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Indicator Free Trading - Skunny

  • #7,361
  • Oct 7, 2011 1:53am Oct 7, 2011 1:53am
Quoting Checkz
Anybody trading skunny fibs successfully?
Yes, but Skunny fibs alone (as presented here) is only 1% of "what is".

How do you get the other 99% ? NOT by joining tradefibs, but by doing this below:

You pull 99 more fibs 100 different ways. When your fingers are numb and bleeding and you've banged your head 99 times and almost given up another 99 times - you will then have the other 99%.

If your fib targets (from MULTIPLE fibs) don't match within a fraction of a pip, your trade was pure luck or you were only trading from the 1% of what is. This I promise you.

I don't care what anyone says or thinks in regards to pulling fibs. What I said above stands accurate and true. Falsehood comes in many forms, but truth .... there can be only one.

I'm off to Singapore and then to Malaysia for 4 weeks ... so in-case something goes wrong and I never return - there you go.

It took me 3 years of pulling fibs 14 hours EVERY DAY (no joke!!) before I became semi-successful, followed by 2 more years and a very long break away from fibs to get the other 99%. It will be no different for anyone here or anywhere else - no matter how analytical you are or what software you hold for analyzing trades and chart data. Sorry to those that are disappointed by this statement, but there is nothing to gain and only false statements if I were to say something different.

Good luck to all and best wishes.
The market is like the matrix - it is you that must learn to bend
  • #7,362
  • Edited 5:57am Oct 7, 2011 4:17am | Edited 5:57am
Thanks grid, I know where you're coming from lol.

Enjoy your break and watch out for the ladyboys, they're the ones with the big hands and Adams apples if you're not sure.

MD.
Keep smiling
  • #7,363
  • Oct 7, 2011 5:02am Oct 7, 2011 5:02am
Thank you Grid, very well said.

Quoting GridTrader
Yes, but Skunny fibs alone (as presented here) is only 1% of "what is".

How do you get the other 99% ?


IMO Skunnys goal was too start us on a journey.... where you end up..... only you can decide.

When you think you have arrived..... you have only just begun!


Egg



PS... MrD you seem very knowledgeable (big word, eh?) about these ladyboys
  • #7,364
  • Oct 7, 2011 6:03am Oct 7, 2011 6:03am
Quoting Eggster
Thank you Grid, very well said.





IMO Skunnys goal was too start us on a journey.... where you end up..... only you can decide.

When you think you have arrived..... you have only just begun!


Egg



PS... MrD you seem very knowledgeable (big word, eh?) about these ladyboys
Well Eggy the furthest East I've been is Cyprus but I know a few people with big hands. Does that count?

MD.
Keep smiling
  • #7,365
  • Oct 7, 2011 6:10am Oct 7, 2011 6:10am
Quoting Misterdaz
Does that count?

MD.

It only counts, if you believe it counts.
  • #7,366
  • Oct 7, 2011 8:21am Oct 7, 2011 8:21am
I believe you have big hands don't you Egg?

MD.
Keep smiling
  • #7,367
  • Edited 10:20am Oct 10, 2011 4:33am | Edited 10:20am
I'll never hold a candle to the likes of Thom Knight, 3-dog or many of the other luminaries around here!

FWIW.....was going to say more about this but the chart speaks for itself?


(Grid: Singapore???? Cool! Give me a shout......need to chat with you about something!)
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  • #7,368
  • Edited 10:20am Oct 10, 2011 9:55am | Edited 10:20am
Hmmm...

That was an interesting turn of events. Now if there were just some way to know if it was going higher or not!

Methinks even Thom and 3-dog woulda liked those charts in sequence. Of course.....really.....30M charts? Those can't be trade-able? Can they?
Attached Image (click to enlarge)
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  • #7,369
  • Oct 10, 2011 9:01pm Oct 10, 2011 9:01pm
Hi everyone...

something from personal share...
I have been trying to use fibs tool with different style and modification for more 2 years now. I didn't count how many hours and hours spent in front of screen all day.
I maybe had more than dozen styles to pull fibs, but for couple last months I thought I found something very different that i see can match target of fib. But it also apparently need to have creativity to make each swing of fib are perfect.
More important is that I need to have notes why I pull this fib line, because we can have many ways to pull fib and can ended in different target level.

