Because of the bank holiday?

Indicator Free Trading - Skunny

US bank holiday. I wonder if we should stay away from USD pairs?

Indicator Free Trading - Skunny

EURGBP getting ready to break.

Indicator Free Trading - Skunny

Compass — Compass, do you only trade the break of the 0/100 line or would you place a sell limit when you see a fib cluster like this?

Indicator Free Trading - Skunny

EU — My thoughts on EU. Please correct me if I'm wrong. Chart 1: This is the monthly chart. The red line represents the "line in the sand" where sellers have established their position. The October candle with it's long wick shows a lot of ...

Indicator Free Trading - Skunny

Care to share your findings?

Indicator Free Trading - Skunny

I haven't really adopted anything yet. I'm still in the trial and error stage. There are advantages and disadvantages to both. I need to see what works best for me. Just as soon as I think I'm finally getting my head around all of this, Compass ...

Indicator Free Trading - Skunny

Ok, this is where the methods differ. Look at where I pulled the red fib. From the very top to the very bottom of that movement. I ignored the period seperators. Why did I do it like that? Look at the two wicks that come up and hit the 38 line. If I ...

Indicator Free Trading - Skunny

Look at the way the white 138 matched up perfectly with the red 50 and the blue trendline. When I saw that there was no way I was going long. Plus the rallies were getting shorter and shorter. Bartstop

Indicator Free Trading - Skunny

I'm still trying to grasp this concept. I need to understand the difference between the two lines for future analysis. The fib that you drew isn't really a valid fib? A horizontal line is all you really needed to make your point. Right? To ...

Indicator Free Trading - Skunny

Help me to understand why the line we are talking about is more important than the 50 line on the white fibo that I posted. Couldn't a person argue that we are running out of buyers and the sellers have strengthened their positions there? Doesn't ...

Indicator Free Trading - Skunny

PA around the left arrow seems to be jumping around and not really respecting that line. At the right arrow, two bodies and a wick are respecting that line. That means the line has become stronger. Correct?

Indicator Free Trading - Skunny

I'm not sure what you're hinting at but I do notice that the bodies of the candles are respecting that fib line. Is that what you are pointing out?

Indicator Free Trading - Skunny

My Thoughts, FWIW — With the closing of this weeks bull candle, and the fact that 38.2 has been tested (but not pierced) on the blue fib, it seems we will be going north for atleast a few weeks. Plus we have pierced the 50 line on the white ...

Indicator Free Trading - Skunny

Rejection — Hmmmmm................ EDIT: When you look at the Hourly chart, you can really see the up trend running out of steam. I guess my new trendline is valid (3 contacts). It's a long ways down, we'll see how long it lasts.

Indicator Free Trading - Skunny

GU UJ — I can't believe you guys haven't mentioned these......

Indicator Free Trading - Skunny

Yea whatever............and I'm the Pope.

Indicator Free Trading - Skunny

I know what you mean. I had one about 3 weeks ago. Mcafee couldn't detect it so I backed up everything to an external HD, formatted and started from scratch. I've gotten pretty good at it, remember windows 98?

Indicator Free Trading - Skunny

Plan of attack — Ok, let me know if this is correct. 1. You see a breakout from the previous cycle. Fib that breakout. 2. Place a Buy Stop at the 23.6 line. TP will be 50 line. SL will be just under the 0 line. (do you trade this move?) 3. ...

Indicator Free Trading - Skunny

So what do you do in that situation? Put a Sell Limit at the 50 line just as soon as you see the retracement beginning? Edit: Sorry, you must have posted before I was done typing this.

Indicator Free Trading - Skunny