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- FX Compass replied Jan 25, 2010
Long to 1.4220 then 0 line double tap is completed on monthly Fib. The bigger timeframes are controlling this move.
Indicator Free Trading - Skunny
- FX Compass replied Jan 25, 2010
Hi Md, You asked where price would stop going down on EURUSD Draw a Fib down last months candle in the correct direction. Is there a triggered trade in play ? Is the 0 line waiting for its second tap before we move down?
Indicator Free Trading - Skunny
- FX Compass replied Jan 24, 2010
Md, Step back and look at the bigger picture. I think we'll see an upmove to double tap the line first, then down. The journey has already begun.

Indicator Free Trading - Skunny
- FX Compass replied Jan 24, 2010
You're welcome. Hey, how good does Md look after he had his makeover.
Indicator Free Trading - Skunny
- FX Compass replied Jan 23, 2010
Checkz - clarification. — Checkz, I have re-posted the same chart that has confused you, but this time with one more Fib added to clear the smoke for you. If I wasn't certain about the starting point (whether 78.6 or 61.8) for the short trade, ...
Indicator Free Trading - Skunny
- FX Compass replied Jan 23, 2010
Hi Checkz, I only use the Fib Fan to see if price is behaving as expected - I don't enter trades from it. If a price move is weakening or strengthening, this can be seen by how candles move outside the Fan channels or respect them.
Indicator Free Trading - Skunny
- FX Compass replied Jan 22, 2010
Bartstop - Triple Cluster - try this. — Hi Bartstop - Outside Fib is a weekly. Middle Fib is a daily. Inside Fib is single wave. See the three Fibs have clustered at 0 line on the weekly, the 50 line on the daily and the 161.8 extension on the ...
Indicator Free Trading - Skunny
- FX Compass replied Jan 22, 2010
She would be too, I hope they let you keep her.
Indicator Free Trading - Skunny
- FX Compass replied Jan 22, 2010
How about and Agelina Jolie avatar... so we have something nice to look at when we are conversing.
Indicator Free Trading - Skunny
- FX Compass replied Jan 22, 2010
If your avatar is anything to go off, you should stick to munching on grass.
Indicator Free Trading - Skunny
- FX Compass replied Jan 22, 2010
Checkz - GBPUSD — Hi Checkz, straight forward trade yesterday. I entered at 78.6 short - target was the 0 line as per my predicted targets post. SL was the 100 line and if it was hit then I would have reverse traded it to the 138.2 also as per ...
Indicator Free Trading - Skunny
- FX Compass replied Jan 22, 2010
My pleasure Checkz, after all, we are all in this together.
Indicator Free Trading - Skunny
- FX Compass replied Jan 21, 2010
Nice to see you guys making some solid trades... with whichever Fib setups rock your boat.

Indicator Free Trading - Skunny
- FX Compass replied Jan 19, 2010
I have target hit at -161.8 it should be headed back up now.
Indicator Free Trading - Skunny
- FX Compass replied Jan 19, 2010
Speedarad, Do you take the trade from the 38.2 being the Intra day short all the way down to the 0 line being the Intra day low ?
Indicator Free Trading - Skunny
- FX Compass replied Jan 19, 2010
Anyone see this coming. — Well, I waited all day for this one, but EU never looked like it was going to head north of that 0 Line. You gotta love Fibs, and some twats reckon they don't work.
Indicator Free Trading - Skunny
- FX Compass replied Jan 19, 2010
GBP USD - Daily Fib Fan — Checkz, Fib Fan on daily GBPUSD as you requested. I'll leave you to run one on the hourly charts. See how price is respecting the 38.2 on the Fib Fan on its way to the end of this journey. Like to know where GBPUSD is ...
Indicator Free Trading - Skunny
- FX Compass replied Jan 19, 2010
That's a long way Checkz, lots of damage. If my entry is the 61.8 retrace going to the 161.8 extension, then I would consider the 100 as the stop. Risk Reward is really good and if the trade heads for the 100 stop then I'm in the reversal trade from ...
Indicator Free Trading - Skunny
- FX Compass replied Jan 18, 2010
Depends on where you place your stops.
Indicator Free Trading - Skunny