So i guess trading for me is still long journey, but I will keep doing that. I sure the moment of Eureka will soon get.

Cheers everybody
  • #7,370
  • Oct 14, 2011 2:03am Oct 14, 2011 2:03am
Quoting Brunite
....

(Grid: Singapore???? Cool! Give me a shout......need to chat with you about something!)
Trip is on hold. For how long, I don't know. Hard to compete with over seas labor rates.

Check your PM
The market is like the matrix - it is you that must learn to bend
  • #7,371
  • Oct 14, 2011 2:11am Oct 14, 2011 2:11am
Quoting GridTrader
Trip is on hold. For how long, I don't know. Hard to compete with over seas labor rates.

Check your PM
And I was really looking forward to taking the Bosiet Training.
A requirement to board these overseas offshore oil rigs.

Inserted Video
The market is like the matrix - it is you that must learn to bend
  • #7,372
  • Oct 14, 2011 2:33am Oct 14, 2011 2:33am
Quoting GridTrader
And I was really looking forward to taking the Bosiet Training.
A requirement to board these overseas offshore oil rigs.

http://www.youtube.com/watch?v=oLqXlEGxXxo
We have to take Bosiet training in the banking world now Grid in case we go under lol.

MD.
Keep smiling
  • #7,373
  • Oct 14, 2011 2:38am Oct 14, 2011 2:38am
Quoting Misterdaz
We have to take Bosiet training in the banking world now Grid in case we go under lol.

MD.
Thats pretty funny! Obviously I can handle a good joke

As soon as I'm full time trading (like Scotty or Thom) - I won't need a regular job. hahaha
The market is like the matrix - it is you that must learn to bend
  • #7,374
  • Oct 14, 2011 2:53am Oct 14, 2011 2:53am
Quoting GridTrader
Thats pretty funny! Obviously I can handle a good joke

As soon as I'm full time trading (like Scotty or Thom) - I won't need a regular job. hahaha
You should get a job in banking if you like a laugh Grid, there's jokers everywhere now, the funniest ones get the top jobs!

MD.
Keep smiling
  • #7,375
  • Oct 14, 2011 6:18am Oct 14, 2011 6:18am
Triggered long fib. Short fib not triggered. So why short instead of long?

Any thoughts?
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The market is like the matrix - it is you that must learn to bend
  • #7,376
  • Oct 14, 2011 6:24am Oct 14, 2011 6:24am
Quoting GridTrader
Triggered long fib. Short fib not triggered. So why short instead of long?

Any thoughts?
Dunno what your tracking otherwise (Higher TFwise)but one reason could be because you have an open target short on a higher TF.

Good to see you Grid.

K.I.S.S.
  • #7,377
  • Oct 14, 2011 6:56am Oct 14, 2011 6:56am
Quoting GridTrader
Triggered long fib. Short fib not triggered. So why short instead of long?

Any thoughts?


because at that particular point in time

eu had to go to 1.37783


i wonder if gu will go to .5815
  • #7,378
  • Oct 14, 2011 7:13am Oct 14, 2011 7:13am
ran into a smaller target

but at 5-1 RR i think i will stay at break even or target

and see what happens

http://img819.imageshack.us/img819/2419/97690012.gif

Uploaded with ImageShack.us
  • #7,379
  • Oct 14, 2011 10:52am Oct 14, 2011 10:52am
Quoting GridTrader
Triggered long fib. Short fib not triggered. So why short instead of long?

Any thoughts?

"Triggered" is relevant to what you are observing.



Quoting Doc_holiday
because at that particular point in time

eu had to go to 1.37783


i wonder if gu will go to .5815

Hi Doc

Did you get your numbers reversed

Just joking....I had .5814 then 36 then 51
  • #7,380
  • Oct 14, 2011 11:39am Oct 14, 2011 11:39am
Quoting Eggster
"Triggered" is relevant to what you are observing.






Hi Doc

Did you get your numbers reversed

Just joking....I had .5814 then 36 then 51
no

my numbers are always right

so you shorted around 51 then ?

or was it just me ?
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