Hi to all traders! 
1. I would like to thank Skunny & Bo for their teachings, thoughts and great ideas!
2. Also much thanks to some other fine traders - for their contribution to this thread! You know who you are
In my humble opinion:
3. Skunny has not tried to teach or hand over his trading system here! What he was trying to do is giving away ( to all readers ) "first" impulse to start thinking differently about market, candles and their relationship. So its complete nonsense to consider this thread "trading system" thread and same stands for "100/0 breakout skunny system".
3.1 Skunny DID say that it is possible to trade "almost"(human error) perfectly. I definitely agree!
3.2 Skunny DID NOT say that he is teaching a system in this thread.
3.3 Skunny DID mention a few basics of market movement / self-rules to enlighten us - our minds, NOT to say here is complete method of what I uncover.
Statement: I think that even if Skunny have handed over his findings - his work, we all would not been able to trade it at all so consistently like himself, because we would not have same attitude, state of mind, and evolution path of our thoughts to even reproduce his work on our own. FOR THIS WE ALL *MUST* GO THROUGH OUR OWN RESEARCH - based on our understanding of market & on Skunny priceless TIPS he gave us in the begining of this thread - AND DO IT WITHOUT GIVING UP UNTIL WE FEEL THAT SLIGHT SHIFT IN OUR MIND.
Then you will start to see charts differently, you will get rid of annoying indicators, and you will love to see clean chart with only candles and few lines on it.
4. My findings:
4.1 Ok, I agree that there are the capital tips from Skunny & others, but disagree with statement that "read the whole thread, all is there"...because it is NOT. I believe that the major work is on ourselfs - our mind - shift from what masses are teached on markets. I mean, if you want to learn and "decode" flow of the market the main part is not described here - and will not be, because every trader - human being develops differently and thinks differently etc.
Statement: So because of statement upwards & 4.1 there is no reason to wait here for nemesis, for final enlightening from someone - who will be willing to share his findings, because if you want to trade on your own, you will never do it consistently with other's systems. As I said just my 5 cents :-)
4.2 Skunny DID NOT said that FIBs and break of this FIBs is what he is talking about. This creates a little misconception directly from start. As Mr. Skunny said it is just one of TOOLS he uses to "decode" flow, and identify ranges. It is only tool, as a tool it is not meant to be traded alone! There is a lot to consider when you pull FIBs. It is like basic step in what may be called identifying market flow. So there is no possibility to figure out what Skunny teaches if you stick only with FIBing charts all the way down.
Statement: Instead try to concentrate on candles/patterns & S/R breach/hit to pip/ behaviour around those FIB levels ( S/Rs ), when you pull your FIBs take a look on higher TFs, look in history(few month) if some of those levels had significance (bounces / major breaks / breaches ), and study PA there ( study it on different TFs in those places ). After that if you identify that candles "talks" to those FIBs you pulled, identify direction, and look at what unfolds in front of you - look for hints market gave ( especially before major break, or before direction change. Do not trade it, just listen to market. It is error, from my point of view to trade it directly after you will have AHA moment ( and believe me, you will have a lot of these, and a lot of these are fake ones - as your mind is adjusting to your will to "decode" flow :-)) because if you take trade you are more concentrated on coins in your pocket than flow of market :-) and I am saying this from my own experience ( I lost a lot of money here :-)). PATIENCE is the KEY in this stage. Than soon you will start see some repeating actions, repeating patterns, repeating flow around certain levels inside/outside ranges, you will be adjusting FIBs a lot ( it is not bad to do mistakes - only bad is not to learn from them = thus adjusting FIBs is correct instead of sitting in front of chart cutting your hair when you try to understand why the hell PA & candles do not talk to your "100pct" pulled FIBs :-))) ...
