GBPUSD Hourly — Trade taken: Short taken at the blue arrow after it broke the support. There is also a 3L trend and its below a 50MA

Trade What You See - Almost Naked Trading

Would you ? — Short GBPUSD. 3T on 1 hour. Only problem is the 4hr RSI is up - but daily, weekly, monthly and hourly are all down Chart attached. Edit: I want to wait until the 1hr candle closes. If its a bear candle then i will set SL at ...

Trade What You See - Almost Naked Trading

PDF — Hi Doom Any more news on the pdf ? Thanks

The Touch Trader Method

. — Hi Can you explain with a chart or 2 how you "i managed to fine tune the way i draw trendlines and got it right almost 95% of the time." tHANKS Monk

Trend Breakout/Breakdown Method

. — Hi franklinX Sounds like the start of a great thread. Im glad im at the start !! Im going to check: a, pinbar entries with the accompanying candle for direction b, use the 30 sma on a 15 min timeframe 2. Im not too sure on what the other ...

Candlestick Trading

Do you have another thread or any more elaborations on identifying a trend using a simple and mechanical method ? Monk

Drawing Correct Trendlines

hi aediaz1 — hi aediaz1 I have seen your thread at Igrok I believe you are really helping and throwing out pearls Please contine - I am listening (reading) and very interested Please do you have more examples ? When you draw 3 touch trendlines ...

Drawing Correct Trendlines

UK/London — Hi Anyone trading this method from London, UK Its boring waiting for the candles lol

Trade What You See - Almost Naked Trading

Advice — I am trying to do the 1hr breakouts but how do people get the channels for the breakout - do you use the last hour candle from the previous 4 hour and use that or the first 2 hours in the new 4 hour period ?

Trade What You See - Almost Naked Trading

/ — Hi Doom Nice summary - still have a couple of questions (dummy ones!) Do you have a pdf - simple step by step chart ?

The Touch Trader Method

. — Hi Thanks for that So do you need 2 touches for a valid S&R line ? Thanks

The Touch Trader Method

Drawing S&R Lines — Could you explain a bit more regarding drawing S&R lines. I either end up with too many and cant see wood for trees or no where near the price. My take on it is that there are should be 2 touches for a "valid" support ...

The Touch Trader Method

Trade - E/U 5 min — Rationale: Price above 240 Saw a pin (well with reflection it is a "bad" pin - with no clear swing low. Lesson learnt that the pin is in the shadows of the 11:00 candle I put the SL a few pips lower the end of the pin and ...

Ordo ex chao (Order out of Chaos) - TheMonks path to Price Action.

First Trade - G/U — Rationale: Price above 240WMA price made HH, dropped to HL and hit 1.53200 which is also the 50% fib (1.53314) Put a purchase on at 1.53578 SL: 1.53060 TP1: 1.54300

Ordo ex chao (Order out of Chaos) - TheMonks path to Price Action.

. — Hi dave I was just looking thru the old posts and noticed your formula for cal lot sizes. What is the 10 multiplier ((pips risk x 10) ) thanks

EOD trading system

PistolDave — Did you take the 2nd signal on swissy, after your first signal failed ?

EOD trading system

Dave thats how i work out the r:r (atr(5)/(bar close-stop)) but due to timing differences i work on close of bar than 9pm like paul i might downlod a years data and manually test it both days (with eod and r:r > 75%) I notice u dnt use the eod ...

EOD trading system

R:R — Can you let us know how you calculate your risk/reward Dave, with a chart or 2, i am using 2% and having a few losers. I am looking at a signal and I use the atr(5) for today and set the TP (SL is EOD + 10pips) Monk

EOD trading system