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Trade What You See - Almost Naked Trading

  • #12,621
  • Mar 22, 2011 2:07pm Mar 22, 2011 2:07pm
First post, so excuse if I mess it up.

If we find the H4 arrow to confirm up arrow, would it be correct to say it may be a LONG breakout??

Regards
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  • #12,622
  • Mar 22, 2011 2:11pm Mar 22, 2011 2:11pm
LG are you in any trades or see anything setting up? I can't see much, except USDCAD for a 4H 3T?
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  • #12,623
  • Mar 22, 2011 2:32pm Mar 22, 2011 2:32pm
New ditch up here, see if it goes up to the next level 1.6450, January 2010 high...
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  • #12,624
  • Mar 22, 2011 2:37pm Mar 22, 2011 2:37pm
How about this for a little afternoon heart attack? I'll kill my broker.. looks like a broker glitch, but scares the daylights out of you..
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  • #12,625
  • Mar 22, 2011 3:12pm Mar 22, 2011 3:12pm
Quoting pippete
New ditch up here, see if it goes up to the next level 1.6450, January 2010 high...
Very interesting to watch now.
  • #12,626
  • Mar 22, 2011 3:13pm Mar 22, 2011 3:13pm
Quoting pippete
How about this for a little afternoon heart attack? I'll kill my broker.. looks like a broker glitch, but scares the daylights out of you..
I bet it did! Wow!
  • #12,627
  • Mar 22, 2011 3:40pm Mar 22, 2011 3:40pm
Quoting Pirabuji
LG are you in any trades or see anything setting up? I can't see much, except USDCAD for a 4H 3T?
What's with the Week arrow?, would you consider it a proper setup for long even if Weekly arrow is heading south?

Given that we're starting the week maybe following the trend from last week would work when looking for a weekly confirmation for long. What do you think about this?
Flp. 4:13
  • #12,628
  • Edited 5:23pm Mar 22, 2011 4:06pm | Edited 5:23pm
This is my first breakout trade using this method. If I have not done this correctly, please critique and point out my errors.
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  • #12,629
  • Edited 5:33pm Mar 22, 2011 5:14pm | Edited 5:33pm
Quoting jdcompute
This is my first breakout trade using this method. If I have not done this correctly, please critique and point out my errors.

Please post the pair in the title. I am having too much trouble reading your chart.
  • #12,630
  • Mar 22, 2011 5:22pm Mar 22, 2011 5:22pm
Quoting lawgirl21
Post post the pair in the title. I am having too much trouble reading your chart.
Ahh..sorry, that was GBPUSD H1 chart
  • #12,631
  • Mar 22, 2011 5:30pm Mar 22, 2011 5:30pm
Would this be a 3 tap? I know the arrow are not all pointing the right way but could turn easily....
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  • #12,632
  • Mar 22, 2011 5:36pm Mar 22, 2011 5:36pm
Thanks..It does show as starting a BO on your chart, but not on mine. We are watching this pair for one though. Not sure which direction.
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  • #12,633
  • Mar 22, 2011 5:43pm Mar 22, 2011 5:43pm
Charts
Attached Images
  • #12,634
  • Mar 22, 2011 5:55pm Mar 22, 2011 5:55pm
Can someone please help me out here.

How can I change the time for my bar closes?

I'm using FXCM's MT4

Compared to LG's chart, mine looks completely different.

Should I use a different broker?

Thanks
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  • #12,635
  • Mar 22, 2011 6:01pm Mar 22, 2011 6:01pm
Quoting lawgirl21
Charts
Thanks! I look forward to learning this method. I primarily trade trendline breaks and pullbacks on the M5 or H1 charts but this method has definitely peaked my interest.
  • #12,636
  • Mar 22, 2011 6:33pm Mar 22, 2011 6:33pm
Got it thanks...

http://www.forexfactory.com/showthread.php?t=206301
  • #12,637
  • Edited 6:59pm Mar 22, 2011 6:49pm | Edited 6:59pm
First 4hr trade...up +26 so far. SL set at +5 and letting it run
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  • #12,638
  • Mar 22, 2011 6:56pm Mar 22, 2011 6:56pm
LG, looks like your favorite pair broke support @8667 and is heading south again. H4 3T, trigger and set up , again. support around 8640 and

8586
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  • #12,639
  • Mar 22, 2011 7:11pm Mar 22, 2011 7:11pm
Hi Lawgirl,

Just a quick question. Are you looking at RSI and Arrows for H1 BO trades?

Page one of the thread says you don't. Just a little confused as all the charts that you post have the RSI and arrow indicator on them.

Thanks!
  • #12,640
  • Mar 22, 2011 7:33pm Mar 22, 2011 7:33pm
...will hold off on this one for now. daily resistance at 8646 might become support. any thoughts on that?
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