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Indicator Free Trading - Skunny

  • #2,361
  • Jan 20, 2008 6:20pm Jan 20, 2008 6:20pm
Quoting Skunny
You can use 4 on gy there are other settings for different trades. I need to make a video or something on gann lines to give all the info. It took me at least 20 million hours to figure out the settings......ok maybe a thousand hours. So I can't tell you why about anything, just that it works...lol

Skunny,

Different setting for different trades so you can calibrate the line to a desired outcome? Intereshtink. Berry intereshtink

Then wouldn;t you want to say pick XYZ type trades and look for line setting that work for that based on historical data for DIY'ers? also IYO do different tfs have different settings? It would seem so. I have just been looking at chart and seeing if I can find things. trying to stick with whole numbers.


also how did I funk up my EU or UY chart? I have prolems with top to bottom. My eu just missed its tp by a pip so I have to scrap it ;( my UY isn;t wrong.. yet

Sizz
  • #2,362
  • Jan 20, 2008 6:23pm Jan 20, 2008 6:23pm
Quoting sizzler
Skunny,

Different setting for different trades so you can calibrate the line to a desired outcome? Intereshtink. Berry intereshtink

Then wouldn;t you want to say pick XYZ type trades and look for line setting that work for that based on historical data for DIY'ers? also IYO do different tfs have different settings? It would seem so. I have just been looking at chart and seeing if I can find things. trying to stick with whole numbers.


also how did I funk up my EU or UY chart? I have prolems with top to bottom. My eu just missed its tp by a pip so I have to scrap it ;( my UY isn;t wrong.. yet

Sizz
Why did you bring up Gann projections? Worse yet, why did I put them on a chart? I gotta get some sleep, I'm making poor decisions.
Robonacci com
  • #2,363
  • Jan 20, 2008 6:24pm Jan 20, 2008 6:24pm
Quoting Skunny
I drew it on the daily chart but it also was a ext turn around point.
OK now you've got me REALLY interested...so you used the 138% ext as your high...but kept your low the same? Why didn't you move your low higher, to one of those lows around the 209.60 area? You will keep that low until it's breached? Sorry to pester you...
  • #2,364
  • Jan 20, 2008 6:26pm Jan 20, 2008 6:26pm
Quoting 24HourTrader
OK now you've got me REALLY interested...so you used the 138% ext as your high...but kept your low the same? Why didn't you move your low higher, to one of those lows around the 209.60 area? You will keep that low until it's breached? Sorry to pester you...
Too many questions go stand outside for 15 mn with out a jacket and you will have your answers
Robonacci com
  • #2,365
  • Jan 20, 2008 6:31pm Jan 20, 2008 6:31pm
I just spent 30 minutes outside fiddling with my car battery...though I was wearing a jacket so that doesn't count I guess...
  • #2,366
  • Jan 20, 2008 6:35pm Jan 20, 2008 6:35pm
Quoting 24HourTrader
OK now you've got me REALLY interested...so you used the 138% ext as your high...but kept your low the same? Why didn't you move your low higher, to one of those lows around the 209.60 area? You will keep that low until it's breached? Sorry to pester you...
Pipo posted a chart last Friday showing the ext completion. That isn't the only place for a fib move and completion it just happens to be the last.
Robonacci com
  • #2,367
  • Jan 20, 2008 6:36pm Jan 20, 2008 6:36pm
Quoting 24HourTrader
I just spent 30 minutes outside fiddling with my car battery...though I was wearing a jacket so that doesn't count I guess...
lol It's kinda cold isn't it?
Robonacci com
  • #2,368
  • Jan 20, 2008 6:55pm Jan 20, 2008 6:55pm
Quoting Skunny
Pipo posted a chart last Friday showing the ext completion. That isn't the only place for a fib move and completion it just happens to be the last.
I think I see..so if price breaks to the long side once again, breaking through our current high you will once again update the high, while our low remains intact...seems logical. For some reason I just had this idea that if you move the high the low must also be moved and vice versa...but now I see that doesn't have to be the case. Or rather, you can move both, but those will be smaller swings while our "master swing" keeps the low in this case.

