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Trade What You See - Almost Naked Trading

  • #6,201
  • Dec 2, 2010 2:37am Dec 2, 2010 2:37am
Quoting NoFear
may i ask what mfe is?
MFE = maximum favorable excursion , the most that the trade went in my favor after entry before being stopped out.
  • #6,202
  • Edited 2:48am Dec 2, 2010 2:45am | Edited 2:48am
Quoting decades
long gbp/usd 1.5627

stop 1.5590
stopped -38

MFE +5

3 trades taken
0 wins 3losses total -107 pips

they sure looked promising when i entered , think i better call it a day
  • #6,203
  • Dec 2, 2010 2:54am Dec 2, 2010 2:54am
Trades I took today and expecting to take... great for scalping and cathing big moves
Attached Image (click to enlarge)
Click to Enlarge Name: Picture 3.png Size: 64 KB
  • #6,204
  • Dec 2, 2010 3:05am Dec 2, 2010 3:05am
Quoting snatch
Trades I took today and expecting to take... great for scalping and cathing big moves
I almost threw my back out laughing so hard at your post .
  • #6,205
  • Dec 2, 2010 3:20am Dec 2, 2010 3:20am
Quoting decades
I almost threw my back out laughing so hard at your post .

not as much as i am laughing mate; already 80 pips up for the morning
  • #6,206
  • Dec 2, 2010 3:24am Dec 2, 2010 3:24am
Quoting snatch
not as much as i am laughing mate; already 80 pips up for the morning

laugh at this as well, i am off to the bank, with your money
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Click to Enlarge Name: Picture 4.png Size: 64 KB
  • #6,207
  • Dec 2, 2010 3:43am Dec 2, 2010 3:43am
Quoting snatch
laugh at this as well, i am off to the bank, with your money
Looks like you love oranges a lot. Go south brother
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #6,208
  • Dec 2, 2010 3:46am Dec 2, 2010 3:46am
Quoting snatch
laugh at this as well, i am off to the bank, with your money
Looks like you're on Ice
In the days of old when sailors were bold, and seldom if ever contented.
  • #6,209
  • Dec 2, 2010 3:52am Dec 2, 2010 3:52am
GBP/USD 3Tap on 4hr chart... I'm in at 5646
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Click to Enlarge Name: gbp-usd 4hr.jpg Size: 101 KB
In the days of old when sailors were bold, and seldom if ever contented.
  • #6,210
  • Dec 2, 2010 3:57am Dec 2, 2010 3:57am
Quoting pt49
GBP/USD 3Tap on 4hr chart... I'm in at 5646
pt49 what broker do u use ?
  • #6,211
  • Dec 2, 2010 3:57am Dec 2, 2010 3:57am
Quoting pt49
Looks like you're on Ice
i just follow the price; i do not trade or bias any particular direction; i sold euro and pound twice and baught them twice... and my day is done.. 120 pips plus spreads.. if you loose fear and apply simple trend lines and strategy of puts to cover your ass, then you will master this thing, especially if you do not loose SL, and puts instead and just manage trades rather than predict the market..

with best wishes
  • #6,212
  • Dec 2, 2010 4:03am Dec 2, 2010 4:03am
Quoting florins
pt49 what broker do u use ?
Varengoldbank... in Germany
In the days of old when sailors were bold, and seldom if ever contented.
  • #6,213
  • Dec 2, 2010 4:08am Dec 2, 2010 4:08am
Quoting pt49
Varengoldbank... in Germany
thay have also mt4 ? i ask because you chart seems to be more clear
  • #6,214
  • Dec 2, 2010 4:10am Dec 2, 2010 4:10am
Quoting snatch
i just follow the price; i do not trade or bias any particular direction; i sold euro and pound twice and baught them twice... and my day is done.. 120 pips plus spreads.. if you loose fear and apply simple trend lines and strategy of puts to cover your ass, then you will master this thing, especially if you do not loose SL, and puts instead and just manage trades rather than predict the market..

with best wishes
Snatch

Could you please explain what is strategy of puts ?

Thanks

Gloworm
  • #6,215
  • Dec 2, 2010 4:11am Dec 2, 2010 4:11am
Quoting pt49
GBP/USD 3Tap on 4hr chart... I'm in at 5646

me to in and out back in soon I think
in @ 1.56344 4:42 out @ 1.56658 4:43 why can't it be like that on every trade
  • #6,216
  • Dec 2, 2010 4:19am Dec 2, 2010 4:19am
Quoting florins
thay have also mt4 ? i ask because you chart seems to be more clear
Ummm... I think it may be clearer because its Black on White.

Or if you meant that the setup is clearer... I think that the chart posted by Decades was over 2 hours b4 mine, and his current candle was not fully formed. Plus different broker obviously.
In the days of old when sailors were bold, and seldom if ever contented.
  • #6,217
  • Dec 2, 2010 4:22am Dec 2, 2010 4:22am
Quoting gloworm
Snatch

Could you please explain what is strategy of puts ?

Thanks

Gloworm
Snatch looks like a pest.
In the days of old when sailors were bold, and seldom if ever contented.
  • #6,218
  • Dec 2, 2010 4:54am Dec 2, 2010 4:54am
Great tool. Thx.

Does it draw diff lines on diff TFs (H1, H4, D1...) or is it the same line regardless of TF on display?

Also, does it automatically repaint when a new bar appears or do we have to reload the EA for it to redraw?

Thx.

Quoting LFB
LawGirl
Here is EA that i have wrote. It marks automatically 3 taps with set tolerance. It doesn't open any trades. Maybe you will find it useful.
Here is short description.
It searches for two earlier candles for current candle that will create three tap with current one. Search is done in defined number of candles 30 at default and is done from current backward.
Same time both search for uptrend and downtrend is performed. If three tap is found and both Daily and weekly RSIs are in agreement with trend line, except marking alarm notification...
  • #6,219
  • Dec 2, 2010 4:59am Dec 2, 2010 4:59am
Quoting LFB
LawGirl
Here is EA that i have wrote. It marks automatically 3 taps with set tolerance. It doesn't open any trades. Maybe you will find it useful.
Here is short description.
It searches for two earlier candles for current candle that will create three tap with current one. Search is done in defined number of candles 30 at default and is done from current backward.
Same time both search for uptrend and downtrend is performed. If three tap is found and both Daily and weekly RSIs are in agreement with trend line, except marking alarm notification...
Thanks for sharing

I tried your indicator but it's don't work
Sorry for my English
  • #6,220
  • Dec 2, 2010 5:04am Dec 2, 2010 5:04am
Quoting CollectPIPS
Great tool. Thx.

Does it draw diff lines on diff TFs (H1, H4, D1...) or is it the same line regardless of TF on display?

Also, does it automatically repaint when a new bar appears or do we have to reload the EA for it to redraw?

Thx.
http://www.forexfactory.com/showpost...postcount=6200
TTFN Merlyn
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