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Trade What You See - Almost Naked Trading

  • #2,221
  • Oct 26, 2010 9:00am Oct 26, 2010 9:00am
Quoting lawgirl21
Who is in any trades? I am in only one.. EURUSD which is doing pretty well.
Lg,
Am out and in again. what's ur tp on this move? am looking at 1.3740. ur advice pls.
  • #2,222
  • Oct 26, 2010 9:00am Oct 26, 2010 9:00am
My 2 cents on euro, also same as $SPX (S&P 500 index) & ES futures. The weekly chart has showed bearish tendency based on PA along the 200 SMA, so IMO euro will go down from here. 1st support is ~ 1.3650 +/- delta

This may not be relevant to this thread, just thinking out loud. If this is kind of a distraction, please let me know...
  • #2,223
  • Oct 26, 2010 9:01am Oct 26, 2010 9:01am
Learning from your mistakes is important. I just had a look at the EURAUD trade and I actually did not enter correctly. I entered too high and thus would have ended up with a BE trade, had I entered at the correct 15m close candle and thus not ended up with a 30 pip loss.
Anyway still ended up with 60 pips profit for the day. Could have been way more, but hey - a profit is a profit.
See you tomorrow everyone!
Trading Makes Money!
  • #2,224
  • Oct 26, 2010 9:06am Oct 26, 2010 9:06am
Quoting dialpips
Lg,
Am out and in again. what's ur tp on this move? am looking at 1.3740. ur advice pls.
I did the same thing...took profit and re-entered. I haven't set a TP yet, but will have to soon because I am heading to work. What are your thoughts on a TP?
  • #2,225
  • Oct 26, 2010 9:09am Oct 26, 2010 9:09am
Quoting lawgirl21
I did the same thing...took profit and re-entered. I haven't set a TP yet, but will have to soon because I am heading to work. What are your thoughts on a TP?
I think euro has done the down move for this morning...
  • #2,226
  • Oct 26, 2010 9:09am Oct 26, 2010 9:09am
Quoting lawgirl21
I did the same thing...took profit and re-entered. I haven't set a TP yet, but will have to soon because I am heading to work. What are your thoughts on a TP?
3740 for TP? I'm a little more conservative..I am setting at the support level of 3780.
  • #2,227
  • Oct 26, 2010 9:10am Oct 26, 2010 9:10am
Quoting lawgirl21
Save it into your Experts folder, not Indicators.
Lawgirl I appreciate your help but I feel so stupid as I have no clue how to get that saved to my experts folder. Wish someone could talk me through the entire process as I think thats an awsome indicator to put on my charts
  • #2,228
  • Oct 26, 2010 9:12am Oct 26, 2010 9:12am
Quoting rovver
I think euro has done the down move for this morning...
You may be right...I've moved SL to BE.
  • #2,229
  • Oct 26, 2010 9:14am Oct 26, 2010 9:14am
[quote=dialpips;4123727]Lg,
Am out and in again. what's ur tp on this move? am looking at 1.3740. ur advice pls.[/quote

DP, move your SL to BE as soon as you can.
  • #2,230
  • Oct 26, 2010 9:15am Oct 26, 2010 9:15am
Going to work...talk to everyone later. Good trading everyone.
  • #2,231
  • Oct 26, 2010 9:16am Oct 26, 2010 9:16am
Quoting forxsniper1
Lawgirl I appreciate your help but I feel so stupid as I have no clue how to get that saved to my experts folder. Wish someone could talk me through the entire process as I think thats an awsome indicator to put on my charts
Hey sniper,
Click on the link on the first page, then when it says "save", browse to your metatrader folder in the "Program Files" folder, go into "experts" folder and save it there. Then close your MT4 and restart it again, and it should be under the "experts advisors" tab. Drag it on any chart and make sure "experts" button is green on top of page.
Hope it helps.
PipPete
  • #2,232
  • Oct 26, 2010 9:16am Oct 26, 2010 9:16am
Quoting forxsniper1
Lawgirl I appreciate your help but I feel so stupid as I have no clue how to get that saved to my experts folder. Wish someone could talk me through the entire process as I think thats an awsome indicator to put on my charts
That is an EA that LG was talking about. If u want the one u mentioned from my charts then it's this one and goes into indicator folder.
See my reply to u on post 2213 (page 148) for details of how to see it on chart.

