euro on a crazy ride today

Indicator Free Trading - Skunny

EU came all the way back to retest Mondays low...

Indicator Free Trading - Skunny

thats a good question.... i dont really have a hard and fast rule, on the breakout im always wary of the fact i know something like 80% retrace back.... in this instance, eu, gu, au and nu were all dropping like bricks.... with big candles.... so ...

Indicator Free Trading - Skunny

forget bias, trade the plan.... if you dont trade the plan you will forever be making mistakes trying to second guess the market... set yourself some simple rules, rinse and repeat... imho thats the moley quail

Indicator Free Trading - Skunny

nice little EU trade in asian session... gives me a free lot to leave on over night image

Indicator Free Trading - Skunny

dollar really moving in asian session, gold and silver pushing up, indices all crashing.... going to be a busy tuesday i think

Indicator Free Trading - Skunny

not much in the way of entries on Presidents day... managed a trade on AU... took half off at tp1 +28, moved 2nd part to break even nice start to the week, 2 wins on a monday image

Indicator Free Trading - Skunny

yes, and all the fundamentals are predicting bullish gbp, suspected interest rate hikes etc... a trade back to the top is probably pretty good call.... still i have finally got to the point where i only trade my plan (taken me a long time) and seems ...

Indicator Free Trading - Skunny

this is my main concern with GU, looking at the bigger picture, of course if we trade through this may get a good run image

Indicator Free Trading - Skunny

yeah been watching GU, but decided to sit out... unless we have a break of fridays high at least....

Indicator Free Trading - Skunny

Gold trade from the market open this week.. TP1 +30 second lot +105 still running this is a good example of the fact that fibs dont have to be respected exactly, all i did here was focus on support and resistance, bulls are clearly in control, ...

Indicator Free Trading - Skunny

i took tp1 gold +30 before i went to bed, 2nd lot took off in the morning +105 and running

Indicator Free Trading - Skunny

just scanned last week, seems there was some easy pips there last week... if there is such a thing...

Indicator Free Trading - Skunny

I dont really trade that pair... how do you find it?

Indicator Free Trading - Skunny

generally if a trade has triggered the fibs remain until tp1 is hit... but this is not a hard and fast rule, I will always look at the big picture and see what the price action is telling me... I know thats a bit vague, maybe post a chart of an ...

Indicator Free Trading - Skunny

nice

Indicator Free Trading - Skunny

Nice Gregart, like the way you trade the retrace aswell... good stuff yeah trends make fib trading really easy.... so sensible people trade the pairs that trend more often.... trading is simple, it's not easy

Indicator Free Trading - Skunny

yes i struggled with a lot of the charts... but i kept referring back to Skunny insisting we keep it simple..... I always stay on the 1hr chart... from there i can see what the daily and weekly are doing by just zooming out a little... no i never ...

Indicator Free Trading - Skunny

some would say exactly on the 61.8... but that is trading harmonic patterns and yes they are extremely reliable, i like to look for price to respect a fib then start going the right direction, or a nice candle pattern like a double bottom.... the ...

Indicator Free Trading - Skunny