looking for a short any minute now.

EURUSD

short from 7880 stop 7926 target 7800 ...looks good so far.

Cable Update (GBPUSD)

As of this writting, why is EU not rising like GU has in the last few hrs?. Also GU, and UJ are moving up at the same pace,..im not used to them moving together like this, and I'm not sure which one to short. GU might seem like the obvious answer, ...

EURUSD

(yawn). Yeah, cable ready for a new short soon imo.

Cable Update (GBPUSD)

Dont get too excited about going long GU. It's still trading within its downward fork, and will probably hit some turbulance around its 38.2 and 50% levels.

Fibonacci Trading with Bobokus

market just looks dead all across the board

Fibonacci Trading with Bobokus

As fib traders, how do you set stops?.. i find it hard to find a solid method. thanks

New Mouteki Method...

yes thanks, I took the short on EU last night, not waiting for the parallel, but i figured that I could try both lines because if I kept good MM, then losing a couple times in a row in order to capture the move would be worth it, and I got in, right ...

Andrews Pitchfork (Median Line)

just my novic opinion, but looking from the dailys, cable is due for a sharp bounce.

Fibonacci Trading with Bobokus

if you have a sliding parallel, is that the new line for entry, or can you use the actual upper, and lower fork lines as a valid entry point, or will price most likely rise/fall to the parallel?

Andrews Pitchfork (Median Line)

how can you base entry off previous days range if you plan on being in the trade for the next few hrs to days?....isnt the longer term picture more important, than what happened just 24hrs ago?

Fibonacci Trading with Bobokus

Mouteki once price reaches its extension levels in a bull market, are those safe levels for shorting?, and in a bear market, safe for buying. What time frames do you trade?..i cant tell from the videos. Can you make a video on how you deal with ...

New Mouteki Method...

Yes, thanks pips. Very detailed.

Andrews Pitchfork (Median Line)

I talked to a rep at GFT and they will still let me trade mini lots at 1$ per pip, I just need to fax them a form in the morning. I didnt think that was possible so I'm glad i asked.

Am i under under-capitalized?

61.8% is what i ment to say, sorry. 66% and 61.8... here is uj now on the 1hr, and I'm getting a buy signal as it has reached its 3rd fib support level (I use the default settings for support and target levels) however on the daily, not only did it ...

Fibonacci Trading with Bobokus

bump. sorry im new at all this.

Fibonacci Trading with Bobokus

Once price penetrates and closes below my 66 and 68.2% retracements, should I stop trying to play this long? or can i still try and take advantage of a retrace before it goes lower?

Fibonacci Trading with Bobokus

why is EJ falling and UJ rising?...usually yen pairs and usd pairs move in opposite directions.

Andrews Pitchfork (Median Line)

yes, like shermenator did here on uj

Fibonacci Trading with Bobokus