Hey Thex, Do mind clarifying a little on where you place your stops based on the "conservative strategy" from your Nov. pdf? I'm not talking about what you do with the 1 min chart trailing the stop, I mean based on just what you have in your pdf ...

Thexder's journey to(ward?) freedom

My understanding of this is different brokers = different data = differrent fib levels. "To the pip" of which broker? Because brokers are different you need to take that into consideration.

Fibonacci Trading with Bobokus

Early? Its 4 am here! Geez. Maybe I need to move to England so I can stay awake during London session. Currently have swing fib on last 2 candles, looking for a scalp. The problem is, the bias is long and the trend is short. Maybe I'll wait for a ...

Fibonacci Trading with Bobokus

So, you have created a conservative approach for a foundation to work with (close position at T1, trade only in direction of original bias), now you can just look for ways to improve it, creating more high probability entries and letting profits ...

Thexder's journey to(ward?) freedom

I've found it works best in combibation with the fib method. It allows trades (mostly scalps) that would normaly be passed up, especially by the standards of your Nov. pdf, and the fibs also prevent bad trades by showing levels to use caution ...

Thexder's journey to(ward?) freedom

Do you know of a good resource to learn Gann lines? A book, perhaps another thread?

Fibonacci Trading with Bobokus

So, are you just waiting for a bigger move out of this consolidation before you place your swing fib? I placed the swing fib on the chart below, is this not a good spot?

Fibonacci Trading with Bobokus

The way you have been moving your stops up on the 1 min looks very similar to Kharvell's strategy (here url ).

Thexder's journey to(ward?) freedom

Ah, thanks. I didn't know.

Fibonacci Trading with Bobokus

I'm looking forward to your journal (if you don't mind posting it). Your last one helped me immensely.

Fibonacci Trading with Bobokus

Hey Bo, Do you mind posting a template so I can be sure my chart is the same as yours?

Fibonacci Trading with Bobokus

I just went through 2 years on the daily with vHands. It was very profitable in testing but I still don't think I have confidence to wait out massive drawdowns that last 2-3 months. However, I didn't get stopped out at all during the test.

Fibonacci Trading with Bobokus

I have been using vHands and not really demo trading much (I'm easing my wife into the idea of working night shift). I don't intend to scalp but most of the time that is what I end up doing, watching PA closely, because price might hit T1 or T2 on a ...

Fibonacci Trading with Bobokus

Exits — I might be having a similar problem to jicjoc, I'm not sure exactly when to exit. I have tried a few different ways with vHands. What has been working the best involves watching price action closely with the 1 hr and exiting when price ...

Fibonacci Trading with Bobokus

LOL — You know how we say LOL but maybe don't REALLY laugh out loud.......well I actually did LAUGH OUT LOUD with this one, for a minute our so!

Indicator Free Trading - Skunny

If anyone knows of a broker that you can do this with please share. Or maybe with the proper persuasion a broker might make this option availible!

Indicator Free Trading - Skunny

Well, too bad for Onada! There are pro's and cons to hedging, so I can see why some might not think this is a good idea. Pros: say market goes against you (or farther then you expected anyway), hedge and when the market becomes more predictable ...

Indicator Free Trading - Skunny

Ever thought about just opening a position in the opposite direction (hedging) when the drawdown gets uncomfortable? You lock in a pre determined loss, which if the market becomes more predictable down the road you can turn into a win. If it doesn't ...

Indicator Free Trading - Skunny

At this point I am just testing these methods, and do it manually. As you may have noticed with vhands a candle will not be doing much and then all of a sudden shoot up to 138 and retreat quickly. What I do is when it comes close put a stop closely ...

Indicator Free Trading - Skunny

One thing Bobokus stressed in his thread was that don't expect the fib levels to be honored to the pip. Differen't brokers = different data, etc. As long as it is close it counts.

Indicator Free Trading - Skunny