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Indicator Free Trading - Skunny

  • #3,481
  • Feb 8, 2008 3:48am Feb 8, 2008 3:48am
Take care of your karma Dagoods.

Help and not criticize noobs !
  • #3,482
  • Feb 8, 2008 3:49am Feb 8, 2008 3:49am
Just a word of Caution! I notice some of you when you are saving your charts are saving your workspace instead of the chart. I believe most platforms have "Save as Picture" option in the menu. I have a concern that there are people in this world who could possibly use your demo account number to access other information. I may be wrong, but better safe than sorry.
Mom "To conquer fear is the beginning of wisdom." – Bertrand Russell
  • #3,483
  • Feb 8, 2008 3:51am Feb 8, 2008 3:51am
Quoting crashout
I read the thread and it's the I-FIB i think, but i can't find anywhere ?

You have modified your fibos or what ?

Thanks
The I-fib is Islanders creation (I think he's in negotiation for Trademark rights, and a movie)

"AL" alert line, on the 24 and 76 fibs, "DZ" decision zone, on the 62 and 38.
trading naked.......
  • #3,484
  • Feb 8, 2008 3:57am Feb 8, 2008 3:57am
Quoting crashout
Take care of your karma Dagoods.

Help and not criticize noobs !

OK YOU ARE CORRECT. THANK YOU FOR REMINDING ME... HERE IS MY ADVICE TO YOU.... I MEAN THIS WITH ALL SINCERITY AND GOOD KHARMA.... READ THE THREAD... IT WILL BE THE BEST THING YOU CAN DO FOR YOUSELF IF YOU PLAN ON TRADING FOREX. THIS IS THE BEST TRADING METHODOLOGY EVER IMO..... BUT ITS NOT AN EASY JOURNEY IT TAKES A LOT OF EFFORT BUT ITS ALL WORTH IT.....

IF YOU WANT A SHORTCUT YOU CAN START BY DOING A SEARCH OF THE THREAD UP AT THE TOP SEARCH FOR "SKUNNY POSTS PDF" THERE IS A SUMMARY THAT CONTAINS SOME OF SKUNNYS KEY POSTS AND IS A GOOD PLACE TO START...ALTHOUGH YOU PROBABLY WILL HAVE TO READ IT ALL... POST HERE WHEN YOU HAVE READ IT AND YOU HAVE QUESTIONS

ENJOY YOUR JOURNEY!!!!
  • #3,485
  • Feb 8, 2008 3:58am Feb 8, 2008 3:58am
My First 100 Pips Trade,from this Gann Technic.
Best Regards
  • #3,486
  • Feb 8, 2008 4:08am Feb 8, 2008 4:08am
[quote=crashout;1841644]Take care of your karma Dagoods.

Help and not criticize noobs ![/quote

Its difficult not to criticize when you say that you've read the thread and yet have missed the dozens of posts about the journey of discovery that the regulars here are making - these include the IFib ideas.

Its in your best interest to do your homework.....http://www.forexfactory.com/images/icons/icon7.gif
Trading Levels with WRBs
  • #3,487
  • Feb 8, 2008 4:08am Feb 8, 2008 4:08am
I saved my chart with the indi on it as the vHands template and let vHands run...
That is better then "Die Hard 16"

price is jumping from DZ to S1... back to pivot... up to R1... 1382 ext of daily... back to R1... dojis stopping sharp on gann lines...pretty unbelievable.
"The only successful substitute for brains is silence."
  • #3,488
  • Feb 8, 2008 4:10am Feb 8, 2008 4:10am
[quote=Islander;1841686]
Quoting crashout
Take care of your karma Dagoods.

Help and not criticize noobs ![/quote

Its difficult not to criticize when you say that you've read the thread and yet have missed the dozens of posts about the journey of discovery that the regulars here are making - these include the IFib ideas.

Its in your best interest to do your homework.....http://www.forexfactory.com/images/icons/icon7.gif
Excuse me all, just mean i "fly over the thread", between trading, drinking, eating, chatting, etc.

Accept all my appologies and thanksfullness.

Wish you all the best.
  • #3,489
  • Feb 8, 2008 4:11am Feb 8, 2008 4:11am
Quoting DXTrade
I saved my chart with the indi on it as the vHands template and let vHands run...
That is better then "Die Hard 16"

price is jumping from DZ to S1... back to pivot... up to R1... 1382 ext of daily... back to R1... dojis stopping sharp on gann lines...pretty unbelievable.

