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Indicator Free Trading - Skunny

  • #5,761
  • Jan 22, 2010 3:00pm Jan 22, 2010 3:00pm
Looks like a pretty good sell signal on EU.
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  • #5,762
  • Jan 22, 2010 3:27pm Jan 22, 2010 3:27pm
Quoting Misterdaz
Hey guys I do this stuff for a living, drives me bananas. When I grow up I want to be a porn star.

MD.
She would be too, I hope they let you keep her.
  • #5,763
  • Jan 22, 2010 3:34pm Jan 22, 2010 3:34pm
Quoting FX Compass
She would be too, I hope they let you keep her.
If only I could keep her......

BarT, what you doing? Are you just measuring general moves and pointing out how price has respected the fib?

MD.
Keep smiling
  • #5,764
  • Jan 22, 2010 3:50pm Jan 22, 2010 3:50pm
Quoting bartstop
Looks like a pretty good sell signal on EU.
Hi Bartstop -

Outside Fib is a weekly.
Middle Fib is a daily.
Inside Fib is single wave.

See the three Fibs have clustered at 0 line on the weekly, the 50 line on the daily and the 161.8 extension on the current wave.

This is the highest probability short trade when price arrives there next week.

Then the short trade is on from the 50 retracement all the way to 161.8.

Triple clusters are considered extremely accurate.
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  • #5,765
  • Jan 22, 2010 4:03pm Jan 22, 2010 4:03pm
Quoting Misterdaz
If only I could keep her......

BarT, what you doing? Are you just measuring general moves and pointing out how price has respected the fib?

MD.
It looks to me that the first retracement is what determines the target. Not the previous day, week, month. I'm noticing some other things to, need to do some more research. I'll let you know if I find anything worth sharing.


Bartstop
  • #5,766
  • Jan 22, 2010 4:08pm Jan 22, 2010 4:08pm
Here's a chart I pulled this morning on EURUSD when I got into the office. The red vertical line is where price was when I started work. I looked at the chart and decided the general price action was down, not difficult on EURUSD at the moment. I pulled the black fib with respect falling off the internals. I then took note of recent price action since last night, since Mr Obama threw a spanner in the works. I pulled the red fib from the low looking for longs as well as the usual respect of the internals. Look at the cluster at 1.4160ish. I pointed it out to my work colleauge and said "I bet it turns around here". He raised his eyebrows. Needless to say I was right and he had to get the coffees in all day. I didn't take the short but I will when the next one comes along.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusdcluster.JPG Size: 104 KB


MD.
Keep smiling
  • #5,767
  • Jan 22, 2010 4:10pm Jan 22, 2010 4:10pm
Quoting bartstop
It looks to me that the first retracement is what determines the target. Not the previous day, week, month. I'm noticing some other things to, need to do some more research. I'll let you know if I find anything worth sharing.


Bartstop
Don't f%$k about, just get me Jessica's phone number!
Keep smiling
  • #5,768
  • Jan 22, 2010 4:22pm Jan 22, 2010 4:22pm
Quoting Misterdaz
Don't f%$k about, just get me Jessica's phone number!
MD,

It's 05-3826181382.

SK
  • #5,769
  • Jan 22, 2010 4:33pm Jan 22, 2010 4:33pm
Hey I phoned it, that's chinese takeaway in Sydney!
Keep smiling
  • #5,770
  • Jan 22, 2010 4:40pm Jan 22, 2010 4:40pm
Quoting Misterdaz
Hey I phoned it, that's chinese takeaway in Sydney!
So, Did you order the Jessica special ?
  • #5,771
  • Jan 22, 2010 4:43pm Jan 22, 2010 4:43pm
Quoting skong
So, Did you order the Jessica special ?
Yes I did actually, we're going to have a crispy duck!

MD.
Keep smiling
  • #5,772
  • Jan 22, 2010 4:57pm Jan 22, 2010 4:57pm
Quoting Misterdaz
Yes I did actually, we're going to have a crispy duck!

MD.
Looks like BarTstop has gone offline to do the same.
  • #5,773
  • Jan 22, 2010 5:30pm Jan 22, 2010 5:30pm
Quoting edkilp
It's drawn on yesterday's candle. I actually had a stop set at the 76.4 level and got zapped for 84 bucks. It actually dropped right smack to the 50, and is now flirting with 127. Not to be deterred, I got right back in, because I think it's hit. And I base that on absolutely nothing but the fib. Since I'm sitting here, I'm not settin any stops, just gonna watch it.
Ed, if you get time, try and post a chart showing when you took todays trades, I'm still trying to work out where they went wrong.

MD.
Keep smiling
  • #5,774
  • Jan 22, 2010 6:54pm Jan 22, 2010 6:54pm
Quoting Misterdaz
Ed, if you get time, try and post a chart showing when you took todays trades, I'm still trying to work out where they went wrong.

MD.
Here's what I was doin today. I thought it would hit 138.
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  • #5,775
  • Jan 22, 2010 6:57pm Jan 22, 2010 6:57pm
Here's a little somethin to get you all ready for next week......I think it's pretty self-explanatory. Feel free to use this if you want to!! Maybe I'm on to somethin here! LOL

ed
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  • #5,776
  • Edited Jan 23, 2010 3:04am Jan 22, 2010 7:16pm | Edited Jan 23, 2010 3:04am
Quoting edkilp
Here's a little somethin to get you all ready for next week......I think it's pretty self-explanatory. Feel free to use this if you want to!! Maybe I'm on to somethin here! LOL

ed
You idiot, I told you not to give it away!

I'll look at your chart tomorrow ed, 1 pm here I'm hitting the sack.

Night all.
Keep smiling
  • #5,777
  • Jan 22, 2010 10:26pm Jan 22, 2010 10:26pm
Quoting edkilp
Here's a little somethin to get you all ready for next week......I think it's pretty self-explanatory. Feel free to use this if you want to!! Maybe I'm on to somethin here! LOL

ed


That should be illegal!!! Looks like a gremlin threw up on a computer screen lol...
  • #5,778
  • Jan 23, 2010 4:34am Jan 23, 2010 4:34am
Quoting Misterdaz
Here's a chart I pulled this morning on EURUSD when I got into the office. The red vertical line is where price was when I started work. I looked at the chart and decided the general price action was down, not difficult on EURUSD at the moment. I pulled the black fib with respect falling off the internals. I then took note of recent price action since last night, since Mr Obama threw a spanner in the works. I pulled the red fib from the low looking for longs as well as the usual respect of the internals. Look at the cluster at 1.4160ish. I pointed...
In the above post regarding clusters, I noticed both fibs almost land on daily ranges even though I tried to pull like Thom. Just my thoughts that's all, don't know if they have any real point.

Bye bye.
Keep smiling
  • #5,779
  • Jan 23, 2010 8:25am Jan 23, 2010 8:25am
Quoting Misterdaz
You idiot, I told you not to give it away!

I'll look at your chart tomorrow ed, 1 pm here I'm hitting the sack.

Night all.
Nice edit, mate! abusive over-use of symbols designed to simulate foul language will not be tolerated!! Have a good weekend!

ed
  • #5,780
  • Jan 23, 2010 8:39am Jan 23, 2010 8:39am
Sorry mate I'd been at the whisky last night, got a little over enthusiastic!

Still shopping......jeeeezus!
Keep smiling
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