Trading can be as simple as you want

Trading can be as simple as you want it to be. When I first started to trade I simply was trying to fill up my charts with every single indicator I could find. I though the more indicators I could put together the closer I was getting to finding the holy grail ( I was wrong lol ). So one day I came across a great thread call Fibonacci Trading by Bobokus in forexfactory. From that day on Indicators started to simply fall of my charts . Then I realized the game was just a matter of supply and demand and that the Holy grail simply does not exist. So in this thread I am planning to post my analysis on the pairs as some sort of a journal to post everything I have learned from Bobokus and some other great traders. As well as see other traders analysis on the markets. That's why i believe this fits well under interactive trading since its just not build around a system but around making great analysis.Lets make trading as simple as it should be.

keep doin wot u know doing best!
sick trader u r still

Thanks mate...hope to see you around when I post some stuff...hope to see you posting as well...

hi shermenator, i also trade using bobokus fib analysis. Too bad i'm still newbie. I'm really looking forward for your analysis, so that i can learn from you also

Thank You Shermenator!

Alright I will start my posting with the majors...I will post some fibbs primerly on the majors but I will try and keep it clean and simple on the other pairs. Hope this thread stays on Interactive trading so we can get more people posting opinions on the pairs as well...

Interesting subject and waiting you to start

Alright I will star of with the usdchf...( I am intrested in it lol thats why its first)

Well you see in this pair at the moment the longer term trend is up in the daily...and the 4 hour chart is bullish as well ...

If you pay close attention to this pair since last week the pair has began to prove support at some point at the end of last week. By looking at this I know the sentiment in the market has changed and I will now like to see if the sentiment of last week will continue this week. By doing so I can see that if support proves itself It will bring intrest to me. One of the most important things to me as a trader is to see price action as its develop and looking at key levels of support and resistance. I will now post a pic on it. I am being a bitt broad on my first couple of post while I get used to having a thread . Also hope to see you guys post on any pair your thoughts so we can look at the market together...

Shermenator. I am very fond of this new thread from you. Ready to learn!

Ready to learn from here too to fasten my learning process

Thanks.

Best,
Tom

Well done Sherm on starting this thread.

This guy is a great trader ... worth following his thread I assure you all.



WG

Thanks guys

Well I just woke up to see that the usdchf did not hold in support ...so now that I am noticing that the market is showing a bitt of a change in sentiment again and what was starting to look like a new change coming is not holding at least momenterly this week giving me chances at trading against the dollar untill price shows me sentiment is changing again . If it does not change again I will simply keep on trading against the USD. We never want to marry a direction we pick in the market. Our opinions of direction are always changing, we simply adjust as it goes.

Shermenator, How to find out, when the sentiment is changed? Today I did bad decision with EUR/USD. I went short...SL done... Now I think, that is possible to trade intraday high... Is it right? What do you recomend now? I just have got USD/CHF on my chart and watching.

Current long in the eurchf but for some reason it wont let me post pic...

Are we on retail prices? GU? EUR... I think, that the market made some important movements, maybe now extensions work...

Currently can I go short on GU and eurusd? It seems that bullish power is very exhausted...

Here is mypic it finnally let me show it...

Well those 2 trades would be counter trading the current sentiment that is being traded...as well as it seems you will be taking your signal of the 1 hour chart so just make sure your stop loss is out of the range...just trade your plan...

Here is the other pair I am looking into getting long into if the market takes a another dip down tomorrow...

Sentiment is very important, how could be identified exactly??? On H4 or daily... I have to reveal. I have got still very big looses on my demo...