- Search Metals Mine
- JusticeFX replied Jun 14, 2011
I'm getting long signals on NZD/JPY if anything. RSI's pointing up on H1 with weak up on H4 and W1.
Trade What You See - Almost Naked Trading
- JusticeFX replied Jun 14, 2011
I took a MT trade on AUD/USD. I really need to refine my chart analysis and when to enter these trades. I don't know whether to enter at 8pm, 10pm, 2am, so confusing! Gotta watch for that price action as well.
I also have a buy stop on ...Trade What You See - Almost Naked Trading
- JusticeFX replied Jun 14, 2011
WAIT FOR THE TREND — Hi guys, I'm going to show you a prime example of why you should wait for the trend to be established before taking any of these trades (especially MT trades). I waited last night until 3:00am for London open and took all ...
Trade What You See - Almost Naked Trading
- JusticeFX replied Jun 13, 2011
I'm going to be looking at MT trades in about an hour to an hour and a half into my new candle. Wish me luck! And good luck on yours. (Although, I feel bad saying "luck" because a good trader should expect to win.)
Trade What You See - Almost Naked Trading
- JusticeFX replied Jun 13, 2011
Doesn't MT rules specifically say to take the trade within the first few hours of the NEW daily candle, to capture as much of the day as possible?
Trade What You See - Almost Naked Trading
- JusticeFX replied Jun 13, 2011
Your new daily candle starts already? I still have another 4 and a half to 5 hours before I enter any MY trades. (That's 2 and a half for new candle and then ~2 for daily direction to be established.)
Trade What You See - Almost Naked Trading
- JusticeFX replied Jun 13, 2011
I am finding that when I am entering the H4 3T trades, RSI turns against me very quickly. Is there any way to better filter out bad trades? For example, I went long on EUR/CAD on the third candle because it was going in the same direction as RSI and ...
Trade What You See - Almost Naked Trading
- JusticeFX replied Jun 13, 2011
Perhaps. If so, my filter is a bit more stringent, so I personally would only consider it an inside bar if it's fully inside the range of the previous bar, not equal to. However, looking for the bear flag is a good option as well, thanks. As for ...
james16 Chart Thread
- JusticeFX replied Jun 13, 2011
That's still amazingly impressive. If I was making 3500E a day...oh boy
Great work kostas1. You are my role model. I wish to be like you one day.CHOROS System
- JusticeFX replied Jun 13, 2011
Love this thread guys, keep up the good work. I have a quick question. What does a double bar low lower close mean?
james16 Chart Thread
- JusticeFX replied Jun 13, 2011
Does it not matter then what the higher time frame RSI's are telling us? For example, let's say H4, D1 and W1 are all in confirmation (RSI pointing up), but the actual RSI level is overbought, would we still take the trade?
Trade What You See - Almost Naked Trading
- JusticeFX replied Jun 13, 2011
Took positions on both USD/CAD and CAD/JPY, but within about 30 minutes to an hour, price reversed it's direction and RSI turned around. Just got stopped out on USD/CAD. I wonder: does it matter if RSI is in overbought or oversold levels?
Trade What You See - Almost Naked Trading
- JusticeFX replied Jun 13, 2011
Man, I'd love to enter some trades, but the RSI indicator is behaving oddly.
On a side note, I just found out I can't gap trade with OANDA since their data feed is continuous. 
Trade What You See - Almost Naked Trading
- JusticeFX replied Jun 13, 2011
Yes, something seems up with the indicator. Like NZD/USD has been dropping in the past couple of hours, but the indicator still shows neutral for everything but monthly. EDIT: Scratch that, it randomly changed to diagonal up arrows for H1 and H4. ...
Trade What You See - Almost Naked Trading
- JusticeFX replied Jun 12, 2011
Holy crapola, mine are so different. Do you think it has to do with Sunday data?
Trade What You See - Almost Naked Trading
- JusticeFX replied Jun 12, 2011
I'm not sure if it's just me right now, but almost every single pair I'm watching is showing neutral RSI via LG's indicator. (Especially on the H4, D1 and W1 TFs)
Trade What You See - Almost Naked Trading
- JusticeFX replied Jun 12, 2011
I think we should set up a couple of research projects on this system to be honest. I'd love nothing more than to go back to school with an amazing high probability system set-up and trade while I do my education.
Trade What You See - Almost Naked Trading