Thanks to gspe for creating this indi.
Attached File(s)
File Type: mq4 Lawgirl's Trend Display v1.00.mq4   11 KB | 554 downloads
  • #2,233
  • Oct 26, 2010 9:17am Oct 26, 2010 9:17am
Hi LG,

First I'd like to thank-you so much for sharing your system and continuing to support all of the followers in your thread.

I was wondering if anyone took the aud.nzd 3tap sell signal......price has since gone up so the H4 RSI has turned up and the trendline has actually been breached a little, but there was a legit 3tap when the bar opened and price was going down for a short time with W1 and D1 RSI both down.
Is there something that would have kept you out of this trade or should I just hang in there with my S/L?

Sorry, don't know how to post my chart yet.....
  • #2,234
  • Oct 26, 2010 9:24am Oct 26, 2010 9:24am
Quoting Ph22
I think the biggest thing we all have to remember here is that LG's thread is "almost naked" trading and is therefore heavily biased towards PA not RSI, BO boxes, etc. These are there to help find set-ups but we must remember that this is not a mechanical strategy. PA rules and therefore there will always be a need for trader discretion - even when all the stars align
Also, even when we do think we have the perfect set-up, the mkt can still kick our ass. We will never get 100%, so need to take the hit and move on....
Just read Ph22's post..........pretty much answers my question......
  • #2,235
  • Oct 26, 2010 9:31am Oct 26, 2010 9:31am
Quoting lawgirl21
...sometimes our very best efforts are just not enough....but thankfully, often they are.
Remember this, everybody!
  • #2,236
  • Oct 26, 2010 10:15am Oct 26, 2010 10:15am
Quoting Ph22
That is an EA that LG was talking about. If u want the one u mentioned from my charts then it's this one and goes into indicator folder.
See my reply to u on post 2213 (page 148) for details of how to see it on chart.

Thanks to gspe for creating this indi.
Thank you to everyone as now I have trend indicator capibilitites. Only question is that it installed into my custom indicators and will not let me modify the positioning. Is there anyway to get it into my indicators list that lets you adjust the imputs. Thanks in advance and This Forum Rocks!
  • #2,237
  • Oct 26, 2010 10:24am Oct 26, 2010 10:24am
Quoting forxsniper1
Thank you to everyone as now I have trend indicator capibilitites. Only question is that it installed into my custom indicators and will not let me modify the positioning. Is there anyway to get it into my indicators list that lets you adjust the imputs. Thanks in advance and This Forum Rocks!
If it is the one I posted above, then custom indicators is correct folder and u can move it around chart as explained in post 2213 (page 148)
If u are asking how to get to that window I posted there, right click on chart, choose indicator list, and double click on Indi and then u can change inputs. Hope that helps.
(FIO, indicator folder contains default indi's that come with MT4. Custom indi's are any u personally add.)
  • #2,238
  • Oct 26, 2010 10:31am Oct 26, 2010 10:31am
Quoting Ph22
If it is the one I posted above, then custom indicators is correct folder and u can move it around chart as explained in post 2213 (page 148)
If u are asking how to get to that window I posted there, right click on chart, choose indicator list, and double click on Indi and then u can change inputs. Hope that helps.
Yes it is PH. However it will not let the perameters be edited when in the custom indicators section. Do you know how I can move it to indicators list? Thanks in advance.
  • #2,239
  • Oct 26, 2010 10:31am Oct 26, 2010 10:31am
Quoting forxsniper1
Yes it is PH. However it will not let the perameters be edited when in the custom indicators section. Do you know how I can move it to indicators list? Thanks in advance.
u can't - see above.
  • #2,240
  • Oct 26, 2010 10:37am Oct 26, 2010 10:37am
Quoting Ph22
u can't - see above.
laughing... it will not let me edit any indicators that are in the custom indicators on the navigator bar to the left but the regular indicators can be adjusted. Maybe this is because I use this platform only for the indicators and its a practice account. I trade on another account?
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