If I understand you correctly.....the attached chart shows price breaking past the 138 but doesn't hit the 162. If I were to place my TP at the 162.....I would suffer almost a 200 pip draw-down in the hope that price would come back up and hit my ...

Indicator Free Trading - Skunny

...still blows me away. Closest thing I ever saw to this was Welles Wilder's Delta which, as interesting and as demonstrable as it seemed, was utterly un-tradable to me. Wilder claimed that there was "perfect order" in the markets. What he ...

Indicator Free Trading - Skunny

Sizz, Have you ever considered volunteer reading for the kid's storytime hour at your local library?.......You are a natural! Also.....I'd love to be around when you tell campfire stories! Anyhoo.....now you got me hungry for a bowl of ...

Indicator Free Trading - Skunny

Ian....if it helps clarify things for you further.....I just said the same thing in my last post too. I agree with your hypothesis. Then again.....take that for what it's worth. I'm not 1KT either.....only done 723 trades so far!

Indicator Free Trading - Skunny

Dagoods, Since you asked......a couple thoughts: 1) I noticed (I think I did at least) that you added the "so far at least" after your original post......my thoughts as well. 2) Just a thought.....after this thing stopped short of the topside ...

Indicator Free Trading - Skunny

Hey DX! Thanks to you and everyone else for the kind words! Also.....no need to apologize for your thoughts. I'm pretty sure we've all felt the frustration. Since I started with this thread about 5-6 weeks ago; I've had wondrous AHA moments as well ...

Indicator Free Trading - Skunny

HH, Old Buddhist proverb: “When the student is ready, the teacher will appear” Gang....HH sees what I see (I think). I saw it a while ago but thought there must be more. I talked about what I was doing but with all the ideas and charts ...

Indicator Free Trading - Skunny

Well.... My hunch is that if it were not for the rules set out in POST #1 of this thread, you might receive many more replies to the constructive and helpful post that you made! Good luck with your trading and let us know when you open your thread ...

Indicator Free Trading - Skunny

It's always amusing to hear someone (who apparently can't do something), tell people (who are already doing it), that "they" can't do it...... ...in addition to not offering any supporting basis for their claim....AND....not offering any supposed ...

Why trading system don't work

GU was nice to play with this A.M. Thought I would throw up a chart. This stuff STILL works! #1: One of these moves a day is all you need! #2: One of those funky wicks. Bad data?.....Stop running?.....Who cares....still worked like a ...

Indicator Free Trading - Skunny

Hey Ut, A little late here but I'd advise staying clear. Firstly....they were merged into Forex.com/Gain after the most recent NFA shakeout. Re-quotes and price spikes were always a problem. Now with the new system.....re-quotes happen more than ...

Market Makers & ECN’s, Is the grass greener?

Like old Yogi likes to say......"Deja Vu all over again"

Rogue Trader strike again, and Fed caught flat footed

Filter?....Candlesticks or bars are nothing more than a pictoral representation of the range that price moved within during a given time frame. You could step down a TF or 2 and see a lot of what is happening between that open & close for the TF you ...

What Is the Best Indicator?

Thanks Craig. Yes....the things you mention are what I found attractive. It's just that you don't hear as many folks talk about IB as you do some of the bucketshops. I understand the difference.....just nice to hear from someone who IS using them ...

Interactive brokers or hotspot?

Good post. I think a lot of us are feeling quite the same. We have all learned some very good stuff here. In fact....probably enough to each develop something workable on our own if this was the end of the line. However....this hopefully not being ...

Indicator Free Trading - Skunny

Thanks for asking about this. After the issues with some of the bucket-brokers lately (me at Velocity) and the shut-down issue at MB....I was looking to diversify my funds and had narrowed it down to these to as well. I was leaning towards IB but ...

Interactive brokers or hotspot?

.....guess he should've been using one of the many systems available here at FF!

Rogue Trader strike again, and Fed caught flat footed

Very cool indeed! One problem.....with my failing (over 40) eyesight.....this thing is movin so fast that that I can't make out the numbers or levels to see how these fibs did.......looks cool.....not sure what it shows.....sorry bout that. P.S. How ...

Indicator Free Trading - Skunny

Crud!! And I was kinda hoping that at some point, you were gonna give us some insight into whose analysis was more "correct" than "not correct" so as to help us all stay on the straight-and-narrow. Now, in light of the Emailer's ...

Indicator Free Trading - Skunny

Good thoughts..... I've had a similar feeling about those 138's being taken out EVENTUALLY.....see it happen a lot on a micro level......suspected the same on a macro level. I suspected this but didn't have a good explanation and assumed my approach ...

Indicator Free Trading - Skunny