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- Naked Trader replied Nov 20, 2012
Hey, CADJPY daily chart. We have got a solid resistance which was broken to the upside and now finding support. The low of today crosses with that area, nice place to look for trades. Regards, Yaniv
Naked Trading Using Price Action (No Indicators)
- Naked Trader replied Nov 19, 2012
Hey, Nice place to look for a trade on the AUDJPY pair. Look with what level the low of today crosses. Regards, Yaniv
Naked Trading Using Price Action (No Indicators)
- Naked Trader replied Nov 18, 2012
Hey Kenawee, I think at that in the following way: lower time frame has all the "noise" of the market, as you go to the higher time frame, you can be sure that the big money is there also. Now, that doesn't mean we can't make money in the 5M chart, ...
Naked Trading Using Price Action (No Indicators)
- Naked Trader replied Nov 16, 2012
Hey Akira, Will post some more if I will spot them. As for trade management, my SL would have been @ BE by now after price had hit the last low (which is your Red line). This was our first trouble area. Have a wonderful weekend
Naked Trading Using Price Action (No Indicators). Regards, Yaniv
- Naked Trader replied Nov 15, 2012
As you can see, it was the right decision to close the trade at that level, price gave a jump at that level. Couldn't take the risk, so closed it. Regards, Yaniv
Naked Trading Using Price Action (No Indicators)
- Naked Trader replied Nov 14, 2012
Hey Kenawee, Think of this in the following way, we enter on a lower time frame but exit on a higher time frame. Reason is that the higher the time frame the more solid orders are around those area. Think to yourself, where do you feel more ...
Naked Trading Using Price Action (No Indicators)
- Naked Trader replied Nov 14, 2012
A nice example to a Daily PB on the NZDCAD pair. I didn't take it, but as you can see, this stuff works very nicely
Naked Trading Using Price Action (No Indicators)Regards, Yaniv
- Naked Trader replied Nov 14, 2012
Now, here is the place to exit, can you see why?. Almost +1.8% to my account. Regards, Yaniv
Naked Trading Using Price Action (No Indicators)
- Naked Trader replied Nov 14, 2012
Hey Akira, Thanks for your kind words, appreciate it. I do trade the Weekly and Daily charts (but obviously it's rare compared to inter-day trading). Regards, Yaniv
Naked Trading Using Price Action (No Indicators)
- Naked Trader replied Nov 13, 2012
Hey, A trade I took today on the break of the flip zone on the 1H chart (USDCHF). I got short on the retest, SL was above maximum price (Red line). SL is now @ BE. Regards, Yaniv
Naked Trading Using Price Action (No Indicators)
- Naked Trader replied Nov 11, 2012
Yes, I was very happy to open the chart Friday and see price dropped like a stone. I'm really not a prophet, just pure and simple price action
Everybody can do it, it's that easy.
- Naked Trader replied Nov 7, 2012
Short NZDUSD — OK....... I took this 8H PB short on the NZDUSD during work hours, so can post it just now
Naked Trading Using Price Action (No Indicators)On the Orange area we got a false breakout of a resistance area on the 8H chart, this false breakout gave us a beautiful PB (Red ...
- Naked Trader replied Nov 7, 2012
And look at that, price came to this level again and dropped hard time. This thing works (as you can see), I like the first retest, retest that come after are more dangerous in my point of view. But still...... worked the second time
Naked Trading Using Price Action (No Indicators)Yaniv
- Naked Trader replied Nov 7, 2012
Hey Kenawee, Your question is not stupid at all, please continue ask questions cause I learn from it a lot. As for your question, I had attached your chart with addition data from my side. After I saw there is a flip on the 4H, I had waiting for the ...
Naked Trading Using Price Action (No Indicators)
- Naked Trader replied Nov 6, 2012
Short USDJPY — Hey, I took the retest after the break of the flip of the USDJPY. I took profit after 1:1 in order to cover the lost of my last trade. Attach is the chart. +1% to the account. Almost BE in total. Regards, Yaniv
Naked Trading Using Price Action (No Indicators)
- Naked Trader replied Nov 6, 2012
I got stopped out. -1% to the account Yaniv
Naked Trading Using Price Action (No Indicators)
- Naked Trader replied Nov 4, 2012
Start of the week — New week is starting. Hope you will have a wonderful week
Silent Service Method.
- Naked Trader replied Nov 4, 2012
Size of account — So, what do you guys think is the right amount for the initial account? I assume it also depends where do you live (like Thailand is cheaper than the US). It's interesting to know what other traders think about it.
I finally quit my day job!