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    • Misterdaz replied Apr 18, 2010

      Stop fighters. — From what I've seen if the fibs on it's going to target even if it takes a round route. That means theoretically the 100 won't get hit. I'm not that brave so in order to keep my rr reasonable I've been taking the setups I know ...

      Indicator Free Trading - Skunny
    • Misterdaz replied Apr 18, 2010

      Crazy isn't it. — It requires absolute faith in the fib and you must get iy drawn correctly. If you risk 3% you make sure that the 100 only takes you out by that. Therefore this also means if you win you only make 1%. If this is to be accepted ...

      Indicator Free Trading - Skunny
    • Misterdaz replied Apr 16, 2010

      Noses. — I think I'd like to punch one atm. If I was to analyse my EURAUD chart I suppose I didn't put my 61.8 on a swing, maybe I'm clutching at straws. I need to look back at previous 61.8 to 50 winners. So for the AUD you'd have needed your ...

      Indicator Free Trading - Skunny
    • Misterdaz replied Apr 16, 2010

      Kissfan. — I can't find anything that takes my fancy today, markets are a bit choppy to say the least. Anyway last night I took my daughter to see Led Zep Too, they are an excellent cover band. The music is not to my taste but they were very ...

      Indicator Free Trading - Skunny
    • Misterdaz replied Apr 15, 2010

      I gotta say that is a fantastic rr. That's the only problem I have with how I trade the fibs is I use 50/50 and rely on high probablity trades. What made you take that Kissfan, was it a J16 style approach, tweezers bottom or are you just lucky! ...

      Indicator Free Trading - Skunny
    • Misterdaz replied Apr 15, 2010

      Which pair. — In answer to you question GY. It seems to be the favourite with those in the know. It's probably because it moves fast and gets you to target (or loss) very quickly unless your name is BarTstop of course. How long have you been ...

      Indicator Free Trading - Skunny
    • Misterdaz replied Apr 13, 2010

      I'm gonna be pedantic. — When pulling the fib you first have a mind to the current direction of the Market. if you believe we are going down anchor your start point at the swing high you choose to start from and pull back and downwards looking ...

      Indicator Free Trading - Skunny
    • Misterdaz replied Apr 13, 2010

      I'm not the real expert, Thom is but you've pulled from a swing high and fitted you 61.8 to a lower pullback and price seems to be heading down, I just wish it would hurry up! If you are just using these for targets on a J16 trading style then fine ...

      Indicator Free Trading - Skunny