Listen to Denise Shull - her audio has helped point me in the right direction regarding emotions. Google her name she has a few free audios around the net. Start here: url

4 Hour Strategy (MACD)

8EMA Bounce — I have found with going through the past couple years of charts that price usually bounce from 8EMA on fast moving conditions - usually after breakouts. So I don't trust the 1H TC entries when price is near the end of a run like ...

4 Hour Strategy (MACD)

Ryan, Wondering what was the reasoning for exiting this trade? Price went thur 89 and you are expecting it to come back and test it?

4 Hour Strategy (MACD)

EUR — This mornings EUR trade was a perfect TC trade - was anticipating this since last Friday. I am still in it with 50% trailing the stop using the last 4H low - calculated & set every hour automatically. Best thing is I haven't checked it ...

4 Hour Strategy (MACD)

" If we get to the point we stop pulling the high of it and price begins to test the levels without making new highs and the levels fail and price breaks the short fib level of your retracement fib...your targeting T1 of it ...Short. " Bo, I just ...

Fibonacci Trading with Bobokus

Normally I would look for price to enter the area between the green & the thicker white dash MA then look to price action like the current latest bar, candle support strong close (like in the chart) and wait for another bar providing action of flow ...

Fibonacci Trading with Bobokus

Eur Fib Placement — Bo, Hope you don't mind looking at the EUR as I want your input on my placment of the Fibs on the charts below especially since you already have the GBP fibbed. From looking at the chart I placed the UP trend using the ...

Fibonacci Trading with Bobokus

Being watching cable live all week - eyeing the S/R levels. I am blown away how price bounces from the inner fibs & very often hitting the external targets to the pip - it has given me a much better view to price movement especially in situations ...

Fibonacci Trading with Bobokus

Bo, Price appears to be heading lower but there are lots of support fibs to go through. Even though price is below the intraday short fib am I seeing this correctly that price needs to break yesterday's low (current swing low) or even 9450 to enter ...

Fibonacci Trading with Bobokus

GBP Currently — Bo, Is my analysis correct for the upcoming day -- I have redrawn the intraday fib. I have added the retracement fib which for now is basically yesterday's intraday fib. Price is currently within the intraday zone but because ...

Fibonacci Trading with Bobokus

So your bias is long because yesterday price trended up. And if the price broke the short fib you would also go short. I assume these are high proability trades compared to the scalps. Do you use stop orders for entry? You also have the daily Trend ...

Fibonacci Trading with Bobokus

Bo, Where would you have entered the short trades?

Fibonacci Trading with Bobokus

CAD — Just took a short on CAD - Through 21 - Retest 21 to 89 - Nice 1H Basing Pattern Resistance - Price Failed to go Up 3 Times at 50% Fib of yesterday's HiLo on 1H Entry 1.0277 SL 1.0316 Half SL risk when price reaches 1.0247 1ST 50%PT ...

4 Hour Strategy (MACD)

I just went through and re-read some of your posts - and it is much clearer now. So in todays situation when price broke short and you took profit then when price re-entered the intraday zone and broke the long fib you would go long. You would then ...

Fibonacci Trading with Bobokus

I just started reading this thread a few days ago. And I watch how price action interacted with the fibs levels - very interesting. How did you trade this? Thanks.

Fibonacci Trading with Bobokus

Bo, Cable just hit the retracement target 9364. How would you trade this? Would you trade the bounce on open of next bar? Thanks.

Fibonacci Trading with Bobokus

Ira, Can I ask how you pulled the trigger on the EUR? I was anticipating this trade but by the time the 1H MACD gave me the TC trigger signal it moved too much for me - I get fustrated with the indicator because it lags so much. Thanks.

4 Hour Strategy (MACD)

I am currently trading Phlllip Nel's 4 Hour strategy - but will also be adding a breakout entry using Delta as the direction filter when market is in a consolidation like the current EURUSD breakout. I want to capture valid breakouts without having ...

Delta Phenomenon

Came back after lunch position closed automatically at +39pips. I am taking Ryan's advice and no longer staring at my trades.

4 Hour Strategy (MACD)

CAD Long — Long CAD at 1.0260 - SL 1.0211 - TP 1.0299 (will take 100% profit due to slow trend market) - Will half SL risk when price reaches 1.0277 - Will give trade time to play out Early entry on 1H showing good support with tail at 4H ...

4 Hour Strategy (MACD)