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This topic is suitable for students from Skunny's Thread who want to walk on the 5-minute and 15-minute charts of USDJPY, GBPJPY, and GBPUSD.

I will be using a simplified Fib tool called IFibs and will keep an active chart updated throughout the European session and hopefully others who will join me will be able to update the US and Asian sessions.

For those unfamiliar with the Skunny theme - here is the link:
http://www.forexfactory.com/showthread.php?t=60272 There is also Bobokus's post, which praises Skunny's post:
http://www.forexfactory.com/showthread.php?t=50767

Thanks for their hard work and sharing with all of us at FF.

All answers about this method can be found in these threads, so please do your homework before asking basic questions - and also please don't keep negative posts and posts about other ideas in the thread - thank you.

So, let’s continue our journey and hopefully we’ll see Molly Quail…

islanders.

EDIT: Three months on, I realize that I made some incorrect assumptions, and it would be more accurate to say that Bobocus is a master - and a very experienced trader. Skunny studies as Bo's "student" and has his own mysterious ideas.

The ideas in this thread owe far more to Bo than Skunny - plus some ideas of my own.

Aptil 2009 I'm posting here again - although now mainly for GBPUSD - aka cables. Additionally, I added sweet spots (aka physical levels) as well as daily pivots because that's how I trade now. Indicator window is not an indicator - it's volume - an important part of trading that few people know or use - if you want to know more, check here: http://www.forexfactory.com/showthread.php?t=157629