Lawgirl forex

Trade What You See - Almost Naked Trading @ Forex Factory

 

lawgirl forex

LawGirl's 4H strategy Trading System Free Forex Strategies, Forex indicators, forex resources and free forex forecast In the pictures LawGirl's 4H strategy forex system in action. Lawgirl's Trend Display. Forex Trading System. Lawgirl's Trend Display vrar. compressed file archive KB. #Next Step Lawgirl Forex Factory is best in online store. I will call in short name as Lawgirl Forex Factory For folks who are trying to find Lawgirl Forex Factory review. We have more info about Detail, Specification, Customer Reviews and Comparison Price/10(K). Lawgirl Forex Factory On Lawgirl Forex Factory Sale. For individuals who are seeking Lawgirl Forex Factory review. We have additional information about Detail, Specification, Customer Reviews and Comparison Price. I recommend that you check the purchase fibucadibu.ml Factory is for professional foreign-exchange traders. Its mission is to keep.


Lawgirl Forex Factory


My system is simple. It is a basic trend following one using the weekly, daily and H4 charts. I have made a goodly amount of money using this system, lawgirl forex, although I cannot say that I "discovered" it.

I have followed several threads on FF, some with more success than others, lawgirl forex, have downloaded about every indicator known to man, lawgirl forex.

I do not have my ego involved in this thread, lawgirl forex, as I have noticed many "thread starters" do. I have been a successful attorney for many years and have no need to prove anything to either myself or to others.

I do believe in helping others though, and can think of no better way than by sharing my little knowledge with other like minded traders, lawgirl forex, hoping that we all become even more successful together. I post on two other forums on FF and have had many traders ask about my trading and charts Chart Set Up Save as template: H4 candlestick chart with period separators. Add to this chart a standard RSI lawgirl forex set with period 3. That's it See the first chart below.

It is the Almost Naked chart which is the foundation of all of the trading set-ups which I will discuss below. All three 3 timeframes TFs must be in agreement confirmation on direction.

Scan through any or all pairs you wish to trade and jot down only those which have confirmation of direction on all three TFs. Do this by observing the RSI, lawgirl forex.

Notice that it is also short. This will be a pair "of interest" if and only if the direction on the daily and weekly lawgirl forex confirm lawgirl forex H4 chart direction. Concentrating only on those pairs with trend confirmation and one at a time: On H4 chart take a long look at what you see. You know the direction you are looking for from your previous scan of the pairs.

Marking with an arrow helps give a quick reference to direction. Entry Here is where patience comes in. Enter in designated direction only after PA has tapped the trendline 3 times Knock three times on the This "refinement" is David's idea on Trendline Scalping thread I use support and resistence levels for both. Let me know if anything needs further explanation. A: When desired trade is long and 3rd tap candle is long green on my chartsenter immediately.

When desired trade is short and 3rd tap candle is short red on my chartsenter immediately, because both a set-up and a trigger has occurred in each of these scenarios, lawgirl forex. Q: I notice that usually when the 3rd tap occurs, the RSI is not supporting the direction of the desired trade. Remember there is a difference between a trade set-up and a trade trigger.

The set-up is the 3 taps, lawgirl forex, the trigger is PA in the right direction. This is consistent with the question above. Q: Do you use M30 or M15 charts on the 3 tap trades? A: Although I don't use shorter time frames TFs for 3 tap trades, some traders have indicated to me that they use these TFs to observe price action PA before entry. I do use the TFs for breakout trades BOlawgirl forex, discussed below. It works hand and hand with the 3 tap trade.

Often we can see PA going in one direction and want to get in, lawgirl forex, but need a logical way to do it. Certainly 3 tap is one way, lawgirl forex, but what if you do not see a good 3 tap set-up on the H4 chart?

Then move to the H1 lawgirl forex and take a look. The H1 4 candle breakout set-up: A. This is a price action PA trade and the weekly RSI direction does not need to match the direction of the trade.

Because this is considered a "fast" trade You will be looking at the lawgirl forex of the first four H1 candles of a new trading day That is one reason period seperators lawgirl forex to be placed on the chart. Place horizontal lines at the highest high of these four candles' bodies not including the tails, if any and the lowest low of these four candles' bodies, again, disregard the tails.

Wait for a breakout in the direction of the bias. The entry takes discretion, as the quality of the candles is important to observe. NOTE: You can set this up several hours after the fourth candle that you are observing.

For example: My first four candles are from pm - pm. I may not get to the set-up until 8 or 9 p. That is ok, in fact, that gives time to observe PA, lawgirl forex. Do verify the lawgirl forex bias again, however. When they happen together, the odds of a great trade increase dramaticaly, lawgirl forex.

I don't take these just any time that lawgirl forex conditions are true. I, want to see the HT happen first, most likely the RSI's wont be in total agreement at that time.

Then, lawgirl forex, I want to see the breakout happen within a lawgirl forex hours, two or three at the most, with four hours maximum.

After four hours I feel that the real advantage has expired, lawgirl forex. Not that it will not or could not still be a very nice trade, just that it no longer has the force of the dual confirmation behind it.

For either of these trades I'm looking at the M15 chart for the breakout confirmation, and yes price action needs to reflect the momentum as well. When this happens I'm usually looking at a M5 chart for lawgirl forex because I want to get in as early as I can Q: Do you limit the number of pairs you look at and trade? A: I watch the majors mostly but also keep an eye on the others as well.

To keep a close watch on them all is a bit daunting but it's doable becaue of the time frame involved. I do pay close attention to the spread, which influences whether I want to take the trade or not. If the spread is lawgirl forex, then I'll just pass on the trade.

At times I'll have two Lawgirl forex drawn, lawgirl forex, a bullish and a bearish, lawgirl forex. Then I adjust them as the market dictates direction. I draw all the HC-BO's at the close of the fourth hourly bar from period separator to period separator.

At times I will start drawing these sooner It is quite simple. There must be directional confirmation on both the weekly and daily RSI. If monthly also, lawgirl forex, the better, lawgirl forex, but not necessary. Enter using either the H1 4C BO entry or 3 Tap entry or other entry of your choice in the direction of the RSI within the first few hours lawgirl forex the beginning of your new daily candle, if possible whatever time of day that is for yousay within the first 6 hours although 6 is arbitrary.

The point is, we are trying to capture as much of the full day as is possible. Immediately place a 30 pip SL. Then forget about it. Next day at around the same time check the trade. It will have done one of 3 things: a hit the SL, b taken off, lawgirl forex, or c ranged around. If: lawgirl forex Oh, well Rinse and Repeat

 

 

lawgirl forex

 

Forex Factory is for professional foreign-exchange traders. Its mission is to keep traders connected to the markets, and to each other, in ways that positively influence their trading results. lawgirl21's Profile @ Forex . #Next Step Lawgirl Forex Factory is best in online store. I will call in short name as Lawgirl Forex Factory For folks who are trying to find Lawgirl Forex Factory review. We have more info about Detail, Specification, Customer Reviews and Comparison Price/10(K). Lawgirl Forex Factory On Lawgirl Forex Factory Sale. For individuals who are seeking Lawgirl Forex Factory review. We have additional information about Detail, Specification, Customer Reviews and Comparison Price. I recommend that you check the purchase fibucadibu.ml Factory is for professional foreign-exchange traders. Its mission is to keep.