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Indicator Free Trading - Skunny

  • #8,261
  • Dec 13, 2014 4:38pm Dec 13, 2014 4:38pm
Just to notify all contributors - I am accepting addresses for email notifications from the long awaited EA - as you all know I have been working on this for years. If you all really knew how the markets are manipulated you would be as pissed off as myself. Every attempt at an EA has needed to be coded to avert these obvious unnatural interventions that actually last as long as 2 months at a time. I know authorities watch this thread so I will let you know I'm within 30 hours of coding to make this a reality and several trusted people have my information. I am sticking my neck out early with this email notification but if you want free email notifications you need to let me know.

Happy holidays to all,
Rob
Robonacci com
  • #8,262
  • Feb 4, 2015 8:00am Feb 4, 2015 8:00am
Quoting Skunny
{quote} Great job Blue,Ken. Here is mine. Now try to find the significance of this. Have fun: {image}
I am going back to trading the original Skunny way. I miss the old gang. I pray everyone is having a great year so far.
  • #8,263
  • Feb 6, 2015 8:28am Feb 6, 2015 8:28am
Quoting Checkz
{quote} I am going back to trading the original Skunny way. I miss the old gang. I pray everyone is having a great year so far.
Post some charts and I'll try to keep my eye on this thread - if I can help a little I will. EA is in the repair shop so I will be aggressive with manual trading next week - feel free to copy any new posts I put in the forum or the blog and post them here for reference.

Hope you are doin well Z,

Rob
Robonacci com
  • #8,264
  • Feb 6, 2015 12:56pm Feb 6, 2015 12:56pm
Heya Rob,

Speaking of manual trading, do you still pull your old-school classic (aka custom) fibs? Or have you moved entirely to the specific pulls you've created?

I still love the old-school pulls, personally.
  • #8,265
  • Feb 7, 2015 6:33pm Feb 7, 2015 6:33pm
Quoting Skunny
{quote} Post some charts and I'll try to keep my eye on this thread - if I can help a little I will. EA is in the repair shop so I will be aggressive with manual trading next week - feel free to copy any new posts I put in the forum or the blog and post them here for reference. Hope you are doin well Z, Rob
Thanks Skunny but believe it or not I have been thinking about going back and trading the old 50 fib method. I am in the process of trying to remember a lot of the stuff you showed us. I hate I can't go back to the old forum and look at it but I do remember you showing a lot of trades that could be taken with it. Can I post charts with the old 50 fib method and maybe ask you a few questions? I tried to pm you but it was restricted.
  • #8,266
  • Feb 9, 2015 4:29am Feb 9, 2015 4:29am
Quoting 24HourTrader
Heya Rob, Speaking of manual trading, do you still pull your old-school classic (aka custom) fibs? Or have you moved entirely to the specific pulls you've created? I still love the old-school pulls, personally.
Check Z - go ahead and post.

24HT It depends on the structure of the swing and how impatient I happen to be to get into a trade. It comes down to finding a fib in the direction you are trading then locate a fib that confirms your direction.

In the charts I'm posting I used a simple 2 point swing high/low anchor point for a simple illustration - the Red fib gives us a 62 push (61.8) and a break of the Entry. On it's own it nothing more than a possible cycle identification. By finding a swing that produces a possible cycle that is retracing you can then use the same method you understand to locate another fib going in the same direction.

The first yellow fib indicates a target that reaches outside the large red target zone - by extending your trade outside this zone you are also not confirming a direction until you are well inside the red fib zone and since you will take profit no further than the red target line you are really using the red fib and therefor should use red stop losses.

By using a confirming fib that either hits the same target as the red fib or by hitting it's target short of the red target you increase your odds - in this case the yellow fib went up and confirmed both trade zones by pushing off the 50 and then retraced nicely to the upper 62 and then went on to complete the targets.

This all has to do with patience and a plan - a plan can be made years in advance but patience is real time and is usually the cause of the demise. For me it is anyway
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Robonacci com
  • #8,267
  • Feb 9, 2015 5:03am Feb 9, 2015 5:03am
Quoting Checkz
{quote} Thanks Skunny but believe it or not I have been thinking about going back and trading the old 50 fib method. I am in the process of trying to remember a lot of the stuff you showed us. I hate I can't go back to the old forum and look at it but I do remember you showing a lot of trades that could be taken with it. Can I post charts with the old 50 fib method and maybe ask you a few questions? I tried to pm you but it was restricted.
Post away - it all comes down to following the market - most traders wont trade a chart up until they take a trade - they unfortunately draw a fib and enter a trade. Take the time to trade back data until you trade so you have a fully marked chart that only you can understand.

