Good Morning all - looks like I've got some interesting reading with so many overnight posts. However, just wanted to post this before the event.....UJ and GJ both have 144 period time lines off the 15 min chart coming in between 7:00am and 7:30am ...

Indicator Free Trading - Skunny

So, after reading this thread about self development of our own personal style based on fibonacci principles this is your question........ Guys - just click on this posters avatar - preferably ignoring its provocative content - methinks we have a ...

Indicator Free Trading - Skunny

LOL - I got told the party moved south, so I'm leaving the Caymans and Virgins and I'm heading down south, accross the equator to try the Caipirinhas with a couple of other traders...... image url

Indicator Free Trading - Skunny

[quote=dagoods;1838596]lol the more i practice the more i get the hang of this... it IS all there in skunnys posts isnt it.... KISS indeed thanks guys PS pipr i just made a measley 9 pips on this trade...guess I am done for the day...and well on my ...

Indicator Free Trading - Skunny

Nice example PPP - as you know, I keep the 76.4 and 23.6 levels on my fibs, designated as Alert Lines. Here the first push back down stopped in a red spinning top 2 pips above my AL line, thereby "alerting" me to the higher low and possible mini ...

Indicator Free Trading - Skunny

The easiest way to break-up the 1 hour chart that PPP posted is to drop down to the 15 min TF - that brings up more smaller range fibs - some of which will align with those on the 1 hour chart. If you drop down to the 5m TF, then you have even more ...

Indicator Free Trading - Skunny

OK I've finished moving a $3M fiber-glass "hole in the ocean" and its safely tied up without a scratch - quite relaxing after all this trading. Came back and found this set up begging to be taken. On the 5m chart, the minimum swing that I'll fib is ...

Indicator Free Trading - Skunny

Nice one PipH - I had the same set up, but was late entering as I was asleep! From a Sell on the exit from the DZ, T1 was 120 pips and T2 156 pips.... image ....this is where a trading plan with multiple exits really works. There was a two point ...

Indicator Free Trading - Skunny

Pip - as I understand it so far, we should be using whole numbers - 1.0, 2.0, 4.0 etc OR if a number less than 1.0 either a 0.5, 0.25 or possibly .618 or .382. I try not to use more than a couple of angles at a time, both +ve and -ve. Just my 2 pips ...

Indicator Free Trading - Skunny

Hi Seb - with gann lines there are soooo many possibilities! I'm thinking that multiple hits - like the thick red and blue which have been hit hours before - are useful, as are lines that are getting hits together with a time ratio. I also only take ...

Indicator Free Trading - Skunny

That sounds like 160+ pips, dancing the night away, and some sleep too.....nice work.... image

Indicator Free Trading - Skunny

Sizz - you are hereby promoted to "I.C. Camp Fires - Island Division - Skunny Traders for the Enjoyement Thereof"......I vote for the location of the aformentioned fire is the Virgin Islands, but might consider the Turks & Caicos or Bahamas......I ...

Indicator Free Trading - Skunny

Hey Sizz - I had the same 15 min chart - but entered off the 5 min as shown above. Now - as Dagoods asked - here is where I've placed my latest 5m fibs - I've used the tighter range as the 50% level lines up with my Daily Pivot line which will be ...

Indicator Free Trading - Skunny

It really is best for you if you read the thread, that way you will understand what Skunny is showing us and how I have adapted his and Bo's ideas to modify the fib tool. A shortcut is to just look at my posts, but then you will miss out on the ...

Indicator Free Trading - Skunny

The ISM data was released an hour early and UJ dropped 60 in 6 mins, helping GJ to pass its 162 extension. I have a 15 min 132 target at 209.72 and I think that will also get hit.... Edit: low of this move was 209.50 for -180 pips from the Sell on ...

Indicator Free Trading - Skunny

hope you were dressed for warm weather.....I was.... image

Cesarnc's market talk, gossips, rumours & fun

Hi DX sorry about your move, nice chart and Gann line - I've got the same image

Indicator Free Trading - Skunny

Excellent, erudite post.....as for the Gann, that's icing on the cake IF we ever crack it with consistency..... image

Indicator Free Trading - Skunny

For me, I'd drop down to the 15 min chart and then trade some of those internal - on your chart - moves. With so many fibs on the chart its a tad difficult to work out what your trying to say..... image ..... image Edit: PS - your 1m chart lines up ...

Indicator Free Trading - Skunny

I trust that everyone following GJ on the 5 min chart will have seen the great entry after the pull back from this mornings High failed to carry on up and gave a Sell on the exit from the DZ in the 14:30GMT candle. That went straight down to hit the ...

Indicator Free Trading - Skunny