AUD — Looks like AUD is breaking to the downside.

Indicator Free Trading - Skunny

I would concur. — Compass, fibbing the monthly from the July 08 high would put me in agreement with you but I would like to see a close below 1.3780 before I would be comfortable with this view. The Shennanigans in Greece are not boding well ...

Indicator Free Trading - Skunny

Evening all. — Just dicking around re-installing everything after a few viruses paid me a visit. Thought I'd try out a new drink, whisky, blackcurrant and water....taste like p1ss. Oh no not the fib fans, it'll be Gann lines next. MD.

Indicator Free Trading - Skunny

Checkz, nice thinking but.... — It's never a bad idea to try to keep a position running and chase a stop up behind it, let the Market stop you out when it eventually turns. The problem I have with your idea Checkz is your initial r/r. You are ...

Indicator Free Trading - Skunny

BarTstop, I was making assumptions, sorry. — I thought you had adopted Compass's method in which case you was slighty incorrect on the White fib. You have not though, you are fibbing swings, yes? Not fixed periods like a daily range, which can ...

Indicator Free Trading - Skunny

Checkz. — To correct my aforementioned post. I meant that price had played a couple of reversals before it got through the 61.8. Sorry I was not very clear. MD.

Indicator Free Trading - Skunny

One more thing BarTstop. — This is where one needs to consider, do I really need fibs or should I just trade S/R. Just a thought.

Indicator Free Trading - Skunny

Good analysis BarT. What's your red fib pulled on? I'm gonna be pedantic now, if your white fib is on yesterdays range you need to pull it up slightly to the top of the wick. Don't forget, if you took the break of the 0, you would have trailed your ...

Indicator Free Trading - Skunny

BarTstop has done all the work. — Basicly, there are more buyers than sellers @ 1.5950. Probably Hedge funds, Soveriegn Wealth funds, Institutional players, the big boys anyway. I don't see the order flow in my little bank so I am no better ...

Indicator Free Trading - Skunny

FX Compass & BarTstop. — Evening gents. First of all from the trading methods I have studied in the past and books I have read, 38 would be an aggresive entry point, the 50 is not as key a level as the 61.8 or 38.2 in my mind. I am not ...

Indicator Free Trading - Skunny

Hi Compass. Depends what you have read mate. MD.

Indicator Free Trading - Skunny

Checkz 61.8 — In a nutshell I would say yes Checkz. Traditional fib trading say for long positions would have you buying at a 38 retrace with a stop just under the 61. I'm generalising here but a break of the 61 woud be a good reversal signal. ...

Indicator Free Trading - Skunny

AUDUSD today. — image

Indicator Free Trading - Skunny

Hush. — I thought I'd say hello so you don't feel ignored. There are a couple of methods in here, more prevalent over the last couple of months. Dig deep if you are interested and ask more questions. MD.

Indicator Free Trading - Skunny

RaptorUK — That's a nice workaround.

Indicator Free Trading - Skunny

Chekz — Short EURGBP 0.8840.

Indicator Free Trading - Skunny

Unfortunately not Ed. — I have had the same problem. Mt4 always remembers your last setting on the fib tool. All you can do is set one up, leave it on the chart and then set another up, leave it on the chart, so on and so forth. You can then ...

Indicator Free Trading - Skunny

Hey Ed. — Don't be too hard on yourself. "Sh1t happens".

Indicator Free Trading - Skunny

BarTstop — I remember Windows 3.1 mate, infact we only had IBM dumb terminals when I started in the banks. Goodnight.

Indicator Free Trading - Skunny

Windows 98 eh.... — ...I wasn't born then.

Indicator Free Trading - Skunny