For clarification here we are talking about retracement levels prior to pentrating our 0 or 100 level, and not necessarily retraces after penetration to be considered a valid fib. Am I understanding this correctly? Does everyone else here agree, ...

Indicator Free Trading - Skunny

I like this chart. I can make sense of it completely. I noticed you did not wait for a breach or break of the weekly high. Did you feel the fibs were enough in this case, therefore no need to wait for the break? Thanks.

Indicator Free Trading - Skunny

GJ, yes? I'm following with ya. UJ is testing last weeks high, and the last fib swing on the 1HR has it's target just below the high. Okay...i see it now. On UJ an upper wick is forming at the high and price dipping back down just a bit. Target ...

Indicator Free Trading - Skunny

That is an awesome gif file! I used to do visual effects and animation so stuff like that is way cool. Gotta love it! Thanks for the added effort.

Indicator Free Trading - Skunny

Well it's becoming obvious that I don't know as much as I thought I did in regards to reading price. And why is the 76.4 retracement level (piphitmans chart) so important? Most here don't use that level as far as I am aware. The 161.8% is also said ...

Indicator Free Trading - Skunny

I was at work so I had to use your chart. Of course I had one drawn the same . IMO, a move inside a bigger move is not so bad though, as long as the target of the smaller swing does not exceed the boundaries of the larger swing targets. Please ...

Indicator Free Trading - Skunny

Just got home and wanted to point this out too... — To all those that commented to my post above. The UJ 1HR chart (attached below) had the same movements as the failed trade on GJ. Only difference was that UJ hit it's target. So though I ...

Indicator Free Trading - Skunny

Thank you for this post. I'm all ears. Hold nothing back.

Indicator Free Trading - Skunny

Sizz what would you consider a valid completed swing. Only drawing (walking) off one that previously hit it's target? It was simply a trade within a larger trade set up. As I mentioned before, there was a larger swing range in place, but the smaller ...

Indicator Free Trading - Skunny

There was a video on youtube that an IBFX client posted a while back to show them the platform freezes he was receiving, especially during news time. He posted it on the IBFX forum too, but that was quite sometime ago. I've seen freezes happen, ...

Interbankfx platform gets frozen.

Failed Trade Question to Skunny — @Skunny: I know you're busy, but... It seems there were quite a few people here that took this GJ trade that happened to fail going short (see chart). The only things I could see in this chart was that the ...

Indicator Free Trading - Skunny

I like this idea!

Trading Workshop Possibility - Skunny & Bobokus

@schmurex Welcome to the thread. You have a great attitude, but hey, who here doesn't?! It's awesome when someone "finally" does the things Skunny has done. Can't thank him enough really. I only hope to make him proud! FF is a great place, but as ...

Indicator Free Trading - Skunny

Congrats! I'm headed there myself. Oh nice trade by the way. I took the same one on GJ. Thanks Skunny for giving us real tools to work with. Not some cheap screwdriver for hammering nails into a 2x4!

Indicator Free Trading - Skunny

Hey Jim! In due time . I'm still learning this thing, but plan on implementing some existing strategies into the fibbing process.

Indicator Free Trading - Skunny

IMO if you don't quite hit your target to the pip, I would suggest you keep in mind that what appears to have hit the target (but actually missed it by a few pips) may not be the true target, meaning the target may still get hit to the pip. So just ...

Indicator Free Trading - Skunny

Well in many cases it's because they getting greedy or lack of proper funds. There are a few exceptions and some strategies have the ability to take advantage of using higher leverage.

FED cuts 75 just now!!!

Never could understand the big deal with using higher leverage. Just trade smaller, and risk the same value per pip. Higher leverage in most cases means smaller margin requirements for the amount you are trading. It's when people use high leverage ...

FED cuts 75 just now!!!

deleted...sorry

Indicator Free Trading - Skunny

This is the funniest yet coolest thing I've seen! "President Skunny says, your target has been reached". LOL

Indicator Free Trading - Skunny