Naked Chart Trading EJ, GJ, GU, EU

Over the weeks and months, I have realized that essence of the abbrev. KISS.

Our minds needs to be as simple and as free as possible for trading.

Moreover, I'm implying 70% of my trading would be psychological, which would include money management, rest would be simple chart pattern reading on a 4H chart.

I would want to make trading as simple as possible as watching TV.

The chart shows a reverse head and shoulders pattern for EURJPY, however, as we have almost reached the daily average pip count in EURJPY, it would now depend on how higher the dow goes, we could still get 50 to 70 pips more if the dow goes higher than 8188 level.

8188 Dow mark is closed, we could expect the EJ to go up and hold the position around...today there would not be a reversal from this high post to negative

wow what just happened...70 PIP move in a sec, the FOMC stuff and related news could be the reason, anyway the trend is up tomorrow there could be a correction or more possibly a continuation of the uptrend.

The 4H chart after some hours will show more accurate direction

Dow Futures is moving up, looks like it is a continuation of yesterdays move. Asian session seems to be up also.

I go with EURJPY, but the good thing about all pairs are move if one moves others pairs MUST go in some direction and leave a trail of patterns.

As expected the move is up...looks like another 100 to 150 PIPs From now

Very high fluctuation...but we already knew DOW is going to be up today...so hold ur horses..the trend is up for now

Looks like the market flow is north up the chart shows three swings...which will add more strength to go higher up.

Dow futures is also slightly up

A very nice article on fibnocci and whats coming based on it.

I read financial sense and globalresearch.ca for the daily dose of real news

http://financialsense.com/fsu/editorials/2009/0430.html

Great

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Rectangle Pattern

The market flow was generally up last week. Looks like we may have a continuation of it as DOW futures seems to be bullish on a technical level.

I work on towards keeping my trading as simple as possible from the last trade, so if one currency moves other will move concurrently.

so it is better to go with single currency pair than looks for 10 different currencies.

Seems like the market is heading northwards so will the currency pairs. Japan bank holiday, yet the EU, GJ reached the querter mark for more upward movement.

In my experience the market holds the morning direction 80% of the time, however, when the market reverses during the rest 20% of the time, we get scared and change our way of thinking.

The key is stick to our own thoughts with discipline. In the long run, we will be winners.

Market has definitely change direction it seems to be fully bullish now, we could expect market to go higher up in this week as DOW seems very bullish.

simple trade to be made this week, tough time of last month should be over

Looks Like EJ still has a way to go up. By london session, we should see sme bullish moves further.

There is a zig Zag lines in GJ in 4H..looks like a bullish move now

The Zig Zag move did hold in GJ, but we have to wait till US market to see if the trend continues, it should in all possibility cos for last two days, GJ have not moved much .

Does Naked charts makes me a better trader ??

was wandering the same bro..more like topless help's to trade

Personally for me, it has cut down on unwanted information, and as my intention is too keep myself simple as much as possible while trading it has helped me with an open mind.

Even candle, support and resistance are extra information.

With all the unwanted information out, im now able to concentrate more on controlling my mind.

The More disciplined my mind the more trading will get better, what better way to go than start naked

Market all down clear tank top in EJ, the issue is, we do not untill it crosses half way mark, so every point in trading i think has 50 50 chance of going up or going down.

Yeah. I like 131.00/131.20 to attempt a short.

This is as naked as one of my charts will get ... sorry (haha)