Naked Chart Trading and discussion

[Rams Fan]

This has got to be the weirdest trading forum of all the trading forums in the history of trading forums.

There are like 5 people who know a thing or two about a thing or two. Then there is the lost population from the island of misfit toys.

 

[Overnight]

This has got to be the weirdest trading forum of all the trading forums in the history of trading forums.

There are like 5 people who know a thing or two about a thing or two. Then there is the lost population from the island of misfit toys.

Are you not entertained?!?

 

[MarkBrown]

This has got to be the weirdest trading forum of all the trading forums in the history of trading forums.

There are like 5 people who know a thing or two about a thing or two. Then there is the lost population from the island of misfit toys.

once there was a primitive throwing rocks at the guy who invented the wheel. what madness it must have seemed to the unenlightened masses.

"imagine"

 

[David's faith]

once there was a primitive throwing rocks at the guy who invented the wheel. what madness it must have seemed to the unenlightened masses.

"imagine"

You know, in the stone age, the first wheel was a stone table with a pole stick for the strippers, then it accidentally ran down a hill...

Back to topic: If you watched PA long enough you start seeing things over and over and can predict their outcome

 

[ZBZB]

Looks like your target hit if you held?

I use a DDF (Directional Day Filter) found in a trading book - one of those so many ignorantly say to not to bother with. It takes first 5 minutes trading average and plots for the first 60 minutes of the day. For currencies I use 2am-3am European open. Then look to how many bars median price is above 1st5min average and how many are below to judge trend of the day. If they about equal then expect a choppy trendless day. Works overall 75-80% of the time.

For today USDCHF was projected to be up - take only long signals, which it was for the most till PPI reading.
View attachment 301210

What was the book? Interesting post, thanks for sharing.

 

[SunTrader]

What was the book? Interesting post, thanks for sharing.

Four Steps to Trading Success by John F. Clayburg

 

[TrAndy2022]

Beautiful trade yesterday on NZDUSD short with only 4 pips drawdown and 36 pips profit, so 9:1 RRR trade. Small size traded real no demo trades anymore.

 

[TrAndy2022]

EURUSD short trade since yesterday with 19 pips drawdown and 63 pips gain so 3.3 RRR trade.

 

[TrAndy2022]

Lovely trade on CHFJPY short, went 8 pips against me, but banked then 90 pips, so 11:1 RRR trade.

 

[TrAndy2022]

Nice catch on EURJPY short today with 27 pips DD and 102 pips gain, so 3.7R trade.