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  • #41
  • Oct 14, 2009 7:54pm Oct 14, 2009 7:54pm
I think naked chart is cool for me, giving me small loses and big profit when they play out using small tf for entry and big tf ror main direction...
no dirty chart to confuse me ..
MY OPINION NOT FINANCIAL ADVISE
  • #42
  • Oct 14, 2009 10:55pm Oct 14, 2009 10:55pm
Hello DonFriday and all around here,

Don how does the indicator Show 123_Rh_BB works, because I did see on forward testing that after some movement number 1 and 2 disaper, them they were back and now I have RH signal. When does the signal will not desaper? (I'm using 5 Min charts).

Thank You

Quoting donfriday
i used show123v2....i will not be using indi beside the 1-2-3HlL,RH and Brkout counting indi just to give me less stress in counting and will make it more easy for me.. and after reading the book and my knowledge in finding the 1-2-3-RH i will put my eye on the counting and will know if the indi counting is wrong ..
i was a indi fun b4 but i think i am such a complicated guy to use indi, i found out while i was checking the reason for some of my failures in my trading background.
you are free to use what u want but i am more fun of using TL now...
  • #43
  • Oct 14, 2009 11:04pm Oct 14, 2009 11:04pm
Quoting PartyPips
Hello DonFriday and all around here,

Don how does the indicator Show 123_Rh_BB works, because I did see on forward testing that after some movement number 1 and 2 disaper, them they were back and now I have RH signal. When does the signal will not desaper? (I'm using 5 Min charts).

Thank You

the indi is for less stress in counting only ur own counting is for the confirmation ....have you read the Book?
MY OPINION NOT FINANCIAL ADVISE
  • #44
  • Oct 14, 2009 11:25pm Oct 14, 2009 11:25pm
if you read my post i mention i will not be using indicator..this is naked chart trading method but i decide to use trendline for my own view of some key levels that indicator is not indi that u could use for trading ur target, it only help u in counting the set up which mean u have to use the law of chart to confirm it....
read the first book law of charts and TTE that was posted in page 2 from porkpie..if u have any question then ask me i will be more happy to assist you..
MY OPINION NOT FINANCIAL ADVISE
  • #45
  • Oct 14, 2009 11:54pm Oct 14, 2009 11:54pm
This is how I trade Don, simple stuff. Some people try to make it harder than what it is I don't agree with the getting in before the break, it either breaks or it doesn't.I look at sup/res pivots and so on but let PA do its stuff. Theres a good thread that died a while back called "Peaks and Valleys", you should check it out.I trade around the 1 min,5 min, 15 min charts and wait for 1 2 3s.
Keep it up!
FF journal: Peaks and Troffs
  • #46
  • Oct 15, 2009 12:21am Oct 15, 2009 12:21am
Quoting bogus
This is how I trade Don, simple stuff. Some people try to make it harder than what it is I don't agree with the getting in before the break, it either breaks or it doesn't.I look at sup/res pivots and so on but let PA do its stuff. Theres a good thread that died a while back called "Peaks and Valleys", you should check it out.I trade around the 1 min,5 min, 15 min charts and wait for 1 2 3s.
Keep it up!
Thanks bro, yeah i like naked stuffs it show clearly than complicated things so i use trendline to filter movement so i feel much more comfortable..with ur experience and want to get in early u can decide to get in early but TTE is also a good entry.
i just checked that thread it was a booming one but not sure what happen they stop posting since last year...
hope u check in often..cheers Don
MY OPINION NOT FINANCIAL ADVISE
  • #47
  • Oct 15, 2009 1:30am Oct 15, 2009 1:30am
due to the low momentum in the up move and my bro incident i could not add more but my entry size is okay for my equity..simple and naked..Lolz
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MY OPINION NOT FINANCIAL ADVISE
  • #48
  • Oct 15, 2009 3:32am Oct 15, 2009 3:32am
hi don,

I'm using on the daily set up for this 123 method, here my set up for this uj inside trading range on daily, what do you think is that the valid buy for this UJ ?? on the wk tf i see more bullish on the control of pa

rgds,
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  • #49
  • Oct 15, 2009 3:46am Oct 15, 2009 3:46am
Quoting my30marahaba
hi don,

I'm using on the daily set up for this 123 method, here my set up for this uj inside trading range on daily, what do you think is that the valid buy for this UJ ?? on the wk tf i see more bullish on the control of pa

rgds,

the first chart was wrong, i dont know how to use line chart but the thirdchart was okay and cus u are using daily this is a good entry base on TTE... yeah i see u have some buy on uj already i guess that was small tf entry ..nice 1 if daily confirm the breakout UJ will rise more..IMO
welcome to my thread
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #50
  • Oct 15, 2009 5:35am Oct 15, 2009 5:35am
Don what setting are you using on the v2 indicator, our are they default.
  • #51
  • Oct 15, 2009 6:03am Oct 15, 2009 6:03am
Quoting ukcool
Don what setting are you using on the v2 indicator, our are they default.

