Yep, that is it for me. A real fight today and they went nowhere.

Indicator Free Trading - Skunny

Just beacuse we have been going sideways all day. I'm sure if I stop looking at it, they will all get moving ....

Indicator Free Trading - Skunny

At the moment I'm staying away from all pairs.

Indicator Free Trading - Skunny

Looks like the EU is headed for the 50 Fib on a retrace.

Indicator Free Trading - Skunny

Nice trade Checkz, Euro is teaching me patience today.

Indicator Free Trading - Skunny

Looks like we're going to bounce around the 0 and 23.6 a little. Asian session always bores me to death.

Indicator Free Trading - Skunny

Hi MD, currently watching EURUSD which is testing the 0 line from previous daily candle. Will take it short to the 138 once break is confirmed.

Indicator Free Trading - Skunny

Hey Checkz, might be worthwhile setting up an unlimited demo on Alpari or FxPro see you can see the great gain of the Fib Fan to this system.

Indicator Free Trading - Skunny

Fib Fans - the 3rd dimension. — Not quite sure if I should introduce this, but if there is enough interest I am happy to bring them in as well. I have found Fib Fans extremely usefull in seeing another dimension to the trade and confirming ...

Indicator Free Trading - Skunny

I trade the 0 or 100 break to the extension and the reversal trades from 23.6 or 78.6 to the 50 line, this way if a trade gets stopped out then I have the reversal trade activated.

Indicator Free Trading - Skunny

Hi Bartstop, agree with all you have stated. We should be headed back down for a re-test of the 0 line on the H4. Supply will be tested a second time, and judging by the first test of this line, it is highly likely we will break to the downside and ...

Indicator Free Trading - Skunny

You are moving along Bartstop. Ignore the Fib retracement level for a moment. Treat the Fib line as nothing more than a support level. Your comment - "Does the tall bull candle just to the right of your left arrow play in to this? It seems to me ...

Indicator Free Trading - Skunny

Correct, and if you think of it in terms of buyers and sellers in the market, the buyers have strengthened their position / whilst the sellers have weakened on the second arrow. In other words we are running out of sellers so the price is higher on ...

Indicator Free Trading - Skunny

A little more to it Bartstop, look at the arrow to the right. Have the candles at the low shown strength or weakness in the uptrend compared to the previous low and the arrow on the left. Have they formed a higher low realtive to the Fib line from ...

Indicator Free Trading - Skunny

Accurate, but more importantly, what can you tell me about how price has behaved above the arrows in Post 5445 ? This is the key to reading future price direction - how the candles tell the story around the Fib levels.

Indicator Free Trading - Skunny

Close Md, the 50 Fib is considered a popular retrace with a stop just below the 61.8. If we pass 61.8 you are both right - a sign of weakness in the uptrend and a reversal is on the cards.

Indicator Free Trading - Skunny

Some homework. — Reading the charts. It is widely known that the longer term the chart, the more respected the price behaviour on these charts. The Monthly is accepted by many as the King of all time frames and as such to be observed above all ...

Indicator Free Trading - Skunny

Hi Ed, Check my posts on the last two pages. This is the exact trade I talked through on the last two pages. Price has come from the -23.6 therefore target is only the 127 extension. Move the stop down and let the trade breath a little. You should ...

Indicator Free Trading - Skunny

Very important to learn — Hi Ed, I don't like to see anyone really trying to understand this, struggle. There seems to be a bit of confusion with entries. Please re-read Post 5352 on Page 357 very carefully, it is extremely important for ...

Indicator Free Trading - Skunny

Break vs pierce — Hi Checkz, I view a break as the candle body closing through the line and a pierce as the wick only running through the line. As previously stated, the candle wick tends to represent volatility on the candle and not true ...

Indicator Free Trading - Skunny