Trade What You See - Almost Naked Trading | Page 700 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Trade What You See - Almost Naked Trading
Exit Attachments

Trade What You See - Almost Naked Trading

  • #13,981
  • Apr 15, 2011 8:39am Apr 15, 2011 8:39am
Slow moving, but +30 pips.
Attached Image
  • #13,982
  • Apr 15, 2011 8:53am Apr 15, 2011 8:53am
Quoting mohammadbadr
i see that naked trading is performing so well until now.
so, the indicators can be considered mis-leading aids!
I have no idea what you are talking about!
  • #13,983
  • Apr 15, 2011 8:55am Apr 15, 2011 8:55am
Quoting pippete
I hope someone rode this beautiful escalator... I know LG did...
Now at daily resistence, see if it pops thru or bounces back...
Isn't that a thing of beauty...
  • #13,984
  • Apr 15, 2011 9:59am Apr 15, 2011 9:59am
My 3 taps for the week:
AUD/NZD + 6
EUR/CHF + 44
AUD/CHF still going - 50
NZD/USD + 72
USD/JPY +55
GBP/JPY +40
EUR/CAD still going -52
EUR/GBP + 30
EUR/AUD - 80
USD/CHF + 48
AUD/USD + 10
EUR/JPY +50
EUR/NZD +38

Net profit at the moment around 200 pips, but will have to see what happens with those two still going. At the moment I have two big problems with my 3 taps even though I´ve been able to make profit with them. The first one is the fact that I´m not able to watch them closely and I seem to miss many opportunities because of that. The other one is that I´m still not able to make solid decisions of when to exit my trades.
I would be more than glad to know how do you manage these.
  • #13,985
  • Apr 15, 2011 10:25am Apr 15, 2011 10:25am
Quoting LearningPIPs
I'm in @ 86.797
got out at 86.999 when price broke above my 3T line and formed a green H1 candle. pink "x"
Attached Image
  • #13,986
  • Apr 15, 2011 11:07am Apr 15, 2011 11:07am
Quoting Whistlepips
My 3 taps for the week:
AUD/NZD + 6
EUR/CHF + 44
AUD/CHF still going - 50
NZD/USD + 72
USD/JPY +55
GBP/JPY +40
EUR/CAD still going -52
EUR/GBP + 30
EUR/AUD - 80
USD/CHF + 48
AUD/USD + 10
EUR/JPY +50
EUR/NZD +38

Net profit at the moment around 200 pips, but will have to see what happens with those two still going. At the moment I have two big problems with my 3 taps even though I´ve been able to make profit with them. The first one is the fact that I´m not able to watch them closely and I seem to miss many opportunities because of that. The other...
It is impossible to catch every opportunity...even to catch most opportunities. All we need to be extremely successful is to catch some of the opportunities. It is kind of sad to me that even with having a 200 pip week, you are disappointed.

As far as entries. Sounds like you are doing well with them. Remember that set ups and triggers are two separate events, although they can occur in the same candle. My problem with 3 Taps is that I often don't see the set up in time and then I have to decide if the set up is still viable. That you do by observing PA. This was discussed a page or two back.
  • #13,987
  • Edited 11:15am Apr 15, 2011 11:14am | Edited 11:15am
just made +52p and over the week ca. +120p on div. FX pairs,
and I`m happy to be in+ because I had a lot of -p trades

nice weekend to all!
Attached Image (click to enlarge)
Click to Enlarge Name: trenddisplay.gif Size: 19 KB
There`s no life before COFFEE!
  • #13,988
  • Apr 15, 2011 11:37am Apr 15, 2011 11:37am
Quoting lawgirl21
It is impossible to catch every opportunity...even to catch most opportunities. All we need to be extremely successful is to catch some of the opportunities. It is kind of sad to me that even with having a 200 pip week, you are disappointed.

As far as entries. Sounds like you are doing well with them. Remember that set ups and triggers are two separate events, although they can occur in the same candle. My problem with 3 Taps is that I often don't see the set up in time and then I have to decide if the set up is still viable. That you do by observing...
Yes I believe that Im constantly getting better with entries. With opportunities I meant actually that more often than not some of my ongoing trades turn to the negative side because of work meetings, etc. Gladly they often also bounce back to positive ones (the trend thing)

Actually Im not dissapointed at all to my achievements so far but vice versa. I may give that impression, because Im constantly trying to improve my trading and to find potential targets for improvement and to share them in case someone else is also struggling with same problems.

I just checked disussions couple of pages back and there was some really good information. This has been my third profitable week with 3 taps and I think that after next week I may be ready to go live with them. Many thanks for your advices. I wouldnt be where I am without you and other helpful and giving people here.
  • #13,989
  • Apr 15, 2011 12:10pm Apr 15, 2011 12:10pm
This is my 3rd week of 175+ pips, (300+ this week only!) just like Whistle, one more profitable week and I'll venture back to live. Thanks guys and LG for helping me sharpen my skills...
  • #13,990
  • Apr 15, 2011 12:15pm Apr 15, 2011 12:15pm
Hi how does this work? i am pretty new at using metatrader and do not understand how an EA work... I saved it in indicators but do not know how to run it.... please advise.


