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Trade What You See - Almost Naked Trading

  • #9,761
  • Jan 19, 2011 7:54pm Jan 19, 2011 7:54pm
Quoting lawgirl21
H1 Chart and M15 chart.

Because I didn't like the looks of the pinbar and the red candle, I'll wait for the next candle to close and if PA is continuing up...enter long on the next candle.

Hope this helps. I know it is confusing.
Lawyer girl 1 hr chart date separator is 1 hr ahead of my 1 hr chart.On her 1 hr chart it began with a bear candle and on mine is a bull candle.Although she has already entered long on the 15 min chart,I can't because I am in still in the 4 hr boundary.
With God all things are possible.
  • #9,762
  • Jan 19, 2011 7:55pm Jan 19, 2011 7:55pm
Quoting lawgirl21
I set a pending short order on this pair and am done for the night.

ok, goodnite LG!
  • #9,763
  • Jan 19, 2011 8:28pm Jan 19, 2011 8:28pm
Quoting Fitness09
Not sure what has been going on in my brain, but the last week and a half, I have lost a ton! I was pretty consistent on picking good trades, and I don't think I changed anything, but it just seems like every single trade I go in to, I end up losing. What do you do when you are on a consistent losing streak?
I know what you mean lately it seems like if i were to just pick the opposite way i think it will go i would have been a winner.
Like change my take profit line and make that my stop loss and have the stop loss as my profit.
Some time it seems like just when i enter the trade the market changes and goes the other way, very frustating.
i will just have to keep learning and keep moving forward.
  • #9,764
  • Jan 19, 2011 8:51pm Jan 19, 2011 8:51pm
Quoting kauaibobby
I know what you mean lately it seems like if i were to just pick the opposite way i think it will go i would have been a winner.
Like change my take profit line and make that my stop loss and have the stop loss as my profit.
Some time it seems like just when i enter the trade the market changes and goes the other way, very frustating.
i will just have to keep learning and keep moving forward.
I have the same problem like you. sometime i wait for 1Hr candle to close outside S/L but yet it still turn back.
  • #9,765
  • Jan 19, 2011 8:59pm Jan 19, 2011 8:59pm
Hi Everyone... Need your help. Did i sell at the right time ? the whole 1hr candle is outside the support line. thank for the advice
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  • #9,766
  • Jan 19, 2011 9:16pm Jan 19, 2011 9:16pm
You should be looking at the 15 min chart to enter short(sell)after the candle closes below the line and price action (PA) is down.
With God all things are possible.
  • #9,767
  • Edited 3:52am Jan 20, 2011 2:54am | Edited 3:52am
a manual trend line for this methode in 3 tap H4, begin forever on the last most hight or low ? and the second tap is on the closed 2nd candle by defaut ? reajusted after for the 2nd most high / low ?

no lil' indicator for do that by curiosity ?
  • #9,768
  • Jan 20, 2011 3:58am Jan 20, 2011 3:58am
will be interesting to watch today, flirting around 1.00000 yet many important news coming out today which can make a significant move each direction
Blessed are they who maintain justice, who constantly do what is right.
  • #9,769
  • Jan 20, 2011 4:44am Jan 20, 2011 4:44am
Quoting Lorka85
a manual trend line for this methode in 3 tap H4, begin forever on the last most hight or low ? and the second tap is on the closed 2nd candle by defaut ? reajusted after for the 2nd most high / low ?

no lil' indicator for do that by curiosity ?
IMHO, the tap can be anywhere in the 4H candles of the current week.

Please read the first post and the first few pages of this thread for some good examples of 3 Tap 4H trades.

Please read this post about a tap indicator:
http://www.forexfactory.com/showpost...postcount=6110

Hope this helps.
  • #9,770
  • Jan 20, 2011 5:17am Jan 20, 2011 5:17am
Good morning peeps, is this thing finally gonna take off or not? LOOONG H4 consolidation...
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  • #9,771
  • Jan 20, 2011 5:25am Jan 20, 2011 5:25am
on a 4hr consolidation what timeframe to use to confirm break above S/R? M15 too?
  • #9,772
  • Jan 20, 2011 5:36am Jan 20, 2011 5:36am
Quoting ConstantFX
on a 4hr consolidation what timeframe to use to confirm break above S/R? M15 too?
IMHO, a good choice would be 1H and then 15M.

Love to hear what people here think!
Thank you!
  • #9,773
  • Jan 20, 2011 5:42am Jan 20, 2011 5:42am
Quoting lawgirl21
I set a pending short order on this pair and am done for the night.
Pending order triggered. SL hit -45 pips.
  • #9,774
  • Jan 20, 2011 5:48am Jan 20, 2011 5:48am
Breaking out
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  • #9,775
  • Jan 20, 2011 5:52am Jan 20, 2011 5:52am
BO
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  • #9,776
  • Jan 20, 2011 5:54am Jan 20, 2011 5:54am
BO
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  • #9,777
  • Jan 20, 2011 5:56am Jan 20, 2011 5:56am
BO
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  • #9,778
  • Jan 20, 2011 5:57am Jan 20, 2011 5:57am
usdjpy worked well for me, totally up +20 pips.
  • #9,779
  • Jan 20, 2011 5:58am Jan 20, 2011 5:58am
A beauty...
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  • #9,780
  • Jan 20, 2011 6:04am Jan 20, 2011 6:04am
Quoting ConstantFX
usdjpy worked well for me, totally up +20 pips.
That's great. Watch the H4 candle change carefully though. Don't give it back.
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