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- bronxterp replied Jan 18, 2008
Skunny, I don't have enough time to think this through before work and I don't want to miss out on being wrong! LOL. Plus I'm trying to offer a view that I don't think many others will share. Just want you to see my impression of this If we're going ...
Indicator Free Trading - Skunny
- bronxterp replied Jan 18, 2008
I'm pretty sure that if you take a currency that you think is in a trading range and play around with different timeframes, you'll see a trend. Or if you see a trend in one timeframe, you may see a range in another. A range is just another cycle in ...
Indicator Free Trading - Skunny
- bronxterp replied Jan 17, 2008
Hey Skunny, now that this thread is over a month old, can you give us a little review, sort of a progress report? From what you can tell, what do we as a group need to study more (obviously more Vhands time)? What are we excelling at? I've read and ...
Indicator Free Trading - Skunny
- bronxterp replied Jan 16, 2008
Here you go. Its a bit messy, sorry about that. Original long was at 1.9637 (first break above the green line). Even though it wasted a few hours doing essentially nothing up there, I stuck with it. I set up a fib for a potential hedge on a break ...
Indicator Free Trading - Skunny
- bronxterp replied Jan 15, 2008
btw, I think I stole Bo's candlestick colors. I couldn't resist since they are the colors of my favorite baseball team, the NY Mets...yeah, go figure...a guy born and raised in The Bronx doesn't like the Yankees. I've always said that I was the ...
Indicator Free Trading - Skunny
- bronxterp replied Jan 15, 2008
Very nice hitman! UJ is usually quite orderly. I like it a lot! Daily chart edging closer to its target price
Indicator Free Trading - Skunny
- bronxterp replied Jan 15, 2008
For me, it looks like the Euro has spent a lot of energy just to get to the buy point and was probably exhausted by the time it got there. Had it consolidated right below the resistance and then broken out, I think its a different story
Indicator Free Trading - Skunny
- bronxterp replied Jan 15, 2008
Just as I clicked submit on that last post my BE + 5 got stopped out. Total net of 76 pips on that series of trades. Now I can do my 12-14 work day with a smile!!
I will try to post a chart or two of the series of trades that I took, but it may ...Indicator Free Trading - Skunny
- bronxterp replied Jan 15, 2008
Final update on trade that I took on GU trade from yesterday. I added a second position to the long side overnight for 25 pips. My original long is now in the black for about 30 pips and I'm about 20-25 pips away from reaching my target on that ...
Indicator Free Trading - Skunny
- bronxterp replied Jan 14, 2008
I have learned a lot of valuable lessons in this GU trade and have applied some of Skunny's principles and they have worked out nicely. Unfortunately I'm at work right now and can't post any charts. I'm still long from 1.9637 so I'm down around 100 ...
Indicator Free Trading - Skunny
- bronxterp replied Jan 14, 2008
Target hit...well within a pip or two anyway
Indicator Free Trading - Skunny
- bronxterp replied Jan 14, 2008
USDJPY is underrated. I happen to enjoy it. I guess its too boring for most.

They seek fun, excitement and ulcers with GBPJPY...then again, so do I! 

I used to trade GOOG back in my stock trading days and I loved to trade the ...Indicator Free Trading - Skunny
- bronxterp replied Jan 14, 2008
Euro approaching targets on the daily chart. We have a confluence...err I mean CLUSTER at 1.4915 or so. Second chart is one I posted a few days ago.
Indicator Free Trading - Skunny
- bronxterp replied Jan 14, 2008
Thanks for your input, Piphitman. I respectfully disagree. I don't believe in "A" trades or "B" trades. A setup is a setup IMHO and it should be considered an "A+ trade". If its not an A+ to me, then its an "F", meaning there is no trade. Like I ...
Indicator Free Trading - Skunny
- bronxterp replied Jan 14, 2008
Well, I've entered this one here on G/U at 1.9637. Target 1.9694. GU sometimes is a little more stubborn than other pairs that I trade. Given that the prior two hourly candles were larger range candles, plus they went right into resistance, I don't ...
Indicator Free Trading - Skunny
- bronxterp replied Jan 14, 2008
Euro almost to the pip! — I must admit that I fell asleep at the computer and missed this one! I was waiting for the brown fibs to break at 1.4823 since the shorter cycle in yellow was being a little more picky! Please notice that even though ...
Indicator Free Trading - Skunny
- bronxterp replied Jan 13, 2008
You don't have to use the Gann lines
I've chosen to just let it slide because it is something that will end up confusing me. Fibs I've always understood, but may not have been using them the "right" way.Indicator Free Trading - Skunny
- bronxterp replied Jan 12, 2008
I've been trying to somehow apply this fib trading stuff to sports gambling, but so far no luck. Maybe Gann lines work better?
Indicator Free Trading - Skunny