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Trade What You See - Almost Naked Trading

  • #18,101
  • Apr 13, 2012 6:07pm Apr 13, 2012 6:07pm
USD/JPY - Chart setup is there (RSI from all TF's pointing down), a 3rd tap set-up should be appearing Monday, hopefully!

Any thoughts on this?
  • #18,102
  • Apr 17, 2012 10:45am Apr 17, 2012 10:45am
Current 3 tap trade Not to mention downward divergence on Gbp/Jpy short.
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  • #18,103
  • Apr 17, 2012 2:06pm Apr 17, 2012 2:06pm
Just to make things clear.

Whenever the PRICE hits the H4 trendline for the 3rd time(SHORT), then we will take a LONG entry am I right? Also need to confirm the RSI.

My question is:
If it hits the H4 TL 3rd time(SHORT), I am ready to take LONG. However, the RSI is pointing 4-6 oclock. Do I wait for it to point 12-2 oclock?

Thx
  • #18,104
  • Apr 17, 2012 3:24pm Apr 17, 2012 3:24pm
if the price hits a trend line 3d, 4th and so on time to go short, we go short
  • #18,105
  • Apr 18, 2012 2:32am Apr 18, 2012 2:32am
this morning nice BOs occurring
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if you love your job you will never work a day in your life
  • #18,106
  • Apr 18, 2012 2:56am Apr 18, 2012 2:56am
usdcad consolidation. RSI indicates a move should head down
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if you love your job you will never work a day in your life
  • #18,107
  • Apr 18, 2012 4:03am Apr 18, 2012 4:03am
BO
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if you love your job you will never work a day in your life
  • #18,108
  • Apr 18, 2012 7:37am Apr 18, 2012 7:37am
Ditch trading before BOC Monetary Policy Report in 2hours
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if you love your job you will never work a day in your life
  • #18,109
  • Apr 18, 2012 3:30pm Apr 18, 2012 3:30pm
Quoting forexnutter
Hi,

I use an OCO EA to set pending orders that works really well, I have attach it but for a better understanding of it you would be better off visiting his site at the below link and watching the video on how to use it.
http://www.forexbrace.com/content/view/223/52/
Forex Nutter,

I know this thread is old as the link you mentioned here is no longer available for the video. So if you can, can you just explain how you use the OCO EA. Have been looking for something like this for a long time.

Incase any one two uses this or something similar please feel free to contribute here.

Thanks all.
Born to rule my Economic World and Make a Difference!
  • #18,110
  • May 1, 2012 3:51am May 1, 2012 3:51am
You can watch it here, sharemaster2.

www.youtube.com/watch?v=MKoyb4Fgi1Y

Enjoy!
  • #18,111
  • May 1, 2012 5:23am May 1, 2012 5:23am
Quoting jojol
You can watch it here, sharemaster2.

www.youtube.com/watch?v=MKoyb4Fgi1Y

Enjoy!
Hi Jojol,

Thanks for the responce, just a note, have you been using this tool yourself? if you have what do you think then, any pointers. I take it you are not new to forex but to Forex Factory right?

Thanks anyway.
Born to rule my Economic World and Make a Difference!
  • #18,112
  • Edited 6:48am May 1, 2012 5:56am | Edited 6:48am
Quoting eastside12
Current 3 tap trade Not to mention downward divergence on Gbp/Jpy short.
Eastside12,

we need your charts on here, please keep posting your set ups as it is very educational indeed to follow. Thanks.
Born to rule my Economic World and Make a Difference!
  • #18,113
  • May 1, 2012 6:34am May 1, 2012 6:34am
Hi,

If you are having a problem downloading the previous Order EA, then try this one:-

Luktom Visual Order editor

At this website:-

http://en.luktom.biz/Page/447/luktom...l-order-editor

There is a video and the download is on the same page.

In my opinion a little better and has the option to include Breakeven also.

Yes, I have used it but am now using different system. It works fine but if I remember, you may have to refresh / reload after each use.

Sorry I am unable to comment further.

Best Regards,
Glan
  • #18,114
  • May 1, 2012 6:57am May 1, 2012 6:57am
Quoting sharemaster2
Hi Jojol,

Thanks for the responce, just a note, have you been using this tool yourself? if you have what do you think then, any pointers. I take it you are not new to forex but to Forex Factory right?

Thanks anyway.
I'm not really sure of the EA's relevance to the original method posted here.
I was of the impression that we were only 'breaking out' in the RSI direction.
This EA is assuming you're going in either direction and it does that job very well.

I am relatively new to FX. I've lost some and made none, but I'm seriously considering using Lawgirls method.
  • #18,115
  • May 1, 2012 1:34pm May 1, 2012 1:34pm
Good analaysis of today usd pairs and RSI is good tool for that. Nice shorts.
Create your future with MOON SHOT
  • #18,116
  • May 11, 2012 1:30am May 11, 2012 1:30am
I'm new to these forums and but I've been using a trading strategy like this for awhile. I'm all about price action trading, it is the key to making sound trading decisions.
  • #18,117
  • May 21, 2012 5:52am May 21, 2012 5:52am
hi guys got couple of questions to seek for answer.

i draw lines to look out for the 3 taps in H4.

but pic like this consider a valid 3 taps still?


and do i still have to wait for the 3 arrows (H1,H4 & D1) to be pointing downward before i enter a position for short?

question might have asked quite a lot of times, but because im very weak in comprehending of english, so please please bear with my noob-ness.

oh yes sorry for the bad attachment too, lol not really too good on this using windows.

much easier back on mac.

cheers and thanks in advance!
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400 pips remaining.
  • #18,118
  • May 21, 2012 6:01am May 21, 2012 6:01am
Hi guys,

another question i wish to ask will be about the H1 4C BO.

i understood and had setup the HL boxes to indicate the first 4 candles thingy,

then i have to go down to 15M to look out for complete candles below or above the R/S line is it?

in the pic below, i circled in yellow.

is that what you guys meant by complete candles below, including the tails and body of that candles?

i having this confusing because at the point of time when this candles circled in 15M most of the RSI arrows were pointing downwards.

if i had enter a short on that level, i would be suffering a S/L or something now.

so i believe somewhere i must have miss out something in the procedures.

can i please seek someone experience in this simple method to teach me how to 'fish'?

lastly and again i thanks in advance.
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400 pips remaining.
  • #18,119
  • May 21, 2012 6:48am May 21, 2012 6:48am
Quoting DeReas
hi guys got couple of questions to seek for answer.

i draw lines to look out for the 3 taps in H4.

but pic like this consider a valid 3 taps still?
Definately not... read the thread
In the days of old when sailors were bold, and seldom if ever contented.
  • #18,120
  • May 21, 2012 6:50am May 21, 2012 6:50am
Quoting DeReas
Hi guys,

another question i wish to ask will be about the H1 4C BO.

i understood and had setup the HL boxes to indicate the first 4 candles thingy,

then i have to go down to 15M to look out for complete candles below or above the R/S line is it?

in the pic below, i circled in yellow.

is that what you guys meant by complete candles below, including the tails and body of that candles?

i having this confusing because at the point of time when this candles circled in 15M most of the RSI arrows were pointing downwards.

if i had enter a...
Does it look like its breaking out?

Not to me.
In the days of old when sailors were bold, and seldom if ever contented.
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