Trade What You See - Almost Naked Trading

Thats a very impressive trend up. I hope you got in when it broke the trend line!

Might break soon.

It is very impressive. We seldom see a TL that straight.

Is there another link to your indicator/template set up?

I downloaded your Lawgirl's Trend Display v1.02.mq4 from your first post, but will not attach to my FX Sol MT4 charts.

Thanks.

Out with +20 ... Break even.

Waiting for 1H 4C BO (setup and trigger) for A++

CHART:
Close this one +20 pips

Would have taken this, spread is too high on my current broker.

Closed this one for +13.

Does this one qualify as a 4H 3T?

traderwim,

this charts does not qualify for a 3T trade. Look at the RSI-trends, they are mixed over the different TFs. This would qualify for a break of the trendchannel.

josch

I see, thanks josch!

Great looking channel you have there; why not trade it?

Trend line UP on daily

Daily ADX is up and strong trend

CHF is weak

GBP is strong

Bounce off BRN, big round number 1.48

Bounce off 89SMA on 4 Hour chart

Round bottom forming on 4 H, see what it looks like in 1/2 hour for me

So my answer to your question is NO

But you never can be sure in Forex

PS: Forgot to mention the 61.8 Fibonacci retracement

I normally trade this stuff as it often has a great R/R, decent probability and quick first target hit, I was just wondering if it would match the 3T method. (As josch pointed out, it doesn't)
Thanks for pointing out the fib levels, I only use them in case of doubt, they keep me from taking a lousy R/R trade.

3 short Yen BOs last night, +65 total.. wow.. got my goal for the week by monday morning??? Whassup with that? What am I supposed to do now? Oh well, keep on demoing.

Loonie possible BO, but waiting for the scout wick to be cleared. On my watch list...

1H BO approaching, maybe... Scouts again to clear...
No news today, so I expect a slow ranging day, but we'll see, we've had some surprises before on "no-news" days

Another BO here approaching, this one right at the wick...

Another one here. 1H BO waiting on scout...

looking at the last couple charts, it sure appears that in both cases the USD is gaining, and the chart seems to be screaming this, but what I never try to lose sight of, even if it is an unjustified bias against the USD, is WHAT is going on in the world (briefly takes eyes off chart), gold is at record highs as is oil and both are VERY likely to continue on up meaning USD will lose to either one.

I'd rather have a commodity any day rather than a USD (debt instrument).

What is also troubling is the 14.3 trillion dollar credit limit and the looming interest rate hikes, printing dollars isn't the solution but they do it WITHOUT any assets to back up those dollars.

As the charts go, it sure looks like the USD is recovering, but the reality in the world is that, that is VERY unlikely. Fraud, lies and deception is no way to run a country, and its high time for an accounting, you cannot forever get your credit limit raised, when you do not run a profitable business, AND your only means of making money is to Take it from others

ANother one approaching.. Now gotta go save some lives...