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Trade What You See - Almost Naked Trading

  • #7,781
  • Dec 28, 2010 7:47am Dec 28, 2010 7:47am
Quoting geula4
I am not sure.
Are you using Lawgirl's Trend Display v1.02 indicator?
Here is the post:
http://www.forexfactory.com/showpost.php?p=4127792

Did you change any of the settings?
Your RSI period is 5, not 3?
The change of this RSI period only afect the RSI blue line of the chart, to change the period of Lawgirl's Trend Display v1.02 u have to set it up in the code lines, and i didnīt do that, anyway look at the value and the slope of the 4hr RSI line, so imho that arrow should be pointing donw.

Sorry for the persistence, i just wanna clarify this point.
Sorry bad english, iīm brazilian.

Thankīs to the replies
Suba
  • #7,782
  • Dec 28, 2010 7:49am Dec 28, 2010 7:49am
Quoting geula4
Good to know that it helps someone
Continued thanks for helping out so much, geula.
  • #7,783
  • Dec 28, 2010 7:52am Dec 28, 2010 7:52am
Quoting lawgirl21
Continued thanks for helping out so much, geula.
LG,

My pleasure, really!

Referring to post 7773 above:
Perhaps you can help Suba with his question about the RSI indicator?
I don't know why his 1H And 4H RSI indicator is sideways...
  • #7,784
  • Dec 28, 2010 7:54am Dec 28, 2010 7:54am
2 BOs...the first a regular H1 4C BO worth about 30 pips, the second one after a little "stall"/consolidation BO worth about 50 pips.
Attached Image
  • #7,785
  • Dec 28, 2010 7:55am Dec 28, 2010 7:55am
Conrats to everyone who made good pips out of this one.

IMHO, we need to look for a possible *future* ZC setup here:
If price moves back down from the 1.4680-1.4700 area...
  • #7,786
  • Dec 28, 2010 8:12am Dec 28, 2010 8:12am
This pair was totally off my radar..good for about 90 pips.
Attached Image
  • #7,787
  • Edited 8:23am Dec 28, 2010 8:12am | Edited 8:23am
I'm not sure what your question is...the fact that it shows in the window would imply to me that it is working. You have your RSI set to 5 periods so the arrows are not going to be the same as most charts posted on this thread. If you set your RSI to 3 (don't forget to change the indicator to RSI(3) as well) you should have similar arrow directions as most posters.

Keep in mind that different data values (from different brokers) will show different results. This is my H4 UJ chart with a 5 period RSI.

Attached Image (click to enlarge)
Click to Enlarge Name: uj-12-28-10-h4.gif Size: 11 KB


Quoting Suba
Hi all
I think my RSI indicator is not working well anymore, see picture below, with this candle formation, the 1 hr ad 4 hr arrows have to be pointing down, does anyone agre with me?
Thankīs
Suba
Listen to the whispers.... You may learn something
  • #7,788
  • Dec 28, 2010 8:15am Dec 28, 2010 8:15am
A ZC trade setting up..
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  • #7,789
  • Dec 28, 2010 8:19am Dec 28, 2010 8:19am
Another beauty...
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  • #7,790
  • Dec 28, 2010 8:23am Dec 28, 2010 8:23am
Quoting geula4
Conrats to everyone who made good pips out of this one.

IMHO, we need to look for a possible *future* ZC setup here:
If price moves back down from the 1.4680-1.4700 area...
Looks like the ZC is starting the continuation..
  • #7,791
  • Dec 28, 2010 8:25am Dec 28, 2010 8:25am
ZC Chart
Attached Image
  • #7,792
  • Dec 28, 2010 8:29am Dec 28, 2010 8:29am
Quoting lawgirl21
ZC Chart
IMHO, SL at 1.4700 TP open.
LG and everyone, what do you think?
  • #7,793
  • Dec 28, 2010 8:32am Dec 28, 2010 8:32am
Im in this trade.
Attached Image
  • #7,794
  • Dec 28, 2010 8:32am Dec 28, 2010 8:32am
IMHO, SL 0.8520 TP 0.8590.

Needless to say, this is just my opinion and a suggestion.
Please monitor PA closely and trade on your own risk.

Please feel free to agree/disagree with my ideas and correct me if wrong.
Good pips to all!
  • #7,795
  • Dec 28, 2010 8:38am Dec 28, 2010 8:38am
Quoting geula4
IMHO, SL 0.8520 TP 0.8590.

Needless to say, this is just my opinion and a suggestion.
Please monitor PA closely and trade on your own risk.

Please feel free to agree/disagree with my ideas and correct me if wrong.
Good pips to all!

Hi geula4, i'm IN this trade too.
if u don't mind, how do you derive TP as 0.8590?
  • #7,796
  • Dec 28, 2010 8:41am Dec 28, 2010 8:41am
Quoting kedridder
Hi geula4, if u don't mind, how do you derive TP as 0.8590?
Please look at the LG's chart in post #7788.
That is the area where price moved up to (before going back down and now continuing back up...)

Seems logical to me that price will try to move back up there.
But please trade carefully...
  • #7,797
  • Dec 28, 2010 8:43am Dec 28, 2010 8:43am
Quoting geula4
IMHO, SL 0.8520 TP 0.8590.

Needless to say, this is just my opinion and a suggestion.
Please monitor PA closely and trade on your own risk.

Please feel free to agree/disagree with my ideas and correct me if wrong.
Good pips to all!

That's how I like to determine my TPs too..at the reversal.
Attached Image
  • #7,798
  • Dec 28, 2010 8:44am Dec 28, 2010 8:44am
Quoting geula4
Please look at the LG's chart in post #7788.
That is the area where price moved up to (before going back down and now continuing back up...)

Seems logical to me that price will try to move back up there.
But please trade carefully...

ahh...... same reason as mine. just wana get a confirmation here.
thanks.
  • #7,799
  • Dec 28, 2010 8:44am Dec 28, 2010 8:44am
Quoting lawgirl21
That's how I like to determine my TPs too..at the reversal.
That reversal area is just a resistance area, which price might try to visit again..
  • #7,800
  • Dec 28, 2010 8:50am Dec 28, 2010 8:50am
Quoting geula4
That reversal area is just a resistance area, which price might try to visit again..
Exactly right
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