I believe that the weekly fib has a 75% chance of hitting it's 138.2 ext, and should it decide to, who knows when it'll get there. Go easy on the whiskey, but then again , it's the festive season, ain't it. TK, Show yourself !! SK

Indicator Free Trading - Skunny

Thanks — Through your practice, you have obviously found a pattern(s) that repeats and have devised a trading plan around it. MD is happy with the results from his testing of your plan. When I reached that stage, I may have to steal yours as ...

Indicator Free Trading - Skunny

Update — Good one. But I'll bet she already knew it was an ejector seat. She just went along to see your reaction. She must be thinking - Hubby is more predictive than fibs. Maybe I should trade him on the markets. FxCompass, Hope you ...

Indicator Free Trading - Skunny

MD , — Another chart. I have adjusted the fib to the swing high that you had in the first place. I think you had it at a better spot. Reason - Respect of fibs. SK

Indicator Free Trading - Skunny

Uodate — With a compass ! That fib work out well. London Open strikes again. SK

Indicator Free Trading - Skunny

Hi — I too came across the thread I think at the beginning and have to admit was drawn to it by the trading to 100% is possible comment. I was not following it at the time when there was, shall I say, a dispute of some sort . Strange to say ...

Indicator Free Trading - Skunny

EU — Let's wait and see if that's the correct place for the fibs. MD, I have my swing high at a different spot from yours. My weapon of choice - Forex Tester.. SK

Indicator Free Trading - Skunny

I'm so confused that I'd forgotten what I set out to do in the first place !

Indicator Free Trading - Skunny

Thanks and that's a lot of pips.

Indicator Free Trading - Skunny

Yep. Got that part. Going by the master fib on your Daily g/y chart, you're interested only in shorts then ?

Indicator Free Trading - Skunny

I know that feeling all too well. I'm trying to figure out why price doesn't reach the 138.2 ext after penetration or breaking s/r. It could still do so though . The fib could be reason for this bounce, apart from the news.. etc , of course. Saw it ...

Indicator Free Trading - Skunny

You're correct about the daily chart. I've done it the other way around. That fib was in the middle of nowhere. Good spotting. Sorry about that folks. Ignore the daily chart. A fruitful exercise practising Fx Compass's method then. The ...

Indicator Free Trading - Skunny

Update to eu — The 138.2 ext of the blue was hit. The red fib is from a daily view. See Chart 2. MD, Check your PM.

Indicator Free Trading - Skunny

You left out the fib, fan and ellipse, Man. 1. I got it ! Eureka . . 2. Maybe not. . 3. Surely, This must be it. 4. Bummer ! 5. Back to 1.

Indicator Free Trading - Skunny

Busy Testing — Hey MD, Still here. A lot of new info to digest. Glad that FxCompass is putting forth his spin on things. I understand more of Thomknight's interpretation after rereading some of skunny's stuff. It's early morning & sunny Down ...

Indicator Free Trading - Skunny

Thanks FxCompass — Well , That explains the yellow X's on the chart in post 1116. Daily H L. I just couldn't figure out why he chose those HL before ..... Yes MD, Something else to consider. My mind feels like jelly now.

Indicator Free Trading - Skunny

MD — Skong. All the fibs you have drawn agree within my thinking of how to fit them to current price. Your Blue fib would act as a larger fib I suppose and your Green a smaller one for gauging current price action. The red one, although ...

Indicator Free Trading - Skunny

Nothing like a live trade for sure, but at this stage for me, trading is secondary. I like to see how price dances around these fibs first. Hope you are making inroads.

Indicator Free Trading - Skunny

A possibility — Added 1 more fib Your thoughts MD ?

Indicator Free Trading - Skunny

srelhead — For a while there, I thought it was skunny himself posting. What you posted is definitely worth more than 2 cents. Anyway with a fresh outlook from thomknights postings, I started trade simimulator again just on the hourly. Only ...

Indicator Free Trading - Skunny