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Trade What You See - Almost Naked Trading

  • #5,821
  • Nov 29, 2010 4:50am Nov 29, 2010 4:50am
Be patient... I wasn't, and got burnt.
In the days of old when sailors were bold, and seldom if ever contented.
  • #5,822
  • Nov 29, 2010 4:53am Nov 29, 2010 4:53am
Quoting TheMonk
I am trying to do the 1hr breakouts but how do people get the channels for the breakout - do you use the last hour candle from the previous 4 hour and use that or the first 2 hours in the new 4 hour period ?
read Page 1 and Post 1 its
all explaned
There`s no life before COFFEE!
  • #5,823
  • Nov 29, 2010 4:54am Nov 29, 2010 4:54am
Quoting pt49
Be patient... I wasn't, and got burnt.
got burned a little bit too
There`s no life before COFFEE!
  • #5,824
  • Nov 29, 2010 4:58am Nov 29, 2010 4:58am
Quoting TheMonk
Hi

Anyone trading this method from London, UK

Its boring waiting for the candles lol
You won't make money in this business unless you learn patience. I have stalked a trade for more than 8 hours when I finally started doing private. When I was working with a trading house, I could wait for more than 24 hours for just one trade . Patience my friend, patience.

PC2
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #5,825
  • Nov 29, 2010 5:00am Nov 29, 2010 5:00am
Quoting Precap2
You won't make money in this business unless you learn patience. I have stalked a trade for more than 8 hours when I finally started doing private. When I was working with a trading house, I could wait for more than 24 hours for just one trade . Patience my friend, patience.
PC2
Being hasty always leads to the dark side, be patient and may the Force be with you.
  • #5,826
  • Nov 29, 2010 5:01am Nov 29, 2010 5:01am
i have downloaded the trend display indicator and installed in my M4 under indicators, the problem is it does not show when I attach it to the charts. please help.

regards
bayana2020
Bay The earth is the Lord's and the fullness thereoff.
  • #5,827
  • Nov 29, 2010 5:02am Nov 29, 2010 5:02am
Gold just did a H1 BO for short. I'm in. Can't post chart now.
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #5,828
  • Nov 29, 2010 5:23am Nov 29, 2010 5:23am
Quoting bayana2020
i have downloaded the trend display indicator and installed in my M4 under indicators, the problem is it does not show when I attach it to the charts. please help.

regards
bayana2020
Read page 1 properly
In the days of old when sailors were bold, and seldom if ever contented.
  • #5,829
  • Nov 29, 2010 5:29am Nov 29, 2010 5:29am
Eurchf 1h bo / eurjpy 1h bo
Attached Image(s) (click to enlarge)
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  • #5,830
  • Nov 29, 2010 5:34am Nov 29, 2010 5:34am
EurJpy, EurChf BO
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  • #5,831
  • Nov 29, 2010 5:34am Nov 29, 2010 5:34am
EURUSD 1H BO

daily rsi not in full direction, but i give it a try.
EUR looks under real pressure at the moment.
Attached Image (click to enlarge)
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  • #5,832
  • Nov 29, 2010 5:36am Nov 29, 2010 5:36am
Quoting Pip26
EurJpy, EurChf BO
confirmed
  • #5,833
  • Nov 29, 2010 5:37am Nov 29, 2010 5:37am
Quoting bayana2020
i have downloaded the trend display indicator and installed in my M4 under indicators, the problem is it does not show when I attach it to the charts. please help.

regards
bayana2020
Restart your metatrader and be sure your RSI is set to 3 from the default of 14
  • #5,834
  • Nov 29, 2010 5:42am Nov 29, 2010 5:42am
EurCad BO
Attached Image (click to enlarge)
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  • #5,835
  • Nov 29, 2010 5:45am Nov 29, 2010 5:45am
Quoting pt49
Read page 1 properly
I have read page 1@pt49 over and over is there anything i m missing. if you can help i will be grateful
Bay The earth is the Lord's and the fullness thereoff.
  • #5,836
  • Nov 29, 2010 5:45am Nov 29, 2010 5:45am
Quoting Centu
confirmed
  • #5,837
  • Nov 29, 2010 6:00am Nov 29, 2010 6:00am
CHFJPY BO?

Attached Image (click to enlarge)
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Always Learning
  • #5,838
  • Nov 29, 2010 6:03am Nov 29, 2010 6:03am
Quoting Pip26
EurCad BO
looks also promising, but spread is too high with my broker (7).
  • #5,839
  • Nov 29, 2010 6:13am Nov 29, 2010 6:13am
Quoting lawgirl21
As pt and others have said, there is more profit in the higher TFs, less noise. One reason people don't like them, however, is that it is like watching paint dry to watch a trade on the higher TFs. Alot of traders are "action junkies" and want the rush of the shorter trade.

I have to admit, I will jump into a quicker trade sometimes, just for the action, but real money and profits are made from the longer TFs.
i also like to watch quicker PA, but at the end result made me so several losing trades, just for jumping the news, on h1 when news hit the market we have up and downs , that made me sl activated several times , but when switch to d1 its more stable to trade ! And at the end your system works , but i cannot control my behavior on lower TF
but i am not going live till i master this D1 on demo! i cannot afford to make mistake on D1 tl , because sl must be big!
Attached Image (click to enlarge)
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Help to be helped.
  • #5,840
  • Nov 29, 2010 6:20am Nov 29, 2010 6:20am
If your are trading live, put on your Higher TF trades there and switch to Demo if you need the "Action" that way you dont mess up your bottom line on the live account. LG has mentioned many times about switching to demo when weekly goals are met or in your case , and mine too, when seeking action that you know in the long run is fun but "risky trading" Didnt realize you were trading only demo . Jumped the gun with this response Sorry
Quoting Lazar83
i also like to watch quicker PA, but at the end result made me so several losing trades, just for jumping the news, on h1 when news hit the market we have up and downs , that made me sl activated several times , but when switch to d1 its more stable to trade ! And at the end your system works , but i cannot control my behavior on lower TF
Always Learning
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