I have two more things to say here:
a. S/Rs moves from time to time a bit, they do not reside on same spot ( consider it like market slight adjustment ) - what kicks them out of "minimum potencial energy" spot is strong momentum ( aka "impulse of kinetic energy" ) = these are often the times when something fundamentaly strong happens and creates short period of non - equilibrium ...
b. S/Rs exist all the time. Sure some of them are invalidated by market itself for some period of time, others emerge confirmed by PA of candles, but they do not "die" nor are they "born". S/Rs just ARE!
c. What goes up *MUST* go down and vice versa ( natures law, aka idiotic premise of some prestige analysts, who believe that markets must and will go upwards indefinitely - funny, does t it ? ). "Tools" will help you find reverse spots...
d. "All What is up is also all what is down." ( my favourite one :-) - from famous Emerald desk - by Hermes Trismegistos ) consider analogy to markets. It is clear what "up" & "down" means ...
e. Consider inner range S/rs FIBs as "slings" or better as "guitar strings", now everyone has its own tune (own potencial). That potencial is destined to "shoot out" rock. Outer S/rs are nets which catch the rock. Now apply d. consider other levels/candle talk and you certainly will start to understand what is going on here, what Mr. Skunny tried to learn us here.
Statement: I am not nearly on the beggining of what Mr. Skunny and others here uncover about market "flow". I do not claim, that I am right. I do not claim that this is exactly what Mr. Skunny has in mind. I do not claim that I am having holy grail ( I do not want one, hell, I just want to understand what I am looking on and trying to trade it :-). I do not claim that I am trading 100pct, but my trading success rate is greatly improved, and I hope will be improved. Because there seems to be good time to suck out some cash from top dirty bussiness corporations ( we all know who they are ) who constantly try to make poor poorer and themself richer through control of vast amount of resources and redistribute their enormous wealth to those who need it most - salute to Skunny for his charity foundation, and salute to others who help to man in need !
5. Just few comments to comments :-)
Capitalist
"I HAVE read through this entire thread and continue to monitor it. I agree with Pipo. There's no method here. Anytime someone comes onto this thread (as well as any other cryptic "kung fu" type thread) and asks for a basic one page explanation of the method, some kool-aid drinker responds with "read the thread, do the excercises, blah blah blah." That's bollocks. If someone can't explain the method without having to refer back to 270 pages of epic nonsense, then there is no method. There never was.
Don't bother to respond, because I already know the answer: "Read the thread. It's all in there. You just haven't searched enough. etc..." right? "[IMG]file:///C:/DOCUME%7E1/KAHLJ%7E1.LYS/LOCALS%7E1/Temp/msohtmlclip1/01/clip_image001.gif[/IMG]
Well, yea, there is no method here - nobody said it is ... Agree with you, that last couple dozens pages are nonsense, if epic I do not know :-)
And no, it is not in this thread, it completely is in your head !!!
Funske
"Jee is this a disappointment, again the holy grail turns out to be baken air."
Sorry for your failure along the traders way, hope you'll find something which suits you better.
"THat's a great example but I can give you even more examples which didn't hit target. "
If it does not reach the target you are either wrong in fibbing/pattern flow/recognition, or it is a reverse hint from market ...
" ...Because there isn't a setup which garantees your target of 1.38 to be hit. "
It is. Actually 1.38 ext is always hit ( within appropriate range ) - only if interfering range / "longer" range does not confirm possibilitz to move higher thus signaling future direction change.
"If this setup exists WHY NOBODY MENTIONED THAT HOLY SETUP ?"
What you mean "setup" ? There is no such silly things like holy setups, market does not need them :-) If you re lucky and identify rages correctly, you will see, that you do not need such things like "holy setup" - because you will see clearly where to enter and where is safe exit...
"Believe me you can watch the charts until your eyes fall of your head but it isn't there. If it would exist everybody would trade that setup. There isn't something like a hidden secret in trading. "
Well if you are saying this to your mind, then do not hope for miracle comming out of nowhere :-) really with this kind of attitude you possibly will not understand what markets have to say ...
Well thanks much for reading my thoughts, have a nice day, good luck with trading and everything you want to realize in your life and finaly sorry for my english - I am not native speaker :-) promise I will improve. GL !
l.
