I got a trade pending here to go long at 8360 on eur/gbp, heres what i see on the fibs. 1hr - resting on the 61.8 and on the 4hr, very close to its 50

Fibonacci Trading with Bobokus

bullish divergence on the daily..watchout

Fibonacci Trading with Bobokus

GU had a pop last night, but hasnt been able to hold, so on my fibs off the 1hr, do I need to extend the fib high from where its at on my chart, to the new highs?

Fibonacci Trading with Bobokus

Shi**y

EURUSD

i'm long from 5027

4 Hour Strategy (MACD)

Where did you come up with the 5,13,1 setting for macd?

4 Hour Strategy (MACD)

From the pdf file I looked at, you follow strickly the histogram patterns. You didnt talk about ADX indicator , and I noticed that some of the people on this thread have added that to their charts, what is your experience with ADX if anything? Also ...

4 Hour Strategy (MACD)

how come you and Phil, dont use the macd line, and signal line on the macd indicator?

4 Hour Strategy (MACD)

Looks like USD/CAD would be a better short.

Fibonacci Trading with Bobokus

whats the average holding time for your trades?..few hrs?

EURUSD

both . Unless you dont like waiting, then yes, the other trade that can make 200 pips in an hour is better than one that takes 2 days, but I like to take advantage of as many setups as I can, knowing most the time, the market throws out a bunch of ...

EURUSD

I disagree. If we can retrace from here, to 2701 (38.2 pullback ), then IF the market is still bullish, we could hit 2966, or 3104 (265, and 403 pips respectively), you'd be leaving A LOT on the table.

EURUSD

BO, you still looking for shorts on EU?

Fibonacci Trading with Bobokus

Unemployment and trade balance numbers are LESS than expected.....why are we getting a bullish breakout? Not saying I dont like it

USD/JPY Discussion

Downward channel breakout, while still over-all bearish, i might look for longs on the retracement and see if we can retest the bounce off its downward trend line.

EURUSD

your not looking for longs in an over-sold market?...gbp probably wont move down as far and as fast as it did last night...but then again, who really knows.

Fibonacci Trading with Bobokus

my uc trade off 1hr charts. There was a bounce off the 61.8% and a morning star reversal pattern that formed. I'm 21 pips in the money, so I cant lose on this trade.

USD/CHF

you get too tired? By the time London opens I'm already half asleep at my desk lol.

Fibonacci Trading with Bobokus

I just closed my GU trade as well and took 333 pips

Fibonacci Trading with Bobokus

I use a macd sometimes to help confirm, but sometimes by the time the indicator gives the signal, price has moved to far away from your intended entry.

Fibonacci Trading with Bobokus