Trade What You See - Almost Naked Trading | Page 360 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Trade What You See - Almost Naked Trading
Exit Attachments

Trade What You See - Almost Naked Trading

  • #7,181
  • Dec 16, 2010 10:32am Dec 16, 2010 10:32am
Peak of retrace (orange line) appears to be acting as resistence for now.
Attached Image
  • #7,182
  • Dec 16, 2010 10:38am Dec 16, 2010 10:38am
Quoting geula4
CHF/JPY moving up to 87.00
A pip in the hand is better than two on the bush...

Good pips for everyone
  • #7,183
  • Dec 16, 2010 10:43am Dec 16, 2010 10:43am
Quoting templario
good evening from spain...
Lg...can I introduce some "extra" elements of price action in your set ups.
I am thinking in outside bars and pinbars. They´re very powerfull to set entry points. In this example EURGBP we have a very powerfull bearish outside bar. I took it as my entry point. We have it in 1H and 4H. Tell me your opinion please.
Thanks and happy trading.
Thanks for the suggestion templario. No, I would rather not start a discussion of candle patterns here. I was a member of J16 for awhile and while I did learn alot..the constant discussion of candle patterns appeared to me, to be larger than the trading itself.

Then there is the problem of one trader seeing candles differently than another trader. For example, I don't see the outside engulfing bars on your charts that you pointed out, as I understand them. So we would have to have a discussion about that.

I believe our entries are pretty clear, although there is discretion, as there should be.
  • #7,184
  • Dec 16, 2010 11:06am Dec 16, 2010 11:06am
A very interesting situation with gold. Daily divergence tells us to go short.
But PA can't pass fibo support level. And if it will, then ~200 pips of pure profit awaits us.

Attached Image (click to enlarge)
Click to Enlarge Name: gold.jpg Size: 141 KB

Anyway I have managed to make 70pips on morning short downward impuls. Still looking for short entry..
  • #7,185
  • Dec 16, 2010 11:09am Dec 16, 2010 11:09am
Is this a 3T 4h working out?
Attached Image (click to enlarge)
Click to Enlarge Name: uc.gif Size: 21 KB
We trade to live not live to trade................
  • #7,186
  • Dec 16, 2010 11:12am Dec 16, 2010 11:12am
Yes, it is. But look at RSI, it in a disagreement with your trend support line.
  • #7,187
  • Dec 16, 2010 11:22am Dec 16, 2010 11:22am
ok LG...thanks for your reply.
nice trading
  • #7,188
  • Dec 16, 2010 11:35am Dec 16, 2010 11:35am
3180 support held again.
  • #7,189
  • Dec 16, 2010 1:05pm Dec 16, 2010 1:05pm
On my opinion,i;ve observed that the market is indecisive consolidating, it's normal thing to happen by this time coz its the end of the year trading.i will keep staying aside for now untill i see a clear direction. so far if 1.3250-70 resisitance area holds,and clear break below 1.3180 will test 1.3075-30 area.
forexpillariscipline & patience Trader
  • #7,190
  • Dec 16, 2010 1:12pm Dec 16, 2010 1:12pm
Quoting Ph22
3180 support held again.
Tell me about it dude, I was short on that quick BO and missed my TP by 1 stinking pip and retraced all the way while I was seeing a crying baby patient... Oh well, more cushion next time...
Market was crazy today. no clear direction anywhere...
  • #7,191
  • Dec 16, 2010 3:38pm Dec 16, 2010 3:38pm
Hey there everyone,

How are you all doing?

And how about cadchf - 3tap on the daily&4H...
  • #7,192
  • Dec 16, 2010 3:45pm Dec 16, 2010 3:45pm
And here is another 3tap...
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.gif Size: 21 KB
  • #7,193
  • Dec 16, 2010 4:26pm Dec 16, 2010 4:26pm
Quoting The Sage
And here is another 3tap...
Very nice 3 Tap on the daily chart. I have moved down to the H1 chart and wait for BO from that consolidation.
Attached Image (click to enlarge)
Click to Enlarge Name: 4extra.gif Size: 13 KB
  • #7,194
  • Dec 16, 2010 4:33pm Dec 16, 2010 4:33pm
ZC setting up. Check out the RSIs
Attached Image (click to enlarge)
Click to Enlarge Name: 4extra.gif Size: 14 KB
  • #7,195
  • Dec 16, 2010 4:35pm Dec 16, 2010 4:35pm
Quoting lawgirl21
Very nice 3 Tap on the daily chart. I have moved down to the H1 chart and wait for BO from that consolidation.
Same here

How are you LG? It's been a while since my last post...
  • #7,196
  • Dec 16, 2010 4:44pm Dec 16, 2010 4:44pm
Quoting lawgirl21
ZC setting up. Check out the RSIs
ZC?
  • #7,197
  • Dec 16, 2010 4:49pm Dec 16, 2010 4:49pm
Quoting The Sage
Same here

How are you LG? It's been a while since my last post...
I'm doing well. Where have you been? Just taking time off?
  • #7,198
  • Dec 16, 2010 4:50pm Dec 16, 2010 4:50pm
Quoting lawgirl21
Very nice 3 Tap on the daily chart. I have moved down to the H1 chart and wait for BO from that consolidation.

Nice to see some one else is looking at AU I was going to post the Ch but I'm not sure on that yet. I came across this tread a few weeks ago and at first it worked very well for me now it seems to have turned to mud. I will get it right in the end I know. Thanks to LG and all the other posters on this tread very helpful. Have a nice Xmas to all
  • #7,199
  • Dec 16, 2010 4:58pm Dec 16, 2010 4:58pm
Quoting lawgirl21
I'm doing well. Where have you been? Just taking time off?
It was a mix of things: a trip, lots of work, and problems with my internet connection due to bad weather. But, still Imanaged, here and there, to join some mondays' gap trading, which was very profitable
  • #7,200
  • Dec 16, 2010 5:05pm Dec 16, 2010 5:05pm
Quoting babnz48
Nice to see some one else is looking at AU I was going to post the Ch but I'm not sure on that yet. I came across this tread a few weeks ago and at first it worked very well for me now it seems to have turned to mud. I will get it right in the end I know. Thanks to LG and all the other posters on this tread very helpful. Have a nice Xmas to all
Hang in there dude. Keep practicing, go back to demo account if you have to, or at least to mini-account; analyze your mistakes; take safer trades; read this thread; ask questions; and be patient... it WILL become easier!

Happy Xmas!
7 traders viewing now