Because of one particular ForexFactory Troll, I will no longer be participating in this thread. Instead, I'll be creating Live Stream Channel and insert that Live Stream into a different ForexFactory thread that I will create when I'm done setting up the background work for the Live Stream.
To be continued in that new thread......
See ya!
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Is it possible to consistently trade with acceptable results using an empty blank chart? Well, in this thread we're gonna find out by actually doing the work. No indicators. No pretty flashing lights. No moving averages. Nothing but price itself and the dark blackness of the UNKNOWN. Scary? Dangerous? Pointless? Useless? Impossible? You decide. I just grabbed a random pair (EURAUD) and will use that as the first Exhibit:
I'll be using simulated trades with pictorial annotation for now.
I'm running a high cost basis trade of a different kind in different thread, so I don't want to close that trade until it has finished. When the other actual trade is finished, I'll start using real trades here. For now, this is a simulated Long at the dashed green line.
I don't use Stops. When using Naked Directional Trades, I am the Stop. So, I use a simple hotkeyed script that either closes the position or reverses its direction.
To be continued in that new thread......
See ya!
----------------------------------------------------------
Is it possible to consistently trade with acceptable results using an empty blank chart? Well, in this thread we're gonna find out by actually doing the work. No indicators. No pretty flashing lights. No moving averages. Nothing but price itself and the dark blackness of the UNKNOWN. Scary? Dangerous? Pointless? Useless? Impossible? You decide. I just grabbed a random pair (EURAUD) and will use that as the first Exhibit:
I'll be using simulated trades with pictorial annotation for now.
I'm running a high cost basis trade of a different kind in different thread, so I don't want to close that trade until it has finished. When the other actual trade is finished, I'll start using real trades here. For now, this is a simulated Long at the dashed green line.
I don't use Stops. When using Naked Directional Trades, I am the Stop. So, I use a simple hotkeyed script that either closes the position or reverses its direction.