barbara1713006084 Posted August 13, 2009 Report Share Posted August 13, 2009 Re: Price Action, Naked trading only Hi guys, I am new here ,would like to join this naked club not even in g string! :-? =)) =)) very nice!!! I have one naked indicator that I love ... it shows 123 pattern ... you can download it here http://www.4shared.com/dir/17716478/cae6de7c/sharing.html Barbara Stonecold69, itradeforex and maddman 3 Quote Link to comment Share on other sites More sharing options...
PitDee Posted August 13, 2009 Report Share Posted August 13, 2009 Re: Price Action, Naked trading only Hello, Just joined this site not too long ago, I am just a newbie, just started my demo account this week, trading naked, so far it's been wonderful, hope will continue this way.... Here is my trading results so far... Pitdee. Quote Link to comment Share on other sites More sharing options...
PitDee Posted August 13, 2009 Report Share Posted August 13, 2009 Re: Price Action, Naked trading only Sorry my previous post had a bad quality image, I had to resize the image to 50k as the max size for an attachment. This time I tried with candlesticks, I hope the chart can be seen better (well, it's naked chart, so there is really nothing to see). As you can see from my trades, all trades are scalping type of trades trying to squeeze a few pips here and there, this is not my goal though, I am planning to trade 'daily' chart, it's far more profitable and less stress. Don't forget your stop loss! (I don't always place my stop loss when I am glued to the screen, but stop-loss is always there when I am away from the computer screen, just in case market is going crazy...) And don't forget to always follow your risk rules! (again, in case market is going crazy :)) Good trades everyone! Quote Link to comment Share on other sites More sharing options...
h3ndry Posted August 14, 2009 Report Share Posted August 14, 2009 Re: Price Action, Naked trading only =)) =)) very nice!!! I have one naked indicator that I love ... it shows 123 pattern ... you can download it here http://[email protected]/dir/17716478/cae6de7c/sharing.html Barbara thanks barbara ;) Quote Link to comment Share on other sites More sharing options...
saronian Posted August 15, 2009 Report Share Posted August 15, 2009 Re: Price Action, Naked trading only Do you see this chart, the pattern. Can you tell me where the price might go for the next coming week? What a beautiful naked trading. Quote Link to comment Share on other sites More sharing options...
saronian Posted August 17, 2009 Report Share Posted August 17, 2009 Re: Price Action, Naked trading only See the form of the double top resistance there. If price fail to break this line and the current candle stick close below the previous candle opened price ( engulfing pattern ) then the price might go downward. Otherwise the price will be going up. What a beautiful naked trading. Quote Link to comment Share on other sites More sharing options...
saronian Posted August 17, 2009 Report Share Posted August 17, 2009 Re: Price Action, Naked trading only U see the power of naked trading? Quote Link to comment Share on other sites More sharing options...
scratschie Posted August 17, 2009 Report Share Posted August 17, 2009 Re: Price Action, Naked trading only Hello, I learn exactly the Traden and want to try to learn here much in the forum. I find interesannt the system of SEFC very much. I first look around. Quote Link to comment Share on other sites More sharing options...
saronian Posted August 17, 2009 Report Share Posted August 17, 2009 Re: Price Action, Naked trading only The Sellers are trying hard to break out the major support. U see that? If they did it u might see the GBP will fall to 1.6130. If they did not then the buyers will win the battle. Quote Link to comment Share on other sites More sharing options...
saronian Posted August 17, 2009 Report Share Posted August 17, 2009 Re: Price Action, Naked trading only Price breakout the double top resistance but hit the upper channel line and go downward. it seems the buyers fail to breakout this one. Let's see after the current H4 candle closeout. If "inside bar" was formed it will be strong signal to sell the USD. U see how the naked trading tell us about market? Quote Link to comment Share on other sites More sharing options...
dnana Posted August 21, 2009 Report Share Posted August 21, 2009 Re: Price Action, Naked trading only hi all, i am learning to read price action recently bought albrooks book on price action but it is very hard for me to grasp the contents while going thru this particular thread lots of books is suggested which one to start first ? ^:)^ means should be simple enough yet teaches some basic chart reading so that it can be profitable i trade stocks thanks Quote Link to comment Share on other sites More sharing options...
sean1713006104 Posted August 23, 2009 Report Share Posted August 23, 2009 Re: Price Action, Naked trading only Hi, Here is a book " Trade What You See: How to Profit From Pattern recognition" by Larry Pesavento and Leslie Jouflas.Discusses the AB=CD pattern amongst other things. http://rapidshare.com/files/270654496/Trade_What_You_See.rar delfin20 1 Quote Link to comment Share on other sites More sharing options...
dnana Posted September 2, 2009 Report Share Posted September 2, 2009 Re: Price Action, Naked trading only i have compiled albrooks articles in futures magazine they r very basic ;) it helped me to go thru reading price action -albrook book easier so uploaded here is the link: http://rapidshare.com/files/274584990/al_brooks.rar delfin20 1 Quote Link to comment Share on other sites More sharing options...
