- Search Forex Factory
- 122 Results
- Naynay replied Apr 28, 2010
Here's a dead giveaway setup appearing on the EURUSD. Courtesy of Greece economic worries. UPDATE:A bit of pin happening to take out the daily pivot so we can go down...
Indicator Free Trading - Skunny
- Naynay replied Apr 23, 2010
Gahh — Looks like I had my fib in the right place. I just REALLY didn't expect price to make the moves it did! It did end up where I though it would have though. I think there's something to learn in all this,... but I'm not sure what quite ...
Indicator Free Trading - Skunny
- Naynay replied Apr 22, 2010
ThomKnight is back, cool! Anyway, I have been investigating inner-fibs. I keep seeing the same pattern over and over again, I have a few ideas how to potentially trade from them. Looking at this on a GBPUSD 5 minute chart... Still toying with ideas ...
Indicator Free Trading - Skunny
- Naynay replied Apr 21, 2010
And now this fib gets even more interesting. Candles are gripping the fibs all over the place.... Are we still going down?
Indicator Free Trading - Skunny
- Naynay replied Apr 21, 2010
I've been looking at places where fibs line up, and I've noticed that in many cases, there are candles which show respect to either side of a fib that appears to line up, as if to say "Hello! I'm over here!" This following chart looks like something ...
Indicator Free Trading - Skunny
- Naynay replied Apr 21, 2010
Weekly take profit I think is down there! That could be why you don't get your full trade down there
Indicator Free Trading - Skunny
- Naynay replied Apr 21, 2010
Trying to pinpoint good fibs — Matched up two possible fib positions on the GBPJPY M15 Looks like the fib points upwards. I'm thinking that this is because price has already cleared the 38.2 on one fib The confluence on those levels ...
Indicator Free Trading - Skunny
- Naynay replied Apr 20, 2010
That fib I drew would have been tradable had I placed suport on the 50, and traded from the 38 to the 0 (with a stop at the 50) Again, that pinned bar mapped it out. Live and learn I guess.
Indicator Free Trading - Skunny
- Naynay replied Apr 20, 2010
Maybe this will work better? Some rather interesting pin bars for resistance there
Indicator Free Trading - Skunny
- Naynay replied Apr 20, 2010
I have been trying to figure out what I am doing as well... considering that GBPJPY set up is going pear-shaped. I've just been going candle to candle trying to find fibs that match well after a new candle has closed. Forgot about pulling to support ...
Indicator Free Trading - Skunny
- Naynay replied Apr 20, 2010
GBPJPY — I have a fib lock-on on the GBPJPY Going up! I have been stalking price on this swing trying to find an exact 3-fib pip perfect respect fib, and now I have one. On the next candle, should this one hold above the fib level, we should ...
Indicator Free Trading - Skunny
- Naynay replied Apr 20, 2010
A short and sweet one off the GBPJPY. I thought I might have been dealing with a drop to the 50 at one point, but my chart tells the story. Also worth noting that many of the fib marking candles are very pin-barish. I wish I stayed in this trade, it ...
Indicator Free Trading - Skunny
- Naynay replied Apr 19, 2010
I ended up taking that geppy trade twice because price bounced up from my earlier TP without actually reaching target. Another 20+ pips for me. Potentially looking at another landing around the 138.890 position
Indicator Free Trading - Skunny
- Naynay replied Apr 19, 2010
GJ — Here's what I'm looking at gents... We're due for a test of 140 I am placing my fib on that swing low on the 50 BECAUSE the inner fibs did not hold for a retracement. Strangely (or not so strangely), the 100 on my fib is almost dead-on ...
Indicator Free Trading - Skunny
- Naynay replied Apr 17, 2010
What I'm noticing is, that when price stops at the 38 or 61, it's likely to bounce off and continue the trend, but when it stops at the 50,... a break of the 61 means price goes to the 100
Indicator Free Trading - Skunny
- Naynay replied Apr 17, 2010
EURAUD — Here's the EURAUD as I saw it MD.... (easily seen is retrospect!) Price goes down and rests at the 50 (I've been noticing a pattern here with trending price movements clearly mapping this fib out ahead of time), and amazingly enough ...
Indicator Free Trading - Skunny
- Naynay replied Apr 16, 2010
EURUSD trade closed! — Just as well I stayed in this trade. I made 40+ pips profit. Interesting to see, yet again, that price pinned itself off what was to be the 50 inner fib before reaching it's target (the 0 fib matched up with my earlier ...
Indicator Free Trading - Skunny
- Naynay replied Apr 16, 2010
Price decided to break the 0 before heading up, catching my trade in a bit of trouble. Interestingly, the bounce back up once again made a pin that mapped out the fib 50 of the swing. There is some price leeway between the support fib and this newer ...
Indicator Free Trading - Skunny
- Naynay replied Apr 16, 2010
EURUSD — A clear setup on the EURUSD. Interesting to note the pin that was made on the way down of that huge move yesterday. it mapped out an inner-fib that was to be tested later on. Had we used it at the time, we could have mapped out the ...
Indicator Free Trading - Skunny
- Naynay replied Apr 15, 2010
EURUSD — Saw this pin (yellow circle) and then mapped out the support/resistance fibs. Turns out it bounced off confluent inner fibs, and then once it broke down past the 0, I made an entry and nice exit.
Indicator Free Trading - Skunny