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Author Topic: Naked Chart Trading  (Read 25708 times)

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FF

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Re: Naked Chart Trading
« Reply #95 on: February 07, 2010, 11:40:32 PM »

Hi HC,

thanks for directing me to this section.
I need probably 1 or 2 weeks spending my time in TAF before I can comment about this trading.

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HC

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Re: Naked Chart Trading
« Reply #96 on: February 08, 2010, 08:48:26 AM »

dax:

You are welcome.

Do spend screen time (demo) trading this method, as nothing can replace real time experience.

Happy pipping :) .
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FF

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Re: Naked Chart Trading
« Reply #97 on: February 08, 2010, 10:37:00 AM »

Hi HC,

this guy's naked trading is so similar to my colleague's.
He made his 2nd million this year and he doesn't even know how to read chart.  ;D
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HC

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Re: Naked Chart Trading
« Reply #98 on: February 08, 2010, 02:33:41 PM »

This is the live trades done this afternoon, that I got caught on the wrong side, flipped and get out at small profit:

Pair: EURUSD, M5 Chart:

B 1x1.3647 scout deployed
S 2x1.3639 flip to short
S 2x1.3632 attack
B 2x1.3630 attack removed
B 1x1.3623 close position to fully hedged, then close hedge positions.

Session Profit: 12 Pips
Open drawdown: 12+- pips max.

Note: I tried to close attack level at 1.3625+- but was unable to do so because of requote.
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HC

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Re: Naked Chart Trading
« Reply #99 on: February 08, 2010, 04:08:17 PM »

This is another session that follows:

Pair: EURUSD, M5 Chart:

B 1x1.3646 scout deployed
B 1x1.3649 attack, size did not increase as too close to previous top
S 1x1.3653 attack removed
S 0.5x1.3658 scout reduced as price approaches previous top
S 0.5x1.3666 balance of scout removed, session closed.

Session Profit: 20 Pips
Open drawdown: 0 pips

Note: Notice that my view of closing the previous (short) session is correct.
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