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    • bartstop replied Jan 19, 2010

      Thom, I'm always open to new ideas. I never said yours or Skunnys or Comapass's methods didn't work for me. I'm not far enough in to my studies to make an absolute statement like that. I just don't understand why Scotty keeps coming back to this ...

      Indicator Free Trading - Skunny
    • bartstop replied Jan 19, 2010

      Plan of attack — I'm kinda thinking a buy limit at the 50 line or maybe a pip or two above, SL just under 61.8. Place a buy stop just above the 0 line. If price bounces off of 38 you don't miss the entire move. If you get stopped out and it ...

      Indicator Free Trading - Skunny
    • bartstop replied Jan 19, 2010

      I understand eventually your fibs will fail if you keep moving them up, price will turn around at some point. Is there something you look for that would indicate a turnaround is comming? Bartstop EDIT: I'm assuming we need to see another trip down ...

      Indicator Free Trading - Skunny
    • bartstop replied Jan 19, 2010

      Thanks Thom, I'll have to read that a few times to grasp everything. Next question. Yesterday we discussed a fib on GJ that had already hit it's target. Then you posted another chart with the fib moved higher. We hit that target this morning. So ...

      Indicator Free Trading - Skunny
    • bartstop replied Jan 19, 2010

      One thing I have noticed about Thom's method. You can actually trade GY with a fairly tight SL. I saw that price was comming back down so I put a Buy Limit at the 38 line, SL just under the 50. I'm up 61 pips and counting. Gonna move SL to ...

      Indicator Free Trading - Skunny
    • bartstop replied Jan 18, 2010

      1. As you can see in this chart, I was able to anchor the 100 line to a wick in the down move. Would you consider that "respect on the downstroke" or was that just luck? 2. There were two bodies that respected the 61.8. Do you consider that as ...

      Indicator Free Trading - Skunny