What you're illustrating is exactly how I trade now after wasting time with indicators and trading systems that never worked. But in order to increase my chances, I apply your naked trading only at or near a long or intermediate Support/Resistance level. I further enhance my strategy with an order flow software for signs of a continuation or a retracement around my S/R. I trade futures. 1 or 2 trades/day. 57% profit, 29 months exper.