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Trade What You See - Almost Naked Trading

  • #1,621
  • Oct 18, 2010 2:01pm Oct 18, 2010 2:01pm
In this trade long.
Attached Image
  • #1,622
  • Oct 18, 2010 2:07pm Oct 18, 2010 2:07pm
Quoting kook
Hi,

Very simple and nice thread, but sometimes difficult to follow. Most of the time my charts look different from yours. Where you see 3 taps i can see none. It not a "copy cat" thing but i'm trying to understand and learn this simple and effective approach.

Look at the attached chart, it should be similar to your setup but it isn't.

This chart is from Dukas demo, GMT time.

Thank for this thread
kook



http://www.forexfactory.com/attachme...1&d=1287425657
Kook, Can your period separators be set up on the H4 chart to show weekly periods and not daily periods? We really look for trades on the H4 chart a week at a time.
  • #1,623
  • Oct 18, 2010 2:14pm Oct 18, 2010 2:14pm
Quoting lawgirl21
In this trade long.
I'm in as well, let's make some pips
Hero calls followed by margin calls...
  • #1,624
  • Oct 18, 2010 2:14pm Oct 18, 2010 2:14pm
Quoting kook
Hi,

Very simple and nice thread, but sometimes difficult to follow. Most of the time my charts look different from yours. Where you see 3 taps i can see none. It not a "copy cat" thing but i'm trying to understand and learn this simple and effective approach.

Look at the attached chart, it should be similar to your setup but it isn't.

This chart is from Dukas demo, GMT time.

Thank for this thread
kook


http://www.forexfactory.com/attachme...1&d=1287425657
Hi kook, might be an idea to think about using FXDD demo thereby eliminating the problem
  • #1,625
  • Oct 18, 2010 2:25pm Oct 18, 2010 2:25pm
Quoting lawgirl21
In this trade long.
Thank YOU LG for your sharing.
The same trade is for me on NZDUSD.
  • #1,626
  • Oct 18, 2010 2:32pm Oct 18, 2010 2:32pm
Quoting lawgirl21
In this trade long.
Hey! Am also trading the system of this thread, but trying this approach in lower timeframes (mainly 5min, 15min, 1h) pretty successfully, as well as today, made a good +71 pips with EURUSD this afternoon :-)

Anyway, I just wondered what kind of template it is used on the image above at comment #1622, lawgirl ? (The one that shows trends, m240, d1, etc). Is it open source or public available? Would be nice to have a look on it

Happy Trading everyone!
  • #1,627
  • Oct 18, 2010 2:36pm Oct 18, 2010 2:36pm
Quoting ofer e
Thank YOU LG for your sharing.
The same trade is for me on NZDUSD.
Looks like a good trade. I missed it, but glad you didn't.
Attached Image (click to enlarge)
Click to Enlarge Name: 4x.gif Size: 15 KB
  • #1,628
  • Oct 18, 2010 2:45pm Oct 18, 2010 2:45pm
Quoting platschi
Hey! Am also trading the system of this thread, but trying this approach in lower timeframes (mainly 5min, 15min, 1h) pretty successfully, as well as today, made a good +71 pips with EURUSD this afternoon :-)

Anyway, I just wondered what kind of template it is used on the image above at comment #1622, lawgirl ? (The one that shows trends, m240, d1, etc). Is it open source or public available? Would be nice to have a look on it

Happy Trading everyone!
It's an RSI "reader' designed especially for this thread by SteveHopwood. I don't know exactly what page it is on, but go to attachments on the first page and you will find it.
  • #1,629
  • Oct 18, 2010 2:47pm Oct 18, 2010 2:47pm
Quoting platschi
Hey! Am also trading the system of this thread, but trying this approach in lower timeframes (mainly 5min, 15min, 1h) pretty successfully, as well as today, made a good +71 pips with EURUSD this afternoon :-)

Anyway, I just wondered what kind of template it is used on the image above at comment #1622, lawgirl ? (The one that shows trends, m240, d1, etc). Is it open source or public available? Would be nice to have a look on it

Happy Trading everyone!
It's an ea by SteveHOPWOOD see comment #1456
  • #1,630
  • Oct 18, 2010 2:48pm Oct 18, 2010 2:48pm
Quoting ofer e
It's an ea by SteveHOPWOOD see comment #1456
Thanks for finding page number, ofer.
  • #1,631
  • Oct 18, 2010 3:00pm Oct 18, 2010 3:00pm
Quoting lawgirl21
Actually, I am going to demo that trade. Don't like the 9 pip spread though.
Hi you nice people

You may want to check out Oanda - generally they have better spreads. It was about 4 pip spread for the GBPCHF

Cheers
  • #1,632
  • Oct 18, 2010 3:09pm Oct 18, 2010 3:09pm
thanks a lot ofer*e & lawgirl for the fast reply!
  • #1,633
  • Oct 18, 2010 3:10pm Oct 18, 2010 3:10pm
Quoting lawgirl21
It's an RSI "reader' designed especially for this thread by SteveHopwood. I don't know exactly what page it is on, but go to attachments on the first page and you will find it.
I'm really liking Steve's RSI scanner. I still go and check how strong the angles are on the candidate currencies. But it saves a bunch of time weeding out the obvious duds.

LG, to avoid getting this question over and over, I recommend you add this tool as an attachment to Post 1, Page 1. More people are coming to this thread, and with good reason, and I suspect that this will become one of the "annoying" noobie questions.
  • #1,634
  • Oct 18, 2010 3:13pm Oct 18, 2010 3:13pm
Quoting lawgirl21
In this trade long.
sl hit...

but i used a very very tight sl

so guys any more set ups?
Hero calls followed by margin calls...
  • #1,635
  • Oct 18, 2010 3:18pm Oct 18, 2010 3:18pm
Quoting duffypratt
I'm really liking Steve's RSI scanner. I still go and check how strong the angles are on the candidate currencies. But it saves a bunch of time weeding out the obvious duds.

LG, to avoid getting this question over and over, I recommend you add this tool as an attachment to Post 1, Page 1. More people are coming to this thread, and with good reason, and I suspect that this will become one of the "annoying" noobie questions.
I don't know how to do that, DP. I only know to refer to the paper clip "attachments" at the top right hand side of page 1
  • #1,636
  • Oct 18, 2010 3:22pm Oct 18, 2010 3:22pm
Quoting PhAnTi'
sl hit...

but i used a very very tight sl

so guys any more set ups?
I'm out with +20 pips.
  • #1,637
  • Oct 18, 2010 3:25pm Oct 18, 2010 3:25pm
...still in this trade, but getting tired of it.
Attached Image
  • #1,638
  • Oct 18, 2010 3:37pm Oct 18, 2010 3:37pm
Quoting lawgirl21
...still in this trade, but getting tired of it.

Watching this pair is "normally" just as enjoyable as watching paint dry .. I normaly avoid this pair as it gets tiring after a bit ...
  • #1,639
  • Oct 18, 2010 3:39pm Oct 18, 2010 3:39pm
Quoting lawgirl21
I don't know how to do that, DP. I only know to refer to the paper clip "attachments" at the top right hand side of page 1

You can Edit your first post LG.
  • #1,640
  • Oct 18, 2010 3:47pm Oct 18, 2010 3:47pm
Quoting PurePrice
Watching this pair is "normally" just as enjoyable as watching paint dry .. I normaly avoid this pair as it gets tiring after a bit ...
You are so right! I'm going to cross it off my scan list!
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