1. I would like to thank Skunny & Bo for their teachings, thoughts and great ideas!
2. Also much thanks to some other fine traders - for their contribution to this thread! You know who you are
In my humble opinion:
3. Skunny has not tried to teach or hand over his trading system here! What he was trying to do is giving away ( to all readers ) "first" impulse to start thinking differently about market, candles and their relationship. So its complete nonsense to consider this thread "trading system" thread and same stands for "100/0 breakout skunny system".
3.1 Skunny DID say that it is possible to trade "almost"(human error) perfectly. I definitely agree!
3.2 Skunny DID NOT say that he is teaching a system in this thread.
3.3 Skunny DID mention a few basics of market movement / self-rules to enlighten us - our minds, NOT to say here is complete method of what I uncover.
Statement: I think that even if Skunny have handed over his findings - his work, we all would not been able to trade it at all so consistently like himself, because we would not have same attitude, state of mind, and evolution path of our thoughts to even reproduce his work on our own. FOR THIS WE ALL *MUST* GO THROUGH OUR OWN RESEARCH - based on our understanding of market & on Skunny priceless TIPS he gave us in the begining of this thread - AND DO IT WITHOUT GIVING UP UNTIL WE FEEL THAT SLIGHT SHIFT IN OUR MIND.
Then you will start to see charts differently, you will get rid of annoying indicators, and you will love to see clean chart with only candles and few lines on it.
4. My findings:
4.1 Ok, I agree that there are the capital tips from Skunny & others, but disagree with statement that "read the whole thread, all is there"...because it is NOT. I believe that the major work is on ourselfs - our mind - shift from what masses are teached on markets. I mean, if you want to learn and "decode" flow of the market the main part is not described here - and will not be, because every trader - human being develops differently and thinks differently etc.
Statement: So because of statement upwards & 4.1 there is no reason to wait here for nemesis, for final enlightening from someone - who will be willing to share his findings, because if you want to trade on your own, you will never do it consistently with other's systems. As I said just my 5 cents :-)
4.2 Skunny DID NOT said that FIBs and break of this FIBs is what he is talking about. This creates a little misconception directly from start. As Mr. Skunny said it is just one of TOOLS he uses to "decode" flow, and identify ranges. It is only tool, as a tool it is not meant to be traded alone! There is a lot to consider when you pull FIBs. It is like basic step in what may be called identifying market flow. So there is no possibility to figure out what Skunny teaches if you stick only with FIBing charts all the way down.
Statement: Instead try to concentrate on candles/patterns & S/R breach/hit to pip/ behaviour around those FIB levels ( S/Rs ), when you pull your FIBs take a look on higher TFs, look in history(few month) if some of those levels had significance (bounces / major breaks / breaches ), and study PA there ( study it on different TFs in those places ). After that if you identify that candles "talks" to those FIBs you pulled, identify direction, and look at what unfolds in front of you - look for hints market gave ( especially before major break, or before direction change. Do not trade it, just listen to market. It is error, from my point of view to trade it directly after you will have AHA moment ( and believe me, you will have a lot of these, and a lot of these are fake ones - as your mind is adjusting to your will to "decode" flow :-)) because if you take trade you are more concentrated on coins in your pocket than flow of market :-) and I am saying this from my own experience ( I lost a lot of money here :-)). PATIENCE is the KEY in this stage. Than soon you will start see some repeating actions, repeating patterns, repeating flow around certain levels inside/outside ranges, you will be adjusting FIBs a lot ( it is not bad to do mistakes - only bad is not to learn from them = thus adjusting FIBs is correct instead of sitting in front of chart cutting your hair when you try to understand why the hell PA & candles do not talk to your "100pct" pulled FIBs :-))) ...
