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Indicator Free Trading - Skunny

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  • Post #3,141
  • Quote
  • Feb 4, 2008 12:26pm Feb 4, 2008 12:26pm
  •  hharrington
  • Joined Oct 2007 | Status: Member | 589 Posts
Brunite,

I have just one word ABSOLUTELY..
 
 
  • Post #3,142
  • Quote
  • Feb 4, 2008 1:00pm Feb 4, 2008 1:00pm
  •  sizzler
  • | Joined Dec 2007 | Status: Member | 392 Posts
Quoting Brunite
Disliked
HH,




Old Buddhist proverb:
“When the student is ready, the teacher will appear”



Today....I bagged 46 pips.....batted 100%....multiple trades......mucho-low risk......and have come up with a pretty consistent "$ per/hr" that I think I can maintain using this tool. This is good enough to get me where I want to go with trading. With consistency, MM, discipline and increasing lot sizes.....my trip is mapped out.

For what it's worth:

1) KISS (like G-mom reminds us)
2) Re-read every Skunny post.
3) Dwell on every Skunny chart.
4) Think a little outside the box.
5) Figure out a way to use the "BAT" that works for you.
5) It's all good!

Anyway....enough rambling from me. Everything said IMHO...
Ignored
GREAT POST BRUNITE!!! GREAT POST!!!! I LOVE IT

Nice work on the trading !!take what you need and leave the rest KISS. Awesome. We are a hetereogenous bunch as someone put it all coming from different places and styles and wahtever. A rough task for anyone to teach so sticking to the basics seems best and letting everyone develop from there. IF you walked in un profitable, walk out profitable , if you walked in profitable, walk out more profitabler?..??.. my brain dying... need... something..

Anyone want a nice little frilly feel good butterfly analogy? Falling down picking yourself back up and hitting a home run? No? me neither. BLT yes frilly? no.

I pray for the souls of anyone who is on my path. Here is a snapshot into my afternoon chart.... my face is pressed on teh glass at 1M ......LOL


Sizz
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  • Post #3,143
  • Quote
  • Edited 1:41pm Feb 4, 2008 1:06pm | Edited 1:41pm
  •  dagoods
  • Joined Nov 2007 | Status: Member | 3,046 Posts
Quoting sizzler
Disliked
GREAT POST BRUNITE!!! GREAT POST!!!! I LOVE IT

Nice work on the trading !!take what you need and leave the rest KISS. Awesome. We are a hetereogenous bunch as someone put it all coming from different places and styles and wahtever. A rough task for anyone to teach so sticking to the basics seems best and letting everyone develop from there. IF you walked in un profitable, walk out profitable , if you walked in profitable, walk out more profitabler?..??.. my brain dying... need... something..

Anyone want a nice little frilly feel good butterfly analogy? Falling down picking yourself back up and hitting a home run? No? me neither. BLT yes frilly? no.

I pray for the souls of anyone who is on my path. Here is a snapshot into my afternoon chart.... my face is pressed on teh glass at 1M ......LOL


Sizz
Ignored

hey bud...was wondering y u didnt choose this here ala lowell style?


and i threw in some others as well just for pips and giggles.... oh and i changed black to red and added a gann/tredline for aextra fun....t2 acheived right on time i'd say ....hmmmmmmmmmmmmmmm

lowell u rule bro!!!!!
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  • Post #3,144
  • Quote
  • Feb 4, 2008 1:29pm Feb 4, 2008 1:29pm
  •  sizzler
  • | Joined Dec 2007 | Status: Member | 392 Posts
Quoting dagoods
Disliked
hey bud...was wondering y u didnt choose this here ala lowell style?
Ignored
What? Is Lowell holding out on me? I will get HIM!!!!! He said it would be Sizzlowell or Lowezzler style!!! I want my money back!!!! and my Llama!! j/k

Actually as far as I know our charts our the same we are trading together right now ,but that would explain why I am down 210 pips and Lowell is Up 210 pips today!!!!!

LOWELLLLLLLLLLLLLL!!!!!! LOL.

Kidding
I am punching out around End of NY maybe around 3 est if the market is dead I will check it out then. also hopefully my email cleared up that confusion. sorry I am a dingbat. thankfully you knew that already.

