Wow Islander, do you ever lose? If you get a chance, could you post some entries showing stop areas and where you took profit, or moved stop to BE. This would really be beneficial to those trying to learn this methodology. I understand this takes ...

Intra Day Yen - Naked

Is there still a trading room where you guys are trading this system?

Trend Follower 5 Minute System

Nice on pip. I am watching you guys and will post as i catch some moves. You did well to get some out of all this mess this morning, pound is really wild today. Geppy seems to be fib trapped at the moment with no clear direction and i am waiting for ...

Intra Day Yen - Naked

Hey Bo, Thanks for the examples. When you say that your scalp turns into a trade, do you keep the scalp open and trail it behind swing points to see how fra it goes, or are you closing it out at swing targets or intraday fibs supports as price moves ...

Fibonacci Trading with Bobokus

Hi Jets, Yes, i would be interested so count me in. Steve

Fibonacci Trading with Bobokus

Bo, so if you see a candle pattern off one of the inner intraday fibs that signals a possible long, would you always wait for a close above the long resistance fib first before entering, just in case it did not break above these, or would you simply ...

Fibonacci Trading with Bobokus

Bo, Forgive me if i am wrong here, did you mention before that your stop should be in a place where you would want to take a position in the opposite direction? Lets say that we are long and we have just seen a close below the intraday short fib. ...

Fibonacci Trading with Bobokus

Thanks Bo. I think you have hit the nail on the head there with the time factor, it can really eat you alive. So with the trade i highlighted, at what point would you close the short if it did start to cllimb back up against us? Its a little new to ...

Fibonacci Trading with Bobokus

LOL, Hey there Jets, looks like we are contemplating over the same thing there mate!!!

Fibonacci Trading with Bobokus

Hi Bo, Just would like to say thanks for such an amazing thread, you have gone into so much detail here with your experience and this really is the best source of information. I have a question regarding todays price action. Ok, obvious downtrend ...

Fibonacci Trading with Bobokus

Will be interested to see how that pans out. Quite often i take a trade almost knowing that it won't work out with this method but the way i look at it is, by the time it does not work out there is usually time to bring the stop in tighter, very ...

GBP/USD hourly fib scalp ideas

Ok, i just went over my Oct trades and i would have gained an extra 9 pips if i had used 1 pip padding. That was a very boring exercise, lol, and i cannot be bothered to go back over Aug and Sep at the moment but i will continue to monitor this. At ...

GBP/USD hourly fib scalp ideas

Here is the results from Oct 2007, and i ended up with 370 pips. I have not posted all the statistics as i discovered that my setup for the Gbp/Usd currency had been wrong so it was miscalculating the profit so you can ignore the other profit stats ...

GBP/USD hourly fib scalp ideas

Hey Thexder, Just finished testing Sep 2007. Total pips 507 , with one bad week, which gave me -82 pips. Not bad, added a few little tweaks but more or less the same, trailing behind 1 min swings. Attached is all my trades taken in this time. I am ...

GBP/USD hourly fib scalp ideas

LOL, i like the sound of that!

GBP/USD hourly fib scalp ideas

Thexder, I really appreciate your time and comments, they are very helpful. You have basically said what i have been thinking and that is good to know. I didn't really note the break of the 382 fib from the original fib, which i recall from my ...

GBP/USD hourly fib scalp ideas

Thanks Thexder, Are you using Metatrader for your backtesting? There are some good sites that provide free 1 min data going back to 2001. They were recommended to me by someone. I am sure you are aware of these and probably just using a different ...

GBP/USD hourly fib scalp ideas

Thexder, I have attached a question that i wanted to ask about identifying trading ranges within the 1 min timeframe. There is a trade example in my attachment to see if i am understanding this correctly. I would be very grateful if you could take a ...

GBP/USD hourly fib scalp ideas

Thexder, Did you produce any results for the brute force 1 min scalp where you simply trailed as opposed to closing at fib targets? I just wondered so i could maybe make a backtest for the same month and compare to see how two traders may differ ...

GBP/USD hourly fib scalp ideas

Thanks for the reply Thexder, just out of interest, what broker do you use?

GBP/USD hourly fib scalp ideas