:02am Dec 17, 2008 2:02am
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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