News . . pah ! — There is a school of thought, that I have heard from more than one source, that says that News does not change the direction that price was taking, it simply makes it get to where it was going quicker . . . if this is the ...

Indicator Free Trading - Skunny

From the Man himself — If you have a 100% method you only need to worry about stops for emergency reasons . . . everyone else needs stops in the right place, if you manufacture a stop to get better R:R your accuracy will suffer, usually.

Indicator Free Trading - Skunny

A little something I knocked up . . . — The spreadsheet attached might help . . . the answer is 2.63 : 1

Indicator Free Trading - Skunny

Thom where are you ? — Should we consider this to be a default by Thom ? how many did he do before going quiet ? was it 2 ?

Indicator Free Trading - Skunny

One way . . . there are other ways — Just open a chart, any pair, pick Monthly TF, zoom out, this chart isn't moving anywhere soon. Now setup all the Fib types you want on this chart, the chart never moves so you will always be able to see ...

Indicator Free Trading - Skunny

Can't spend pips . . . — Sorry to butt in, couldn't help myself . . . but that is a daft and irrelevant question. Pips are meaningless, when you have realised that you will have realised something very important.

Indicator Free Trading - Skunny

To be clear . . . Fib golden section (GS) is 1.618033989 reciprocal of this is 0.618033989 (approx 61.8%) take this away from 1, so 1 - 0.618033989 = 0.3819660113 (approx 38.2%) This is where we get our "standard" Fib levels as used originally in ...

Indicator Free Trading - Skunny

so I guess you agree with the commercial Happy New Year to one and all.

Indicator Free Trading - Skunny

An update — Just to update my one and only thread . . . I did this eventually, I used a script to draw 2 trend lines as a cross +, the user can then move the trend lines and the script uses the TLs to draw the rhombus (using 4 more TLs), it ...

A couple of quick questions ;-)

Hi Drum if you still need this script let me know. I will need to do a little research, I've not done anything with trades in any of my scripts yet, but I'm pretty sure I can do it.

Trade Manager needed!!!

Thanks for the quick reply, had a try of this and I just get 2 triangles, I'm really after a rhombus that I can drag around from a simgle point and automatically keep it as a rhombus, i.e. sides equal and parallel. Thanks, will take a look.

A couple of quick questions ;-)

OK, see your point, what I should have said is that I think the Fib I posted is where Skunny started and is the Fib he used for his Short trade, that then completed the Fib and he then moved it. Time for bed here in the UK, so night, night all, hope ...

Indicator Free Trading - Skunny

Thanks I'll try and give you a possible steer, my answers to my questions might be wrong . . Q1. and Q2. look at the chart I have posted. I think this is the correct Fib and probably the one Skunny used, bear in mind that although the PA crossed ...

Indicator Free Trading - Skunny

An exercise that may help — I have used the following chart that Skunny posted as an example and reference to help my studies over the last few weeks. url I have had a few questions about this chart, to which I think I now have figured out ...

Indicator Free Trading - Skunny

I hope you have it right also . . good luck to you if you do I know of another FF member that has had just the same kind of AHA moment many times . . . only to realise a short time later that it was a false AHA. I think that his last AHA ...

Indicator Free Trading - Skunny

It looks to me as if you Fibbed the 5 min bars and then traded the 5 min bars, yes ? I think that is a bad move . . . try Fibbing the hour bars and watching the 15 min bars . . also, as has just recently been pointed out, you need to watch out for ...

Indicator Free Trading - Skunny

In my humble opinion, not trying to answer for Skunny, I think you should pay special attention to post 45 in this thread, especially where it says the following: I would add to this . . . when the extension (take profit TP) point is not hit on the ...

Indicator Free Trading - Skunny

If I had to make a guess . . . the +-4 Ganns still work on those TFs

Indicator Free Trading - Skunny

Figure it out through Vhands . . . even if you torture the bug how will you know if it's telling you the truth.

Indicator Free Trading - Skunny