So really at this point in time our fib is like a "work in progress", we are still unsure of where our ultimate high will be, but our ultimate low is known to us. This is just me ranting, feel free to ignore this everyone as I may be way off...

hehe cold as it is now I'm just glad it's gotten warmer from yesterday... I almost felt like I was in the tropics when I walked outside today
  • #2,369
  • Jan 20, 2008 7:18pm Jan 20, 2008 7:18pm
Quoting 24HourTrader
...This is just me ranting, feel free to ignore this everyone as I may be way off...
I don't think you are, although I think there is still a lot more to this than just updating our fib by moving it to where it's target was met. I tried this way originally and it didn't work out like I had expected, though that was several weeks ago when I understood much less. Since Skunny is making mention of Pipo's chart, perhaps he could kindly show us how he walked these fibs into their positions. I can't really tell by looking at his chart. Can anyone else?
The market is like the matrix - it is you that must learn to bend
  • #2,370
  • Jan 20, 2008 7:21pm Jan 20, 2008 7:21pm
Quoting Skunny
So somebody did read the thread......hmmm
This is like when Morpheus said "Do you think that's air you're breathing now? hmmmm"
"Support and Resistance either holds or it doesn't." -Anonymous hillbilly
  • #2,371
  • Jan 20, 2008 8:22pm Jan 20, 2008 8:22pm
Quoting Thexder
This is like when Morpheus said "Do you think that's air you're breathing now? hmmmm"

How's your wine inventory?
Robonacci com
  • #2,372
  • Jan 20, 2008 8:23pm Jan 20, 2008 8:23pm
Quoting Skunny
How's your wine inventory?
All out. So I may not be on top of things this session.
"Support and Resistance either holds or it doesn't." -Anonymous hillbilly
  • #2,373
  • Jan 20, 2008 8:27pm Jan 20, 2008 8:27pm
Here's my last GJ chart.
The 38 retracement clusterconfluences with the 38 retracement of the weekly and the 38 extension is pipequal to the low of last week.

A new risky monday trade...
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 22 KB
"The only successful substitute for brains is silence."
  • #2,374
  • Jan 20, 2008 8:40pm Jan 20, 2008 8:40pm
Hi DXTrade

clusterconfluences with the 38 retracement of the weekly and the 38 extension is pipequal

Now that's a mouthful!
Mom "To conquer fear is the beginning of wisdom." – Bertrand Russell
  • #2,375
  • Jan 20, 2008 8:56pm Jan 20, 2008 8:56pm
Quoting galaxymom
Hi DXTrade

clusterconfluences with the 38 retracement of the weekly and the 38 extension is pipequal

Now that's a mouthful!
Just trying to improve my english. Wasn't that english?
But I'm inventing words in my mother tongue as well, although I'm still light-years behind sizzler.

Suppose you got the idea anyway
"The only successful substitute for brains is silence."
  • #2,376
  • Jan 20, 2008 9:04pm Jan 20, 2008 9:04pm
overtime!
  • #2,377
  • Jan 20, 2008 9:31pm Jan 20, 2008 9:31pm
Quoting Skunny
Why did you bring up Gann projections? Worse yet, why did I put them on a chart? I gotta get some sleep, I'm making poor decisions.
Hehehe Skunny,

Yeah what where you thinking? hehe You are a trip. Sorry. I will keep it in my back pocket from here on. it is all good. That really helps how I attack the problem a lot.

I like to blame genetics and fermented grain for my poor decisions. However it IS a tad cart before the horse in the context of the thread, Mea Culpa

"run away, ruuun awayyyy " hehehe oh monty python still sweet.


BUT without asking anything specific since direct answers are meh..no fun. here is a good question IMO based on fibs:


What level of precision can we expect I am getting from pip perfect to plus minus 3-5 I am NOT using an amalgamation of 5 different feeds though. I am considering .5-1pips to be dead on. thinking about expanding a fuzzy tp to +/- 3 approx.

also the lowest tf I will Pull a fib on is 15 minute and trade a 5

Sizz
  • #2,378
  • Jan 20, 2008 10:09pm Jan 20, 2008 10:09pm
Quoting DXTrade
Here's my last GJ chart.
The 38 retracement clusterconfluences with the 38 retracement of the weekly and the 38 extension is pipequal to the low of last week.

A new risky monday trade...
Your bright blue fib is not valid until the mid range resistance levels are completed.
Robonacci com
  • #2,379
  • Jan 20, 2008 10:12pm Jan 20, 2008 10:12pm
Quoting Skunny
Your bright blue fib is not valid until the mid range resistance levels are completed.
Ain't it fun when da-man shows up and opens up the treasure door!
  • #2,380
  • Jan 20, 2008 10:25pm Jan 20, 2008 10:25pm
Quoting PiPr Pro
Ain't it fun when da-man shows up and opens up the treasure door!
Caught that one huh?
Robonacci com
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