Rob
Robonacci com
  • #8,268
  • Feb 9, 2015 5:13am Feb 9, 2015 5:13am
This is what I had been doing lately Skunny with the 50 fib
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  • #8,269
  • Feb 9, 2015 5:18am Feb 9, 2015 5:18am
Quoting Skunny
{quote} Post away - it all comes down to following the market - most traders wont trade a chart up until they take a trade - they unfortunately draw a fib and enter a trade. Take the time to trade back data until you trade so you have a fully marked chart that only you can understand. Rob
Ok Thanks
  • #8,270
  • Feb 9, 2015 5:27am Feb 9, 2015 5:27am
Quoting Checkz
This is what I had been doing lately Skunny with the 50 fib {image}

Yes - I understand. using an open target (red) to identify a turn is something I have preached ad nauseam. One of the best ways to trade - I would like to see you come up with a confirming fib when possible.

Rob
Robonacci com
  • #8,271
  • Feb 9, 2015 7:11am Feb 9, 2015 7:11am
Quoting Skunny
{quote} 24HT It depends on the structure of the swing and how impatient I happen to be to get into a trade. It comes down to finding a fib in the direction you are trading then locate a fib that confirms your direction. In the charts I'm posting I used a simple 2 point swing high/low anchor point for a simple illustration - the Red fib gives us a 62 push (61.8) and a break of the Entry. On it's own it nothing more than a possible cycle identification. By finding a swing that produces a possible cycle that is retracing you can then use the same method...
Awesome stuff, thanks!
  • #8,272
  • Feb 10, 2015 2:23am Feb 10, 2015 2:23am
This one pushed off of the 62 then went to target
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  • #8,273
  • Feb 10, 2015 3:07am Feb 10, 2015 3:07am
Quoting Checkz
This one pushed off of the 62 then went to target {image} {image}
E/U is a tough nut to crack lately - here is about the only chart I have if it helps. Info is hard to chart so please just use this as a directional chart.

https://charts.mql5.com/6/966/eurusd...ivision1-2.png
Robonacci com
  • #8,274
  • Feb 10, 2015 3:19am Feb 10, 2015 3:19am
Thanks Skunny for the chart but I don't understand How you pulled the fib. Is this MC2 fib pulling?
  • #8,275
  • Feb 10, 2015 3:37am Feb 10, 2015 3:37am
Quoting Checkz
Thanks Skunny for the chart but I don't understand How you pulled the fib. Is this MC2 fib pulling?

The charts I post here and on the Robonacci site will be custom to conditions and will not be any specific system - the EA testing has afforded me some extremely valuable data regarding these lovely markets. I have taken this data and applied it to the "measure and move" systems. It is similar to the moves on the 618 videos. When I get the time to write rules I will add it to the 618 M&M as a supplement and send it to the group.
Robonacci com
  • #8,276
  • Feb 10, 2015 3:41am Feb 10, 2015 3:41am
Quoting Skunny
{quote} The charts I post here and on the Robonacci site will be custom to conditions and will not be any specific system - the EA testing has afforded me some extremely valuable data regarding these lovely markets. I have taken this data and applied it to the "measure and move" systems. It is similar to the moves on the 618 videos. When I get the time to write rules I will add it to the 618 M&M as a supplement and send it to the group.
Oh ok well thanks again for all the help
  • #8,277
  • Feb 10, 2015 3:55am Feb 10, 2015 3:55am
Quoting Checkz
{quote} Oh ok well thanks again for all the help
Getting two techniques or systems working together is powerful - by posting charts done a bit different we can eliminate a few "Upsidedowncycles".
Robonacci com
  • #8,278
  • Feb 11, 2015 11:05am Feb 11, 2015 11:05am
Quoting Checkz
{quote} Oh ok well thanks again for all the help

Try to post a live trade and I will add to it.
Robonacci com
  • #8,279
  • Feb 11, 2015 7:04pm Feb 11, 2015 7:04pm
Quoting Skunny
{quote} Try to post a live trade and I will add to it.
Sorry for the late post but I have been dealing with internet issues all day. This is what I saw on the Eur/Usd I have a push up off the 50 line but since I was not at my computer when it happened I don't know if it hit the entry line before it headed back down.
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  • #8,280
  • Feb 12, 2015 4:05am Feb 12, 2015 4:05am
Quoting Skunny
{quote} E/U is a tough nut to crack lately - here is about the only chart I have if it helps. Info is hard to chart so please just use this as a directional chart. {image}
you are chart showing interest to me need to learn more to start with this..


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