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Trade What You See - Almost Naked Trading

  • #17,901
  • Oct 4, 2011 9:21am Oct 4, 2011 9:21am
Hope you were able to catch EJ in time, Pete!
Enough pips for all today.


Quoting pippete
A few setups I'm watching...

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  • #17,902
  • Oct 4, 2011 9:44am Oct 4, 2011 9:44am
EU H1 BO -quick move
Hope you guys are in as well.
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  • #17,903
  • Oct 4, 2011 9:49am Oct 4, 2011 9:49am
Quoting AndreasF
EU H1 BO -quick move
Hope you guys are in as well.
Great job Andreas! I was in the EJ, missed the others, too busy with work... But plenty of pips, got my 100 for the week, that's my goal... Keep up the good work everyone!
  • #17,904
  • Oct 4, 2011 9:54am Oct 4, 2011 9:54am
Quoting pippete
Great job Andreas! I was in the EJ, missed the others, too busy with work... But plenty of pips, got my 100 for the week, that's my goal... Keep up the good work everyone!
Well done, Pete
I still have to work a bit to achieve my weekly goal...
  • #17,905
  • Oct 4, 2011 10:19am Oct 4, 2011 10:19am
Quoting AndreasF
Well done, Pete
I still have to work a bit to achieve my weekly goal...
You're doing great, dude, you raked in like 90 pips today only.. what is your weekly goal? man, you're hard core..
  • #17,906
  • Oct 4, 2011 11:33am Oct 4, 2011 11:33am
Quoting pippete
You're doing great, dude, you raked in like 90 pips today only.. what is your weekly goal? man, you're hard core..
My weekly goal is trying to get what the market gives...
But at the end I still end up with only 5-7% per month...lol

With your goal of 100 pips/week you already make more than 10% per month, Pete!
  • #17,907
  • Oct 4, 2011 12:25pm Oct 4, 2011 12:25pm
Quoting AndreasF
My weekly goal is trying to get what the market gives...
But at the end I still end up with only 5-7% per month...lol

With your goal of 100 pips/week you already make more than 10% per month, Pete!
What I've noticed is that I'm sharp and relaxed on Sunday-Tuesday and usually make my 100 pips, then the rest of the week I might lose it all (of course I'm still demoing, so I can't stop trading live when my goal is met) but if you're trading live, I'd recommend to set a goal for week/month and when it's met, stop trading live. My brain gets tired if I'm looking at charts night and day, and that's why when trading live I'll stop after meeting my weekly goal and maybe just post charts for exercise/screen time. LG recommends the same... You might be able to keep your 90+ pips that way... Just a thought. Keep up the good work man!
  • #17,908
  • Oct 4, 2011 1:24pm Oct 4, 2011 1:24pm
Please can someone direct me on how i will get TDI installed to my MT4 platform, a newbie.

Thanks A lot.
  • #17,909
  • Oct 4, 2011 2:13pm Oct 4, 2011 2:13pm
Quoting AndreasF
My weekly goal is trying to get what the market gives...
But at the end I still end up with only 5-7% per month...lol

With your goal of 100 pips/week you already make more than 10% per month, Pete!
The market gives a lot more than that buddy : )
"One Grows Tall After Walking Through A Forest Of Tall Trees."
  • #17,910
  • Oct 4, 2011 3:44pm Oct 4, 2011 3:44pm
Quoting effilang
The market gives a lot more than that buddy : )
Thanks for pointing that out... One can make a nice living with taking 100pips per week. Of course the market gives a ton more than that, but greed is one of the greatest dangers in forex and keeping what you make could be the hardest thing to do...
Join us in our efforts to make and keep more pips and why dont you post some charts to point out some tricks of your own.
  • #17,911
  • Oct 4, 2011 9:40pm Oct 4, 2011 9:40pm
Quoting dedon76
Please can someone direct me on how i will get TDI installed to my MT4 platform, a newbie.

Thanks A lot.
It's and indi, just copy it to your experts>indicators folder.For clarity and simplicity I suggest refraining from any discussion on TDIs here, as it's part of a completely different system. For TDI and the TMS method see this thread:
http://www.forexfactory.com/showthread.php?t=291622
  • #17,912
  • Oct 5, 2011 12:35am Oct 5, 2011 12:35am
Agree.
I guess there are more traders losing 100 pips than traders making and keeping them


Quoting pippete
Thanks for pointing that out... One can make a nice living with taking 100pips per week. Of course the market gives a ton more than that, but greed is one of the greatest dangers in forex and keeping what you make could be the hardest thing to do...
Join us in our efforts to make and keep more pips and why dont you post some charts to point out some tricks of your own.
  • #17,913
  • Oct 5, 2011 12:54am Oct 5, 2011 12:54am
Most Majors have nice setups for H1 BO
I'm on AU right now
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  • #17,914
  • Oct 5, 2011 9:46am Oct 5, 2011 9:46am
A little late on this one, but looks to me that price could continue to fall. I welcome any comments.

BOs are my favorite way to trade, but I usually scan H4 for a 3T. Just not real confident about my entry point on 3Ts. Use the 3T set up mostly as a confirmation of trend direction on my BO trades.
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  • #17,915
  • Oct 5, 2011 10:06am Oct 5, 2011 10:06am
Basically a nice setup but I will stay out of the trade because:
1. W1 is flat
2. It's getting close to NY lunch

Quoting LearningPIPs
A little late on this one, but looks to me that price could continue to fall. I welcome any comments.

BOs are my favorite way to trade, but I usually scan H4 for a 3T. Just not real confident about my entry point on 3Ts. Use the 3T set up mostly as a confirmation of trend direction on my BO trades.
  • #17,916
  • Oct 5, 2011 1:37pm Oct 5, 2011 1:37pm
Yes I think that is the most profitable method in trading. Because you are watching only price. And only that matters. Market doesnt care about indicators. Im developing my own simple strategy based on Smash day patterns. Someone using it? Would like to talk about price patterns. Here is an example of entry.


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  • #17,917
  • Oct 5, 2011 2:11pm Oct 5, 2011 2:11pm
Not many great BO this am... Went to dentist and missed these 2 beautiful CAD BOs. Oh well... tomorrow is another day.. Hope you guys caught them.

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  • #17,918
  • Oct 5, 2011 2:16pm Oct 5, 2011 2:16pm
Forget to post long conditions, if someone is interested in this strategy let me know.
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  • #17,919
  • Oct 5, 2011 5:03pm Oct 5, 2011 5:03pm
Quoting Timur443
Forget to post long conditions, if someone is interested in this strategy let me know. Attachment
Dude, I think you're a little lost. I suggest you start your own thread if you wanna discuss a different strategy. On this thread we try to abide by the original LG method's rules. happy pips!
  • #17,920
  • Oct 6, 2011 8:12am Oct 6, 2011 8:12am
Hello

I really like the simplicity of the H1 BO strategy, but have one simple question.

LG's original post says you box the bodies of the first four hour candles of the trading day. Does that mean from midnight GMT? Or from when London opens? Or Tokyo?

Sorry to sound so dim, and I hope someone can help!
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