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Trade What You See - Almost Naked Trading

  • #1,361
  • Oct 14, 2010 8:20am Oct 14, 2010 8:20am
Hi LG, thank you for the pointer. I appreciate it. Thanks
  • #1,362
  • Oct 14, 2010 8:25am Oct 14, 2010 8:25am
Quoting freedomsg
Hi LG, thank you for the pointer. I appreciate it. Thanks
You are very welcome.
  • #1,363
  • Oct 14, 2010 8:31am Oct 14, 2010 8:31am
Here is an interesting little trade I am in. The trend is up, but PA has been in a channel/ditch for hours. It has tried at least 4 times to break through that resistence level but doesn't seem to be able to. Every time it taps the line, PA is rejected and goes down again. It will keep trying to break through and sooner or later it will, but for now, I'm hoping it travels down again at least 20 pips.
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  • #1,364
  • Oct 14, 2010 8:39am Oct 14, 2010 8:39am
How do you put period separators on your charts? Is it an option in MT4 platform, or do you need an indicators for that... if indicator, can you please post it? Thank you in advance!
  • #1,365
  • Oct 14, 2010 8:42am Oct 14, 2010 8:42am
Quoting PurePrice
How do you put period separators on your charts? Is it an option in MT4 platform, or do you need an indicators for that... if indicator, can you please post it? Thank you in advance!

I found it .. thanks anyway
  • #1,366
  • Oct 14, 2010 8:49am Oct 14, 2010 8:49am
Quoting PurePrice
How do you put period separators on your charts? Is it an option in MT4 platform, or do you need an indicators for that... if indicator, can you please post it? Thank you in advance!

Go to "Charts" --> "Properties" --> "Common" and check "Show Period Separators"
  • #1,367
  • Oct 14, 2010 8:50am Oct 14, 2010 8:50am
Quoting lawgirl21
Did anyone catch this beautiful 3 tap trade? All TFs are short, including monthly.

Looking at your charts LG, I think I am missing something... for example the USDCHF chart looks like 2 taps only not 3 taps. Unless you consider the two consecutive cndles touching the line to be 2 taps. I mean if the Bullish candle closes right at the line and the next one is a Bearish candle, naturally, its open will be at the line. Does this count as 2 taps or just one? Does there need to be a period of time between the 2 taps or can they be consecutive candles?

Thanks for taking the time to clarify this, as this will aid me tremendously
  • #1,368
  • Oct 14, 2010 8:51am Oct 14, 2010 8:51am
Quoting lawgirl21
Go to "Charts" --> "Properties" --> "Common" and check "Show Period Separators"

Thank you LG
  • #1,369
  • Oct 14, 2010 8:53am Oct 14, 2010 8:53am
Quoting vinesh
Just a feeling guys! I feel an EA coming up soon about this system!! I wonder if I am becoming clairvoyant in my old age or I saw someone lurking around.
Does anyone know what vinesh was talking about here?
  • #1,370
  • Oct 14, 2010 8:55am Oct 14, 2010 8:55am
Quoting lawgirl21
Does anyone know what vinesh was talking about here?

Not quite, but I think he was referring to the BO method being a candidate for a an EA. But, I could be very wrong as I have been many times in the past
  • #1,371
  • Oct 14, 2010 8:59am Oct 14, 2010 8:59am
Quoting PurePrice
Not quite, but I think he was referring to the BO method being a candidate for a an EA. But, I could be very wrong as I have been many times in the past
It was the "lurking around" I didn't understand.
  • #1,372
  • Oct 14, 2010 9:02am Oct 14, 2010 9:02am
Quoting lawgirl21
It was the "lurking around" I didn't understand.

That one I don't know ... maybe he is referring to someone who is on this thread who normally develops EA, but I would have no idea who that is
  • #1,373
  • Oct 14, 2010 9:08am Oct 14, 2010 9:08am
Quoting lawgirl21
It was the "lurking around" I didn't understand.
LG...look to the bottom of the page where the list of traders viewing this thread are listed. There have been a couple of well known FF EA programmers "lurking" (looking but not posting) on this thread from time to time...
Listen to the whispers.... You may learn something
  • #1,374
  • Oct 14, 2010 9:09am Oct 14, 2010 9:09am
Quoting PurePrice
Looking at your charts LG, I think I am missing something... for example the USDCHF chart looks like 2 taps only not 3 taps. Unless you consider the two consecutive cndles touching the line to be 2 taps. I mean if the Bullish candle closes right at the line and the next one is a Bearish candle, naturally, its open will be at the line. Does this count as 2 taps or just one? Does there need to be a period of time between the 2 taps or can they be consecutive candles?

Thanks for taking the time to clarify this, as this will aid me tremendously

They can be consecutive candles. This was three taps. Because the 3rd tap was a bullish candle, the entry for a short would have been the next H4 candle to verify direction. Doesn't have to be a the close of that next candle.

If the third tap to go long is a bearish candle, we would wait until the next H4 candle opened and moved a little, to verify direction before taking the trade.
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  • #1,375
  • Oct 14, 2010 9:11am Oct 14, 2010 9:11am
Quoting Scrutch
LG...look to the bottom of the page where the list of traders viewing this thread are listed. There have been a couple of well known FF EA programmers "lurking" (looking but not posting) on this thread from time to time...
Is that a good thing?
  • #1,376
  • Oct 14, 2010 9:16am Oct 14, 2010 9:16am
Quoting lawgirl21
They can be consecutive candles. This was three taps. Because the 3rd tap was a bullish candle, the entry for a short would have been the next H4 candle to verify direction. Doesn't have to be a the close of that next candle.

If the third tap to go long is a bearish candle, we would wait until the next H4 candle opened and moved a little, to verify direction before taking the trade.

Thanks for clarifying ... it was the two consecutive candles that I was not sure about .. now I know that there need not be any time between the two candles touching the TL to be considered two taps.
  • #1,377
  • Oct 14, 2010 9:21am Oct 14, 2010 9:21am
Quoting PurePrice
Thanks for clarifying ... it was the two consecutive candles that I was not sure about .. now I know that there need not be any time between the two candles touching the TL to be considered two taps.
A tap is a tap..requiring time in between is arbituary, in my opinion. Of the 100's (1000's?) of charts that I have review for this system, consecutive candles are good taps.
  • #1,378
  • Oct 14, 2010 9:24am Oct 14, 2010 9:24am
Quoting lawgirl21
Does anyone know what vinesh was talking about here?
Yes, I do.
  • #1,379
  • Oct 14, 2010 9:27am Oct 14, 2010 9:27am
Quoting SteveHopwood
Yes, I do.
Oh!...what an honor! Glad to have you here.
  • #1,380
  • Oct 14, 2010 9:30am Oct 14, 2010 9:30am
Quoting lawgirl21
Is that a good thing?
...depends on how you see if from your end. When you have well known posters reading your thread it's usually an indication that the thread is usefull. As for any of the coders writing an EA for this...that's pure speculation.

Watching EJ as it attempts to make a HH. We have multiple H4 taps, all RSI's are strong up's and an up move here would be a BO trade as well.

Edit1: W1 RSI just turned from a weak up to neutral sideways.
Edit2: W1 RSI has changed back to the weak up direction.
Listen to the whispers.... You may learn something
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