i did not change anything ...default ...and the rules thats all...min lose if i get it wrong max profit if i get it rite..
welcome on board
MY OPINION NOT FINANCIAL ADVISE
  • #52
  • Edited 8:50am Oct 15, 2009 8:33am | Edited 8:50am
Quoting donfriday
i did not change anything ...default ...and the rules thats all...min lose if i get it wrong max profit if i get it rite..
welcome on board
this is a little consolidation going on GU 5min ...i am waiting for breakout of this zone before i take any trade on gu...
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MY OPINION NOT FINANCIAL ADVISE
  • #53
  • Oct 15, 2009 8:40am Oct 15, 2009 8:40am
Don I actually took that trade, I am out now. It was just a quicky, took 10pip.
  • #54
  • Oct 15, 2009 8:56am Oct 15, 2009 8:56am
Quoting ukcool
Don I actually took that trade, I am out now. It was just a quicky, took 10pip.
what trade was that?..well if u took 10pips on a trade it will depend on ur risk ratio and confident..i dont take 10pips trade..bu the time u have a clear 1-2-3 confirmation ur sl might be 20-30-50 it depend how big and small it form on my 5min chart entry..
if u have any other question?
MY OPINION NOT FINANCIAL ADVISE
  • #55
  • Oct 15, 2009 9:05am Oct 15, 2009 9:05am
Hello Mr. donfriday,

thank you for sharing your tradeing strategie here.

I am searching for a strategie which I can trade manuell and with which I can win in long term. Have you trade your shared system from here a longer time and can you say that it is possible with this strategie to win in long term?

Thank you again for any helps.
  • #56
  • Oct 15, 2009 9:08am Oct 15, 2009 9:08am
I sold gj cus 1-2-3 complet and got broken after price came back to test it again then price made it lower low ..
it it may go against me but this is a complet signal as i got it...let see how it play out .nothing much to risk 50pips
Attached Image (click to enlarge)
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MY OPINION NOT FINANCIAL ADVISE
  • #57
  • Oct 15, 2009 9:25am Oct 15, 2009 9:25am
Quoting PipTraderTim
Hello Mr. donfriday,

thank you for sharing your tradeing strategie here.

I am searching for a strategie which I can trade manuell and with which I can win in long term. Have you trade your shared system from here a longer time and can you say that it is possible with this strategie to win in long term?

Thank you again for any helps.

dont be deceived every system fail but this method is a origin of every end and beginning of every trend in the market, it's not my system but is from one of the guru in this market u can find him any where in google..search for Joe Ross..i am only sharing it on here so u can have better view than not only indi make money but naked chart is even the best if u follow the rules of this method...yes this system was introduce to me when i started trading but i always ignor it but my friend who use it laugh me and say i should choose what i want..i was having some failure and due to my complicated attitude i could not handle indicators so i had to come back and finish what i started...i have price action experience so that make it more simple when using naked chart...every tf must form 1-2-3h&l when the current trend is over before change ..
read the first book and TTE, come and ask me anything about it and i will share what i know..my lose is less 50 pips max but i can get over 100 when it go my way cus i will not close my trade until i see another 1-2-3 so what i will be doing is trailing my profit..
cheers and welcome..
MY OPINION NOT FINANCIAL ADVISE
  • #58
  • Oct 15, 2009 10:11am Oct 15, 2009 10:11am
Quoting donfriday
I sold gj cus 1-2-3 complet and got broken after price came back to test it again then price made it lower low ..
it it may go against me but this is a complet signal as i got it...let see how it play out .nothing much to risk 50pips

trail out 20pips ....nice trade i think after price forming RH
MY OPINION NOT FINANCIAL ADVISE
  • #59
  • Oct 15, 2009 10:34am Oct 15, 2009 10:34am
Quoting donfriday
trail out 20pips ....nice trade i think after price forming RH
Hello Don,

Please can you post chart picture from this after this trade. I just want to compare withc mine.

Thanks
  • #60
  • Oct 15, 2009 10:52am Oct 15, 2009 10:52am
Quoting PartyPips
Hello Don,

Please can you post chart picture from this after this trade. I just want to compare withc mine.

Thanks

i sold point 2 after retest...every RH is a trailing warning so u need to adjust ur trail well and dont forget the spread of the pair u trading on every tick move..
another 1-2-3 was form there but because 15tf is also forming 1-2-3H so i decide not take this anymore ..
all the tf much form 1-2-3H or L with pull back to test point 2 after breakout..
if u still dont understand let me know
Attached Image (click to enlarge)
Click to Enlarge Name: 10-15-2009 3-00-39 PM.png Size: 13 KB
MY OPINION NOT FINANCIAL ADVISE
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