Here is a quick example I just put together - we have one dominant fib and and a few less dominant fibs that end at the same exact point and time.
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Robonacci com
- Post #8,325
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- Mar 11, 2015 7:17am Mar 11, 2015 7:17am
Rob,
lolol you dingledork! why didn't you just tell us(maybe you did and I wasn;t there that day? ) that everything was derivative of the cycle and show us what that was? HA!
It took me years using the indicator approach ( meaning if I don't know what I am trading is based off of, II just have to brute force test things until I have seen 1000000000 pulls and basically am a blind man describing an elephant by touch alone).
We basically got Tiger Woods showing a million different golf swings without really knowing where the hole was...or in some cases what golf was. That being said, I am sure people will MC2 etc et al that much more potent now that this concept is in place.
at any rate since price almost never sets up "picture perfect" and we have to infer things ( and or look backwards) based on what we have available ...meaning I can see a b and c so I am guessing d exists , but isn't visible on this time frame.. having the pristine full cycle info (138.2 to inners to 100 to 61 to 138.2)would have helped
That explains why starting a pull on the second candle makes sense. ..this also makes being upside down not a thing( assuming due diligence)
I have a question, Since with, for example) swing fibbing we are( unless we aren't) inferring a 138.2 starting point or any kind of fibbing a lot of times we have to infer points, I have come to the conclusion that there is a frame of infinite fibs overlaying the market and price has a predetermined path through said frame. Fibs aren;t 'created" they are just "activated" What are your thoughts?
Anywho thanks man that is a or the missing puzzle piece. ...now about timing.....
here was a cobbled together UY and a scrappy Gy I am assuming should complete soon or waffle and retrace all over the place before hitting target .
lolol you dingledork! why didn't you just tell us(maybe you did and I wasn;t there that day? ) that everything was derivative of the cycle and show us what that was? HA!
It took me years using the indicator approach ( meaning if I don't know what I am trading is based off of, II just have to brute force test things until I have seen 1000000000 pulls and basically am a blind man describing an elephant by touch alone).
We basically got Tiger Woods showing a million different golf swings without really knowing where the hole was...or in some cases what golf was. That being said, I am sure people will MC2 etc et al that much more potent now that this concept is in place.
at any rate since price almost never sets up "picture perfect" and we have to infer things ( and or look backwards) based on what we have available ...meaning I can see a b and c so I am guessing d exists , but isn't visible on this time frame.. having the pristine full cycle info (138.2 to inners to 100 to 61 to 138.2)would have helped
That explains why starting a pull on the second candle makes sense. ..this also makes being upside down not a thing( assuming due diligence)I have a question, Since with, for example) swing fibbing we are( unless we aren't) inferring a 138.2 starting point or any kind of fibbing a lot of times we have to infer points, I have come to the conclusion that there is a frame of infinite fibs overlaying the market and price has a predetermined path through said frame. Fibs aren;t 'created" they are just "activated" What are your thoughts?
Anywho thanks man that is a or the missing puzzle piece. ...now about timing.....
here was a cobbled together UY and a scrappy Gy I am assuming should complete soon or waffle and retrace all over the place before hitting target .
- Post #8,327
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- Mar 11, 2015 10:57am Mar 11, 2015 10:57am
Cool. Because I ballsed up that GY chart trying to work forward price
Currently with robonacci i don't know how to trade forward without sampling the past So that works fine for me. All of my charts are from the past applied on current price.
Currently with robonacci i don't know how to trade forward without sampling the past So that works fine for me. All of my charts are from the past applied on current price.
- Post #8,328
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- Mar 15, 2015 11:03am Mar 15, 2015 11:03am
Hey Rob,
Worked with the 138.2 applying it a way I understand things to work and I was wondering if I could get feed back on some charts/thought process. Both of these pairs happen to be going the way of these fibs at any rate for a multitude of reasons and that doesn;t hurt.
The thought process here is as follows - and yes the inital TTP measurements could be used for a litany of other things not just waiting to see if they came out the other side so this isn't the most efficient, but it is a thought process more so.
Blue area set a fib that completed ( I am not sure on what that means exactly)... in both instances I really wouldn;t have had those measurements that way before the ttp or at least not for long since I am seeing almost zero identifiers to my eyes, but they hit TTP. Both are counter trend whatever that means.
Pinky areas... as price moved away from the ttp(which at this time except for the AUD example) I would have no inkling that TTP held any weight. With my patience level, it would be rare for e to just sit these bad boys like this with nothing I can understand going on for weeks no retriggers etc., but so it goes into...
Orange -the fib is picked up in cad coming off of the 62 checks the 100 and breaks, the aussie triggers and then comes back to check the 50...Tomato tomahtoe, but my comfort level on Aussie would be more suited to seeing it work on this time frame on the way down before pierce.
So macro thought process is this - Both of those fibs ,on intial set up, were tenuous at best to me , but the ends justify the means so to speak...even though I wouldn't understand exactly before that they would hit the first TTP, they did, but the meat of it is... we can imply they worked on the way up since they worked on the way down (vice versa for cad) and now we have valid cycle targets.