Sizz.
 
 
  • Post #3,145
  • Quote
  • Feb 4, 2008 1:43pm Feb 4, 2008 1:43pm
  •  dagoods
  • Joined Nov 2007 | Status: Member | 3,046 Posts
Quoting sizzler
Disliked
GREAT POST BRUNITE!!! GREAT POST!!!! I LOVE IT

Nice work on the trading !!take what you need and leave the rest KISS. Awesome. We are a hetereogenous bunch as someone put it all coming from different places and styles and wahtever. A rough task for anyone to teach so sticking to the basics seems best and letting everyone develop from there. IF you walked in un profitable, walk out profitable , if you walked in profitable, walk out more profitabler?..??.. my brain dying... need... something..

Anyone want a nice little frilly feel good butterfly analogy? Falling down picking yourself back up and hitting a home run? No? me neither. BLT yes frilly? no.

I pray for the souls of anyone who is on my path. Here is a snapshot into my afternoon chart.... my face is pressed on teh glass at 1M ......LOL


Sizz
Ignored
thanks sizz maybe i misinterpreted the lowell quail lol.... will try the sizzlowellsupadupaquailerificstyle
 
 
  • Post #3,146
  • Quote
  • Edited 2:21pm Feb 4, 2008 2:08pm | Edited 2:21pm
  •  Islander
  • Joined Jan 2007 | Status: Member | 11,776 Posts | Online Now
Quoting dagoods
Disliked
i'm still tuck on lowells post about 38 and 61 see if u all like this.... love to get some comments and fellow testers


ps there is defintiely a quailt there...just cant seem to bag it


need a lil help here
Ignored
For me, I'd drop down to the 15 min chart and then trade some of those internal - on your chart - moves. With so many fibs on the chart its a tad difficult to work out what your trying to say.....http://www.forexfactory.com/images/icons/icon5.gif.....http://www.forexfactory.com/images/icons/icon7.gif

Edit: PS - your 1m chart lines up with what I posted earlier off my 5m....quess we're gettting closer to MQ territory....
Trading Levels with WRBs & Aggressive, Volatile Volume
 
 
  • Post #3,147
  • Quote
  • Edited 2:38pm Feb 4, 2008 2:20pm | Edited 2:38pm
  •  sizzler
  • | Joined Dec 2007 | Status: Member | 392 Posts
Quoting dagoods
Disliked
thanks sizz maybe i misinterpreted the lowell quail lol.... will try the sizzlowellsupadupaquailerificstyle
Ignored

Haha this is all lowell fibs brohambone. I mean I wear velcro shoes for the love of pete and wear a hello kitty testing helmet.

I think next on Lowell's to do list are:

Reinvent a better wheel
Cure Cancer
world peace

I am just beatboxing in the background doing some soft shoe. if you know what I mean.

If you do please, tell me beause I have no clue. it just sounded good. Of course so did going on Tour With John Denver "shudder'
Sizz.

EDIT dagoods fib out on GY 211.73 to 210.34 on 1H the go to 15M don;t you feel good about that guy IMO? I have been stuck in that darn range all day long. At least it isn't the slow "heck" of some other pair.
 
 
  • Post #3,148
  • Quote
  • Edited 2:31pm Feb 4, 2008 2:22pm | Edited 2:31pm
  •  dagoods
  • Joined Nov 2007 | Status: Member | 3,046 Posts
Quoting Islander
Disliked
For me, I'd drop down to the 15 min chart and then trade some of those internal - on your chart - moves. With so many fibs on the chart its a tad difficult to work out what your trying to say.....http://www.forexfactory.com/images/icons/icon5.gif.....http://www.forexfactory.com/images/icons/icon7.gif
Ignored

can u see it now? ican't see a thing...can u see it now ...I can't see a thing.... can u see it now..... i cant see a thing lol

how many are old enough to remember that cartoon? lol

try this islander...see what u think...of course its just another untested theory for now....but 3 for 3 so far....


oops ignore that green experiment fib on chart one sorry....

