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Indicator Free Trading - Skunny

  • #361
  • Edited 11:06am Dec 17, 2007 10:05am | Edited 11:06am
Skunny said to drop down a timeframe. The 4 hour is used widely. Pattern seems to hold here too.
  • #362
  • Edited 11:06am Dec 17, 2007 10:07am | Edited 11:06am
4 hour USDJPY pattern holds here, too. Once the price hit the upper fib target area, it retraced.
  • #363
  • Dec 17, 2007 10:14am Dec 17, 2007 10:14am
Quoting Forex It
Sorry Skunny.

I did not mean that your thread was bull.
In fact I believe that it is great.

I did not mean that what you are doing in not constructive.
Matter of fact when I found your thread Dec-12th I thought it was sent from God.

You about a month ago I started working on this theory of what you are talking about except I have been using the open and close points.

I did not know about vhands ea which I think think is great. Thank you.

I did not mean by my post that I had so much experiance that I did not want to learn. But that I have only been doing forex for that long.
And that I am still learnig and would very much like to continue with your thread.

I have not been reading threads very long or posting to any. Most that I have read seem to get so full of stuff that does not pertain to the subject and makes them very hard to follow.

I do however feel lucky for makeing it this far and to have found your thread.

I have no methods or anything of the sort. Just a theory similar to yours on this thread.
I do not want a thread and do not want yours as I am here to learn.

I am very sorry for the post and to anyone that I have offended.

I just got frustrated.

I am sorry to hear about your dad and pray he gets better soon.

I will from now on stay on the sidelines.

Sorry and please keep up the good work.
Understood. You are welcome here, if you have anything positive to add we want to hear it. No need to stay on the sidelines. Hope you at least appreciated the humor
Robonacci com
  • #364
  • Dec 17, 2007 10:16am Dec 17, 2007 10:16am
Brick-man can I suggest that you actually draw on your charts what it is you are seeing as to clarify your observation instead of posting 100's of charts.
Mark the places what you are seeing works and mark where it didn't and mark what fib ratio it is etc

Please.
  • #365
  • Dec 17, 2007 10:17am Dec 17, 2007 10:17am
Quoting bobblong
Brick-man can I suggest that you actually draw on your charts what it is you are seeing as to clarify your observation instead of posting 100's of charts.
Mark the places what you are seeing works and mark where it didn't and mark what fib ratio it is etc

Please.
My sentiments as well.
  • #366
  • Dec 17, 2007 10:23am Dec 17, 2007 10:23am
Quoting bobblong
Brick-man can I suggest that you actually draw on your charts what it is you are seeing as to clarify your observation instead of posting 100's of charts.
Mark the places what you are seeing works and mark where it didn't and mark what fib ratio it is etc

Please.
I would if I knew how.
  • #367
  • Dec 17, 2007 10:25am Dec 17, 2007 10:25am
Quoting SBrickman
I am just trying to grasp the method of this thread. It seems to be fib based. I see the fib targets being hit, followed by a price retracement. This seems to work on the 5 minute chart for scalping.
You are doing a great job SB, I sent you a pm. I believe you have an indicator here (by definition) and for now we have an indicator free environment. So, you might get some crap thrown your way. Your indicator however seems to be more of a price recognition indicator instead of a reformulation of data, which I'm interested in learning more about. Thanks for your posts.
Robonacci com
  • #368
  • Dec 17, 2007 10:26am Dec 17, 2007 10:26am
Quoting SBrickman
I would if I knew how.
Go here d/l the trial and then mark your charts and you don't have to post them again, just edit your current posts and click Manage Attachments

http://www.techsmith.com/download/snagittrial.asp

  • #369
  • Dec 17, 2007 10:27am Dec 17, 2007 10:27am
Quoting smjones
I think they are great. I also find them festive. If I gave the impression that you were wrong that is my fault not yours... LOL
Shouldn't you be cooking something?
Robonacci com
  • #370
  • Dec 17, 2007 10:37am Dec 17, 2007 10:37am
Is there anyone here brave enough to post a chart with support areas only. G/U 4 hr starting from the low on oct 22 to current. You should have a farmers dozen or so. The more the merrier
Robonacci com
  • #371
  • Dec 17, 2007 10:41am Dec 17, 2007 10:41am
Quoting Skunny
Shouldn't you be cooking something?
Im cooking up some tomater gravy N bisckits, you ont me ta fedex ya sum.
  • #372
  • Edited 11:08am Dec 17, 2007 10:42am | Edited 11:08am
Price entered the low fib projections area - the bottom 2 red lines. Those are the 38% and 62% projections. Price reversed all the way back to the high of the candle of the fib projections.

Price entered the high fib projections area - the top 2 red lines. Those are the 38% and 62% projections. Price is heading back towards the low of the candle of the fib projections.

That it was I see. I am just trying to learn and understand what Skunny has posted, that is all.
  • #373
  • Dec 17, 2007 10:44am Dec 17, 2007 10:44am
Quoting Bobokus
Im cooking up some tomater gravy N bisckits, you ont me ta fedex ya sum.
Are you sure your neck isn't red in the winter...LOL
Robonacci com
  • #374
  • Dec 17, 2007 10:44am Dec 17, 2007 10:44am
Quoting Skunny
Is there anyone here brave enough to post a chart with support areas only. G/U 4 hr starting from the low on oct 22 to current. You should have a farmers dozen or so. The more the merrier
Sumthin like iss here
Attached Image (click to enlarge)
Click to Enlarge Name: gbp4hr_s&r.gif Size: 20 KB
  • #375
  • Dec 17, 2007 10:44am Dec 17, 2007 10:44am
Quoting Skunny
You are doing a great job SB, I sent you a pm. I believe you have an indicator here (by definition) and for now we have an indicator free environment. So, you might get some crap thrown your way. Your indicator however seems to be more of a price recognition indicator instead of a reformulation of data, which I'm interested in learning more about. Thanks for your posts.
I just coded something ( an indicator ) to plot the fib projections. It doesn't really indicate anything like MACD or RSI. I am just "guessing" at the answers while attempting to understand and learn from you. Thank you.

You are welcome.
  • #376
  • Dec 17, 2007 10:45am Dec 17, 2007 10:45am
Quoting Skunny
Are you sure your neck isn't red in the winter...LOL
yea, its Red...........
  • #377
  • Dec 17, 2007 11:07am Dec 17, 2007 11:07am
Quoting Bobokus
Sumthin like iss here
Very funny southern man. BTW, did you find Bigfoot yet...lol

Can someone actually draw one? And I don't want the resistance. Don't be affraid
Robonacci com
  • #378
  • Dec 17, 2007 11:10am Dec 17, 2007 11:10am
Quoting Skunny
Some of the answer is already here in this thread.
But only if we know how to correctly place the fib.....
  • #379
  • Dec 17, 2007 11:11am Dec 17, 2007 11:11am
Quoting Skunny
Very funny southern man. BTW, did you find Bigfoot yet...lol

Can someone actually draw one? And I don't want the resistance. Don't be affraid

LOL, thats only a few miles from me where they were looking for him. Dont tell me that made national news.
  • #380
  • Dec 17, 2007 11:15am Dec 17, 2007 11:15am
Quoting blueruby
But only if we know how to correctly place the fib.....
S/R is a good place to start. Don't overlook seemingly meaningless support/resistance areas.
Robonacci com
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