galaxy, why didnt you draw the fib from 107.55? ... arnt you susposed to draw the lines from the bottom and tops of the trend lines? thanks

Fibonacci Trading with Bobokus

bump I've seen this video ( video ), but i dont use a 5min and I'm still having a hard time knowing where exactly to draw my fibs, it seems as if, support and resistance levels are so far away, that the lines I draw are "un-reasonable"... maybe I ...

Fibonacci Trading with Bobokus

What is the favorite time frame among fib traders? Also when a pair retraces 50%...at that moment in time, what should I be thinking to myself? 50% is an important level and I may not get a second chance for entry, but on the other hand it could ...

Fibonacci Trading with Bobokus

Also does anyone here use fib fans, and do you find they work as well as fib retracements do?

Fibonacci Trading with Bobokus

kat, how did you not get stopped around 8319? HOW wide was your stop?...and r/r ratio? thanks

Fibonacci Trading with Bobokus

I don't know about everyone else, but my forks are not being respected (EJ, UJ, EU) and I cant find a fork for GU...if anyone else can. I wonder if I am doing something wrong or if price is just real jumpy. here is a fork of uj on a 2hr. The orange ...

Andrews Pitchfork (Median Line)

I had this question my first couple years of trading...and I'd have to agree with the 1st two posters. Price. Here on some problems with indicators that I've had: 1. You start with one 2. You then add more indicators to your charts (more the better ...

What best indicator to entry signal and TREND?

I think EU will be at 5700 by end of this week...I hope. I'm short

EURUSD

Nice fork setting up on the 1hr.

Cable Update (GBPUSD)

You seem to like the 1hr charts..what do you think of E/U here?...bounce to 50% at 5771?...I'd like to short it down to around 5500 on a pullback...i just dont know when/where

Fibonacci Trading with Bobokus

What made you want to go long there? also does anyone here trade off multiple time frames for their fib trades or can a trader use one time frame only and be fine?

Fibonacci Trading with Bobokus

i've been looking at fibs on a 5min...no indicators or anything else. Can fibs be traded successfully off just one time frame or do i need to look at longer time frames to see trend?...(I've been looking at the 1hr for trend)

Fibonacci Trading with Bobokus

when you have a sliding parallel on a fork..how far should price fall from the fork before a sliding parallel becomes almost....pointless?...when this happens, should a new fork be drawn?

Andrews Pitchfork (Median Line)

yes thats right. but also check it out on a daily and you'll see that we are at a tripple top.

EURUSD

technical question. when drawing the fork lines, and price makes new highs or lows, do you need to move the fork lines to those highs/ lows or can you keep them where they are and use a sliding paralel if you want? I have a chart here showing where ...

Andrews Pitchfork (Median Line)

4hr with forks.

EURUSD

How do you guys that use forks time your entrys? do you go to a smaller time frame, use some kind of indicator...? thanks

Andrews Pitchfork (Median Line)

Here is a chart for gbp/jpy on a 15min, but it shows an example of how i use the sliding paralel lines. Here price penetrated the fork, so I took a sliding line and made a new "fork" or more like a channel for price to trade inside of.

Andrews Pitchfork (Median Line)

pips4life...with that many lines, HOW can you possible trade without saying to yourself.."price might reverse here" every time it goes up or down 20 pips or whatever it may be?...Not to mention you have horizontal s/r lines as well. On a chart like ...

Andrews Pitchfork (Median Line)