GBPUSD — A number of trades down to test the inner fibs. Both trades carried some risk (I did not take these in demo, just trying to learn from it). SL would have been at the 100 had I taken them, so R:R would have been risky. Anyway, I am ...

Indicator Free Trading - Skunny

EURUSD — Made two good trades on EURUSD today. I took trade #1 up to the inner fib levels. Price had nowhere to go other than up to test them. I would have adjusted my daily fibs had price pushed further down past the 0 fib (meaning a ...

Indicator Free Trading - Skunny

Did you see this one on the YEN? (I'm not sure if I have the fib correct, but it seems to match what I saw happen)

Indicator Free Trading - Skunny

Watching the CAD climb upwards. Possibly about to change trend direction should it clear the 61 .... I'm noting how the price usually gives you clues ahead of time (in particular the double bottoms) so you can hunt around to find the appropriate fib ...

Indicator Free Trading - Skunny

Well Japan cares not for Easter... so they're still open.

Indicator Free Trading - Skunny

I'd like to look at more charts today, except that it's a bank holiday in a lot of places... followed by an NFP. A fairly sucky day to trade. A bit of a giveaway for the GBP though. Price HAD to retrace back to the innerfibs and the pivot before it ...

Indicator Free Trading - Skunny

Off the mark — Off the mark with that estimation. here's the fib I should have drawn... If price had dropped below 61, then there would have been a test of the pivot... but even then the R:R would have been negligible

Indicator Free Trading - Skunny

I've been checking out Bobokus's stuff too. Has a number of free videos to check out as well on his original thread. Anyway, pleased with having won yesterday, and remembering the failure that was the EURUSD yesterday... today I see on the GBP what ...

Indicator Free Trading - Skunny

My 138 is at 1.51840 (which was pulled from yesterday's candle) What I find interesting about the set up is that there's lots of respect to the 38 and the daily pivot line... until that candle where the daily 50 gets hit... after that, the fibs are ...

Indicator Free Trading - Skunny

Interesting MD. I wonder how high the price goes now though. Will it hit your 138 or my 138 (or both?) I got my entry to the GBPUSD trade perfect. It was nice to watch the price velocity whip through my entry level once it finished consolidating ...

Indicator Free Trading - Skunny

I take a look at the EURUSD. There's a floating 138 down there, and the pivot is perfectly placed on the 61. In addition, there's a break of the 0, meaning that if the 61 gets tapped the 0 gets broken today, it's all downhill for the EURUSD I ...

Indicator Free Trading - Skunny

I wonder — Will we get a repeat on the GBP again today? We have bounces and respect off the pivot and 38 ...and the upper 138 is floating today.

Indicator Free Trading - Skunny

Well, you might say it'd be impossible to program... but then again on the other hand, never say never!

Indicator Free Trading - Skunny

My sticking point — Nice chart MD. Lots of fib touches there. It's that bounce off the inside of the 61 that foretold price direction. The major issue I find with fib trading is that you can ALWAYS spot good setups AFTER the fact. You can ...

Indicator Free Trading - Skunny

Here's a little analysis I made on the EURJPY using yesterday daily fibs There were a number of bars respecting and launching UP precisely off fibs here after price made an arc into the buy/sell decision area. Once price pivoted off the lower 61 fib ...

Indicator Free Trading - Skunny

Too bad Checkz, that the trade went in the other direction. Here's a trade op on the EURUSD I caught. I also caught a near identical setup on the GBPUSD as well. 90 pips today total. A bounce off the pivot, almost coinciding with a bounce off the ...

Indicator Free Trading - Skunny

Charitable foundations are ways of dodging tax last I heard. Now, I have no idea how much money from foundations that rich people set up actually goes to charitable causes... (cause I'm not rich myself) ... but it's probably not all that much. I ...

Indicator Free Trading - Skunny

I'm now interested in seeing if the current GBP trend goes down to break today's support 1, or just touch it... It's interesting, because on many times I've seen the 38.2 hit from below with a pin-bar (like yesterday) before going down into a ...

Indicator Free Trading - Skunny

Wow... fib respect all over the place. Even before the candle the fib was pulled from. Here's a perfect setup I spotted just recently on the GBPUSD as it makes it's descent....

Indicator Free Trading - Skunny

Still trying to crack this nut. This time, using pinbars as fib reference material. Also noticing how some of these fibs line up closely with daily S/R and pivot levels. There's a tap at the 61, and later on just recently, the 38, from inside the ...

Indicator Free Trading - Skunny