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Trade What You See - Almost Naked Trading

  • #481
  • Oct 4, 2010 8:21am Oct 4, 2010 8:21am
Quoting lawgirl21
Both.

Sorry, I thought you meant in general. I am not live on EURGBP yet. It has to show profit first, then I will go live. I am live GBPJPY as it is in profit.
  • #482
  • Oct 4, 2010 8:24am Oct 4, 2010 8:24am
Quoting lawgirl21
Thank you, sun is not up yet, but I'm sure it will be a fine day...most are in California. How about you, is it cold yet?

hello...are you still on EG short and what is the TP?
The World As It Is Can Do With Your Positive Disposition
  • #483
  • Oct 4, 2010 8:26am Oct 4, 2010 8:26am
Quoting lawgirl21
Thank you, sun is not up yet, but I'm sure it will be a fine day...most are in California. How about you, is it cold yet?
No, it is quite fine here in Germany, something like a golden automn ... with about 23 degrees today and the sun is shining

And in the currencies E/U and E/J I discover dips / retracements / pull backs on the daily and 1 H ... or what do you think about it?
  • #484
  • Oct 4, 2010 8:27am Oct 4, 2010 8:27am
Quoting lawgirl21
Anyone long here? It's taking off.
Out with +18 pips.
  • #485
  • Oct 4, 2010 8:30am Oct 4, 2010 8:30am
Quoting liberty71
hello...are you still on EG short and what is the TP?
I am, but it is not in profit yet, so I'm not too concerned with TP at this time.
  • #486
  • Oct 4, 2010 8:33am Oct 4, 2010 8:33am
Quoting Ph22
I'm short as I see this as another pullback...
Excellent. If PA taps the top line and heads down, we'll have a nice little flag/triangle trade. Are you in positive pips yet?
  • #487
  • Oct 4, 2010 8:38am Oct 4, 2010 8:38am
Quoting Dortmunder
No, it is quite fine here in Germany, something like a golden automn ... with about 23 degrees today and the sun is shining

And in the currencies E/U and E/J I discover dips / retracements / pull backs on the daily and 1 H ... or what do you think about it?
Both have mixed signals on the 3 TFs. I would not be interested in them at this time.
  • #488
  • Oct 4, 2010 8:48am Oct 4, 2010 8:48am
Quoting driftwood
Just about, entry 3216. Watching current PA closely, may exit and look for re-entry around 3230 which is another TL 3 tap point.
Looks like PA may want to continue on past the top line.

No...wait...looks like top line is resistence that PA cannot get through...will it? won't it? this is what makes trading so exciting.
  • #489
  • Oct 4, 2010 8:53am Oct 4, 2010 8:53am
Do I understand it right that you are short on GBP/JPY ? Where do you have your SL ?
  • #490
  • Oct 4, 2010 8:55am Oct 4, 2010 8:55am
Now in profit.
  • #491
  • Oct 4, 2010 8:56am Oct 4, 2010 8:56am
lawgirl, is this correct?

all tf's are down (week rsi is where the blue line is, gray area is a day rsi), 2 last highs are pointing down so should we enter right away?
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  • #492
  • Oct 4, 2010 9:04am Oct 4, 2010 9:04am
Quoting Dortmunder
Do I understand it right that you are short on GBP/JPY ? Where do you have your SL ?
I am not, but Ph22 is. I was long, but got out, when Ph22 pointed out that the upper line on his chart could act as resistence and repel PA. I'm waiting to see if that happens, or if PA continues through the top line.
  • #493
  • Oct 4, 2010 9:04am Oct 4, 2010 9:04am
Quoting lawgirl21
Looks like PA may want to continue on past the top line.

No...wait...looks like top line is resistence that PA cannot get through...will it? won't it? this is what makes trading so exciting.
Yes indeed lol! The yellow line is secondary TL so hoping one or both will hold. If not, I will exit.
Attached Image (click to enlarge)
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  • #494
  • Oct 4, 2010 9:07am Oct 4, 2010 9:07am
Quoting lawgirl21
I am not, but Ph22 is. I was long, but got out, when Ph22 pointed out that the upper line on his chart could act as resistence and repel PA. I'm waiting to see if that happens, or if PA continues through the top line.
Oh, here's hoping I didn't cause u to exit a potentially profitable trade!
  • #495
  • Oct 4, 2010 9:09am Oct 4, 2010 9:09am
Quoting sashasan
lawgirl, is this correct?

all tf's are down (week rsi is where the blue line is, gray area is a day rsi), 2 last highs are pointing down so should we enter right away?
I'm getting confused..Your blue line (week RSI) is marked 3 weeks ago.
  • #496
  • Oct 4, 2010 9:15am Oct 4, 2010 9:15am
Quoting Ph22
Oh, here's hoping I didn't cause u to exit a potentially profitable trade!
Don't worry about it..profit is profit..you made it interesting and your analysis was good, we can't control PA..wish we could.
  • #497
  • Oct 4, 2010 9:19am Oct 4, 2010 9:19am
Quoting lawgirl21
I'm getting confused..Your blue line (week RSI) is marked 3 weeks ago.
so, is it some mistake here?
  • #498
  • Oct 4, 2010 9:34am Oct 4, 2010 9:34am
Quoting sashasan
so, is it some mistake here?
However it appears on the different brokers charts, this is the really the only area that we consider in drawing our TLs and looking for trades. This week and last week. Yours will look slightly different from mine, but you are going by your own chart and what you see on it.
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  • #499
  • Oct 4, 2010 9:37am Oct 4, 2010 9:37am
Quoting Ph22
Yes indeed lol! The yellow line is secondary TL so hoping one or both will hold. If not, I will exit.
Looks like it's holding

I'm going to wait until top of the hour to see what happens.
  • #500
  • Oct 4, 2010 9:58am Oct 4, 2010 9:58am
Hi LawGirl21,
First, thank you for your time to teaching us a simple way to trade.
Second, this is my first post after years on side line.

Thanks again,
p4p
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