Indicator Free Trading - Skunny | Page 390 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

How to free indicator resources? indicator called from EA 7 replies

COT trading system with free indicator 297 replies

No Free Lunch but all the Free Coffee you can drink 736 replies

SWAP free, rollover free Broker? 15 replies

Attachments: Indicator Free Trading - Skunny
Exit Attachments

Indicator Free Trading - Skunny

  • #7,781
  • Jan 18, 2012 8:54am Jan 18, 2012 8:54am
... but I'll say it again in-case I did not.

Yes, this is a thread about fibs, and yes I do not show mine.

If you want to learn, GO BACK to the beginning and read this thread at least twice. I say this nicely. When done, you will have a better understanding, but not without a LOT of practice. If you need help or want to know how one might pull fibs ... my apology, but I am not the guy to ask. Though rare, I make mistakes too and in life I make them all the time! LOL. If you want to learn or participate, make a post here. Don't sit on the side lines and PM me or wait for others to figure it out for you. Things will only makes sense (or not make sense) by doing it yourself on your own charts. If you're looking for help - the people that post charts WITH fibs on them are the people you should be asking.

So why am I here? Its not to place myself upon my own throne, and if anyone would like to ... I am the last to deserve such a thing. I come here because its fun and I can appreciate watching people hard at work. Like watching your kids doing things and thinking to yourself, yah I remember when I did that. I enjoy giving others motivation and hope. Plus it appears many don't mind my fib-less charts and to some degree I feel somewhat appreciated here.

Any extensive knowledge that I "may" have will go to those I invested 5 years of my trading life with first before a public place such as this. The only other person if she is interested would be my daughter ... but singing and scary books are her thing right now.

To save some time dissecting my trades, my yellow lines are not always the actual target.

I hope this post was okay. If I came across as a jerk or a know it all ... please someone step in and say something. I know there are many here who have been at this almost as long as I have ... and I hope in some way shape or form, my charts have given you encouragement that there is light at the end of the tunnel
The market is like the matrix - it is you that must learn to bend
  • #7,782
  • Jan 18, 2012 8:55am Jan 18, 2012 8:55am
Well my fib was here and it hit, shame it was the wrong side lol.

Attached Image (click to enlarge)
Click to Enlarge Name: cable huh.png Size: 11 KB


Daz.
Keep smiling
  • #7,783
  • Jan 18, 2012 8:59am Jan 18, 2012 8:59am
The only hourly fib I can find to explain the low is this one but I cannot explain how I would get it there or even that it is right.

Attached Image (click to enlarge)
Click to Enlarge Name: cable 1801.png Size: 10 KB


Daz.
Keep smiling
  • #7,784
  • Jan 18, 2012 9:03am Jan 18, 2012 9:03am
Quoting Misterdaz
One near the top but got b/e'd but that's ok. Some days the PA is better and it moves with a smoother flow. Lot of crap going on in europe today which is interupting the flow.

I know you like to get in near the top, especially that tower you jumped off in Vegas. I couldn't do that, well I would but my wife says the insurance wouldn't pay out if the rope snapped!

Daz.
It may come back. Like I said it started getting messy, and there was way too much to keep track of. As you can see it went long again after I said that.
The market is like the matrix - it is you that must learn to bend
  • #7,785
  • Jan 18, 2012 9:06am Jan 18, 2012 9:06am
---------------
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ajtrade.gif Size: 14 KB
Click to Enlarge Name: ajtrade finish.gif Size: 13 KB
The market is like the matrix - it is you that must learn to bend
  • #7,786
  • Jan 18, 2012 9:08am Jan 18, 2012 9:08am
Quoting GridTrader
... but I'll say it again in-case I did not.

I hope this post was okay. If I came across as a jerk or a know it all ... please someone step in and say something. I know there are many here who have been at this almost as long as I have ... and I hope in some way shape or form, my charts have given you encouragement that there is light at the end of the tunnel
You're a jerk an a know it all!
Keep smiling
  • #7,787
  • Jan 18, 2012 9:20am Jan 18, 2012 9:20am
Quoting GridTrader
... but I'll say it again in-case I did not.

Yes, this is a thread about fibs, and yes I do not show mine.

If you want to learn, GO BACK to the beginning and read this thread at least twice. I say this nicely. When done, you will have a better understanding, but not without a LOT of practice. If you need help or want to know how one might pull fibs ... my apology, but I am not the guy to ask. Though rare, I make mistakes too and in life I make them all the time! LOL. If you want to learn or participate, make a post here. Don't sit on the side...
Love the post and thank you for posting grid you are one of the few traders that I look forward to reading what you have posted. I would like to say thanks and I think you are exactly right about the end of the tunnel thing.
Keep up the good work
  • #7,788
  • Jan 18, 2012 9:44am Jan 18, 2012 9:44am
GJ tp'ed, AJ is next maybe if it triggers.
Attached Image (click to enlarge)
Click to Enlarge Name: aj.gif Size: 17 KB
Nothing is True, Everything is Permitted.
  • #7,789
  • Jan 18, 2012 10:13am Jan 18, 2012 10:13am
Quoting ak47dan2004
Love the post and thank you for posting grid you are one of the few traders that I look forward to reading what you have posted. I would like to say thanks and I think you are exactly right about the end of the tunnel thing.
Keep up the good work
Thanks Dan Now lets make some money
Cad short .... anybody? Yes, no?
The market is like the matrix - it is you that must learn to bend
  • #7,790
  • Jan 18, 2012 10:19am Jan 18, 2012 10:19am
Quoting GridTrader
Cad short .... anybody? Yes, no?
Well, that's a loaded question. It all depends on what time frame you are referring.

