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Looking on a naked chart, can you pick the best strategy? 32 replies
How do you see trading - Do you see it as a means to an end? 12 replies
Can you tell with naked eyes? 151 replies
Bow's trading journal 2 (almost naked trading on m5) 26 replies
Trading as naked as you can get 0 replies
DislikedLooking for trades on higher TF's suchs as H4 and W1 gives you a little more time to analyse and take your time entering a trade. You might find that at the begining it is always better to not enter a trade and watch it go in your direction than rushing in and watch your trade go totally against you.
Mastering the timing and selection of trades improves only with experience, but we are doing our work to get there, right?Ignored
DislikedSeveral hours of consolidation here. I like it when consolidation occurs around the H1 4C setup...makes it stronger.Ignored
DislikedDo we trade the breakout of consolidated areas, like this one? I thought we only trade the breakout of the first four 1 hour candles for the trading day of the brokers timezone that is used (GMT +1).
Thanks!Ignored
DislikedI like seeing s / r levels more as areas or zones than just plain lines, here you can see how that level around the red line repelled the price repeteadly in the past, and even the zone PA is at right now is kind of a resistance. This doesn't mean we should or shouldn't enter a trade, that's up to every traders discretion, but it advises me to watch PA closely around this levels.Ignored
DislikedYou can trade any type of consolidation, but LG points out the 1H 4C in her tutorial. The longer consolidation, the higher the probability of a very nice BO.Ignored
DislikedMy charts are a little bit different so I have no setup yet, but nice call. Best of success to you. If my chart gives a setup I'd watch PA closely around that red resistance above your entry...Ignored
DislikedOne thing to keep in mind. Since the beginning of the week, the EU has broken out upwards after every 1H 4C.Ignored