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- ThomKnight replied Jan 18, 2010
have at no worries I don't know about his compass but I know Bobokus' as most fib things are are reactive not predictive which is a horse of a different color then 138.2 Skunny fibbing, but it is all personal preference as you do not need ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 18, 2010
no. on that my first trade would have been anchoring the 100/0 at the bottom and your 7 whatever level would have been my 61.8. I think you would have yielded about 20 pips which is plenty...using the 61.8 that would have been my first move. TK what ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 18, 2010
Sure! I pull fibs in a few different ways. I either start at the 100/0 or at the 138.2 and pull to resistance or support, then i look to see if price is setting up in the fib. (The exception for this for me sometimes.. is the first pullback on just ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 18, 2010
I would imagine it will get a heaping helping of Ireland and Spain in the near future mate. If memory serves I have been looking short on EG to 81 since last march. I didn't know what fuindamentals would magically pop up to support it though. ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 18, 2010
I don't understand that to be honest... it is floating on the bottom...which if we are looking to pull up... will work... but is not ... in my opinion optimal. You may have a different way of doing things that works. the tools is the thing... and ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 18, 2010
duh
nice fib. artificially or suing the tool in a way that illuminates the cycle... I don't have a set way of doing things... i ahve a few but i need to see price is playing ball with what i am doing.. this would be one of those cases. I do not ...Indicator Free Trading - Skunny
- ThomKnight replied Jan 18, 2010
Haha Yes fib don't work nor can I trade fibs. Chuckle. I have no clue how many I have posted mate. I am sure some industrious spirited soul will have a drive to pull every chart I have ever posted to scrutinize...which I welcome. I wil come back ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 13, 2010
Well I would say... 20 pips... is not bad goal since all pips are equal... it is a function of discipline. I often exit early not because I am wrong... but because I am done. This will make sense once rr doesnt. TK
Indicator Free Trading - Skunny
- ThomKnight replied Jan 13, 2010
Hi
You can be successful to a sin with a 60% win ratio. I think the reason why this thread draw ire and ..well...greeners is because people think it is a shortcut... insert slot a in to port b and south of france. I do choose to live my life. I ...Indicator Free Trading - Skunny
- ThomKnight replied Jan 13, 2010
actually... is it? I have posted short GU charts but not confirmed more of idea charts to the short... I rec gents, don;t listen to news.(it is poppycock).. or anyone else.. and just chart. I dunnae trade GU , but I do GY and I am still overall long ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 7, 2010
yes... you may find you do yourself more good by not being glued. You hunt and peck. If it sets up then capital... if it doesn't.. and you are glued.. you start to hunt. TK
Indicator Free Trading - Skunny
- ThomKnight replied Jan 7, 2010
Thats a gas mate! I don't trade everyday. You have to live life. The markets will always be here. The biggest benny to trading is you are not stuck in a day to day. Trade to live... otherwise you are ass over teakettle. Chuckle. Anything new poke ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 7, 2010
G'day How are you chaps doing? Did I miss anything good? TK
Indicator Free Trading - Skunny
- ThomKnight replied Jan 3, 2010
Mate, I am not sure that i understand this question so as to properly answer it? I suppose.. I just look at the mkt and see if i find I can make sense of it. if so ... then i proceed if not I wait. I also get long term moves on instruments and trade ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 3, 2010
Chuckle. yes it works on ticks as well as yearly. It is market structure. I trade daily often. TK
Indicator Free Trading - Skunny
- ThomKnight replied Jan 3, 2010
G'day, I agree to disagree with you. My experience has shown me differently as no doubt yours has as well. On a non combatitive level... I very much enjoy other perspectives as I believe perception is ( your/my own) reality. I have been in the ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 3, 2010
We may disagree on this... let me say fibs are ,but perhaps we do not excute properly. There are much easier approximate methods of trading.. eg.. tls pa and sr... much easier to trade and very simplistic if one want to be very profitable and is not ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 3, 2010
Allo, eventhough this might get flamed. I simply don't give a fig. Once it is triggered there is no issue of possibility it WILL go there and if avoiding redline news is an issue for you or invalidates this in your mind then so be it. but thems the ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 2, 2010
I mean... knowing which way the river is flowing. If your D1 is long.. maybe filter by just looking for longs. It will save on errors. I also know when i thought about this... I thought everything fib was rubbish because if i couldn't 100% trade ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 2, 2010
Righteo! if this does or does not add fuel to certain gents fire... you never want to take a piss at the market. This is very hard to explain, for me, the easiest way to attempt to... with the 61.8... you cannot just pull wildly whereever. Otherwise ...
Indicator Free Trading - Skunny