I have a hunch from what he said that if they only touch a level (not penetrate) they are signal a real reversal. If the nose of the pin penetrates the S/R then it is not a valid reversal instead it would signal a continuation to the next level. I ...

Indicator Free Trading - Skunny

Um....when a cycle ends, I don't think the next cycle will necessarily be the opposite direction. Look at the chart above. If we assume his TP was the end of a cycle. Price continued to shoot up........so therefore the next cycle was up also.

Indicator Free Trading - Skunny

I did the very same thing Kenneith, except my 161.8 is at 1.9927. I grabbed most of the pips from the 100.0 line to the bottom. My TP was hit TO THE PIP!! No wonder I'm excited! I've never projected a pinpoint target like this! Never, Never, Never!! ...

Indicator Free Trading - Skunny

This chart Skunny posted of his G/J trades supports my theory. If I am correct a new cycle started and the old one ended where his TP was @ the 138.2 line. I believe if price had reversed @ the 0.0 line and never dropped below it again the end of ...

Indicator Free Trading - Skunny

Another thing I'm noticing: When I draw my fibs as I posted before. It seems quite often that the outer fibs from the smaller TF, are very close to lining up with the inner fibs of a larger TF! Great Stuff!!

Indicator Free Trading - Skunny

[quote=Pip Hunter;1767130] I think we are on the same track! I managed 110 demo pips on the G/U because of my fib!

Indicator Free Trading - Skunny

The bolded areas above line up with what I am seeing also. Some theories that I have after studying this are: 1. A completed cycle could mean several things. a. 1 unit of time b. a unit of price (top/bottom) c. a measurement of both 2. I think a ...

Indicator Free Trading - Skunny

Blueruby and Sizzler, I am as excited as you are! I haven't been posting much, mostly reading and stuying. vHands and trying to make heads or tails out of the fibs that Skunny has posted on this thread. My 2 main questions after all this are: 1. How ...

Indicator Free Trading - Skunny

Remember....95% of traders have it mostly wrong!

Indicator Free Trading - Skunny

Thanks again Skunny for the hints and ideas! I have enjoyed the homework you have given so far. Definitely has piqued my interest!! I have noticed enough to make me extremely anxious for more. As far as you providing a "system" for us to experiment ...

Indicator Free Trading - Skunny

Out of short @ BEP. Need to demo this some more. Thanks for your help Mindforex!

bo7a method... method for GBP/JPY

I'm out of long @ -12 and short @ 228.35 + 6 currently.

bo7a method... method for GBP/JPY

So now what.....price and ema's are below ema 90 and we have a short arrow??

bo7a method... method for GBP/JPY

I'm in with 2 mini lots @ 228.48.

bo7a method... method for GBP/JPY

Hi Skunny, I'm with Hanover on this one........didn't realize you had started this thread. Boy, glad you are doing it and glad I found it!! Very eye-opening stuff here! Please save me from myself and keep it coming. Also, your father is in my ...

Indicator Free Trading - Skunny

Has anyone noticed the Huge Pin Bar on 4hr U/J? Last time this happened on my chart there was 100 pip drop, time before 400 pip drop in U/J and G/J followed!

Auslanco - GBP/JPY and GBP/USD (newstrade)

Karmo, I am an only an observer on this thread most of the time. My hat is off to you and your keen understanding of price movement on G/J! I can only hope one day to grasp half as much of this as you have! Thank you so much for your helpfulness! ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Hi JohnW, I've been following this thread with interest. I am curious how the training with the 2 friends is coming?

The Holy Grail - Found

Hi Breeze, I have been following your thread with interest. Would like to understand more about psych/adx. Which TF is important for the psych reading? Which levels are important and why? How do I read ADX? What are the settings for ADX? Kind ...

Breeze....Update on GBP/JPY

First time poster........ — Many thanks to Aus, Karmo, Markam etc. for this great thread! I am learning this great system and starting to be profitable, finally. I am setting up my charts to match Aus'. Would someone kindly pm or post the ...

Auslanco - GBP/JPY and GBP/USD (newstrade)