Indicator Free Trading - Skunny

Quoting sizzler

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LOWELL! can't stay away.eh?. man I hope so! that is my working theory

it better be.... I am running out of advil and hair right quick!


Sizz

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Quoting Skunny

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Awesome! I thought it was you, but I didn't want to address the wrong person...lol.

Whatever you can do would be appreciated. If you could paste it in an email that would even be better yet. ([email protected]) If you added anything. Tell Fibo I said hi.

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Quoting lowell

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Hehe, nope!
Found out my in-laws just got broadband. I'm glued to the monitor even though I'm 2,100 miles from home, lol. I hate to admit my own impatience but I am realizing its probably safer for me to have access to all this discussion/analysis WITHOUT having access to my trading software/platform.

EDIT: Skunny, I hope you help us find enough "Absolutes" to keep me from blowing up my account when I get back home.

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Quoting sizzler

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Phew, I feel like I am home and can breathe again Lines and triangles yay! that is how I "see" the market I normally manually draw them so Gann is new but I thought would take a crack at it and throw it out there

"I" have always traded lines a lot like Skunny teaches fib trading in fact pretty much exactly

On pierces and breaks and closes as tps as sr clusters major minor etc.. I friggin love lines and the shapes they make. I am not going to go on, but If you combine these with fibs( like I hope we will) it looks amazing.

PERSONALLY when I was using these and shapes w/fibs and not JUST fibs my trading was 4000% better then vanilla fibs.

this is my first time using gann lines..so.bear with.. and basically the lines are somewhat dynamic as your chart flows and they set active range.. I put more lines then I have on my own chart wayy more.this is a mess.

I hope no one get cheesed I used Dollarswiss because the other pairs had been done and I didn't want to subconsciously cheat off of Skunny. ...too much

For just lines... no fibs... you really might need a momentum... tool..IMO. or just combine it with fibs hehehe


Sizz

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Quoting 24HourTrader

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The chart looks good, but how do you know the angle to draw the lines from? Has Skunny told us? I couldn't have missed a post that important could I...?

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Quoting Skunny

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You'll get it!!! Everyone will (if they stick with it)

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Quoting sizzler

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well I charted out the phases of the moon and divided it by wind speed and sunlight quotient.. multiplied it by the earth's gravitational field....it was all very complicated and just so. Quite.

LOL
j/k the computer did it for me never have drawn them before.

I would manually draw these pups. but still no where near the amount I put on that screen. Just mess with it it is easy. pretty common sense...not that I did it right but that is what makes sense to me.

you can just see them on the charts if you look then you just draw them in. See all those trangles everywhere? look at a chart in the buff and you will start to see them and don;t need to draw them and muck up yer chart so much.


24ht...if you have never done this..... Look for trangles... grab a bunch of charts and lock yourself in your office for 2-3 days. See if you can also find the dragon in the Geppy The thing looks exactly like a dragon IMO

the Squid I think Skunny posted is a great one too. Giant pointy squid head like a big arrow or spear head.

Look for the meerkat too.

oK there is no meerkat. but the other two exist.

mix in some pa and whoa nelly...

Sizz.

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Quoting Pipskateer

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I'll have to update it, but will send it when finished. Hopefully sometime this weekend. I can attach it as a Word document or PDF file. Any preference?

Also, do you want the post text only or include the pics? Was thinking about including the post links to back the forum as well.

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Quoting hnic828

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Hey Skunny,

This time I didn't copy you...Am I on the right track?

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Quoting dagoods

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oops YOU did a chart with the fibs already! thanks... unfotunately in addition to being stupid... I cant see very well either... can you blow that up for me so i can learn????

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Quoting nikkipip4

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Skunny,

I plan on sticking to this until I get it and thanks to you and BO that is now a very real possibility. Some of us are not wired brainwise to figure it out by ourselves (you know the left brain right brain thing), but with help the light bulb begins to flicker and soon it will light the whole room. If you know what I mean I never thought to think deeper. From all my indicator mindset I was really paralyzed and did not know it. All I knew was IT WAS NOT WORKING!!

Many thanks,
Nikki

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Quoting lowell

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Hehe, nope!
Found out my in-laws just got broadband. I'm glued to the monitor even though I'm 2,100 miles from home, lol. I hate to admit my own impatience but I am realizing its probably safer for me to have access to all this discussion/analysis WITHOUT having access to my trading software/platform.

EDIT: Skunny, I hope you help us find enough "Absolutes" to keep me from blowing up my account when I get back home.

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Quoting Skunny

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What I did when I pulled the fib is define a trading range. Once this is defined we trade when the price violates our range. Because we don't know if it is a break out or not we enter the trade on penetration. In this case it pissed us off and sought out the inner fib supports. So we have 1 long position (penetration) (optional) and we add to the position as it works against us (because we know where it is going). In this case it chose the 62 as support most likely completing a cycle on a lower time frame. I did not study this trade but for a moment or two, I just wanted to get something up on the thread before I left, so let's not get too anal about the chart...lol

Again, you need to just study and not trade it, because if you have your fib drawn in the wrong place you will lose big doing it the way I just described.

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Quoting sizzler

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the Squid I think Skunny posted is a great one too. Giant pointy squid head like a big arrow or spear head.

Look for the meerkat too.

oK there is no meerkat. but the other two exist.

mix in some pa and whoa nelly...

Sizz.

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Quoting 24HourTrader

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LOL so there is not some special angle that is always used? If that's the case how are these gann lines any different from regular old trendlines? If gann lines are drawn from a single point...seems like you'd have to have an angle in mind when you start them?

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Quoting hnic828

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Hey Skunny,

This time I didn't copy you...Am I on the right track?

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Quoting scottymoll

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Quick question. I'm trying to plot some Gann Lines on my chart, and they will only go in one direction... up. How do I get the lines to also project at a downward angle so that some triangles will form? Thanks!

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Quoting PiPr Pro

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Skunny - again glad to see you here. The first amazing thing I learned from the tech room (at the first firm I worked) in the early 90's, many of the best institutional traders trade outside the channel or trading range. That is where the best probabilities are and usually the fastest action. The readers here should consider it a blessing you are helping in this manner.

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