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- ThomKnight replied Apr 26, 2010
Fibs trading toast mate! A pierce of the 138 is a move signal. I only keep the blighters if I see a to the tick hit of the 138 ... a good tight stop trade in the opposite direction..or take it on the break of the inners if it happens as it is ofte a ...
Fibonacci Paradise
- ThomKnight replied Apr 22, 2010
always... 138 fibbing? you mean using the tp as the starting point for the fib? TK
Indicator Free Trading - Skunny
- ThomKnight replied Apr 22, 2010
Any of you gents hopping on the northbound GY express? TK
Indicator Free Trading - Skunny
- ThomKnight replied Apr 22, 2010
uh sure mate if i can answer em, I will! no worries! also... when you think about it... a lot of "pros" only use one set up. You never need more, but that is old hat. I knew a gent that wouldmaybe take one or 2 trades a month because that is all he ...
Indicator Free Trading - Skunny
- ThomKnight replied Apr 22, 2010
Also hope you blokes are good and finding what works for you. TK
Indicator Free Trading - Skunny
- ThomKnight replied Apr 22, 2010
Longer term looking at monthly of 96 ish. but it has been whipping around since that was signalled in oct of last year. so as always follow price. Chart is kind of a mess a fun semi gambly short(because of stop placement) would be a stop at 9294 ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 29, 2010
I believe if memory serves I am targeting... 1.17..how long.. who knows. Fair play mate. I don't not trade that way. I will just pick hourly to daily charts. I don;t much care where it goes ( other then for sport and pub talk) long term just care ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 29, 2010
Patience! Chuckle. It is more tired then me after a flight of stairs.. but it is true as the nose on my face. I am sure you know this... but for greener traders... I would wait 364 days for the one trade i knew was 100%. Let them come to you. You ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 29, 2010
Tre Bien! TK Lots of very good simple trades this past week eh? Hope you gents took the punters' lunch money!
Indicator Free Trading - Skunny
- ThomKnight replied Jan 21, 2010
Are you daft bloke? You will lose if you guess. I could be blind, but I see nothing active off of that... TK Edit: I was wondering how JPM would hit 7$ per share. Thank you Mr Obama. Could be wrong....but with the potential removal of trading ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 21, 2010
It takes some time to get used to mate. You will want to exit trades...just to see them turn and go to your target. It is a thing of beauty...that is terrifying for us trders at first. You get over the RR hump... once you take the view you won't ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 20, 2010
Chaps this is where we are going eventually... how we get there... well we track price. I don't see the reason to trade this pair. I recommend stick to EU GU GY you will find your favourite in there and dime to dollars it should be GY. Also Djia ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 19, 2010
If Skunny fibs are not for you and you want something that is fantastic and very simple and common sensical is what I ahve seen of clockwork or j16. It is a little more on the loose side then something i used to trade but it WILL make you wealthy. I ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 19, 2010
High roller ...no that is curve fitting unless there is some way you could trade that beforehand. It might be and I just never perused it. to the pip hits mean nothing to me... unless they happen to happen. This is very odd...I can trade Skunny ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 19, 2010
Mate, I heaar you however one of the biggest reason the unwashed trading masses fail.. is improper stops..so on that train... until you understand how you trade , stops are a secondary concern. one of the most baffling concept to me ever is a fixed ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 19, 2010
Don't be somber mate! I think... once people stop trying to say there is a finite x then y then z... it will be much better for them. If that is your experience... then it is. I am just saying it is not anything i look at it. It could be useful to ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 19, 2010
Is it? I am unaware of that, Mate. For me in a fib I don;t care about closes and opens and etc.. and if it retraces past my 61.8 it just means it is following not that fib at the moment.. dpending on the fib it doesnt invalidate it. Plenty is the ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 19, 2010
it is up to you how you trade the information is your business.
Indicator Free Trading - Skunny
- ThomKnight replied Jan 19, 2010
A to the tick hit and watching I suppose. I have no interest in that. I know my target will get hit and that is where it begins and ends for me. I have run down the rabbit hole of trying to predict turn arounds and aside from being a bragging ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 19, 2010
I mean you can't just keep moving the fib up the sr tree like a monkey mate. and yes the reason why most Skunny fibbers appear to fail is because they do not comprehend the concept of respect and use concepts like zones or approximates as is the way ...
Indicator Free Trading - Skunny