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Trade What You See - Almost Naked Trading

  • #9,821
  • Jan 20, 2011 12:34pm Jan 20, 2011 12:34pm
I would like to introduce this method developed by TRO at http://kreslik.com/forums/viewtopic....er=asc&start=0

From TRO post the rules are the follow:
Quote
You really do NOT need any indicators.

LONG ENTRY CRITERIA:

1) RED CANDLE CLOSES

2) GREEN CANDLE CLOSES

3) PRICE TOUCHES HIGH OF PREVIOUS GREEN CANDLE - ENTER LONG.

STOP LOSS IS ALWAYS 10 PIPS.

TAKE PROFIT WHEN YOU CAN.

the opposite for SHORT ENTRY.
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  • #9,822
  • Jan 20, 2011 1:04pm Jan 20, 2011 1:04pm
gspe - please show some respect towards Lawgirl and refrain from posting about other methods on this thread.
  • #9,823
  • Jan 20, 2011 1:22pm Jan 20, 2011 1:22pm
Quoting Shearer9
gspe - please show some respect towards Lawgirl and refrain from posting about other methods on this thread.
^that^
"You Never Know.....Until You Find Out."
  • #9,824
  • Jan 20, 2011 1:51pm Jan 20, 2011 1:51pm
Quoting gspe
I would like to introduce this method developed by TRO at http://kreslik.com/forums/viewtopic....er=asc&start=0

From TRO post the rules are the follow:


the opposite for SHORT ENTRY.
What are you thinking, gspe?
  • #9,825
  • Jan 20, 2011 2:04pm Jan 20, 2011 2:04pm
Quoting lawgirl21
What are you thinking, gspe?
Take a hike
  • #9,826
  • Jan 20, 2011 2:04pm Jan 20, 2011 2:04pm
Quoting lawgirl21
What are you thinking, gspe?
Sorry Lawgirl,
i just looked at the chart, this is a naked trading thread, right?
And i saw that this pattern is shown time after time, and is good in this period of Ranging Market.

But it's not my original ideas, so I have to cite sources, this is the reason for the link to TRO forum.
  • #9,827
  • Jan 20, 2011 3:11pm Jan 20, 2011 3:11pm
GSPE... I apologize to you..
it wasn't a hijack attempt
you are being respectful..
I've holstered my weapon.
Sorry.

btw... I'm gone through the weekend.
My father passed away on the 10th and
its time to honor a kind and faithful man.
91 years old.
Here's to YOU pop!
Cheers,
G.
"You Never Know.....Until You Find Out."
  • #9,828
  • Jan 20, 2011 3:16pm Jan 20, 2011 3:16pm
Quoting goldenequity
GSPE... I apologize to you..
it wasn't a hijack attempt
you are being respectful..
I've holstered my weapon.
Sorry.

btw... I'm gone through the weekend.
My father passed away on the 10th and
its time to honor a kind and faithful man.
91 years old.
Here's to YOU pop!
Cheers,
G.
G...My thoughts are with you.
A very sad thing to hear.
Cheers...
Listen to the whispers.... You may learn something
  • #9,829
  • Jan 20, 2011 3:34pm Jan 20, 2011 3:34pm
Quoting goldenequity
GSPE... I apologize to you..
it wasn't a hijack attempt
you are being respectful..
I've holstered my weapon.
Sorry.

btw... I'm gone through the weekend.
My father passed away on the 10th and
its time to honor a kind and faithful man.
91 years old.
Here's to YOU pop!
Cheers,
G.
I'm sorry to hear about your dad, too. We never really get over the death of our parents. I think of mine each and every day...
  • #9,830
  • Jan 20, 2011 4:03pm Jan 20, 2011 4:03pm
Hi GE....I'd be really interested to hear about your MM and targets...I find its a double edged sword when to take profits, either too early, but know if I left a percentage of winning trades to run it would be very profitable...but with pull backs then taking your original positions out - how do you know if your in a good longer term trade?

I am sorry to hear about the loss of your Father, my condolences.

Quoting goldenequity


Sorry.. I'm used to it I guess.
It is showing the GBPUSD support levels in red.
The even numbered levels in yellow... 1.5800/1.5700/1.5600 etc.
I use it for reference only.... It's my long range radar... and relaxes me
during trend resistance.

My style is to buy and hold for days at a time/ position trading when I can..
add positions along the way....
and yessssss.... not the 1.5400...
but the 1.5600 target looks very tempting atm.
  • #9,831
  • Jan 20, 2011 4:09pm Jan 20, 2011 4:09pm
anyone catch this one
NICE broke through support an now bouncing on resitance
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  • #9,832
  • Jan 20, 2011 5:00pm Jan 20, 2011 5:00pm
Quoting dryclean
anyone catch this one
NICE broke through support an now bouncing on resitance
break through support : sell.

you mean it vice cersa
Hero calls followed by margin calls...
  • #9,833
  • Jan 20, 2011 6:26pm Jan 20, 2011 6:26pm
Sorry should have been more clear.
I bought in at 134523 broke through resistance at 135363
Now bouncing around 136609

My internet connection is suspect so had limited time to make the post
thank god I run my mt4 on a vps
  • #9,834
  • Jan 20, 2011 8:29pm Jan 20, 2011 8:29pm
Looking for a CBO/H1 4C BO
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  • #9,835
  • Jan 20, 2011 8:32pm Jan 20, 2011 8:32pm
Pretty much the same here. In consolidation for about 9 hours.
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  • #9,836
  • Jan 20, 2011 8:35pm Jan 20, 2011 8:35pm
And here.
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  • #9,837
  • Jan 20, 2011 8:39pm Jan 20, 2011 8:39pm
CBO?
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  • #9,838
  • Jan 20, 2011 9:06pm Jan 20, 2011 9:06pm
Just went long.
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  • #9,839
  • Jan 20, 2011 9:09pm Jan 20, 2011 9:09pm
What about EURJPY BO up?
With God all things are possible.
  • #9,840
  • Jan 20, 2011 9:09pm Jan 20, 2011 9:09pm
Long this pair.
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