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Trade What You See - Almost Naked Trading

  • #12,261
  • Mar 14, 2011 9:34pm Mar 14, 2011 9:34pm
Quoting Fitness09
Attachment
You can see on the chart that my day starts 3 candles after LG's How can I catch the BOs if I am always behind in candles?
I feel for you. I'm in the same boat with Interbank. It was two hrs before the time change. Just going to have to watch it closer to LG's I guess! Their was a lot of good trades I missed today. I was waiting for the fourth hr. then realized I would be chasing the trade and I've gotten in trouble before doing that. Just going to wait for the next consolidation and breakout.
  • #12,262
  • Mar 14, 2011 10:40pm Mar 14, 2011 10:40pm
Quoting royalbowhunt
I feel for you. I'm in the same boat with Interbank. It was two hrs before the time change. Just going to have to watch it closer to LG's I guess! Their was a lot of good trades I missed today. I was waiting for the fourth hr. then realized I would be chasing the trade and I've gotten in trouble before doing that. Just going to wait for the next consolidation and breakout.
I guess we will have to start marking the first daily candles where she does instead of where they appear on our charts. At least then we will be in line with her. She designed her 4H BO system off of the first 4 candles SHE sees, but those candles are actually at the end of our day. I will just start my lines 3 candles back and see how that goes. Good looking out RBH
  • #12,263
  • Mar 15, 2011 12:32am Mar 15, 2011 12:32am
Quoting Fitness09
I guess we will have to start marking the first daily candles where she does instead of where they appear on our charts. At least then we will be in line with her. She designed her 4H BO system off of the first 4 candles SHE sees, but those candles are actually at the end of our day. I will just start my lines 3 candles back and see how that goes. Good looking out RBH

I changed "EndHours" to 3.0 (Candles), so the first 3 Candles are marked now and now my charts look just like LG`s charts... Simple isn`t it?

Maybe something similar could be good for your chart settings too?
There`s no life before COFFEE!
  • #12,264
  • Mar 15, 2011 12:36am Mar 15, 2011 12:36am
Quoting Fitness09
I missed this BO because my "new day" line started on the second green candle after the last red candle. How can the BO scenario work if the day starts at different candles? I understand different brokers start at different times, but this BO method may only work with the brokers who start on the same time as LG's, because if I try to use it with mine, I will alwyas be two candles behind and miss the BO's.
My broker is also 2 candles behind, but this works also. One time LG will have a BO that will widen up our range, the other time it will be around. I don't mind this difference, i've been thinking to even bring the opening to London opening, but haven't been able to test this strategy enough to make solid conclusions.
  • #12,265
  • Edited 1:55am Mar 15, 2011 1:37am | Edited 1:55am
Quoting oskart
hello, good evening Lawgirl21, I've been watching your post and learning from your strategy, thank you very much, I have a doubt in your entry into the EURAUD. I see you buy from the support channel and not when the channel has broken their resistance, could you tell me, thanks for your answer
A few pages back when I first posted this pair, I said that I entered this trade on a daily chart, so my entry was different from a regular BO. This was still a good regular BO trade. Post # 12245
  • #12,266
  • Mar 15, 2011 1:43am Mar 15, 2011 1:43am
Quoting Fitness09
I guess we will have to start marking the first daily candles where she does instead of where they appear on our charts. At least then we will be in line with her. She designed her 4H BO system off of the first 4 candles SHE sees, but those candles are actually at the end of our day. I will just start my lines 3 candles back and see how that goes. Good looking out RBH

