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specgoldbug

12,874 Posts.

370

26/03/19

22:57

Post #: 37893617
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Originally posted by RickM ↑

Hi Spec

We could have a great discussion on your post, I have different ideas but that doesn't mean your concepts aren't good to.
Please stick to Naked candles on this thread so we can work together.

Here was my USDJPY trade I took and closed a hour ago.
Entry Candle was 32 Pips and I achieved 32 pips profit.
There is one issue with this trade that was RESISTANCE just ahead. Due to my experience, I was sure the power in the entry candle would break resistance and move ahead. This was a risk I won't take on candles lower than H4

So I did achieve 32 Pips but I broke my entry conditions on this trade and got lucky.

Expand

your obsession with naked candles is counter-productive....as we need em smooth to define T/L and structure...then can go naked

I will use you earlier chart example...and it was an 'after the fact' chart

NOW HERE...ON SMOOTHED CANDLES...
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