Xaron, you can't always avoid losing trades. — Hi Xaron, I am not an expert, as my account will testify, but here are some suggestions: 1. Skunny has said he doesn't like the Risk/reward of trading these breakouts of the 0% or 100% levels with ...

Indicator Free Trading - Skunny

Thanks Bo — Thanks Bo, I will get the hang of how to use these mearuring sticks sooner or later - I just want it to sooner! I have had 2 out of 2 losing trades on Swing Fibs today, i misssed the first short because I had to go out. Took the ...

Fibonacci Trading with Bobokus

Confusion reigns on Intraday Fib — Hi Bo, Now I am confused. (For me it is 06:03 , as I am on GMT). Since we had a change of direction on Monday (GMT time), I have pulled a new Intraday Fib today based upon yesterdays retracement of the ...

Fibonacci Trading with Bobokus

Hi GT, Looking at your chart, I can't help wondering how you got your Fib there in the first place. I tend to see the bigger moves better, so this probably doesn't help - but this is my GJ chart. I don't like GJ that much as it always seems to ...

Indicator Free Trading - Skunny

Nice one Seb — Nice one SEB - I like it! Ian

Indicator Free Trading - Skunny

According to Skunny, I think it is bad to go way past 161.8 — Hi Piphitman, If we are taking these Fibs seriously, then yes it is a problem if they go way past the 161.8 without there being an obvious follow on Fib walk. Remember that they are ...

Indicator Free Trading - Skunny

Not saying its right, or that the red is wrong — [quote=sizzler;1818942].....This is on the fly and I have my hypothesis... BUT I would like to see what the crowd thinks. I have my master fib up, then i have a minor and a micro watching this ...

Indicator Free Trading - Skunny

False signals - I have to disagree with your definition — Hi Charlie, I have to disagree, in my book a signal is false for trading purposes (or the Fib was drawn in the wrong place) if the price penetrates one Fib etreme (0% or 100%) by a few ...

Indicator Free Trading - Skunny

Dunkan - Better Fibs? — Hi Dunkan, I thought that somebody ought to reply to you. I am not qualified to judge other peoples Fibs because: 1. I am just a novice at this stuff. 2. Different people have different objectives. For example some are ...

Indicator Free Trading - Skunny

Forex IT - Real chart versus 'Beginners chart' — Hi Forex IT, I think what Bo has done is that the more recent chart is the one he actually used to trade off, whereas the earlier chart (which was in his 'New Begining' post) is the one he ...

Fibonacci Trading with Bobokus

Editing old posts — Hi Thexder, Yes, other than the thread starter, contributors can only edit a post for a few days - I think it is 3 days but may be wrong. Ian

Fibonacci Trading with Bobokus

Ok, so why did you start the Gann line at the 23.6% ? — Hi Islander, Are these Gann lines drawn beofre or after the 138 is hit. If before, that is great - but why did it start at the 23.6% ? Thanks, Ian

Indicator Free Trading - Skunny

To resolve confusion - just edit post 1 — Hi Bo, isn't it always possible for the thread starter to edit their 1st post? If so, just add a note to say what the alternate names are for those Fibs you have re-named. Ian

Fibonacci Trading with Bobokus

A confusion of Fibs (is that the right collective noun?) — Hi Bo, I have read the thread all the way through (though only once) and I am confused by the number of/names of all the fibs. Do you really have all these fibs? Or are some just ...

Fibonacci Trading with Bobokus

Thanks for this Bo and Bruce, I too was drawing the Intraday just from high to low in each calendar day and only starting it in the previous day if there was no significant swing low in that day. So the correct way is to re-draw it after it has hit ...

Fibonacci Trading with Bobokus

Some people's attitudes just limit their potential — No, I don't and i'm sure th_ngue21 would also change his/her mind, if they saw Bobokus' stepson's +180% in 7 trading days! Admittedly Bo does not appear to have taught him a conservative MM ...

Indicator Free Trading - Skunny

Congratulations Tiki, It is good to see that you know an A trade before it takes off! I was also shorting GJ but a little earlier but was undercapitalised for the true SL required. Its really annoying that it got to within 1 pip of my TP before ...

Tiki Trader Trades

Fib extensions not to the pip? — Hi Bo, I had thought from what both Skunny and you had written in his thread that at least for the majors, fib extensions could be relied upon to the pip (or very close - say 5 pips). And that if an extension ...

Fibonacci Trading with Bobokus

NonLag ZigZag — Guys, The reason Skunny says not to trade with it, is that it repaints itself. So it is always correct in hindsight, but like all indicators it can't predict the future. However it can help you identify peaks/troughs of over a ...

Indicator Free Trading - Skunny

To Trade Fib Breaks or not - my 2cents worth — Hi Daniel, From what I have read in this thread, you ar right about Skunny not liking the RR on trading breaks on big Fib . Though he has not (to my uncertain knowledge) said anything about not ...

Indicator Free Trading - Skunny