I thought we had already discussed all these things. My postings are not to give actual exact trades, but to help identify what to look for. The market looks pretty much the same for everyone.
  • #12,267
  • Mar 15, 2011 1:46am Mar 15, 2011 1:46am
Quoting KillerAntz
My broker is also 2 candles behind, but this works also. One time LG will have a BO that will widen up our range, the other time it will be around. I don't mind this difference, i've been thinking to even bring the opening to London opening, but haven't been able to test this strategy enough to make solid conclusions.
The first four hours of London opening would be very interesting...some of you should try it and let us know how it works.
  • #12,268
  • Mar 15, 2011 1:55am Mar 15, 2011 1:55am
Quoting lawgirl21
The first four hours of London opening would be very interesting...some of you should try it and let us know how it works.
I get up at about 06:00 am (German Time) and my trading starts mostly at about 07:00 am (German Time) so I tried setting my charts with lineboxes as shown.
The first 4 hours of London opening are a little to late for me.
Attached Image (click to enlarge)
Click to Enlarge Name: trenddisplay.gif Size: 18 KB
There`s no life before COFFEE!
  • #12,269
  • Mar 15, 2011 2:01am Mar 15, 2011 2:01am
Quoting jalkok
I get up at about 06:00 am (German Time) and my trading starts mostly at about 07:00 am (German Time) so I tried setting my charts with lineboxes as shown.
The first 4 hours of London opening are a little to late for me.
I understand, I can't do London either (except when I can't sleep like right now).
  • #12,270
  • Mar 15, 2011 2:02am Mar 15, 2011 2:02am
I came late to this trade, but still up about 80 pips.
Attached Image
  • #12,271
  • Mar 15, 2011 2:10am Mar 15, 2011 2:10am
Quoting lawgirl21
I came late to this trade, but still up about 80 pips.
Wow! very good!
Now you can get a few hours of good sleep again?
There`s no life before COFFEE!
  • #12,272
  • Mar 15, 2011 6:18am Mar 15, 2011 6:18am
Lawgirl how do you define your scout line on the 15m chart ?!
  • #12,273
  • Mar 15, 2011 7:01am Mar 15, 2011 7:01am
Trades still running but up 240 pips on one and 180 pips on the other.
  • #12,274
  • Mar 15, 2011 7:22am Mar 15, 2011 7:22am
fantastic trading lg
you are a top player

where in your opinion is this mess headed
nuclear devastation is a very high price for my pips
made 210 pips yesterday just staying down in 15 min tf
will progress to 1hr next week after a bit more practice
  • #12,275
  • Mar 15, 2011 7:42am Mar 15, 2011 7:42am
Quoting jacko4
fantastic trading lg
you are a top player

where in your opinion is this mess headed
nuclear devastation is a very high price for my pips
made 210 pips yesterday just staying down in 15 min tf
will progress to 1hr next week after a bit more practice
I think it's going to be ok. God is in control. The Japanese have and are showing great courage and industry. I heard a report from someone in Tokyo yesterday that said people were going about their business, in the restaurants and on the golf courses. Clean up has started, aid is there and on it's way. There is no looting and killing. I admire the people so much and my entire church is praying for them and sending money, as I am sure churches around the world are doing.

You making pips has nothing to do with nuclear devastation, which is not likely to happen. The media is hyping the nuclear devastation, in my opinion, to set the US back in its plans for building more plants. I read a scientific report that said a nuclear plant would have been the safest place to be in the earthquake and following tsunami. God is in control. Life goes on.
  • #12,276
  • Mar 15, 2011 7:44am Mar 15, 2011 7:44am
Quoting lawgirl21
I think it's going to be ok. God is in control. The Japanese have and are showing great courage and industry. I heard a report from someone in Tokyo yesterday that said people were going about their business, in the restaurants and on the golf courses. Clean up has started, aid is there and on it's way. There is no looting and killing. I admire the people so much and my entire church is praying for them and sending money, as I am sure churches around the world are doing.

You making pips has nothing to do with nuclear devastation, which is not...
Well said, let's keep them in our prayers...
  • #12,277
  • Mar 15, 2011 7:45am Mar 15, 2011 7:45am
Quoting dct
Lawgirl how do you define your scout line on the 15m chart ?!
The scout/probe line is the highest/lowest wick on a previous candle. Price has tested that area and pulled back. Take a look at the earlier chart posted. The scout line is the dotted line.
  • #12,278
  • Mar 15, 2011 7:49am Mar 15, 2011 7:49am
Lots of retracing going on with many pairs, after nice runs mostly down. I'll post a few, but my quick scan of the first few pairs shows the same thing.
  • #12,279
  • Mar 15, 2011 7:50am Mar 15, 2011 7:50am
thanks lg
they are all in my prayers too
i have nothing but pure admiration for the japanese ,,,they will come back better and stronger i hope and pray

as for the the 1hr 4c bo method its just simple methodical trading which works
top marks to your ladyship ;-}
  • #12,280
  • Mar 15, 2011 7:53am Mar 15, 2011 7:53am
Quoting lawgirl21
Lots of retracing going on with many pairs, after nice runs mostly down. I'll post a few, but my quick scan of the first few pairs shows the same thing.
Good day, missed the London hours. Now looking out for trades.....
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