see chart 2
ps yellow may not work out as we approaching swing 1 bottom danger area.... lets see
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  • Post #3,149
  • Quote
  • Feb 4, 2008 2:24pm Feb 4, 2008 2:24pm
  •  Islander
  • Joined Jan 2007 | Status: Member | 11,776 Posts | Online Now
Quoting Brunite
Disliked
HH,




Old Buddhist proverb:
“When the student is ready, the teacher will appear”



Gang....HH sees what I see (I think). I saw it a while ago but thought there must be more. I talked about what I was doing but with all the ideas and charts and posts.....I kept looking for the next secret.....the next level. I think we all were sitting around waiting for Skunny to do more than he ever said he would.

Read Galaxymom's last post. Read what HH just said.

DXtrade (and all of us who share his feelings)....consider:

Skunny walked onto a baseball diamond and saw us all trying to hit the ball. Some were using brooms....some using shovels.....some using fishing poles. Some of us were trying to kick the ball......some to throw it....some roll it....some using golf clubs. We were all frustrated.

In walks Skunny. He shows us a bat. WOW!

Then....he tosses the ball in the air and hits it into the outfield. Hits one on the ground past third. Then....he gives us all bats of our own and says; "That's a bat.....it hits balls far......it always works when you connect.....now practice".

Man.....! Even if he never came back.....we are all way beyond golf clubs and fishing poles now.

I honestly believe Skunny has really given us all we need to know to become successful at trading.....enough to turn it into our profession given enough time. I can't ask (or expect) more than that.

Back to baseball....

He may not give us batting lessons; but, with the introduction of the bat and a few demonstrations.....we all have enough to go and pratice and learn with. Some will become single hitters....some home-runs.....some will bunt. But.....all can be successful in a way that works for them using the same tool in a way that works for them!

Perfection is nice but 98%....95%....89%......heck they all beat 50/50 coin tossing or blindly following some lagging indicator.

Skunny told us he was not going to tell us everything. He was not going to hold our hands. He was not going to tell us how HE trades. And.....you know......why should he! He spent years to learn what he has found. What he has graciously shown so far is plenty to start with.....I may never get the Gann stuff.....no problemo......what exists in the posts so far is enough if need be.

Furthermore.....I don't think Skunny wants THE answer on how to trade this laid out on page 250, page 500, or post 4000. Why?.....

1) As he said (and some have agreed).....self discovery is most important here....you can't really learn or understand this if you don't do it. He is teaching us to fish....not giving us fish.

2) Skunny spent years on this. Some of us have spent a couple months.....some (like Sizz) have spent day and night. Why should someone who walks in without "putting in some time learning and helping out others" be given the "keys to the kingdom". Let's not forget.....the markets are not fair.....it is a battlefield out there.....let no one be deceived about how easy this easy by having it given out on a silver spoon. (sorry if this sounds too harsh)

3) Most importantly.....we are all going to develop our own spin to this. We have been given a tool (bat). There is no right or wrong way to use it. Find out what works for you. Long term, intermediate, scalp, filter your indicator system.......all can work nicely.

In all honesty....I've gone back to what worked for me using this. I got too caught up in what everyone else was doing.....too many different roads to follow (which....is the way it should be).

I'm going back to using this tool to fine tune a method of use that fits my time schedule, my available funds, my risk tolerance, etc. What I do may not work for anyone else but that's OK.

Today....I bagged 46 pips.....batted 100%....multiple trades......mucho-low risk......and have come up with a pretty consistent "$ per/hr" that I think I can maintain using this tool. This is good enough to get me where I want to go with trading. With consistency, MM, discipline and increasing lot sizes.....my trip is mapped out.

For what it's worth:

1) KISS (like G-mom reminds us)
2) Re-read every Skunny post.
3) Dwell on every Skunny chart.
4) Think a little outside the box.
5) Figure out a way to use the "BAT" that works for you.
5) It's all good!