Mindsphere Posted September 3, 2009 Report Share Posted September 3, 2009 Re: Price Action, Naked trading only Anyone here use Renko charts to watch pure PA? I quite like the visual they give you of the entire day, it makes it very easy to see S&R levels at a glance! Quote Link to comment Share on other sites More sharing options...
cdavis5766 Posted September 3, 2009 Report Share Posted September 3, 2009 Re: Price Action, Naked trading only a must read is "Pring on Price Patterns" if you want to trade naked and then combine price patterns with basic horizontal snr lines you will get a clear picture of where the market wants to go sheetal 1 Quote Link to comment Share on other sites More sharing options...
learningfx Posted September 23, 2009 Report Share Posted September 23, 2009 Re: Price Action, Naked trading only Hi cdavis5766, do you have the ebook 'Pring on Price patterns' to share with us all. Quote Link to comment Share on other sites More sharing options...
sam_konna Posted September 23, 2009 Report Share Posted September 23, 2009 Re: Price Action, Naked trading only I want to share with you all my friend how we can trade as a naked trader. This is the 1st time i disclosse 1 of my naked trading strategies. BUT STEP.1 We must allready read CANDLESTICK MADE EASY . http://img35.imageshack.us/img35/6796/clickbank06.jpg DOWNLOAD LINK : http://www.easy-share.com/1907874172/Candlestick Made Easy.rar After you understand the principle of price pattern Bouncing (pages 28 to 30) & Break (pages 34 to 37) of the Candlestick, now we can go into ... STEP. 2 Find the Opening Bar this day, you can change your charts into Daily timeframe find the "Open" example this day 1.47886 (Alpari US), Here's the screenshoot of the Daily Charts Timeframe: http://img43.imageshack.us/img43/2/62258124.png after that we can back again into the charts m15. Mark with Horizontal Trendline 1.47886 STEP. 3 Take 3 number of 1.47886 so we get 147. Now 147/3 = 49. Resistance: 1.47886 + 0.00490 = 1.48376. Support : 1.47886 - 0.00490 = 1.47396. So we get; Resistance = 1.48376 PIVOT = 1.47886 Support = 1.47396 http://img22.imageshack.us/img22/1842/psr.gif END Of The Chapter. 1 Chapter. 2 Entry & Exit, Incld. SL, & TP will be Continue after this. If any question please leave the message by post in this thread. Regards; :-bd Quote Link to comment Share on other sites More sharing options...
dr0o69 Posted September 23, 2009 Report Share Posted September 23, 2009 (edited) Re: Price Action, Naked trading only thank you indo-investasi... now i become a better trader... Edited August 7, 2010 by dr0o69 Quote To know and not to do is not yet to know - Zen Link to comment Share on other sites More sharing options...
sam_konna Posted September 23, 2009 Report Share Posted September 23, 2009 Re: Price Action, Naked trading only Chapter. 2 ENTRY : 1. Look for price hit/touch the Support/Resistance Watch the form of candle are they full of momentum or lack of momentum (see the ebook Candle Stick Made Easy). 2. If They Lack Of Momentum ussually the next candle will be form as a Bullish/Bearish Engulfing Pattern, Railroad, Dark Cloud, Piercing, Morning/evening star, etc (Please read the ebook). so after they form wait 1 candle to be form as a Bull (if they hit Support), a Bear ( if they hit Resistance). So the Formula for Lack of Momentum or a Bouncing Trade is : TOUCH (Support/Resistance) + Form Pattern + Confirmation Candle = next Candle Enter ! 3. For Full Momentum situation (Break Trade), watch the Candle penetration from the Support/Resistance, & pay attention the form of the candle ussually the candle form is Long (Morubozu Pattern). because this trade using m15 Timeframe i suggest we enter the Market like SRDC.1 Advance Strategies Level.1, please read the ebook bellow : http://www.forexsharing.com/484996 So the Formula for Break Trade : BREAK SUPPORT/RESISTANCE (with Long Candle) + Wait the candle form @ outside Support/Resistance & confirm as a Bullish/Bearish Candle = Next Candle Open Trade. EXIT: StopLoss : 147/3 = 49 pips Take Profit : 1st Target : 20 pips close partial of contrac, move the StopLoss to Breakevent for the rest. 2nd Target : Pivot + 5 pips (for SELL); & PIVOT - 5 pips (For BUY). 3rd Target : 147 pips. Pair to trade : EUR/USD TimeFrame : m15 I hope my share can be helpfully for us. Sincerly; :-bd Quote Link to comment Share on other sites More sharing options...
