I will post here some simple stuff. Just for fun. Post some trades I took and the rationale behind. Most likely I will analyse the majors on 1h chart. I trade naked and try to be as simple as I can. That means no moving averages, stochastics and ^&^*& like that. Trendlines, support/resistance and candlesticks. I hope I help some people to trade better with that. Or prove to myself that my approach is completely wrong.
So here is the first. It is very simple. Get in at the green, get out at the red. Big &(*&*( red line is the stop loss. Oh no MACD, RSI, and stuff like that. For the curious...the buy signal is also confirmed buy a pin bar or hammer.. The get out signal was confirmed by a "hair" , a series of pin bars...
So here is the first. It is very simple. Get in at the green, get out at the red. Big &(*&*( red line is the stop loss. Oh no MACD, RSI, and stuff like that. For the curious...the buy signal is also confirmed buy a pin bar or hammer.. The get out signal was confirmed by a "hair" , a series of pin bars...
.