Anyway....enough rambling from me. Everything said IMHO...
Ignored

Excellent, erudite post.....as for the Gann, that's icing on the cake IF we ever crack it with consistency.....http://www.forexfactory.com/images/icons/icon12.gif
Trading Levels with WRBs & Aggressive, Volatile Volume
 
 
  • Post #3,150
  • Quote
  • Feb 4, 2008 2:48pm Feb 4, 2008 2:48pm
  •  lowell
  • | Joined Dec 2006 | Status: Baby Pip! | 229 Posts
Quoting sizzler
Disliked
What? Is Lowell holding out on me? I will get HIM!!!!! He said it would be Sizzlowell or Lowezzler style!!! I want my money back!!!! and my Llama!! j/k

Actually as far as I know our charts our the same we are trading together right now ,but that would explain why I am down 210 pips and Lowell is Up 210 pips today!!!!!

LOWELLLLLLLLLLLLLL!!!!!! LOL.

Kidding
I am punching out around End of NY maybe around 3 est if the market is dead I will check it out then. also hopefully my email cleared up that confusion. sorry I am a dingbat. thankfully you knew that already.

Sizz.
Ignored

Holding out on ya fo' sho'!!!!
 
 
  • Post #3,151
  • Quote
  • Feb 4, 2008 2:50pm Feb 4, 2008 2:50pm
  •  dagoods
  • Joined Nov 2007 | Status: Member | 3,046 Posts
last one... the yellow made its target a bit early ah well... lol

dear lowell and sizz u guys so rule!!!!! great job guys!


(ps black is lowell/sizzle style....is this how skunny does it? i wonder...


the other is my testing


ignore the the green parellel lines they are simply td magnet price lines...

a discusion for a different thread altogether.... many thanks to islander pipr, sizz lowell galaxymom, dx and all u others u all know who u r! i am learning!!! thanks to e1 on this thread and especially Robanacci!
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  • Post #3,152
  • Quote
  • Feb 4, 2008 2:55pm Feb 4, 2008 2:55pm
  •  piphitman
  • | Joined Oct 2007 | Status: Member | 439 Posts
Brunite,

Excellent post, Thanks.
trading naked.......
 
 
  • Post #3,153
  • Quote
  • Feb 4, 2008 3:00pm Feb 4, 2008 3:00pm
  •  lowell
  • | Joined Dec 2006 | Status: Baby Pip! | 229 Posts
Well stated Brunite!

Thanks again for the Bat, Skunny!
 
 
  • Post #3,154
  • Quote
  • Feb 4, 2008 3:03pm Feb 4, 2008 3:03pm
  •  seb123
  • | Joined Oct 2007 | Status: Member | 70 Posts
Hi all, I just wanted to share some observations of mine. Its still a work in progress but its all making sense and allowing me to tie up loose-ends. Of course I may be off base here so you'll have to test things for yourselves. Ok, firstly, I have become a fan of the concept of cycles and their direction. I now actively seek out the current cycle in each TF. It seems to me that in any TF, the price will be moving substantially in the direction of its current cycle, with occasional retracements. This will continue until the cycle ends and the cycle reverses. I believe now that as each TF has its own cycle, its perfectly possible (probable), that while the H1 TF is up, the M15 could be changing several times. Again its now my belief that we should be only trading in the direction of the current cycle for that specific TF. But having said that, it also means that we could be trading long on H1 and short on M15, etc. Observed it, done it, still checking it. What can I say? I think Skunny alluded to this a long time ago.
I hope you find this as interesting as I do. It has certainly helped me to understand where I am in the flow of things.
 
 
  • Post #3,155
  • Quote
  • Feb 4, 2008 3:03pm Feb 4, 2008 3:03pm
  •  sizzler
  • | Joined Dec 2007 | Status: Member | 392 Posts
Quoting lowell
Disliked
Well stated Brunite!

Thanks again for the Bat, Skunny!
Ignored
I am going to use my Skunny bat on YOU if you keep holding out Lowell ( if that is your real name) too bad mine is a whiffleball bat prepare for the WELTING!!! also make sure to feed the LLama. She gets all spitty if she doesn;t get her ham.


Sizz.
 
