Indicator Free Trading - Skunny
ok wise guy how is anyone going to learn with that kind of answer?
too funny pipr..... ok u give an example then....
ok - in all seriousness - I only had the monthly/weekly targets on my screens (go big or go home -haha) now that the us indices are closed - let me walk the fibs on H1 and give you my OPINION.
P.S. - that answer was serious - do you see why
Oh for sure I like this chart!! I don't know about the 127 or 7x level but they look good
and the 262? you are a FIB WILD MAN!
I mean I think your fibs are good but you fib so differently then I do, that it is hard to gauge. So I looked at my chart and methinks you are good to go.
So my analysis is yes the EURO/DOLLAR is slow and you chart looks good and I think by virtue of upside confluence you tp will be hit and you have a valid trade. Nice! you might even let that upside run like the wind IMO. anywho my analysis is : chart Bueno! Fib levels insano! You look like you are rocking like champ 4x4 must be someting about those North Carolina boys...hehe thats it I am moving.
here is my upside targets would I be trading this,as long as you don;t outright DXtrade any of my fibs and hurt their feelings I am coolhehehe
we look to be about to compete a little 132 looperdooper off of a bullish pennant and get moving oooonnn up.. or not
Sizz
p.s. Where is your partner in crime Pipskateer?
Hey Sizz,
Why didn't you fib the low on that particular fib???
just give an example though of what i was getting at for all to see please
I don't trade frankie, so I ran vHands and then posted my trade fibs here for you, starting with the monthly picture. If it breaks bullish to complete the swing cycle, here you go. I think your fibs are possibly correct, I would wait to see the price action and then decide since I do not have my additional senses available here because I do not trade frankie.
P.S. The vHands was big profit but that doesn't count for a short period
Good questions on direction of the break on your fibs. I ask myself those questions daily. What it boils down to for me is that pulling a correct fib seems to be easier and the accuracy rate seems to be going up.
With that happening, my next question would then be ENTRIES. I have seen plenty of false penetrations and breaks at the 0 & 100 lines. Enough that I have little confidence in taking them. So we look back inside the fib at the 38 and 62. For me, there is no clear cut way to define those trades as of yet. DXTrade did have an interesting entry plan earlier today.
BK
Boy I am glad you cleared up all the confusion
wa a bit worried you might not anwer the question or even worse muddy up the waters with a complicated fib chart drawn off of multiple timeframes....
Your last fib is wrong - or I believe premature. This is the one I would be trading now (IF I traded frankie and IF I traded frankie hourly - which I don't) You are using a completed fib. Now - there's your answer and the good news is if my fib is correct - your will still have a shot at being correct too. And if ultimately your fib hits to the pip then YOU were correct not me, because you will have expected more profit earlier than me. If my fib hits, yours is the next logical drawing I have also. Hope this really helps.
I'll send ya one along with a pint of Guinness or a Blue Moon maybe or something closer to the Skun man, a Leinies!ok -OK - take my response on this post with a bit of humor. I spent all that time vHands and the fib pictures to show how I would walk them real time and frankly I believe Skunny would do it much better. I was trying to be nice / funny. So - I'll be mean and rude instead.
I love it....good one Fibzzler