  • #3,490
  • Feb 8, 2008 4:11am Feb 8, 2008 4:11am
Quoting DXTrade
I saved my chart with the indi on it as the vHands template and let vHands run...
That is better then "Die Hard 16"

price is jumping from DZ to S1... back to pivot... up to R1... 1382 ext of daily... back to R1... dojis stopping sharp on gann lines...pretty unbelievable.
Wow! DXmasterfibbercoderguy! Cool!
Mom "To conquer fear is the beginning of wisdom." – Bertrand Russell
  • #3,491
  • Feb 8, 2008 4:13am Feb 8, 2008 4:13am
Quoting piphitman
The I-fib is Islanders creation (I think he's in negotiation for Trademark rights, and a movie)

"AL" alert line, on the 24 and 76 fibs, "DZ" decision zone, on the 62 and 38.

LOL Pip and Dagoods - guess none of us can stand shirkers!

Trademark - now there's an idea - but I guess that I'd have to share the proceeds with Sizz for the name and Skunny and Bo for the inspiration!

PS Pip - pls check your PM
Trading Levels with WRBs
  • #3,492
  • Feb 8, 2008 4:14am Feb 8, 2008 4:14am
PiprPro,

So sorry for your loss, our condolences and prayers are with you and your loved ones.
Mom "To conquer fear is the beginning of wisdom." – Bertrand Russell
  • #3,493
  • Edited 4:56am Feb 8, 2008 4:15am | Edited 4:56am
Quoting Islander
LOL Pip and Dagoods - guess none of us can stand shirkers!

Trademark - now there's an idea - but I guess that I'd have to share the proceeds with Sizz for the name and Skunny and Bo for the inspiration!

PS Pip - pls check your PM

ACTUALLY ISLANDER I PERSONALLY WOULD LIKE A COPY OF YOUR TEMPLATE.... IF U DONT MIND

or i can just add the al and dz names myself.... no worries ... up to u
  • #3,494
  • Feb 8, 2008 4:59am Feb 8, 2008 4:59am
Quoting dagoods
ACTUALLY ISLANDER I PERSONALLY WOULD LIKE A COPY OF YOUR TEMPLATE.... IF U DONT MIND

or i can just add the al and dz names myself.... no worries ... up to u
I've never bothered to make a template - I've just chaged my fib and keep walking it forward.....I'll save one when I get a moment - busy right now...
Trading Levels with WRBs
  • #3,495
  • Feb 8, 2008 5:31am Feb 8, 2008 5:31am
Quoting PiPr Pro
Sudden death in family - back few days

My condolenses to you and your family, Pipr.

LL
  • #3,496
  • Feb 8, 2008 5:59am Feb 8, 2008 5:59am
Can any of you guys tell me what went wrong here?

Chears

PS. Thanks SpaceMama, the charts look better like this aswell!
Attached Image (click to enlarge)
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  • #3,497
  • Feb 8, 2008 6:07am Feb 8, 2008 6:07am
Quoting LoLoAC
Can any of you guys tell me what went wrong here?

Chears

PS. Thanks SpaceMama, the charts look better like this aswell!
My first question is did you draw your daily fib based on Yesterday's H/L?
Mom "To conquer fear is the beginning of wisdom." – Bertrand Russell
  • #3,498
  • Edited 6:31am Feb 8, 2008 6:17am | Edited 6:31am
Not quite from yesterdays high, I considered this point more suitable.
Do you think maby the reason is that I was trading in to the 62.8 fib on the chart? That would explaine it I suppose..
Attached Image (click to enlarge)
Click to Enlarge Name: prblem.gif Size: 18 KB
  • #3,499
  • Feb 8, 2008 6:32am Feb 8, 2008 6:32am
Quoting LoLoAC
Not quite from yesterdays high, I considered this point more suitable.
Do you think maby the reason is that I was trading in to the 62.8 fib on the chart? That would explaine it I suppose..
LLAC,

Maybe but isn't that kind of "iffy" as a reason? This may or may not help you but if I have a fib fail nowadays I do this ( all what Skunny said in the beginning and only recently make a lot of sense) I also do these so it isn;t party line nonsense they work and I stand by them. After a time you will be able to "see" right and wrong fibs.

You look to be pursuing Skunny fibs so this is IMO the trblshting chklst

1.) Check backwards to make sure I am not in the middle of a previous fib
2.) Check a lower timeframe
3.) Am I in some crazy world event?
4.) I guess check higher time frame but I don;t really see this as a biggie anymore if your chart is tight top down.
5.) check a few platforms to make sure my data is tight.
6.) was there really a fib on my tf or did I push one there?


All of these should be done pre flight though. IMHO you cannot just draw a fib on a swing and have it work and if your fib fails you failed not the fib.

Sizz
  • #3,500
  • Feb 8, 2008 6:51am Feb 8, 2008 6:51am
Quoting LoLoAC
Can any of you guys tell me what went wrong here?

Chears

PS. Thanks SpaceMama, the charts look better like this aswell!


If you're just starting out with this, I wouldn't go lower than 1 hour charts. Experiment on the weekly, daily and hourly. The lower the timeframe, the more noise you have to deal with
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