Near-Naked Price Action Charts on the H4 and Daily TF!

Dear Friends,

I have created this new FF Trading Journal to begin focusing on my Near-Naked Price Action Charts using non-lagging Indicators on the Daily Time Frame, other than trend lines, horizontal lines and exponential mean averages - besides Japanese Candle Stick patterns - all to create an edge to profit using a Risk-Reward of 2-1 and mini-lots of 0.01.

Please feel free to join-in and share as long as your Post(s) comply with the FF Rules for posting and the focus of my Journal - Near-Naked Price Action Charts on the Daily TF ! Besides brilliant FF Threads here, I have studied, and continue to study, the free videos on Price Action and Naked Forex Trading on youtube - for example, https://www.youtube.com/results?sear...y=price+action

I look forward in sharing and learning from other non-commercial retail Forex traders - from the novice to expert !

Sincerely,

DrForexMD

Attachment 2276414

Closed after formation of Bearish IB+PB at Near-Term Resistance and opened new Short RR 2:1....but, this may still ber too early as I did not wait for new 3rd candle to close after new Bearish PA setup and took Profit:



No...I was ok...new Bearish trend good so far:

First Target hit at 1R:

There was a Retrace and new pull back, so a took a second Short trade on Selling Strength with Pullback in Underlying Overall Bearish Trend:

I closed out both Short trades with Profit and reopened new third Short:

I am back to BE due to too many Short trades with an exhausted Bearish Trend:



This the time for me, the a Tired Bear, that needs to step away and waiting for a while ;-)
A good suggestion made by a prominent Professional PA Trader who I follow.

Week of 2017/04-24:

Double Touch at Near-Term Resistance with RSI(s) D1 and WK both down on the D1 TF:

Underlying Trend Up, Gap-Up and RSI(3) D1,WK,MN all up: