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- ThomKnight replied Jan 2, 2010
Looks a right beaut to me. Shorting the Yen is the name of the game. In that catagory.. may I suggest GY or EY.. A brief glimpse of the loonie yen has us to 95+..no? TK
Indicator Free Trading - Skunny
- ThomKnight replied Jan 2, 2010
No Ma'am. The song remains the same. I do not know of a short cut. I would postulate that paying attention to fib respect might be one. File under what i wish I would have known then... , for me, a fib is only working... when it is getting respect ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 2, 2010
G'Day Yes mate! Like I said... i remeber reading Skunny's post and thinking he was a certain Star Wars character , but in retrospect it was clear as day.....but only coming from a place of understanding. I spents hours on hours trying to decipher ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 2, 2010
Charts — Anyone want to pick a pair and take a stab at where it is going? maybe long term. Those are often quite the hoot. I only trade GY and supplement with EU now and again. So I know where they are going, but perhaps for excercise we could ...
Indicator Free Trading - Skunny
- ThomKnight replied Jan 2, 2010
Oy! Happy New Year! I have read a smattering of the posts heretofore and putting in my 2 dimes. Yes the market is people and we move it. To the best of my ability what Skunny's plication of fibs or perhaps EW wave do... or Gann... is illustrate the ...
Indicator Free Trading - Skunny
- ThomKnight replied Dec 31, 2009
Absolumo! I did trade that part short but not like that. We can get into the nits and nats next year. That being said I have immensely enjoyed this dialogue. The breakwater or wind.. chuckle. Was , for me realizing the whole world was in 10 pips or ...
Indicator Free Trading - Skunny
- ThomKnight replied Dec 31, 2009
Using the 61.8 is one of the things I do yes. The market dictates what I do. I use about 4 different ways on the tool. Sometimes they all work.. sometimes some and sometimes... I can't riddle the market out. These instances are amazingly fun. The ...
Indicator Free Trading - Skunny
- ThomKnight replied Dec 31, 2009
No, I do not use the 38.2 like that only the 61.8. I am unfamiiar with stop cascades. If you are asking if I trade smaller time frame near news? no. That will break small fibs. Getting into a move too late.. does not make sense to me in this ...
Indicator Free Trading - Skunny
- ThomKnight replied Dec 31, 2009
These are great questions. The answer.. yes. No trade was triggered. IN this instance though I just picked up the market where it was using your charts sr. If I was in the market looking to use the 61.8 then yes it would have been on the current 50 ...
Indicator Free Trading - Skunny
- ThomKnight replied Dec 31, 2009
Hrmm.. I don;t really have one. I don;t hunt to trade..if that makes sense. The fib I showed I am 100% comfotable trading on the break. I don;t need anything else. I really just looked for the 61.8 and the 50 happened to work with it so that made me ...
Indicator Free Trading - Skunny
- ThomKnight replied Dec 31, 2009
Well, That is not something I understand to trade... , but not inside of what I trade. I love the 50-61.8 but I personally need that before the pierce. So for me... that fib would be a tracking to go short fib and not a trading fib. Ie get a short ...
Indicator Free Trading - Skunny
- ThomKnight replied Dec 31, 2009
Capital! Yes I can, but let me do it this way... by showing what I would have taken. If you dig there are probably many more to find. You only need one. A big flashbulb was letting go of the classic ideal of letting winners run and RR and pip count ...
Indicator Free Trading - Skunny
- ThomKnight replied Dec 31, 2009
Excellent mate! I do personally believe... that there is some unknown order... it is the only thing that fit with what I see. , but to each its own. My thought is this... if you don't have that working hypothesis then.. this style of fibbing will ...
Indicator Free Trading - Skunny
- ThomKnight replied Dec 30, 2009
Good Show! Also... way back mate. Sigh. I wish 3 years was way back. Sacred Geometry... Astrology etc.. I have no clue how to work them for trading , but I am 100% sure they do work. I second the keep an open mind. At one time... the earth was flat ...
Indicator Free Trading - Skunny
- ThomKnight replied Dec 30, 2009
Sure I can continue to post trades and why I took them! Tk
Indicator Free Trading - Skunny
- ThomKnight replied Dec 30, 2009
G'day Mate. I just saw interest in the thread again and hoped I might be able to help someone who was interested. TK
Indicator Free Trading - Skunny
- ThomKnight replied Dec 30, 2009
G'day My personal opinion is that this does stand up to scrutiny as most things good should. I think that having a counterpoint is important. Scotty is asking excellent questions. TK
Indicator Free Trading - Skunny
- ThomKnight replied Dec 30, 2009
But of course!!! TK I mean lets be realistic... we are long for a long time... so trading long is pretty easy pipping. Is there anything wrong with that? Methinks not.
Indicator Free Trading - Skunny
- ThomKnight replied Dec 30, 2009
Also as far as 100% yes there are barriers to this! waiting and watching is one of them! I have personally gotten to a point where I know what I am looking for. I cannot... I repeat I cannot trade every move in the market. I do, in fact, "find" fibs ...
Indicator Free Trading - Skunny
- ThomKnight replied Dec 30, 2009
Another good question!. for me I used a fibbing technique I know and right there the fib happened to line up. My points of view I used a swing...then I saw a 50-138 and then a pierce and THEN when it retraced to the 61.8 and turned that was a final ...
Indicator Free Trading - Skunny