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Fibonacci Trading with Bobokus

  • #8,221
  • Feb 25, 2010 11:52am Feb 25, 2010 11:52am
booked 97 pips off a/u
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  • #8,222
  • Feb 26, 2010 11:12am Feb 26, 2010 11:12am
caught this move off daily 50% fib support from the 4hr chart yesterday...
I didn't think that the level would reject price so fast with this sharp V-shape, so I was kind of halfhearted with this setup, still in, stop loss to 1:1
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  • #8,223
  • Feb 28, 2010 8:49am Feb 28, 2010 8:49am
Total growth for Feb was 6 percent . Looking foward for next month
  • #8,224
  • Feb 28, 2010 4:12pm Feb 28, 2010 4:12pm
Losers are part of the game.Sometimes we need to deal with this part of what is trading.
Idea is to get positive on the long term. A few losers don't mean much!

BTW , Sherm are you still doing VHands ?
  • #8,225
  • Mar 1, 2010 5:55am Mar 1, 2010 5:55am
long usd/cad at 540, stop at current 4hr low at 487.
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  • #8,226
  • Mar 1, 2010 4:24pm Mar 1, 2010 4:24pm
Hello everybody,
I'm new.

Can anybody help me; how to make price value appears on my fib line?
Psychology = Nature = Evolving Forex Market rite?
  • #8,227
  • Mar 1, 2010 5:00pm Mar 1, 2010 5:00pm
Hi Dr_Cryonic...
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  • #8,228
  • Mar 1, 2010 5:20pm Mar 1, 2010 5:20pm
so much for u/cad long..guess thats what happens when you buy before eu open?..Island, was I wrong to take a long where I did according to your analysis?

thanks
big
  • #8,229
  • Mar 2, 2010 1:42am Mar 2, 2010 1:42am
hi big pipin, I didn't look for longs at this spot because the daily already rejected the 61.8% with long wick, and very bearish bar the next day. To me the daily was heavily bearish. Also the 4hr started to form a head&shoulders, so you longed into the right shoulder.
On the other hand your long could have worked out or wasn't 'wrong' due to support/resistance on the daily. I didn't get in myself because of the bearish look it gave. Actually I was more interested in shorting, but didn't get a clean setup for my taste.
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  • #8,230
  • Mar 2, 2010 8:17am Mar 2, 2010 8:17am
Quoting islandtrader
Hi Dr_Cryonic...

Tq you, thats help me a lot.
Psychology = Nature = Evolving Forex Market rite?
  • #8,231
  • Mar 7, 2010 1:05am Mar 7, 2010 1:05am
EUR JPY
PROBABILITY,,,,,,
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one secret in the forex. im belive.
  • #8,232
  • Mar 9, 2010 5:17pm Mar 9, 2010 5:17pm
Tried to get on to bobokus.com. Is he no longer offering service?
  • #8,233
  • Mar 9, 2010 5:25pm Mar 9, 2010 5:25pm
The site has been down for the last 24 hrs or so. But I've been on the site every day since I joined about a week ago now. I'll shoot an email off to Bo, now that I know others are having the same issue.

Sherm, anyone else know what's going on?

The error looks like someone has messed with a file, or maybe there was a bad ftp transfer which cut a file in half etc..

I'll post back here when I hear something.....
Drink Coffee. Do stupid things faster with more energy.
  • #8,234
  • Mar 9, 2010 7:40pm Mar 9, 2010 7:40pm
Quoting forexpenguin
The site has been down for the last 24 hrs or so. But I've been on the site every day since I joined about a week ago now. I'll shoot an email off to Bo, now that I know others are having the same issue.

Sherm, anyone else know what's going on?

The error looks like someone has messed with a file, or maybe there was a bad ftp transfer which cut a file in half etc..

I'll post back here when I hear something.....

Looks like is back on.
  • #8,235
  • Mar 10, 2010 12:38am Mar 10, 2010 12:38am
Quoting forexpenguin
The site has been down for the last 24 hrs or so. But I've been on the site every day since I joined about a week ago now. I'll shoot an email off to Bo, now that I know others are having the same issue.

Sherm, anyone else know what's going on?

The error looks like someone has messed with a file, or maybe there was a bad ftp transfer which cut a file in half etc..

I'll post back here when I hear something.....
Yea man everything is alright it was fixed already.
  • #8,236
  • Mar 10, 2010 6:01am Mar 10, 2010 6:01am
Before I spend countless hours reading this entire thread, has it stayed true to the method, and successful trading for you guys? Also do you recommend the bobokus training? Thanks, hopefully I can contribute something useful in the future. Dave
  • #8,237
  • Mar 10, 2010 6:40am Mar 10, 2010 6:40am
It does ok. Some of us trade fibs slightly different than the next guy, but its been rather consistant. Just dont trade a/u pair. I've been whipsawed so many times in that piece of sh-t, its unbelievable.

good luck in your trading.
  • #8,238
  • Mar 10, 2010 6:47am Mar 10, 2010 6:47am
Long uj at 90.29, I think we can test 91.50 before we possibly retrace. If we break this red TL, things should pick up steam from there.
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  • #8,239
  • Mar 10, 2010 4:28pm Mar 10, 2010 4:28pm
Quoting davewooldrid
Before I spend countless hours reading this entire thread, has it stayed true to the method, and successful trading for you guys? Also do you recommend the bobokus training? Thanks, hopefully I can contribute something useful in the future. Dave
Hi Dave,

Here is my $0.02.

As someone who just finished going through the thread from start to finish I'd say it is definitely worth it.

My comprehension of the market and it's potential movement is so much better because of this thread. There is a lot of great information here!

In terms of how true it stays to this method, as big_pipin says - people trade fibs differently. Work through the thread and you might see ways of applying what is done here to your own trading style.

There is a big discretionary component to this style of trading. i.e Looking for what the market is offering, and what it is telling you. This thread will highlight to you the entries, exits and possible S&R points you need to be mindful of.

This thread is a big investment of time and effort. But it is well worth it.

I'd also highly recommend Bo's site. I'd say more about it, but I think the mods might kick me off!
Drink Coffee. Do stupid things faster with more energy.
  • #8,240
  • Mar 10, 2010 6:00pm Mar 10, 2010 6:00pm
Quoting davewooldrid
Before I spend countless hours reading this entire thread, has it stayed true to the method, and successful trading for you guys? Also do you recommend the bobokus training? Thanks, hopefully I can contribute something useful in the future. Dave

At the end it comes to you.
How bad you want it ?
I know a bunch of people that benefit from this thread ,including myself.
Some of them are still around , some left.
Trading requires a lot of hard work.Who says that is an easy way of getting rich is a liar.Is very important in your trading career to use information and techniques that works in the real market. This thread has all of those elements.It's up to you to start the journey!

P.S. I would suggest to include vhands in your study.Believe me it works.
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