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    • Checkz replied Jan 14, 2010

      FxCompass — Can you define what a break is since that is what we are suppose to trade instead of a peirce. Misterdaz told me that this red candle I have outlined is a peirce so I would not enter in on this candle right but instead I need to ...

      Indicator Free Trading - Skunny
    • Checkz replied Jan 14, 2010

      Misterdaz — Do you wait for price to close above the 0 line before you enter. the reason why im asking is alot of times I set an entry order a few pips above the o line (because Im away from my computer) and many times it's triggered by the ...

      Indicator Free Trading - Skunny
    • Checkz replied Jan 13, 2010

      FxCompass — I think Gbp/Usd Just Did the double tap. Now, am I suppose to trade from the 23.6 to the 50 on a reversal. And is this where I began to watch which inner fib level my retracement goes to know which fib ext is most likely to get hit.

      Indicator Free Trading - Skunny
    • Checkz replied Jan 13, 2010

      FxCompass — I traded off of the 1-11-10 single daily candle and noticed that it followed exactly what you said in post #5287. There was a retracement to the .764 inner fib that went to the zero line first and then to the 1.618 fib ext. This is ...

      Indicator Free Trading - Skunny
    • Checkz replied Jan 13, 2010

      Gbp/Usd Update — I decided to move my Stoploss to 50 pips above the 1.618 fib ext after re-reading Post #5287. Now i'm going back to bed and hope to hear from FxCompass soon concerning which 50% fib line I should use to take profit on. Good ...

      Indicator Free Trading - Skunny