Trade What You See - Almost Naked Trading | Page 822 | 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

  • #16,421
  • Jun 24, 2011 9:45am Jun 24, 2011 9:45am
Quoting lawgirl21
Good to hear! You must have been watching closely. Did you catch those one candle big moves, eltax?

yes I had the opportunity to sit in front of the screen for a few hours, also I set some TP for 30pts
  • #16,422
  • Jun 24, 2011 10:13am Jun 24, 2011 10:13am
Quoting superpipo
anyone get profit on this day BO?
Yes, EURUSD, as posted earlier
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd 24 june.jpg Size: 102 KB
  • #16,423
  • Jun 24, 2011 10:15am Jun 24, 2011 10:15am
i held my nerve through the fakeout, after thinking it was just a retracement (actually it was a reaction to positive German numbers - always pays to check news in conjunction with PA) - sure enough it respected the trendline - my only regret was not taking a larger lot size!
  • #16,424
  • Jun 24, 2011 10:23am Jun 24, 2011 10:23am
Quoting superpipo
anyone get profit on this day BO?
Yes .. i made nice 99 scalps at EUR/USD
  • #16,425
  • Jun 24, 2011 10:41am Jun 24, 2011 10:41am
Do I see your set up starting on GBP/JPY
  • #16,426
  • Jun 24, 2011 11:00am Jun 24, 2011 11:00am
This has been my best trade today. Stalling a little now, but up 25 pips.
Attached Image
  • #16,427
  • Jun 25, 2011 4:32pm Jun 25, 2011 4:32pm
Mission statement after trading first week 3 tap 4 h method on a fx-pro demo account.


Account up 9,68% in one week.

Attached Image (click to enlarge)
Click to Enlarge Name: first week.jpg Size: 77 KB
  • #16,428
  • Jun 26, 2011 4:01am Jun 26, 2011 4:01am
A quick question for law girl which I know has probably been covered but man this is a long thread.

Where do you start counting four hours from when using the breakout system Midnight ie the start of the physical new day or market open? It might sound a stupid question but I use almost exactly the same system using the 15 min and 5 min charts but I use it from market open which is 7am for me.

Look forward to hearing from you.

Many thanks.
  • #16,429
  • Jun 26, 2011 5:27am Jun 26, 2011 5:27am
http://www.forexfactory.com/attachme...1&d=1308931205

Hi Lawgirl

Sorry more questions on this system. You entered some considerable distance below the lower resistance line; I was under the impression that the trigger for entry was a close of a 1 hr candle belown the line and then switiching to the 15 mins and waiting for a candle to form and close completely below the line or if youre being really cautious, a hourly candle forming and closing below the line. Is that correct?

Also, do you still use the the RSI arrow indicator (daily and four hour) to give you the bias at the time of your trade?

Thanks for your boundless patience Lawgirl!!
  • #16,430
  • Jun 26, 2011 4:02pm Jun 26, 2011 4:02pm
GBPCHF gap down 85 pips! Anyone else seeing that?
EURCHF - down 68 pips
USDCHF - down 58 pips
  • #16,431
  • Jun 26, 2011 4:10pm Jun 26, 2011 4:10pm
wow, yeah i see the gbp/chf.. im in for a small lot.. why not.. we'll see what happens.. i got fxdd though also.. my TP is 1.3349.. spread on this thing is ridiculous
  • #16,432
  • Jun 26, 2011 4:16pm Jun 26, 2011 4:16pm
Quoting lawgirl21
GBPCHF gap down 85 pips! Anyone else seeing that?
EURCHF - down 68 pips
USDCHF - down 58 pips
Hi LG,
I dont see that Big Gap in my Broker...
the big Gap in my Broker is
GBPNZD UP 110 pips
EURNZD UP 96 pips
AUDNZD UP 58 pips..
  • #16,433
  • Jun 26, 2011 4:32pm Jun 26, 2011 4:32pm
Hello Lawgirl. quick question: the gap is the difference between today's open vs the close on friday, right? If so, I do not see any of these gaps.

Quoting lawgirl21
GBPCHF gap down 85 pips! Anyone else seeing that?
EURCHF - down 68 pips
USDCHF - down 58 pips
  • #16,434
  • Jun 26, 2011 4:39pm Jun 26, 2011 4:39pm
Quoting RMiranda
Hello Lawgirl. quick question: the gap is the difference between today's open vs the close on friday, right? If so, I do not see any of these gaps.
Yes it is. Most gaps close , so if the gap is down we take a long trade,etc. I think gaps vary from broker to broker. There also has been volumes written about whether or not they really exist.

They can often be just a fun trade..especially when they are huge.
  • #16,435
  • Jun 26, 2011 4:40pm Jun 26, 2011 4:40pm
This is how this pair looked on my H1 chart.
Attached Image
  • #16,436
  • Jun 26, 2011 4:50pm Jun 26, 2011 4:50pm
Quoting RMiranda
Hello Lawgirl. quick question: the gap is the difference between today's open vs the close on friday, right? If so, I do not see any of these gaps.
One of my brokers is Oanda and they, unlike many of the other brokers, do not close over the weekend. Therefore the charts will not reflect any gaps since they are continuous. FXDD, IBFX, FXCM and most of the other brokers close on Friday and open again Sunday night. The gaps are reflected in those brokers charts.
  • #16,437
  • Jun 26, 2011 4:57pm Jun 26, 2011 4:57pm
Quoting airbeat
One of my brokers is Oanda and they, unlike many of the other brokers, do not close over the weekend. Therefore the charts will not reflect any gaps since they are continuous. FXDD, IBFX, FXCM and most of the other brokers close on Friday and open again Sunday night. The gaps are reflected in those brokers charts.
Example of FXDD and Oanda Charts
Attached Images
  • #16,438
  • Jun 26, 2011 5:26pm Jun 26, 2011 5:26pm
I have been reading this thread the last couple of days, and have just registered to this forum, so that I can thank you for sharing this info.
@ Lawgirl21, thank you for sharing this info

I don't see those gaps in GBPCHF and EURCHF.
However, how about NZDUSD ?
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd_2706_gap.gif Size: 12 KB
  • #16,439
  • Jun 26, 2011 8:29pm Jun 26, 2011 8:29pm
Quoting Nijn
I have been reading this thread the last couple of days, and have just registered to this forum, so that I can thank you for sharing this info.
@ Lawgirl21, thank you for sharing this info

I don't see those gaps in GBPCHF and EURCHF.
However, how about NZDUSD ?

That's a gap...
  • #16,440
  • Jun 27, 2011 4:21am Jun 27, 2011 4:21am
AUDJPY, could this be a H4 3T setup ?
also watching the breakout on hourly chart, could be a nice H1 4C BO ?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audjpy_2706_h4_3t_setup.gif Size: 11 KB
Click to Enlarge Name: audjpy_2706_h1_bo.gif Size: 12 KB
3 traders viewing now