I have two more things to say here:
a. S/Rs moves from time to time a bit, they do not reside on same spot ( consider it like market slight adjustment ) - what kicks them out of "minimum potencial energy" spot is strong momentum ( aka "impulse of kinetic energy" ) = these are often the times when something fundamentaly strong happens and creates short period of non - equilibrium ...
b. S/Rs exist all the time. Sure some of them are invalidated by market itself for some period of time, others emerge confirmed by PA of candles, but they do not "die" nor are they "born". S/Rs just ARE!
c. What goes up *MUST* go down and vice versa ( natures law, aka idiotic premise of some prestige analysts, who believe that markets must and will go upwards indefinitely - funny, does t it ? ). "Tools" will help you find reverse spots...
d. "All What is up is also all what is down." ( my favourite one :-) - from famous Emerald desk - by Hermes Trismegistos ) consider analogy to markets. It is clear what "up" & "down" means ...
e. Consider inner range S/rs FIBs as "slings" or better as "guitar strings", now everyone has its own tune (own potencial). That potencial is destined to "shoot out" rock. Outer S/rs are nets which catch the rock. Now apply d. consider other levels/candle talk and you certainly will start to understand what is going on here, what Mr. Skunny tried to learn us here.
Statement: I am not nearly on the beggining of what Mr. Skunny and others here uncover about market "flow". I do not claim, that I am right. I do not claim that this is exactly what Mr. Skunny has in mind. I do not claim that I am having holy grail ( I do not want one, hell, I just want to understand what I am looking on and trying to trade it :-). I do not claim that I am trading 100pct, but my trading success rate is greatly improved, and I hope will be improved. Because there seems to be good time to suck out some cash from top dirty bussiness corporations ( we all know who they are ) who constantly try to make poor poorer and themself richer through control of vast amount of resources and redistribute their enormous wealth to those who need it most - salute to Skunny for his charity foundation, and salute to others who help to man in need !
5. Just few comments to comments :-)
Capitalist
"I HAVE read through this entire thread and continue to monitor it. I agree with Pipo. There's no method here. Anytime someone comes onto this thread (as well as any other cryptic "kung fu" type thread) and asks for a basic one page explanation of the method, some kool-aid drinker responds with "read the thread, do the excercises, blah blah blah." That's bollocks. If someone can't explain the method without having to refer back to 270 pages of epic nonsense, then there is no method. There never was.
Don't bother to respond, because I already know the answer: "Read the thread. It's all in there. You just haven't searched enough. etc..." right? "[IMG]file:///C:/DOCUME%7E1/KAHLJ%7E1.LYS/LOCALS%7E1/Temp/msohtmlclip1/01/clip_image001.gif[/IMG]
Well, yea, there is no method here - nobody said it is ... Agree with you, that last couple dozens pages are nonsense, if epic I do not know :-)
And no, it is not in this thread, it completely is in your head !!!
Funske
"Jee is this a disappointment, again the holy grail turns out to be baken air."
Sorry for your failure along the traders way, hope you'll find something which suits you better.
"THat's a great example but I can give you even more examples which didn't hit target. "
If it does not reach the target you are either wrong in fibbing/pattern flow/recognition, or it is a reverse hint from market ...
" ...Because there isn't a setup which garantees your target of 1.38 to be hit. "
It is. Actually 1.38 ext is always hit ( within appropriate range ) - only if interfering range / "longer" range does not confirm possibilitz to move higher thus signaling future direction change.
"If this setup exists WHY NOBODY MENTIONED THAT HOLY SETUP ?"
What you mean "setup" ? There is no such silly things like holy setups, market does not need them :-) If you re lucky and identify rages correctly, you will see, that you do not need such things like "holy setup" - because you will see clearly where to enter and where is safe exit...
"Believe me you can watch the charts until your eyes fall of your head but it isn't there. If it would exist everybody would trade that setup. There isn't something like a hidden secret in trading. "
Well if you are saying this to your mind, then do not hope for miracle comming out of nowhere :-) really with this kind of attitude you possibly will not understand what markets have to say ...
Well thanks much for reading my thoughts, have a nice day, good luck with trading and everything you want to realize in your life and finaly sorry for my english - I am not native speaker :-) promise I will improve. GL !
l.
