RSIs all down. Looks like a BO setup.
Edit: Sorry, wrong pair in title...correct chart AUDUSD
Edit: Sorry, wrong pair in title...correct chart AUDUSD
Looking on a naked chart, can you pick the best strategy? 32 replies
How do you see trading - Do you see it as a means to an end? 12 replies
Can you tell with naked eyes? 151 replies
Bow's trading journal 2 (almost naked trading on m5) 26 replies
Trading as naked as you can get 0 replies
DislikedHope everyone has a nice weekend. Im done for the week. Total this week on Law Girl Trades is 515 plus about 250 cooking on a Monthly 3tap eurusd. Please dont take this as bragging , Im am just giving stats on how Im doing on Law girl trades. Also unless their are objections I will post Live Quotes from another account I have that opens early on Sunday (1pm est) around 4:45pm est to give reference for Gaps trades on Sunday.
Take Care
JayIgnored
DislikedJay: Outstanding; glad to know it can be done. You deserve to be proud!
I had 150 pips after several foolish mistakes; howeverl I jumped in Eu short as soon as I awoke this morning NY time zone. I used to have a rule to watch mkt. for 30 minutes before trading. May dust it off...
SteveIgnored
DislikedWell, Jay, unless someone tops 515...beer is definitely on you this week! I am so happy for you! That is better than I did this week. (Teachers always want their students to surpass them!....[maybe not so quickly though])
It is very important to me to know how traders are doing here. So, everyone, please tell us how you are doing...good or bad. That is the only way I can tell if this is worth my time or not.
And yes, please post your earlier market open for us on Sunday..let's see if we can get an advantage from it. Have a great weekend!...Ignored
DislikedIt's a litle risky, but not much. Generally the only thing that will happen is that the trade will not trigger..or which is more likely, that the trade will trigger and the TP will be off. That is why I said earlier that it is a good idea not to try to bank a week's pips on this kind of trade. Stay modest with TP of 20-30 pips.
As far as watching the RSI directions after the trade triggers..they are generally going to go in different directions, especially on the lower TFs. As long as the weekly is still with us, especially from about Wednesday...Ignored
DislikedHow does someone keep track of all pips earned/lost? Do you write down every trade that you enter? When you say"pips"? is that assuming one lot per trade or are you multiplying by the number of lots? Would it be easier to keep track of money earned as all you would have to do is starting balance at start of week, and end balance at end of week (maybe everyoen can trade just one lot per trade) ... I don't really have the answer to this one, just tryign to see if there is a consistent way to report this number. Cheers.Ignored
DislikedHi Lawgirl
My weekly pips are 132 for the week, using your superb strategy, this is my 1st week using, so I am made up with it, many many thanks, you are an angel, and have a great weekend,
Tom (UK)Ignored
DislikedWell, Jay, unless someone tops 515...beer is definitely on you this week! I am so happy for you! That is better than I did this week. (Teachers always want their students to surpass them!....[maybe not so quickly though])
It is very important to me to know how traders are doing here. So, everyone, please tell us how you are doing...good or bad. That is the only way I can tell if this is worth my time or not.
And yes, please post your earlier market open for us on Sunday..let's see if we can get an advantage from it. Have a great weekend!...Ignored
DislikedHi Lawgirl
My results for the week. +315 and that is only trading Uk session with no overnight trades
Many thanks for sharing once again.. Cant wait for sunday night to start now.Ignored
DislikedHere is an example of setting a TF too remote for a pending order. This short BO trade triggered overnight, but my TP was set at 60 pips. As you can see, had it been no more than 30 pips, it would have hit profit. I did not take my own advice..
But because of the weekly trend and now daily and H4 I should hit profit.Ignored
DislikedHope everyone has a nice weekend. Im done for the week. Total this week on Law Girl Trades is 515 plus about 250 cooking on a Monthly 3tap eurusd.
Take Care
JayIgnored