Reading through this thread I see the mention of the V formation (123, ABC and variations thereof) as entry criteria for trend friendly trades. I know you guys pride yourselves on trading "naked charts" but thought that I would pass along a very simple swing trader's trick that has been around since day one in the pit and is pretty close to giving you a naked chart. It seems to match up quite nicely with the above mentioned formations. It consists of a 10EMA of the highs and an 8EMA of the lows. Heads up when price is between the EMA's. Trade could possibly be taken on a close of the bar above(below) the 10EMA. Who said trading has to be difficult? LOL.
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Stay calm, be brave, wait for the signs - Jasper Friendly Bear