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Islander replied Feb 11, 2008Reversal?? — So now we have the most difficult decision with any trend following methodogy - and I'm still working to find the most reliable solution. The double bottom in GJ in the 8:10 and 9:25 GMT candles is an indication that for now the ...
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Islander replied Feb 11, 2008Nice pips - and as you've noticed, GJ really likes the 50% retrace, especially after a fast move
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Islander replied Feb 11, 2008As I said on the first page, please do your homework as that way YOU will understand what we guys who have put in hundreds of hours of study have learnt....if you insist on a shortcut just zoom in on my posts, but you'll miss out on a lot!
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Islander replied Feb 11, 2008LOL too much to do, thanks GM and Pip - I've edited it.... image
Indicator Free Trading - Skunny
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Islander replied Feb 11, 20085m cable fib walked. — The positive PPI data in the UK caused cable to retrace all of its earlier fall. That has helped GJ into its DZ for a possible sell on the exit with a tight stop. I'm not going to be greedy and so will wait for ...
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Islander replied Feb 11, 2008I see it, that's a < 60 pip range, so far me I'd be down to the 1m chart IF I was going to try to trade it - and the higher low at 08:32 GMT would have suggested a long....but I'm using 80 pips range as my minimum for walking the 5m, so I'll pass
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Islander replied Feb 11, 2008Big bounce in cable after better than expected UK PPI - UJ's continued falling - result, GJ sideways for now....
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Islander replied Feb 11, 2008It must be a season of platform problems - I've had to remove and reinstall MT4 on 2 'puters..... image
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Islander replied Feb 11, 2008Thanks Pip - and I'm looking forward to your contributions... image
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Islander replied Feb 11, 2008Hi GM - thanks for popping in - please use what ever you're happy with - mine are KISSified to help me trade image Issy
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Islander replied Feb 11, 20085m gj walked — Now lets see if we get the retrace.....I could be early walking the fib, but I would not want to chase a push below 206.80 until we see a bounce. So far we have a European Range of 194 pips and that's around the average for the ...
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Islander replied Feb 11, 2008Thanks MB for your support. I find it helpful to keep an eye on the base pairs to see which is behind GJs move and its possible targets - and sometimes, when the base pairs are moving in opposite directions, GJ will go sideways. Then trading one of ...
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Islander replied Feb 11, 200815m & 5m cable — Just to complete the picture - looks like a fakeout at the Frankfurt Open....
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Islander replied Feb 11, 2008Trading Thread — Now up and running: url come and collect pips for your bank whilst continuing our search for that elusive Moley Quail....but do your homework first!
Indicator Free Trading - Skunny
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Islander replied Feb 11, 200815m & 5m GJ — As cable had been sideways during the early part of the Asian Session - Japan has another holiday! - GJ was following UJ's fall. Once GJ failed to rally out of the top of the DZ on the 5m chart,there were several ...
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Islander replied Feb 11, 2008UJ 15m & 5m — After the lower highs on Friday and yesterday showed weakness off the 15m charts we got the sell off after the Frankfurt Open....
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Started Feb 11, 2008|Trading Systems|888 replies
This thread is for students from Skunny's Thread who wish to walk the fibs on 5 min and 15 min ...
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Islander replied Feb 11, 2008Thanks for the info Pip - I'm still sorting 'puter problems, to have to reload and set up both is a right PIA. I guess you've noticed that cable's now -56 since FO and so GJs now hit T2 for -124 from its DZ so far and still falling.... hope a few ...
Indicator Free Trading - Skunny
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Islander replied Feb 11, 2008UJ 15m — So far this morning, the fall in UJ has been driving GJ down - cable has been going sideways. Here's UJs 15m chart - those two lower highs are bearish, but we now have UJ into the DZ and so its action here will decide GJs next move as ...
Indicator Free Trading - Skunny
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Islander replied Feb 11, 20085m & 15m charts — Here's 2 charts: as you can see, the 15m is suggesting a buy after the sell on the 5m....
Indicator Free Trading - Skunny