Here's a current chart with a micro cycle (Yellow) fibbed out? Looks logical. We have confluence of the 161.8 Yellow, 100.0 Red, and 50.0 Blue.

Indicator Free Trading - Skunny

Sizz, I have my GJ chart set up like yours. My numbers vary from yours by 2-5 pips, either because we have different brokers or probably because I have my extensions set at exactly 161.8 and 138.2 and maybe yours are at 162 and 138? Will be ...

Indicator Free Trading - Skunny

Bobokus! I see you on the thread. Being an old bud of Skunny's could you help us poor souls out and define the criterea to the beginning and end of a cycle?? Throw us a bone! Please!

Indicator Free Trading - Skunny

Any testing you guys can do Sizz, Pip, SB etc and post on this thread would be great. I won't be able to be at the comp much for a while.

Indicator Free Trading - Skunny

Sizz, I have the impression that 3-5 pips would be considered perfect. Remember Skunny said broker data varies! I am interested in some of your live charts. I think you have a better grasp on it than I. Please?

Indicator Free Trading - Skunny

Pip Hunter: The only charts Skunny posted on that thread are of Gann lines. Are those what you mean?

Indicator Free Trading - Skunny

Sadly, it was drawn retroactively. But Skunny told me in a pm that if price doesn't react perfectly to the fib, it is drawn incorrectly. So I'm just playing around drawing fibs in different ways after a move, hoping for a clue. Have any of you ...

Indicator Free Trading - Skunny

Yah, the 1.6843 level. Hard to read on the chart I posted.

Indicator Free Trading - Skunny

A thing of beauty! Now, if I could predict it consistently, lol.

Indicator Free Trading - Skunny

Well I'll reveal my ignorance. Here are a 4hr and 1hr chart of Eur/Aud with my fibs. Fire away! I'm speculating that price will stall and fall for good somewhere below the red pivot fib (50.0).

Indicator Free Trading - Skunny

Hey Skunny, Good to see ya back. Take care of the important stuff, we'll be here testing until our eyes cross. I think mine have already. I am still missing a couple important keys evidently. Judging by my demo. :

Indicator Free Trading - Skunny

Double Bar Low Higher Close and Double Bar High Lower Close

Indicator Free Trading - Skunny

Getting a really good bounce off the Blue 0.0, but it has been pierced.........we shall see. "Boggles my malted brain this could all be hocus pocus and happy accidents, but I am having a blast" Ditto, Sizz!

Indicator Free Trading - Skunny

I'll take a stab at Sizz's chart. REMEMBER, TRADE AT YOUR OWN RISK!! Here is my take on the Eur/Aud Chart, the price labels are possible short entries. I think it could drop to the 138.2 level of the blue fib @ 1.6284.

Indicator Free Trading - Skunny

1) Draw fibs starting from the left and pull down or up to the right. A. whether it's an uptrend or down. B. your 100% should be at your starting point and 0% should be at your ending point, so that when price actually retraces the move you fibbed ...

Indicator Free Trading - Skunny

"Like comparing a shotgun to a sniper rifle." Sizz, I couldn't have said it better! In my case (compared to the method I was using) it is like comparing a slingshot to a laser guided cruise missile! If there is more to the picture that I haven't ...

Indicator Free Trading - Skunny

Yah, brain crumbling here also. Its all good so far, I know I don't have all the pieces to the puzzle yet but it seems the picture is becoming clear! It seems also what SKUNNY is saying about moves on smaller tf's is completely true!!

Indicator Free Trading - Skunny

Hey Skunny, Sizz, I just grabbed 95 live pips TP was 223.93! I had picked a bottom @ 223.67 (Resistance from one of the last big drops) but chickened out and ran with my money! I opened after 2 double tops in 5 min @ in my fib within a fib!! It is ...

Indicator Free Trading - Skunny

Thanks for dropping us another tidbit Skunny! Remember the big picture and love your family throught this Christmas season! Lol, I think I am one of those you refered too that is trying to over-analyze.

Indicator Free Trading - Skunny

Hopefully Skunny will have time to analyze my theories and either shoot them full of holes or validate them.

Indicator Free Trading - Skunny