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    • bronxterp replied Feb 11, 2008

      It just seems to me that those who use the whole 5% success rate seem to be the ones selling some course. These are the same people telling you that you can make millions very quickly if you follow them. I realize that everyone has a different ...

      95% / 5%
    • 95% / 5%
      Started Feb 10, 2008|Trading Discussion|17 replies

      Where does it say that 95% of forex traders fail? Who came up with this number? Where is it ...

    • bronxterp replied Feb 9, 2008

      My best guess — This is my best guess on that Geppy monthly. I turned it into a weekly chart to fib the shorter time frame cycles and this is what I came up with. The yellow fib grid is the last cycle down. When it hit T1 and stalled, the red ...

      Indicator Free Trading - Skunny
    • bronxterp replied Feb 9, 2008

      I think all it takes is one small AHA moment to make it. In my trading experience through stocks, futures, options and now forex (entering my 7th year now), I've done best when I've had one or two scenarios to look for with either 2-3 stocks, ...

      Indicator Free Trading - Skunny
    • bronxterp replied Feb 6, 2008

      The Loonster — I've been studying Skunny's S/R Swing chart for a few days now (the H4 GBP/USD chart exercise from waaaay back) and have stuck some resistance lines out on this USDCAD chart below from the prior swing down. The first attempt on ...

      Indicator Free Trading - Skunny
    • bronxterp replied Feb 4, 2008

      I think that nature abhors a vacuum and that this is a technique that looks to exploit that vacuum. The weekly fib as Skunny posted here may be a technique we can use to find out which way price will get sucked to over the course of the next few ...

      Indicator Free Trading - Skunny
    • bronxterp replied Jan 31, 2008

      Hi Dunkan, here's my take on it. I think that what Skunny has stressed more than anything is getting in the flow of the market. Now of course, my interpretation could be "wrong" according to Skunny and others here, but its my interpretation of the ...

      Indicator Free Trading - Skunny
    • bronxterp replied Jan 29, 2008

      USD JPY — Regarding my last post and the Fed announcement, this is how I'm looking at $Yen right now. The beige fibs represent the bigger cycle. As you can see we've broken to the other side of it but have stalled right below it for a few days ...

      Indicator Free Trading - Skunny
    • bronxterp replied Jan 22, 2008

      I'm framing this one — I'm going to print this one out and frame it. Once the first target is hit in Aqua, I drew the second fibs in deep pink (I'm trying to get my daughter interested in the markets, so I'm using colors she'd like...I know I ...

      Indicator Free Trading - Skunny
    • bronxterp replied Jan 20, 2008

      I trade 5 currency pairs (follow a few more, but don't really trade em) and I run Vhands for each one each weekend on the past 3 weeks of trading on the 1 hour chart. Its really helped me stay in touch with the market flow and obviously I'm learning ...

      Indicator Free Trading - Skunny
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