However, I have heard that Darren has a short cad. But that's just hearsay.




Dave
  • #7,791
  • Jan 18, 2012 10:21am Jan 18, 2012 10:21am
Quoting bartstop
Well, that's a loaded question. It all depends on what time frame you are referring.

However, I have heard that Darren has a short cad. But that's just hearsay.




Dave
No it's true Dave, hold on I'll take a picture.
Keep smiling
  • #7,792
  • Jan 18, 2012 10:29am Jan 18, 2012 10:29am
Quoting Misterdaz
No it's true Dave, hold on I'll take a picture.
I remember what happened last time you took a picture.

Are you still on probation?




Dave
  • #7,793
  • Jan 18, 2012 10:33am Jan 18, 2012 10:33am
Quoting J.R. Cash
GJ tp'ed, AJ is next maybe if it triggers.
AJ is caught between two moves. Could be a ripe opportunity to go short here soon.
The market is like the matrix - it is you that must learn to bend
  • #7,794
  • Jan 18, 2012 10:43am Jan 18, 2012 10:43am
Quoting bartstop
Well, that's a loaded question. It all depends on what time frame you are referring.

However, I have heard that Darren has a short cad. But that's just hearsay.

Dave
Sorry, I'm usually on H1.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cadtrade.gif Size: 13 KB
Click to Enlarge Name: cadtrade finish.gif Size: 13 KB
The market is like the matrix - it is you that must learn to bend
  • #7,795
  • Jan 18, 2012 10:50am Jan 18, 2012 10:50am
It gets a bit dificult getting on the train in the morning but other than that the chicks love me.

Attached Image


Daz.
Keep smiling
  • #7,796
  • Jan 18, 2012 11:20am Jan 18, 2012 11:20am
Quoting GridTrader
AJ is caught between two moves. Could be a ripe opportunity to go short here soon.
My previous was for long; but I agree with you, on the short side I can see this, although improbable we'll see a trigger short from the looks of pa momentum; and even if I see it going short I'll watch 'cause from my understanding this setup is against the flow

Just a 'from my POV'
Attached Image (click to enlarge)
Click to Enlarge Name: aj.gif Size: 14 KB
Nothing is True, Everything is Permitted.
  • #7,797
  • Edited 1:10pm Jan 18, 2012 11:23am | Edited 1:10pm
Quoting Misterdaz
Happy New Year Scotty.

My post was making a different point. I/we do backtest. I have a copy of that fine program Forex Tester, I could never get to grips with vHands. That particular trade turned out ok anyway as I trusted PA instincts.

I do appreciate your comments though.

Take care man.

Daz.
Hey,

I'm not familiar with that particular program but I wanted to be a little more clear. By back testing I don't mean going through the chart and fibbing in different ways, maybe that's not what you meant. The chart time should be the brain storming time. Once you find something that may be promising, you need to define exactly what you are doing and put the concept into code so that you can auto back test tons of data to see how the pattern performs.

One of the difficult things about doing proportional studies is that by visually testing things often looks peachy, but the numbers don't really match up to the pip, so in back testing we must make the targets narrow little ranges to get an idea of the performance.

If that's your approach, good, if not, at least write down your ideas so that you can test them down the road.
  • #7,798
  • Jan 18, 2012 12:15pm Jan 18, 2012 12:15pm
That aj long's shaping up nicely, guys. A pierce then a retrace to the inners would be jolly good.
Nothing is True, Everything is Permitted.
  • #7,799
  • Jan 18, 2012 12:57pm Jan 18, 2012 12:57pm
Quoting Scotty B
Once you find something that may be promising, you need to define exactly what you are doing and put the concept into code so that you can auto back test tons of data to see how the pattern performs.
agree 100%

If one can't be a robot and do proper comprehensive backtesting . . . learn to code some mql4, create an EA (Robot) and let it do the backtesting for you.
20 pips a day isn't too much to ask . . .
  • #7,800
  • Edited 3:09pm Jan 18, 2012 2:48pm | Edited 3:09pm
Quoting Scotty B
Hey,

I'm not familiar with that particular program but I wanted to be a little more clear. By back testing I don't mean going through the chart and fibbing in different ways, maybe that's not what you meant. The chart time should be the brain storming time. Once you find something that may be promising, you need to define exactly what you are doing and put the concept into code so that you can auto back test tons of data to see how the pattern performs.

One of the difficult things about doing proportional studies is that by visually testing...
What in tarnation....lets have a look at this

Once you find something that may be promising, .... yes...yes...you need to define exactly what you are doing ....excellent idea... carry on..and put the concept into code so that you can..yes yes... auto back test...what!!...stop...code did you say?..take notes Bartstop...learn to code...Phone my office, tell them I won't be in tomorrow I'm learning to code!.... tons of data to see how the pattern performs. tons of data did you say man?...That's right Bartstop tons of data...what! I don't know man just write it down!


One of the difficult things about doing proportional studies...proportional studies Bartstop...yes...no don't measure that boy!...pay attention... is that by visually testing things often looks peachy,...nooo Bartstop not like an arse, it means it looks good man, rosey... but the numbers don't really match up to the pip, so in back testing we must make the targets narrow little ranges to get an idea of the performance...make the targets narrow little ranges???...hahahah..magic mushrooms....yes hahaha quite possibly Bartstop.

If that's your approach, good, if not, at least write down your ideas so that you can test them down the road....write this down Bartstop..phone therapist in the morning...book ScottyB in for 2pm...Well done old boy.

ScottyB everybody

Attached Image


Scotty you kill me but I like you.
Keep smiling
2 traders viewing now