closed a good portion of the long position now that London closes and letting the rest run

AUD/USD

aud/usd — took partial profit on the aud/usd long, I'm pretty happy about that trade, it announced itself nicely and glad that it worked out....

Fibonacci Trading with Bobokus

looking to long above 0.6566, as long the 0.6492 holds, otherwise market is widening and wouldn't trust a breakout as much anymore

AUD/USD

aud/usd — If 0.6492 breaks the market is widening and I'll take off my buystop....

Fibonacci Trading with Bobokus

aud/usd — long opportunity if recent resistance breaks...

Fibonacci Trading with Bobokus

well done Sherm, I see your exit on your 4hr trade was to the pip.... good choice of limit....

Fibonacci Trading with Bobokus

great trade guys, the fibs told the whole story.....

Fibonacci Trading with Bobokus

Attaching the "river 15 myc" template to MT4 works fine here....

PowerTrading/The River

I agree

PowerTrading/The River

Bo, I assumed that the retracement fib you put - since it's more a shorter time frame fib - would rather be used as a support fib, but not anymore as resistance fib. Price broke up and down several times that I considered it invalidated and put more ...

Fibonacci Trading with Bobokus

eur/usd — we got the intraday long touch, buy stop above last candles high edit: got out at BE, I lost confidence with this setup

Fibonacci Trading with Bobokus

eur/usd — price hit 61.8 ret of last larger downmove, hopefully there'll be some longing opportunity from the new intraday long after a potential pullback

Fibonacci Trading with Bobokus

took a loss too on GBP/USD. After the 9am EUR/USD candle (GMT), 8am USD/JPY the ranging condition and wicks both sides, signaled a market without direction to me. I don't like taking trades after market is showing so much indecision, I try to be ...

Fibonacci Trading with Bobokus

stopped out of gu long, -50 pips

Fibonacci Trading with Bobokus

gbp/usd — buy stop above doji high, SL just below candle low

Fibonacci Trading with Bobokus

Here a quote of one of Bo's many many posts about how to apply the intraday fib (#5234): "The Intraday fib is what I try and use a a gauge for each movement that happens over the course of a single trading day as viewed from the 1 hour chart. Not ...

Fibonacci Trading with Bobokus

eur/usd — pullback to intraday short, sell stop triggered at candle low

Fibonacci Trading with Bobokus

gbp/usd — Long gu just triggered. Also demo, I lost touch with the market today somehow. Double bottom, scalping up to intraday short.

Fibonacci Trading with Bobokus

eur/usd — pullback to Intraday 50% and close below the 38.2%, only demo trade because I didn't trust the setup enough.

Fibonacci Trading with Bobokus

gbpusd — I missed this setup, as I wanted to see a bit more reaction to the intraday low. In hindsight of course I should have scalped it up lol sideways market until franky open, previous rejection of lows and double bottom upward bias ...

Fibonacci Trading with Bobokus