sam_konna Posted September 23, 2009 Report Share Posted September 23, 2009 Re: Price Action, Naked trading only Another Strategies Twist (Tweak) : After we did the Step 2 & 3, we can made a Ross Envlope base those Support & Resistance; see the example : http://img513.imageshack.us/img513/431/45407561.gif For the refference book is TRADING BY THE BOOK by Joe Ross : http://mihd.net/fliv1h DJVU Reader : http://windjview.sourceforge.net/ Regards; :-bd Quote Link to comment Share on other sites More sharing options...
sam_konna Posted September 23, 2009 Report Share Posted September 23, 2009 Re: Price Action, Naked trading only How we made those Ross Envlope by using Fibonachi Retrachement ? Here's : 1st Fibonaci (Fibo Level): (from Resistance to Support/Upper to Bellow) 0 = Support 0.5 = PIVOT/TARGET 1 = Resistance 0.146 = SELL 0.854 = BUY -0.146 = Strong RESISTANCE -0.236 = Break This Level = BUY 2nd Fibonacci (Fibo Level) = (From Support to Resistance/ bellow to upper) -0.146 = Strong SUPPORT -0.236 = Break This Level = SELL I hope this will be very2 usefull for us. Sincerly; :-bd Quote Link to comment Share on other sites More sharing options...
dr0o69 Posted September 23, 2009 Report Share Posted September 23, 2009 (edited) Re: Price Action, Naked trading only thank you indo-investasi... now i become a better trader... Edited August 7, 2010 by dr0o69 Quote To know and not to do is not yet to know - Zen Link to comment Share on other sites More sharing options...
roger88 Posted September 23, 2009 Report Share Posted September 23, 2009 Re: Price Action, Naked trading only Hi cdavis5766, do you have the ebook 'Pring on Price patterns' to share with us all. Hi learningfx, You can try http://books.google.co.id/books?id=KYqEYbA6RR8C&printsec=frontcover&dq=pring+on+price+pattern# Only Part I and II. Quote Link to comment Share on other sites More sharing options...
sam_konna Posted September 24, 2009 Report Share Posted September 24, 2009 Re: Price Action, Naked trading only @sam_konna, I've got several question: 1. what is the function of number '3'? where did it comes from? Did you mean the 3 number for extracting or why divided by 3 ? 2. is number '3' can be used on other pair beside eurusd? You can try with GBP/USD, But this i'm only used at EUR/USD. 3. what is the best time (range) to trade with this method? You now my friend, generaly EUR/USD start move (High Volatility) when the European Market starts (01:00 ET) but sometimes, previous day have an important news has made strong move for this pair; so the result in Asian Market the movement has start too. 4. how to make fibo line like what you did in attachment picture? 1st Fibo made the level like this : 0 = Support 0.5 = PIVOT/TARGET 1 = Resistance 0.146 = SELL 0.854 = BUY -0.146 = Strong RESISTANCE -0.236 = Break This Level = BUY 2nd Fibo like this : -0.146 = Strong SUPPORT -0.236 = Break This Level = SELL 5. is there a special condition for exit strategy during news announcement? let's take today's case for example. Actually small news we don't worry, but such NFP, FOMC, or somekind of important event i suggest if you allready a position, you quickly go out, but if you don't place any trade, don't place any trade 1 Hour before & after the News. Many thanks! You're welcome :) Quote Link to comment Share on other sites More sharing options...
dr0o69 Posted September 24, 2009 Report Share Posted September 24, 2009 (edited) Re: Price Action, Naked trading only thank you indo-investasi... now i become a better trader... Edited August 7, 2010 by dr0o69 Quote To know and not to do is not yet to know - Zen Link to comment Share on other sites More sharing options...
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