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- Naynay replied Feb 24, 2010
The EURUSD. This time I went nuts and added a SMA, EMA, Smoothed, and linear weighted SMA for fun and profit. The MAs all seem to be pointing me at the 61 and whispering "sell me at this level!" 1.3570 sits there, and it's a round number too.... so ...
Indicator Free Trading - Skunny
- Naynay replied Feb 24, 2010
Looking at the AUDUSD today for fun. Seems like we're taking the escalator down again... I thought that a retrace to the 50 daily fib might happen given the location of the SMA50, but the daily pivot point is at the 61 (not seen on my attachment). ...
Indicator Free Trading - Skunny
- Naynay replied Feb 23, 2010
Ahh.... the SMA50 showed the best entry fib (and stoploss fib) for geppy trading today. Had I only used a live account...!! 138 pips could have been mine had I entered around the 38.2. Stoploss at the upper 28.6 (effectively price clearing the SMA50 ...
Indicator Free Trading - Skunny
- Naynay replied Feb 22, 2010
Granted, that short was taken at a rubbish position.... it's just demo. Looking at daily, you're right about the support there... but there's a solid pierce of it some time back, so I "think" we are still going to break it down at some point. ...
Indicator Free Trading - Skunny
- Naynay replied Feb 22, 2010
Most of the time, it's pretty easy to see when the price is going to go through the 0/100 and hit the 138, and that's nice and all, but I've been scratching my head as to how to find good entry points to enter the trade at the reatracement with the ...
Indicator Free Trading - Skunny
- Naynay replied Feb 18, 2010
Just looking at that chart, Checkz.... I would not have entered that break north when you did. The reason is because the price did not yet retrace enough from the swing up from the previous day. Many times in trading fro the 100 to the 138, i think ...
Indicator Free Trading - Skunny
- Naynay replied Feb 17, 2010
Good old Skippy. Reminds me of this Aussie comedy sketch from way back when... video
Indicator Free Trading - Skunny
- Naynay replied Feb 13, 2010
I was looking at this software comapy's homepage. Seems like they've cracked the fib code... and if you want to pay then $16.000 for the privelege... good for you. Thing is, they have a video there on how they use fibs and confluence to find market ...
Indicator Free Trading - Skunny
- Naynay replied Feb 12, 2010
Checkz, Give me more details on your trading method and I will attempt to EA-ify it. I tend to like getting mechanical strategies and turning them into EAs because that's pretty much the only way you'll know ahead of time if the strategy is ...
Indicator Free Trading - Skunny
- Naynay replied Feb 9, 2010
Egads... I missed that completely. I will keep an eye on the monthly fib extensions in future to make sure I don't place a trade with TP anywhere beyond the monthly 138 extensions.
Indicator Free Trading - Skunny
- Naynay replied Feb 8, 2010
Today was a fairly rubbish day for trading. Looking at most of the daily candles and their ranges, there was no real breach of the top of bottom of a previous daily candle.... so all in all, not a great day for trading on the daily candles and ...
Indicator Free Trading - Skunny
- Naynay replied Feb 8, 2010
Looks like I got it horribly wrong — The pound is actually going up I think. GBPJPY broke this trend line. You can see where I have a TP above. The fractals are there to alert me to good points to fib from. I am collecting these fractal ...
Indicator Free Trading - Skunny
- Naynay replied Feb 8, 2010
Could you explain that one a bit better? Is that for a trade on the way up or down? Anyway, am looking at the USDCHF at the moment. Seems to have broken a trend line on the way down. The USD action is messing with the decline of the GBPUSD (it has ...
Indicator Free Trading - Skunny
- Naynay replied Feb 5, 2010
Anyone just spot the GBPUSD move lower? I caught it
The set up was almost a complete repeat of yesterday. Price moved towards the bottom of yesterday's daily, danced around it for a bit. Spiked back up again, and when I saw that candle ...Indicator Free Trading - Skunny
- Naynay replied Feb 5, 2010
I meaa that I placed the daily fib extensions over the previous days candle, and then charted the Support, Resistance, and pivot point off the same candle. From the lines that came from that, there was typically one 138 that was floating out and ...
Indicator Free Trading - Skunny
- Naynay replied Feb 5, 2010
Looks like a box breakout strategy... I made an EA like this already. I could probably adapt it pretty easily to your rules... but would need more info about how and why and when you create the box.
SSS EA v1.0 - Auto Trader Bot
- Naynay replied Feb 4, 2010
The fractal code generates a bunch of swing candle high and lows. You see them as blue and red dots. Effectively you can generate an array of highs/lows from these values basically reading them from the indicator buffer. Failing that, you could ...
SSS EA v1.0 - Auto Trader Bot
- Naynay replied Feb 4, 2010
I did a bit of an experiment yesterday. I went through all the major currency pairs (and a few minor ones), and then fibbed the prior day's daily candle as then added the pivot points on top of it. Then I found which of the 138 extensions was not ...
Indicator Free Trading - Skunny
- Naynay replied Feb 4, 2010
I pulled that trade when it was in profit. Looks like it would have hit breakeven if I had not. Not trading anymore now. No idea where the price will go when the news hits.
Indicator Free Trading - Skunny
- Naynay replied Feb 4, 2010
GBP has done a significant break of the previous daily low fib and returned. With pressure to the downside, I take it that this significant break is the cable signalling it's intention to *eventually* hit that floating 138 on the way down.... but ...
Indicator Free Trading - Skunny