Quoting Lazar83
I have been trading on Lawgirls method since post one .Its the most profitable strategies in my arsenal. 4c H1 is maybe the most consistent pip earner so far. But the problem with it is that you have to be all the time on the specific chart , just to catch consolidation , and that takes lot of time and nerves. Since i cannot fallow 22 pairs on the same time , i have asked Steve Hopwood(forex factory living legend ) to make some ea which will monitor pair for the trader. So here it is and i hope that will help you guys in trading .
There are only...
  • #13,991
  • Apr 15, 2011 12:51pm Apr 15, 2011 12:51pm
Quoting pippete
This is my 3rd week of 175+ pips, (300+ this week only!) just like Whistle, one more profitable week and I'll venture back to live. Thanks guys and LG for helping me sharpen my skills...
Best of luck to you pete

Lets keep in touch.
  • #13,992
  • Apr 15, 2011 1:06pm Apr 15, 2011 1:06pm
Quoting RMiranda
Hi how does this work? i am pretty new at using metatrader and do not understand how an EA work... I saved it in indicators but do not know how to run it.... please advise.
its not an Indicator its EA, and its serves the purpose to signal that some pair is on consolidation , for example that EURUSD has ranged a 20 pips in last 4h, so we know that its going to break out . copy this EA to experts folder , attach it to a chart , set a pairs you want to monitor , and pips in range. And it will alarm you when some of these ranges happen. after that you can trade breakout manually .
Help to be helped.
  • #13,993
  • Apr 15, 2011 2:20pm Apr 15, 2011 2:20pm
Have a nice weekend!
Time matters most
  • #13,994
  • Apr 15, 2011 2:38pm Apr 15, 2011 2:38pm
hey can someone give me the link to where that 4bar indicator that lawgirl uses , can some one also explain how it works, is it looking for a 4 bar range or is it looking for a certain amount of pip movement?
  • #13,995
  • Apr 15, 2011 2:46pm Apr 15, 2011 2:46pm
Quoting dappa
hey can someone give me the link to where that 4bar indicator that lawgirl uses , can some one also explain how it works, is it looking for a 4 bar range or is it looking for a certain amount of pip movement?
Look at thread attachements and find Daily_Lineboxes. It uses 4 first daily H1 candles to draw consolidation area.
Time matters most
  • #13,996
  • Apr 15, 2011 2:52pm Apr 15, 2011 2:52pm
Hey Lazar what up man, I don't think that ea is working right, I cant seem to go to properties and do any editing of the parameters once its on the chart, is there any special settings for it when loading on the chart, i have it in the right folder, I know know where the ea's are placed so I know thats not the problem. thanks for your help in advance and thanks for the ea, should be of help.
  • #13,997
  • Apr 15, 2011 3:25pm Apr 15, 2011 3:25pm
Just put some of the preliminary results from my testings with BO´s and 3 taps from the daily chart of G/U about last year or so in our new testing thread "Trade naked - testing thread" so in case some of you is interested to see some prel. results or to comment them, it would be very helpful. At the moment there´s a lot of good questions
  • #13,998
  • Apr 15, 2011 4:49pm Apr 15, 2011 4:49pm
Quoting dappa
Hey Lazar what up man, I don't think that ea is working right, I cant seem to go to properties and do any editing of the parameters once its on the chart, is there any special settings for it when loading on the chart, i have it in the right folder, I know know where the ea's are placed so I know thats not the problem. thanks for your help in advance and thanks for the ea, should be of help.
i am just checking my charts , and i dont have those problems...steve gave me this Ea this morning , so ill need some time to test it , but so far i dont have any troubles.
Help to be helped.
  • #13,999
  • Apr 15, 2011 4:59pm Apr 15, 2011 4:59pm
Great thread and glad to join traders of like minds - simple and straight forward. And good to see you here again Lawgirl. I used to be on David's thread too.

I trade something similar off long term, medium term and short term trend lines drawn on the same chart but will keep that away from this thread as this is a great addition to my trading arsenal.

Cheers, and God bless you all

George
Low Risk Low Stress High Reward High Probability Trades
  • #14,000
  • Apr 15, 2011 6:34pm Apr 15, 2011 6:34pm
Thanks a lot!!!

Quoting Lazar83
its not an Indicator its EA, and its serves the purpose to signal that some pair is on consolidation , for example that EURUSD has ranged a 20 pips in last 4h, so we know that its going to break out . copy this EA to experts folder , attach it to a chart , set a pairs you want to monitor , and pips in range. And it will alarm you when some of these ranges happen. after that you can trade breakout manually .
7 traders viewing now