These are very 'busy' charts - so many bells and whistles! What happened to nearly naked? Kind regards, O N D

Nearly Naked (Simple Trades)

Unfortunately I don't have the stamina to go through the whole thread so apologies if these few have been repeated already: An up-move can indicate weakness and selling. A down-move can indicate strength and buying. At least 9 out of 10 traders will ...

AHA moments in your trading career

Congratulations on a very positive month Make sure you tell yourself you deserve the success; you will be less likely to give it back next month. Keep it up! Kind regards O N D

Watch the rise (or fall) of a trader gone naked

Yes, a diary full of scribbles/strategies/musings/self-admonishments I think it's good to have a certain amount of pre-planned strategy and to have areas on a chart or 'what if' scenarios but it must be balanced with an appetite for looking at ...

Trade Anatomy - ramblings of an old-timer

Aha, that explains why I missed it. Feel free to point out if I miss any others in future Can you clarify why you will be treating the long and short entries differently? I'm confused. What value are you waiting on a close above to go long? Good ...

Trade Anatomy - ramblings of an old-timer

Hi Astellas Yes, all due to thin volume. As it happens, it did go for a dip below 8400 briefly so KiwiTrader will wake up to a nice result! Kind regards, O N D

Trade Anatomy - ramblings of an old-timer

Congrats on your trade KiwiTrader If I had to enter on this hourly chart my entry would have been later and less aggressive, after the close of the bar following the pin bar. So, I'd be in around 8467 with a stop above the most recent high, so ...

Trade Anatomy - ramblings of an old-timer

Hello again Pete My very quick scan of the daily and weekly charts for that instrument suggests minor resistance doesn't apply until around 1.17 area? I see what you mean about a breach of the 1.1470 area potentially being bearish. A couple of ...

Trade Anatomy - ramblings of an old-timer

Hello again Pervaz I am afraid I will have to disappoint you. The thread will hopefully evolve in an extremely useful and logical way rather than me writing my memoirs in the first 5 pages and then leaving you all to interpret them I'll throw ...

Trade Anatomy - ramblings of an old-timer

Hello Pete - welcome to the thread I must offer my sincere apologies as I have just realised I missed your post. I will endeavour to answer it soon, promise! Kind regards, O N D

Trade Anatomy - ramblings of an old-timer

Good morning The position at this very minute is rather different for Dollar-Yen compared to when I posted originally. Personally, I still think the recent retracement from the 89 area is about to exhaust itself but this is based on an intuition ...

Trade Anatomy - ramblings of an old-timer

Hi Damien Thank you for your kind words. You have chosen your learning well if you have absorbed what Feb and PeterCrowns have shared. Welcome to the thread. I look forward to your contributions. Kind regards, O N D

Trade Anatomy - ramblings of an old-timer

Hello ha-pattern Quite a hardcore chartist, I see! You have some interesting threads going on the subject. For the purpose of this thread I think it's a little more than I want to go into right now, especially as I have placed the thread in the ...

Trade Anatomy - ramblings of an old-timer

Welcome to the thread, ingmarforex I look forward to your involvement. Kind regards, O N D

Trade Anatomy - ramblings of an old-timer

Glad my energy levels are holding up Astellas - life in the old dog yet perhaps! Yes, you understand scatter graph concept absolutely fine. I wouldn't get too hung up on it as often a trendline serves the exact same purpose. Your assertion that the ...

Trade Anatomy - ramblings of an old-timer

Dollar-Yen analysis for Astellas — Astellas made some points pertaining to the Dollar-Yen weekly chart. See below for a visual. As he correctly points out, a higher low was posted (Feb 2010 - initial low Nov 2009). Should we be on alert to ...

Trade Anatomy - ramblings of an old-timer

Absolutely. Also, look at that first leg and recall what I said about scatter graphs and the statistical trend that we should mentally add to the chart. Recall what I said previously about a move trending and then getting ahead of itself before ...

Trade Anatomy - ramblings of an old-timer

Hello again fthingf Frustratingly, the answer to this question is "it depends". There is a great deal of benefit attached to learning the particular nuances of individual instruments. I have on occasions experienced the rather bizarre and ...

Trade Anatomy - ramblings of an old-timer

Hello again Kiwi Trader I thought I'd best answer this fairly quickly to avoid us getting off-track. The fault is entirely mine and demonstrates the importance of clear language. I was wrong to use the term 'impulse wave' as this phrase has ...

Trade Anatomy - ramblings of an old-timer

Hello again Astellas All of your scenarios are feasible. A few points I would like to make if I may: Look at the hourly chart. What do you see? What I see is... swing low on 25th May (11am UK time on my chart), swing high (26th May, 3pm UK time), ...

Trade Anatomy - ramblings of an old-timer