Too long didn't read - if it works on the way up/and it works on the way down it is working. Trend. Measure past and don't move in this example. Same stuff as always but with the 138.2
Sizz
Worked with the 138.2 applying it a way I understand things to work and I was wondering if I could get feed back on some charts/thought process. Both of these pairs happen to be going the way of these fibs at any rate for a multitude of reasons and that doesn;t hurt.
The thought process here is as follows - and yes the inital TTP measurements could be used for a litany of other things not just waiting to see if they came out the other side so this isn't the most efficient, but it is a thought process more so.
Blue area set a fib that completed ( I am not sure on what that means exactly)... in both instances I really wouldn;t have had those measurements that way before the ttp or at least not for long since I am seeing almost zero identifiers to my eyes, but they hit TTP. Both are counter trend whatever that means.
Pinky areas... as price moved away from the ttp(which at this time except for the AUD example) I would have no inkling that TTP held any weight. With my patience level, it would be rare for e to just sit these bad boys like this with nothing I can understand going on for weeks no retriggers etc., but so it goes into...
Orange -the fib is picked up in cad coming off of the 62 checks the 100 and breaks, the aussie triggers and then comes back to check the 50...Tomato tomahtoe, but my comfort level on Aussie would be more suited to seeing it work on this time frame on the way down before pierce.
So macro thought process is this - Both of those fibs ,on intial set up, were tenuous at best to me , but the ends justify the means so to speak...even though I wouldn't understand exactly before that they would hit the first TTP, they did, but the meat of it is... we can imply they worked on the way up since they worked on the way down (vice versa for cad) and now we have valid cycle targets.
Too long didn't read - if it works on the way up/and it works on the way down it is working. Trend. Measure past and don't move in this example. Same stuff as always but with the 138.2
Sizz
- Post #8,329
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- Mar 15, 2015 11:42am Mar 15, 2015 11:42am
Another question..
In my own personal trading, I favour finding a larger TF fib and trading from the identification points.Aside from the waiting this entails, the goal is to have a monster hands off trade due to the risk and accuracy of properly applied Robonacci. I tend to only take these short because short trades are generally more direct. Surprise! I have a chart!
So let's make some assumptions - this is correct, you know it in your plums, and that orange candle is the control point/identifier of the fib being picked back up.
sidenote- It doesn't matter if this is right or wrong in real life for this question.. on a larger time frame they will be "right" long enough to be profitable and this was no exception. ..moving along.
Retraces with Robonacci can be psychologically "challenging" for me ao aside from drinking a gallon of Hibernol and coming back in August, can you recommend a good trading strat to identify and get out on retraces?
I am not sure how to know if I am going to get a retrace of any merit if I am tracking inners fibs toward target ( sometimes it is 1 pip sometimes it is 100) Going counter trend( as identified by the fib) on more detailed tf's gets tricky for me since I seem to miss things . The blue area retest is a great example.
My favorite is the 10 ( or 100 just really close) pips from target massive retrace. Love that
Currently I am using :
1.) get out at the 100
2.) get out when I have made enough money for me
3.) ignoring candle breaks and waiting on the retest to enter..sometimes it doesn't retest though obvs
4.) Switching to a more detailed view of price from the identification/control point , but price may only pause for a a little while with no real enterable retrace and I wasted an entry.
5.) just trading 15m from 1hr since things happen "faster" ...more detail on less accurate ( prints/broker/data whatever) tfs for me = more misreads aka 5 minute can be a nightmare out of context.
TLDR - if you have a move short/long how do you personally attack it since retraces can be 100% and that is inefficient and time consuming to sit through them.
Sizz
In my own personal trading, I favour finding a larger TF fib and trading from the identification points.Aside from the waiting this entails, the goal is to have a monster hands off trade due to the risk and accuracy of properly applied Robonacci. I tend to only take these short because short trades are generally more direct. Surprise! I have a chart!
So let's make some assumptions - this is correct, you know it in your plums, and that orange candle is the control point/identifier of the fib being picked back up.
sidenote- It doesn't matter if this is right or wrong in real life for this question.. on a larger time frame they will be "right" long enough to be profitable and this was no exception. ..moving along.
Retraces with Robonacci can be psychologically "challenging" for me ao aside from drinking a gallon of Hibernol and coming back in August, can you recommend a good trading strat to identify and get out on retraces?
I am not sure how to know if I am going to get a retrace of any merit if I am tracking inners fibs toward target ( sometimes it is 1 pip sometimes it is 100) Going counter trend( as identified by the fib) on more detailed tf's gets tricky for me since I seem to miss things . The blue area retest is a great example.
My favorite is the 10 ( or 100 just really close) pips from target massive retrace. Love that
Currently I am using :
1.) get out at the 100
2.) get out when I have made enough money for me
3.) ignoring candle breaks and waiting on the retest to enter..sometimes it doesn't retest though obvs
4.) Switching to a more detailed view of price from the identification/control point , but price may only pause for a a little while with no real enterable retrace and I wasted an entry.
5.) just trading 15m from 1hr since things happen "faster" ...more detail on less accurate ( prints/broker/data whatever) tfs for me = more misreads aka 5 minute can be a nightmare out of context.
TLDR - if you have a move short/long how do you personally attack it since retraces can be 100% and that is inefficient and time consuming to sit through them.
Sizz
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