Trade What You See - Almost Naked Trading | Page 833 | 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

  • #16,641
  • Jul 5, 2011 12:25pm Jul 5, 2011 12:25pm
Quoting Nijn
EURJPY is on my watchlist, has been tapping up and down
Waiting for price action to join this tapdancer.

Nijn, I see your RSI=14, is it coincidence or on purpose ?
  • #16,642
  • Jul 5, 2011 12:34pm Jul 5, 2011 12:34pm
Quoting peaches
Nijn, I see your RSI=14, is it coincidence or on purpose ?
Good catch peaches - she's got 2 RSI layered together! RSI 14 & RSI 3. Look again and see the RED and GREEN...

My question now is: why two?

mDf
  • #16,643
  • Jul 5, 2011 12:56pm Jul 5, 2011 12:56pm
Quoting airbeat
I'm in this one too.
No MT...
I got out with +35 pips; now tapping around... maybe BO again later
There`s no life before COFFEE!
  • #16,644
  • Edited 1:41pm Jul 5, 2011 1:02pm | Edited 1:41pm
This one took a while - but there's a 4H 3Tap on the EURGBP...

mDf

Edit: well - my beautiful 4H 3Tap turned back suddenly :0( Watching PA and seeing if I get another re-entry into it!
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp.jpg Size: 108 KB
  • #16,645
  • Jul 5, 2011 1:36pm Jul 5, 2011 1:36pm
Best BO`s for some time and a MT trade

Attached Image (click to enlarge)
Click to Enlarge Name: eur chf profit mt in prof 5th 1h bo .gif Size: 14 KB
  • #16,646
  • Jul 5, 2011 1:40pm Jul 5, 2011 1:40pm
Quoting eltax100
Best BO`s for some time and a MT trade

Yeah - I've been in this trade for a while - I got caught up deep into it and had to hedge my position a couple of times - my bias was still short - so I hope it continues and grows from now - and makes it a really nice trade for everyone!

mDf
  • #16,647
  • Jul 5, 2011 5:45pm Jul 5, 2011 5:45pm
Quoting maestrodforex
Good catch peaches - she's got 2 RSI layered together! RSI 14 & RSI 3. Look again and see the RED and GREEN...

My question now is: why two?

mDf
Well spotted, chartlovers !
Why two ? It takes two to tango
It's just an old habbit of this rabbit to look at the RSI(14) to have a visual check on the strength of ongoing trend.
RSI(3) is in red and is used the same way as suggested by lawgirl, including the coloured arrows.
RSI(14) is in green and is less hectic, it shows me the strength of the trend on a longer time horizon.
It smooths out the hectic changes in the coloured arrows.
What I mean is that if the coloured arrows turn against me, it's okay as long as the green RSI(14) is trending in the good direction.
Because I think the arrows will change into the right colour and direction again after some candles.
So that could even be a good time to accumulate the position, add another branch to the moneytree.
Basically it's looking at the same thing, the trend
  • #16,648
  • Jul 5, 2011 9:18pm Jul 5, 2011 9:18pm
Quoting Nijn
Well spotted, chartlovers !
Basically it's looking at the same thing, the trend
Nijn = remind me again how to layer the RSI's please?

mDf
  • #16,649
  • Edited 12:26am Jul 6, 2011 12:03am | Edited 12:26am
Quoting maestrodforex
Nijn = remind me again how to layer the RSI's please?

mDf
Open navigator window - Custom Indicator - Drag RSI into your RSI Window on your chart...
thats all

(okay nijntje?)
There`s no life before COFFEE!
  • #16,650
  • Jul 6, 2011 12:53am Jul 6, 2011 12:53am
Watch list 1HBO`s


AUD CAD L
CAD JPY L/S
CHF JPY L
CAD CHF S
EUR AUD S
GBP CHF S
USD CHF S
  • #16,651
  • Jul 6, 2011 12:56am Jul 6, 2011 12:56am
looks good so far
Attached Image (click to enlarge)
Click to Enlarge Name: GBP AUD 6th 1h bo .gif Size: 12 KB
  • #16,652
  • Jul 6, 2011 1:09am Jul 6, 2011 1:09am
When PA stalls I will hopefully take 70% profit and turn the rest of the trade into a free MT trade

Attached Image (click to enlarge)
Click to Enlarge Name: gbp aud 15 min 6th 1h bo .gif Size: 11 KB
  • #16,653
  • Jul 6, 2011 1:51am Jul 6, 2011 1:51am
Anyone else actively trading LG`s ideas or are we just going to have a chat about indicators

PA
Pa
PA

  • #16,654
  • Jul 6, 2011 1:53am Jul 6, 2011 1:53am
EUR AUD 1HBO
Attached Image (click to enlarge)
Click to Enlarge Name: eur aud 1h bo .gif Size: 12 KB
  • #16,655
  • Jul 6, 2011 2:07am Jul 6, 2011 2:07am
BO and 3T H4
Attached Image (click to enlarge)
Click to Enlarge Name: trenddisplay.gif Size: 19 KB
There`s no life before COFFEE!
  • #16,656
  • Jul 6, 2011 3:01am Jul 6, 2011 3:01am
Quoting jalkok
BO and 3T H4
closed with +64 pips
There`s no life before COFFEE!
  • #16,657
  • Jul 6, 2011 3:17am Jul 6, 2011 3:17am


Quoting jalkok
closed with +64 pips
  • #16,658
  • Jul 6, 2011 3:18am Jul 6, 2011 3:18am
Quoting jalkok
Open navigator window - Custom Indicator - Drag RSI into your RSI Window on your chart...
thats all

(okay nijntje?)
Thanks
What I did was, I used one of the standard templates included in MetaTrader4 ("Popular") , deleted the other indicators and changed the colours and parameters and saved it as a new template.
Now I know the official way, never too old to learn something new
  • #16,659
  • Jul 6, 2011 3:29am Jul 6, 2011 3:29am
Quoting eltax100
Anyone else actively trading LG`s ideas or are we just going to have a chat about indicators

PA
Pa
PA

LOL
Off course I am trading with LG's chartlovers method.
Currently short EURJPY from yesterday's H4 3Tap and short EURCAD, also from yesterday's H4 3Tap, short USDJPY from last week BO.
I'll be away most of the day, so I'll be misssing today's moves.
Probably not taking new trades now, unless a very nice setup comes along, followed by price action.
  • #16,660
  • Jul 6, 2011 4:10am Jul 6, 2011 4:10am
Sorry about that my PC has a mind of its own sometimes.

Dont often post but thought that at this time on the EURUSD this may be interesting.

We all know about big numbers but for clarity I repeat them:

!.4000 - 1.4100 - 1.4200 - 1.4300 - 1.4400 - 1.4500 etc.

However I also keep a special 'heads up' at the following numbers.

1.4000 - 14200 - 1.4350 - 14500 - 1.4650 - 1.4800 - 1.5000.

At this time EURUSD is around the 1.4350 area.

Try these numbers on any large timeframe chart.

Best Regards,
Glanfx
51 traders viewing now