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Daily Chart Trading - The Naked Way
Started Apr 27, 2014|Trading Systems|43 replies
One key thing which the most traders lack and which the market requires is PATIENCE. You can ...
Long AJ...targeted high scores marked with X.
Long AU. X marks targeted high scores from the last down move. Will watch the reaction to each. The two leftmost bars are considered a part of this down move because they help make up the swing high.
Hi whoareyou, I'm sorry but I have done my best to break it down as simply as possible. What you can do is just follow a couple of my charts and you will be good to go.
Booked all profits and will stand aside until daily close. AJ also showing weakness at low score and is now testing. NJ and AU at decision levels.
Short EJ...watching low score which pair just bought up from.
Will see what happens with this EJ later.
AU Short filled. Thought I had posted a chart for this trade.
AJ buy profited and short trade triggered.
Thanks Martin, I will do so in post #1.
Should have moved stop to entry as soon as this low score was hit as there was strength shown there. Nevertheless, you can see how the buy kicked off and is now targeting the high score in the chart below.
Small buy on AJ and pending short at strength shown on low score bar.
One key thing which the most traders lack and which the market requires is PATIENCE. You can ...
I like this system in principle but, not sure about the risk aspect. Juri, do you mind if personal entries are tweaked?
Sorry about the BE question, I just reread post #1.
Could that huge bearish engulfing still be in play based on your rules?