99% Winners!!! Wow, what a place!!

[majamaem]

Hi Mick and everyone. Im going to post this and see if it works. I wrote last nite but the new log on rejected the post i guess. If this works ill be back in a while with better introduction.

[MickMason]

Originally Posted by majamaem

Hi Mick and everyone. Im going to post this and see if it works. I wrote last nite but the new log on rejected the post i guess. If this works ill be back in a while with better introduction.

Hi majamaem

It works! Now what......

Mick

[MickMason]

Originally Posted by stronghand

The author basically describes humans as having two brains, one of which is the "lizard brain". He goes on to say why the lizard brain was great for our ancestors to help us reproduce, find food and shelter, but also explained why it almost always did the wrong thing when it came to trading.

I read something similar, it wasn't remotely connected with any sort of trading but it made reference to 'left brain' and 'right brain', I can't remember the exact explanation or significance now! (not a lot of good really, dunno why I mentioned it!)

So what was the conclusion as to why the lizard brain did the wrong thing in trading, and how can we fix it?


Mick

[majamaem]

I spent all weekend reading the clsed thread. it was alot to read but i finally finished late last nite.

I have been trading since 85 or so and as you might guess, ive been there and done that. Out of all the crap out there, i have always loved and used fibs. So having stumbled onto your thread thru some fx sites, i was very interested. (didnt think that thread would ever end). Ive got some more catch up reading to do of the other threads, including fxsniper's stuff but hopefully, i will be able to support your efforts and no doubt pick up a few pointers as well. I primarily trade the emini but have been toying with the fx thru for the past few weeks.

I have my (emini) charts from this morn and the fibs work like a clock. If its ok, maybe i will post them later this evening.

I really look forward to joining the thread. (and btw, my nick here is not an indication of ethnicity or heritage- its from my grandkids names: MAdison, JAcob, MAtthew and EMma.)

[MickMason]

Originally Posted by majamaem

I spent all weekend reading the clsed thread. it was alot to read but i finally finished late last nite.

I have been trading since 85 or so and as you might guess, ive been there and done that. Out of all the crap out there, i have always loved and used fibs. So having stumbled onto your thread thru some fx sites, i was very interested. (didnt think that thread would ever end). Ive got some more catch up reading to do of the other threads, including fxsniper's stuff but hopefully, i will be able to support your efforts and no doubt pick up a few pointers as well. I primarily trade the emini but have been toying with the fx thru for the past few weeks.

I have my (emini) charts from this morn and the fibs work like a clock. If its ok, maybe i will post them later this evening.

I really look forward to joining the thread. (and btw, my nick here is not an indication of ethnicity or heritage- its from my grandkids names: MAdison, JAcob, MAtthew and EMma.)

Hi majamaem, anyone who made it to the end of that other thread deserves a medal

Your input would be very welcome, if you get a chance please post your charts!

There's another thread which JohnnyB started, it's mainly about Gartley patterns, interesting stuff.

Cheers

Mick

[majamaem]

here ya go...the s&p had been open about an hour and i was looking to buy the 65% level. (ugh, i thought i had it but dont know that i am not "attachment challenged" here) if it doesnt work, or it isnt opened up on the post, ill just wait to impose on you folks to give me a hint or two.

[majamaem]

kool...it worked. (i didnt expect it to so im a bit ahead of myself) let me first say that i am a firm believer in the kiss methods avocated by mick. i dont use any indicators or anything for confirmation, not even an ma. i dont study much anymore and, with the exception of this weekends read of the 87 page thread (wow-took me 3-4 sittings), i havnt been to keen to alot of reading. i typically watch 27, 38, 50, 65, and 80 rt, but the first three are usually "cussers" because i got in...or because i didnt get in. thats why your stuff fit me to a t mick. however, i usually react at 65 and 80 and go from there. sometimes i stop out at 100 and sometimes i reverse at 100...or sometimes i add on at 127; ill show u my reasoning as i go along and like my exwife, you may or may not think it makes sense. hopefully i wont get too long winded and put u to sleep.

today i went long at 17.25 and added some more at 15.50. i covered half the addon at 16.50 and half the orig at 18.25. then, i put my reverse stop in place at 15.00 and put a limit in to buy more at 16.75 (65% off the 19.50h). i was prepared to sell 15 even and take it to the 12.75 and get even, maybe up a little and flat. it bounced off 16.75 a couple of times but no fill. i used the pull back to measure the 1.61 and covered half my leftovers at 1221.00. it was late in the day so when the price went thru the 24 i baled and was flat. what a great day with fibs!

[majamaem]

about mid way thru the day i saw this. is this not a gartley buy? i said i dont use studies or indicators but this really gave me confidence to stay in the long for some reason. i know it sounds goofy, and its amazing to me, but in all these years, elliot wave, market profile, market rythms, etc., i dont have a clue about gartleys or butterflys and all that...simply amazing. i havnt read any of the more current threads and posts but i trust you still try to keep all of this simple huh mick...