A little off topic, since Skunny style fibs, but ... — I am currently in a AH. I just posted this in Bo's thread, since the Skunny one appears to be dead. The Fibs on the weekly look interesting for a long - don't you agree? If people think ...

Jacko's Forex House of Pleasure and Pain

This is a bit off topic - since Skunny style, but.... — Hi piccolo, If you read Skuny's (now probably dead) thread, you will know that he doesn't use anything beyond the 161.8% - and even that rarely,he just targets the 138.2%. So your fib is ...

Fibonacci Trading with Bobokus

Which Candle changed your mid? — Hi Bo, Which candle changed your mind? I can see that if I had taken the same break long, then I would probably have not got out until the Intraday Long broke; and even then probably thought the move had ...

Fibonacci Trading with Bobokus

Its too late now, but my thoughts .. — Hi denverdude, Its too late now, but my thoughts are that I would have drawn the Fib from the high 4 candles before the one you chose. It would still met the critieria for a trade, since the pullback went ...

Powerful Fib Based System - by DAZfx

Huh? - Aren't those pullback too shallow? — Hi, Naijafx, I though we needed to see a pullback to at least the 61.8%. Those 2 only seem to get to the 38.2%. Confused, Ian

Powerful Fib Based System - by DAZfx

Dancing into the news? — Hi Lusan, It looks like you exited on the 03:55 candle i.e. just after the German Unemployment figure at 03:55. Isn't it dangerous to dance into even Low Impact News such as this? Ian

Lusan's trade Journal

Have you a target for current trade? — Hi Bo, Do you have a target for the current daily short such as Down Trend Low? I am currently nervous about Daily trades because of: 1. All the 200+ pip candles. 2. FOMC 3. NFP So I am rather surprised ...

Trading the Daily

Going Full circle? — Hi Thexder, It looks like you are returning to your original 1Hr chart swing Fib scalping that you did last year. Only now you are putting on the correct Fib numbers. Do you think you can tweek it to squeeze out more pips? ...

GBP/USD hourly fib scalp ideas

Johndoe is correct- Jacko ONLY trade the Eur/Usd — Hi, In the past jacko has played with GBP/USD, but only played. All his serious trading is on the Eur/Usd. He has traded it exclusively first exclusively Short when it was in a downtrend, then ...

Jacko's Forex House of Pleasure and Pain

I have just come accross your informative thread — Hi Monarch, I have just come accross your informative thread. I am in the U.K. so the Asian session is either very early or very late for me. A couple of questions, if I may. Do you now only ...

Monarch's Journal of 2008 Trades

Are you still in trade 12? — Hi Bo, Are you still in trade 12 - the short? You were debating whether to keep it open. Either way please let me let me know your reasoning. Thanks, Ian

Trading the Daily

Bo, what criteria did you use to take scalp so early? — Bo, What criteria did you use to take scalp so early? I don't see it as having bounced of any Fib lines up where you took it? Thanks, Ian

Fibonacci Trading with Bobokus

Weekly looks like it will be a Pin Bar to me — The weekly looks like it will be a bearish Pin Bar to me. Now this may be of no consequence if the big downspike was CB action. But if it was just due to the Citibank results (as claimed in the ...

Jacko's Forex House of Pleasure and Pain

What could trigger a turn in Eur/Usd - my take on it — Hi, Sorry that this is a little late, but I thought I would post my views on the article that JohnDoe provided. At present I am in a long trade and the only thing that scares me is the ...

Jacko's Forex House of Pleasure and Pain

Hey Bo, looks like cable has decided its going up — Bo, Are you still staying out, or planning to revert to the normal daily trade tomorrow?

Trading the Daily

Jest, there was big news - but not scheduled news — Hi , I heard that Bloomberg ran a report that 2 of the ECb members said they were concerned about inflation and might have to raise interest rates. I must admit that although this was several ...

Technical Analysis Fallacy

Just so you dont think I'm talking total Cr4p — Here is a 1hr chart of G/U. Lets us picture what it would look like in 4Hr starting at different times. Look at the low to which I have drawn my Fibs. Then you can see another low 3 bars to the ...

james16 Chart Thread

To Kaysole: Bar close time still can make a difference — Hi Kevin, Whilst it is true that bar open/close time makes less of a difference to PPZs than to bar/candle formation, it can still make a difference since you see PPZs based upon thethe ...

james16 Chart Thread

That looks better - but remember these are zones — Hi Krue, I hope you don'y mind me butting in and adding my 2c worth. Your new chart looks better, however you dont have the nearby daily PPZ on it which on my chart (IBFX - so may be slightly ...

james16 Chart Thread

Most likely long next — Thanks Bo, So at the moment long on a break of 19763 but ignore the short breaks? I notice the daily 5,3,3 stochastic is pretty flat at present, which is unusual. Ian

Trading the Daily