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Trade What You See - Almost Naked Trading

  • #12,341
  • Mar 16, 2011 1:10pm Mar 16, 2011 1:10pm
In this trade from an H4 chart. Has been negative as much as 40 pips, but appears to be breaking downward now.
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  • #12,342
  • Mar 16, 2011 1:11pm Mar 16, 2011 1:11pm
Quoting KillerAntz
I lost a lot of pips this monday due to some risky USDJPY trade. It went all against me and hit my SL, which was about -80 due to a lot of movements I wanted to have a huge range. I've been able to recover some of my losses, today I got +31. My goal is to end this week break even, as soon as that point is reached this week is over for me. It is still possible, although 2 weeks wouldn't be that bad either
Sorry to hear about your USDJPY trade..would a SL of 100 pips made a difference?
  • #12,343
  • Mar 16, 2011 1:14pm Mar 16, 2011 1:14pm
Also in this trade from an H4 chart also..currently +46 pips.
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  • #12,344
  • Mar 16, 2011 1:26pm Mar 16, 2011 1:26pm
It's possible to see a backtest of this strategy in a real account?
  • #12,345
  • Mar 16, 2011 1:28pm Mar 16, 2011 1:28pm
Hey Law girl,

I am completely at wits end in trying to replicate your chart here at home in the UK.

I downloaded the attachments on page 1 ( i think it was) but it doesn't look anything like your chart...even the h4,h1 small arrows, where are they from.

Sorry if you get these messages all the time. Everyday i read this forum, but as an accountant there is only so much i can do before i have to meet clients and wrap up accounts. can you direct me to a page of where the setup may be or the extra indicators?

Matt
  • #12,346
  • Mar 16, 2011 1:40pm Mar 16, 2011 1:40pm
Quoting bonzer1
It's possible to see a backtest of this strategy in a real account?
I can't think of a way...can you?
  • #12,347
  • Mar 16, 2011 1:42pm Mar 16, 2011 1:42pm
Quoting Mattdede
Hey Law girl,

I am completely at wits end in trying to replicate your chart here at home in the UK.

I downloaded the attachments on page 1 ( i think it was) but it doesn't look anything like your chart...even the h4,h1 small arrows, where are they from.

Sorry if you get these messages all the time. Everyday i read this forum, but as an accountant there is only so much i can do before i have to meet clients and wrap up accounts. can you direct me to a page of where the setup may be or the extra indicators?

Matt
If you can, Matt..please post your chart and let us take a look at it.
  • #12,348
  • Mar 16, 2011 2:03pm Mar 16, 2011 2:03pm
Quoting prozor7
great thread you have here.

this is my setup to see clear picture, if you need more info I will gladly explain
Hi just wondered what indies you have there

Cheers Eamonn
  • #12,349
  • Mar 16, 2011 2:05pm Mar 16, 2011 2:05pm
Quoting lawgirl21
Sorry to hear about your USDJPY trade..would a SL of 100 pips made a difference?
No, that was my first question also the morning I woke up. But it reversed just on monday so there was a almost 200 pip movement, I needed about 150 and you can't have such a SL, it's easy to say it would have worked because we have seen the movements of the past days, but there was no way we could predict that at that point.
  • #12,350
  • Mar 16, 2011 2:49pm Mar 16, 2011 2:49pm
Quoting Eamonn
Hi just wondered what indies you have there

Cheers Eamonn

There is only one indicator here..a special one designed for this system using the RSI(3).
http://www.forexfactory.com/showpost.php?p=4127792
  • #12,351
  • Mar 16, 2011 4:11pm Mar 16, 2011 4:11pm
Selling off madly now.
  • #12,352
  • Mar 16, 2011 4:13pm Mar 16, 2011 4:13pm
Quoting lawgirl21
Selling off madly now.
Idd, making my week good, but can't figure out why, something is happening or just scared because kobe support got hit?
  • #12,353
  • Mar 16, 2011 4:14pm Mar 16, 2011 4:14pm
+100 pips, what the hell???
  • #12,354
  • Mar 16, 2011 4:14pm Mar 16, 2011 4:14pm
Quoting KillerAntz
Idd, making my week good, but can't figure out why, something is happening or just scared because kobe support got hit?

Don't try to figure out why...
  • #12,355
  • Mar 16, 2011 4:16pm Mar 16, 2011 4:16pm
What the heck is hapenning to aussie
  • #12,356
  • Mar 16, 2011 4:20pm Mar 16, 2011 4:20pm
Quoting lawgirl21
I don't ever do this and won't do it again, but I just made a little over $11,000 in less than 30 min.
i'm so stressed, my account has doubled in last 30 min...

but them, i'm stressed!!!
  • #12,357
  • Mar 16, 2011 4:24pm Mar 16, 2011 4:24pm
wtf!!!!!!
  • #12,358
  • Mar 16, 2011 4:28pm Mar 16, 2011 4:28pm
There will soon be massive retracing and more money to be made....but I'm done for now. Think I will even send my staff home for the rest of the day and close shop.
  • #12,359
  • Mar 16, 2011 4:29pm Mar 16, 2011 4:29pm
So I have been following the Chf/jpy in the channel and I shorted at .8795..........
  • #12,360
  • Mar 16, 2011 4:30pm Mar 16, 2011 4:30pm
Quoting lawgirl21
There will soon be massive retracing and more money to be made....but I'm done for now. Think I will even send my staff home for the rest of the day and close shop.
it's unbelievable, I still don't know why, but hell, this made my week/month...
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