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LetterBlack replied Mar 29, 2011Examples of these momentum candles. Again lets keep in mind you have to watch them reacting live. Relying on their shape or size alone is not enough. That is why its called price Action

Indicator Free Trading - Skunny
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LetterBlack replied Mar 28, 2011Here's mine from earlier. I like attaching notes and keeping chart pics in a folder. Helps for reviewing them later. When you watch price alone long enough and price around these fib levels you'll often see these nice what I like to call momentum ...
Indicator Free Trading - Skunny
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LetterBlack replied Mar 28, 2011Question if I may. Hope you don't mind. What would you count as being a definite reverse? I'm just curious. Also why would you call this a false signal? Does it happen repeatedly? I ask because a system should not be discounted because a person had ...
MA + Momentum system
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LetterBlack replied Mar 28, 2011I seen you posting at Bobokus' thread. U no longer there?
MA + Momentum system
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LetterBlack replied Mar 28, 2011I just read that again and had to quote it.
Yes u are right. Mistakes will happen and they should be expected. Learn from them but don't let them drag you down or keep you from trading.Indicator Free Trading - Skunny
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LetterBlack replied Mar 28, 2011Nah , not charting like Bobokus. It was recommended that I read both so I have been studying his thread too. Looks pretty solid over there , so that might change for me. Maybe too complicated for my small mind though. The fibs here appear less busy ...
Indicator Free Trading - Skunny
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LetterBlack replied Mar 28, 2011By the way , nice lookin trades darrenlittle. Appears to be good risk reward set ups. I think thats the right way to trade these puppies

Indicator Free Trading - Skunny
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LetterBlack replied Mar 28, 2011Not to stir things up in this thread again, but I feel I need to comment. I find the 100% idea to be something to think about, but not something that can be done all the time. Loses are a part of this game, or any game for that matter. The pursuit ...
Indicator Free Trading - Skunny
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LetterBlack replied Mar 28, 2011I guess to each there own. Do you find this always the case with yen pairs, or just lately? Sorry you already answered saying because of intervention.
The yen is known for intervening to keep its currency values down, but my belief is ...Indicator Free Trading - Skunny
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LetterBlack replied Mar 26, 2011The magma seems to take on two shapes. That of new life and that of destruction. My eurjpy trade failed. The low was a target hit of a fib from the main high, so my thinking is I should not of been short there. I wonder if this is the reason some ...
Indicator Free Trading - Skunny
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LetterBlack replied Mar 25, 2011To the person that sent me a pm I want to say thank you. I cant pm here yet. I am not sure why. Maybe lack of posts but wanted to make certain you know your pm was appreciated.
Cheers 
Indicator Free Trading - Skunny
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LetterBlack replied Mar 25, 2011See its words like this that speak volumes to someone like me. I LOVE the attitude here. Actually I do have one very tiny question
. Maybe I should PM you though. Its quick I promise! Cheers! Hmmm - can't see to PM anybody yet. Not enough posts ...Fibonacci Trading with Bobokus
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LetterBlack replied Mar 24, 2011Alright after reading through more posts it appears this thread is pretty dead. Either everyone is at skunny's web site or off doing there own thing in private?
I guess I'll quit posting. Don't want to stir up the mean crowd
, ...Indicator Free Trading - Skunny
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LetterBlack replied Mar 24, 2011Here is what I was following on eurchf. Forgot to post this earlier. Been watching the yen move sideways all week and its driving me nuts.
Indicator Free Trading - Skunny
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LetterBlack replied Mar 24, 2011Eurjpy, I think its looking good. Decent risk to reward with prior trigger and now entry at the inner fib levels.
Indicator Free Trading - Skunny
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LetterBlack replied Mar 23, 2011Now might be a good time to short that bad boy.

Indicator Free Trading - Skunny
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LetterBlack replied Mar 23, 2011Approaching march 11 highs. Could be a good low risk opp to look for shorts. Waiting for PA to show its hand. Ace of spades will do. No jokers please.
Indicator Free Trading - Skunny
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LetterBlack replied Mar 23, 2011Thanks. I traded at the inner levels. Look for price action near them and watch how PA reacts. Better risk to reward this way. For larger time frames I zoom the chart out and use my period separators.
Indicator Free Trading - Skunny