My rational behind the trade was that price is bouncing of my retracement fibs, these, fibs are incredible, they have been proving support/resistance for a very long time, which is why I have them, in the 1hr chart price broke long, it was a risky ...

Fibonacci Trading with Bobokus

I made about 78 pips on long EU, did it while I was kind of asleep, thats why I just planted TP at the high, wish I had taken on GU as well, atleast finished the day with even 100 pips, but it's thanksgiving here, so I wanted to sleep in, oh well, ...

Fibonacci Trading with Bobokus

Bo thanx for the stop loss tutorial, I unforunately made a loss on friday, because I decided to close on a loss, tiny loss though in reterospect, but the price went against about 60-70 pips and then moved down a lot, I got out at 20 pip loss, but ...

Fibonacci Trading with Bobokus

Well I'm taking a look at the price right now and price is definately stopped and stalled, and the risk definately wasn't worth holding onto the trade. It's always good to watch risk, and asses it constantly, I think trading has more to do with that ...

Fibonacci Trading with Bobokus

I took a pretty modest short on EU banked 52 pips. I know price is moving down further but based on the time of the day I didn't want to risk it. Considering it bounced of a larger 4h retracement fib maybe its indication I should have held on. Ill ...

Fibonacci Trading with Bobokus

Thanx for a good advice, rash and tough and I like it. TheLegace.

Fibonacci Trading with Bobokus

Hey Bo, just suffered a pretty big loss, I am taking a break from forex for a day or two, just been stressed with school, and this is just adding onto it. I was just wondering though, for future references, you mind explaining how exactly you set ...

Fibonacci Trading with Bobokus

I am still wondering who should be panicing, US markets or foreign markets, becuse US dollar is taking back a lot of ground insanely faster than it lost in previous months, it's unbeleivable.

Fibonacci Trading with Bobokus

Took a short on GU, just a quick trade, up about 43 pips, hopefully can close about 80-90 pips. I think it may make it to low of 7554. I'm going to be up all night, so I am going to take this oppurtunity trade, as I get closer to closer to morning, ...

Fibonacci Trading with Bobokus

There was quite a bit of premarket movement. Unfortunately I haven't gotten MT4 running on my PC to show the pictures. The price on GU broke past my short levels, but didnt make it to any other level. It's testing the Intraday short levels, if it ...

Fibonacci Trading with Bobokus

I was able to bank about 30 pips on a long break on EU. now I am waiting to start the weekend after news announcements. Take care. TheLegace.

Fibonacci Trading with Bobokus

Took a 40pip scalp. Good Luck, waiting for market to test LONG TERM LOWS. Cheers. TheLegace.

Fibonacci Trading with Bobokus

I closed at 104 pips, a great trade, feels great that its a live trade. I got a bit greedy and didn't close at my TP, hoping it would make it to T1 levels or something, it probably will, but I am not going to watch because of news announcement and ...

Fibonacci Trading with Bobokus

My Short on EU is up 66 pips, I hope it goes more. And I am waiting for market to close below the retracement levels, but due to the fact of the news announcement coming out, I will just wait and see what happens. Cheers. TheLegace.

Fibonacci Trading with Bobokus

I am still being patient with my trades, as a there isn't any momentum in the markets, and no levels have been broken/rejected yet. There's a lot of expectation for the non-farm payroll news item, that I think momentum will pick up at US open. For ...

Fibonacci Trading with Bobokus

That's exactly what I did, I'm kinda paranoic, but I guess it takes one good move to show that market is finally moving normally. TheLegace.

Fibonacci Trading with Bobokus

I made 60 cents, my first trading day didn't go so bad, although price is still horribly unpredictable, hopefully after news tommorow price might actually go somewhere. If you look on the 1H timeframe there are massive wicks, as for some reason ...

Fibonacci Trading with Bobokus

not that I want to ask you to restate the obvious, but since price has stopped out at extremely strong level is indication to catch a good move up early?

Fibonacci Trading with Bobokus

Well in the long term there seem to be fairly strong support but in the 1h timeframe it seems to take a while for price to retrace so I can see why it makes sense to look at 4h time frame. Thanx for the support. I am being very conscious because I'm ...

Fibonacci Trading with Bobokus

So right now the price is braking, could another short take place, or is the short movement gone to far, right now it might retrace quite a bit, but it might also brake, obviously if it retraces I would have wait until the price gets rejected from a ...

Fibonacci Trading with Bobokus