EJ — This is what I see. Don't know if it's any better. Look at where the top 161.8 lands in relation to the last swing high.

Indicator Free Trading - Skunny

Do you mind posting that chart? I'm having trouble drawing that fib.

Indicator Free Trading - Skunny

I did the same thing last week. Lost 100+ pips because I didn't pull a fib on the D1 chart.

Indicator Free Trading - Skunny

Carefull — Be carefull going short.

Indicator Free Trading - Skunny

We are all here to discuss and hopefully improve our trading "method". Arguing about percentages and who can do what isn't helping anybody, although your point is valid and appreciated Scotty B. With that being said. Can we all agree that Skunny ...

Indicator Free Trading - Skunny

USDCHF — I see fibs in my sleep. I need help.

Indicator Free Trading - Skunny

Is next week going to be another slow motion market? From your experience?

Indicator Free Trading - Skunny

AUDJPY — I'm seeing a similar setup on AUDJPY, but no breakout yet. Gonna buy in to a dip and see what happens. Maybe the Aussie session will give us the volume we need to complete the cycle?

Indicator Free Trading - Skunny

I closed my position after that spike up. I thought I had my fib wrong. I've been bitten too many times, especially by that pair. As for the debate taking place in this thread. I think it's good for those of us that are learning to see different ...

Indicator Free Trading - Skunny

TK — Price never hit my target, did you have your fib drawn the same as mine?

Indicator Free Trading - Skunny

Why is December different? I'm assuming the holidays?

Indicator Free Trading - Skunny

After studying this over the weekend, I'm a little more comfortable with this fib. It's not as exact, but this pair doesn't seem to be exact on anything.

Indicator Free Trading - Skunny

Thom Knight — If this is also a valid fib, when the H1 breakout occurs it will trip this one to. If this plays out, we're looking at a 247 pip run.

Indicator Free Trading - Skunny

I'm starting to like gbpjpy again. Now that I'm starting to understand her insanity. Thank you TK.

Indicator Free Trading - Skunny

This is what I see.

Indicator Free Trading - Skunny

I'm guilty of that to. I'm trying to get in my head "trade what you see, not what you think". But it's really hard sometimes. I almost did it last night on that USDCHF chart I posted.

Indicator Free Trading - Skunny

Checkz — Thinking about trading this. Do you put pending order just below the 100 line or right on it?

Indicator Free Trading - Skunny

That fast dip down sure shook the market up, I'm going to give it some time to settle out before I get back in. Probably be morning before I trade again. I can't help but to walk these fibs up and down the swings counting pips. Not that I'm greedy ...

Indicator Free Trading - Skunny

Checkz — Nice. I caught some of those same pips myself. After walking my fib, this is what I ended up with. Short from 145.33.

Indicator Free Trading - Skunny

Got it. Is there a certain pair/pairs that this method works best on?

Indicator Free Trading - Skunny