So, after 3.5 days of normal trading with this trade explorer and the Easter holidays, I've decided to call it a week. As you can see in the trade explorer, my win rate was 62.7% over 75 trades. Not the biggest possible sample but it lines up with what Bulkowski's numbers say. I mainly traded Kangaroo Tails (Pin Bars), Shooting Stars, Morning Stars, Big Shadows and Flags. My most success came from trading Kangaroo Tails.
Moving forward, I think I'll try to focus more on the Daily and H4 charts and maybe take a few less trades. I also would like to note that this system / technique is not built for a novice trader. Trading naked demands a feel for price action and some common sense. I also think this trading style could compliment a trader who would like to run an EA or two but still "enjoy" the market and hedge his/her strategies.
I highly recommend trying this, as I learned quite a bit over the last 2 weeks. Trading naked allows you to "find a zone". Some of you athletes out there should know what I mean. While in the zone, you tend to remain extremely focused and your surroundings seem to move in slow motion. The fact that the lowest TF I'm trading is H1 obviously helps. I also strongly recommend not trading under H1 because of volatility.
I'll add some more comments as the day unfolds and would be very happy to hear from anyone in here who has noticed any flaws or have any sort of feedback.
Good luck and green pips everyone!
Moving forward, I think I'll try to focus more on the Daily and H4 charts and maybe take a few less trades. I also would like to note that this system / technique is not built for a novice trader. Trading naked demands a feel for price action and some common sense. I also think this trading style could compliment a trader who would like to run an EA or two but still "enjoy" the market and hedge his/her strategies.
I highly recommend trying this, as I learned quite a bit over the last 2 weeks. Trading naked allows you to "find a zone". Some of you athletes out there should know what I mean. While in the zone, you tend to remain extremely focused and your surroundings seem to move in slow motion. The fact that the lowest TF I'm trading is H1 obviously helps. I also strongly recommend not trading under H1 because of volatility.
I'll add some more comments as the day unfolds and would be very happy to hear from anyone in here who has noticed any flaws or have any sort of feedback.
Good luck and green pips everyone!
When trading: "Empty your mind, be formless. Shapeless, like water."