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    • Misterdaz replied Feb 5, 2010

      Well done Checkz. — I think it's great you taken the ideas in this thread and developed your method from it. If it works for you and you are comfortable with it then that's the way to go. The major trend continued after the NFP number. I ...

      Indicator Free Trading - Skunny
    • Misterdaz replied Feb 5, 2010

      BOJ — Yes the boj buy us treasuries but it's not helping very much at the moment. We need some sign of yield increase from the states as that's the only thing I see moving usdjpy north at the moment. A double dip recession is looking more ...

      Indicator Free Trading - Skunny
    • Misterdaz replied Feb 4, 2010

      Compass carry. — Do you not also agree Compass that the Yen is a funding currency due to it's extremely low yield, hence the carry trade for funding equity purchases. When the stock markets go down as they currently are due to averse risk ...

      Indicator Free Trading - Skunny
    • Misterdaz replied Feb 4, 2010

      Risk off lads. — There is growing concern over the eurozone as to whether certain European members will be able to find their budget deficits. The Market becomes risk averse and unwinds riskier assets which are funded by carry trades ie gbp ...

      Indicator Free Trading - Skunny
    • Misterdaz replied Feb 4, 2010

      BOE — Morning chaps. Watch out for the rate decision today, it will be no change but it's the QE the market will be looking for. There has been speculation the MPC wil extend QE further which is one of the reasons cable is already this low. If ...

      Indicator Free Trading - Skunny
    • Misterdaz replied Feb 2, 2010

      Yes Compass — I have seen that thread a long time before I stumbled in here and met you lovely folks! I am more taken with your and Thom's stuff. Anchored at both ends yes I agree. What Thom does is pre-empt the anchor before we get there. ...

      Indicator Free Trading - Skunny
    • Misterdaz replied Feb 2, 2010

      Hello Sirens. — Well I've spent about 3 months in here, nearly given up twice but I think I am really getting somewhere. I am a full time trader for a living but i don't use any of this stuff live......yet! Fx Compass trades a method with fibs ...

      Indicator Free Trading - Skunny
    • Misterdaz replied Feb 2, 2010

      another quick take on cable for the brave. — Here's a quick take on what I think is a TK type fib, he might tell me off though. I'd be looking for a long at the break of 1.5952 on this to 1.6000 ish. image EDIT: I've been re-reading Thom's ...

      Indicator Free Trading - Skunny
    • Misterdaz replied Feb 2, 2010

      Well Checkz. — Just eyeballing a 1 hour cable chart at the moment is easy to see that the prevailing trend is down. We seem to have formed a bottom at 1.5850 with a new higher low at 1.5900. There is nothing to say cable cannot move up from ...

      Indicator Free Trading - Skunny