It is now, in 13 minutes I turn into a pumpkin. Or is that Frog ? Have a good weekend.

Indicator Free Trading - Skunny

Not watching any at the moment, I just completed reversals on GBPUSD and EURJPY earlier.

Indicator Free Trading - Skunny

Legth of trade. — MD an important factor on your chart is length of trades. It is very important to note that a weekly Fib could take the whole week to get to target. The Daily obviously much sooner. Now how many more pips will you gain on the ...

Indicator Free Trading - Skunny

Reversals rule tonight. — MD are you catching any of these reversals tonight ? They are popping up everywhere.

Indicator Free Trading - Skunny

Gotta love those days. — GBPJPY is one nasty dragon with a big tail. Very funny story though. In answer to your questions a break through either the 23.6 or 78.2 towards the 50 is always a reversal trade, regardless of where it comes from. ...

Indicator Free Trading - Skunny

Trading the dragon — Hi MD, I don't often trade this pair, as I like to sleep at night without taking sedatives. However in order to accomodate. First trade sell at the 78.2 with take profit at the 50 = 47 pip gain. Second trade sell at the 0, ...

Indicator Free Trading - Skunny

50/50 or not. — Interested to know what everyones thoughts are on an equal stop loss / take profit position. In other words let stay a reasonable stop loss is set at 2 X ATR which happens to be 50 pips. A take profit is also set at 50 pips, is ...

Odds of winning are constant: Using market bias AND stop loss

Looks Great MD — Your chart looks great. You can also see that from todays EURUSD action, all targets were hit. In the words of a great trader _ "Stand up, sit on your hands, don't touch the mouse and let that baby run." Lots of nice pips. ...

Indicator Free Trading - Skunny

Candle to candle — More importantly what did Skunny refer to when he said - Either the 138 or 162 get hit to some degree or what happens if not ? This is a two way street, change in direction is a reverse trade and the price almost always ...

Indicator Free Trading - Skunny

No harm done. — It's all good triphop. Webinars very interesting at looking at the market through anothers eyes.

Odds of winning are constant: Using market bias AND stop loss

Weekly target still in play. — Skong, looks like the weekly 138 target is still in play. Price has turned back down towards it at the 0 fib. Very light volume - looks like everyone is off for christmas.

Indicator Free Trading - Skunny

Misquoted. — Triphop, I mentioned nothing of Stop losses in my post. Here is the Link to the four part webinar, each is approximately 45 minutes long. Very informative for traders of any level. url Your welcome to view it and then take the ...

Odds of winning are constant: Using market bias AND stop loss

You're right Skong, I'm off to bed... i'm seeing double.

Indicator Free Trading - Skunny

Last weeks candle. — Skong, run a fib down last weeks candle high/low. See where the bottom 138 fib line is ? We hit it last night.

Indicator Free Trading - Skunny

Rversal trades. — Sorry for any confusion MD, I only take reversals at two points the 23.6 and 78.2. With the 50% fib the take profit line. From my experience the 50 Fib tends to work a lot like the centreline of a bollinger (attracting price ...

Indicator Free Trading - Skunny

Nice chart Skong, and very well thanks.

Indicator Free Trading - Skunny

Correctly plotted Fibs are major SR levels. — I think what a lot of people miss is that if your Fibs are plotted properly, then they automatically form major SR levels. Hence the Stop loss is not required as a breach of the Fib level is a ...

Indicator Free Trading - Skunny

Kids ? — Nice one Misterdaz, how many kids can you fit on it at once ?

Indicator Free Trading - Skunny

Totally agree. — I recently watched a webinar by a very experienced (35 years) and highly regarded ex floor trader who stated exactly the same thing .. choosing the correct market bias and entering the trade instantly gives you a 66% chance of ...

Odds of winning are constant: Using market bias AND stop loss

No Dunkan, Sunny Queensland, Australia.

Indicator Free Trading - Skunny