 
  • Post #3,156
  • Quote
  • Feb 4, 2008 3:12pm Feb 4, 2008 3:12pm
  •  galaxymom
  • | Joined Oct 2007 | Status: A fearless gal from Texas | 280 Posts
Great baseball analogy Brunite. Here in lies the conundrum, we have T-Ballers to Professionals, and one head coach. How does he keep the Pro involved and feeling his career is advancing, while watching the Colt Leaguer to correct any bad habits he may be forming, all while keeping the T-Baller learning how to set his stance at the plate where he can put the ball into left field where the outfielder is always too busy playing with the grass.

The fact is, beyond the T-ballers, there is one thing that the Little Leaguer through the Professional must master, and that comes only with practice, practice, practice, seeing the ball approach the strike zone and knowing how to put that bat in the right place to catch those sliders that catch the corners with the right angle of the bat to send the ball into the outfield beyond the short stop, between and to shallow or too far for the outfields to shag it for a stand-up double and 2 runs batted in.

Every batter, regardless of skill level must take the time to make his own strike zone poster, draw the balls, and set up the training area with the mirror, and then focus on each of those balls and swing, swing, swing, until it becomes second nature for every position in the strike zone and he knows which balls not to chase.

This is the fib world, learning which are in the strike zone, and drawing, drawing, drawing, which equals retrading, retrading, retrading. No matter how far advanced the Pro is he never stops batting practice.

And yet for some, it will be more like the little boy in the Kenny Rogers' song, "the ball goes, the ball goes down, he swings the bat all the way around, and the ball falls to the ground....strike three....I didn't know I could pitch like that!"

Oh, I need some sleep!

to the point, I hope! find what works for you, some will see every little fib, others will only see the larger ones, the bunt specialists and the home run kings, but all can be successful.

Again KISS
RETRADE, RETRADE, RETRADE!
Let your talent come out and develop it, and don't try to be someone else.
Listen to the coach! and well, to quote my Hubby, BE GOOD, GET BETTER, BE THE BEST!

omggsa! Good Night!
Mom "To conquer fear is the beginning of wisdom." – Bertrand Russell
 
 
  • Post #3,157
  • Quote
  • Feb 4, 2008 3:20pm Feb 4, 2008 3:20pm
  •  forexnovice
  • | Joined Nov 2006 | Status: Seeking Light | 1,059 Posts
Excellent Post Brunite, Galaxymom
 
 
  • Post #3,158
  • Quote
  • Feb 4, 2008 3:38pm Feb 4, 2008 3:38pm
  •  dagoods
  • Joined Nov 2007 | Status: Member | 3,046 Posts
n response to your edit...

"EDIT dagoods fib out on GY 211.73 to 210.34 on 1H the go to 15M don;t you feel good about that guy IMO?"

yup




my lil pet fibbles.... I love them all lol..... unless they turn into gremlins...which happens ocassionally

but less so with the lowell style kung fu at least so far
 
 
  • Post #3,159
  • Quote
  • Feb 4, 2008 5:21pm Feb 4, 2008 5:21pm
  •  SteveHopwood
  • | Commercial Member | Joined Apr 2007 | 8,331 Posts
Brunite says it for me, too.

My journey through all this is far from over, but it confirms that I was on the right track when I started looking at fibs a few weeks ago.

I have arrived at my own trading 'system' as a result of this journey. It needs testing; it will be refined further.

Of course, if Skunny posts further hints, I shall work on them. I shall try to take on board further insights provided here. I am not a complete idiot, or arrogant enough to think I now have all the answers.

I do have one helluva lot more than I did a month ago.


 
 
  • Post #3,160
  • Quote
  • Feb 4, 2008 5:46pm Feb 4, 2008 5:46pm
  •  dagoods
  • Joined Nov 2007 | Status: Member | 3,046 Posts
Quoting SteveHopwood
Disliked
Brunite says it for me, too.

My journey through all this is far from over, but it confirms that I was on the right track when I started looking at fibs a few weeks ago.

I have arrived at my own trading 'system' as a result of this journey. It needs testing; it will be refined further.

Of course, if Skunny posts further hints, I shall work on them. I shall try to take on board further insights provided here. I am not a complete idiot, or arrogant enough to think I now have all the answers.

I do have one helluva lot more than I did a month ago.


Ignored
amen.... i think we all agree
 
 
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