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Trade What You See - Almost Naked Trading

  • #1,141
  • Oct 11, 2010 11:57am Oct 11, 2010 11:57am
Another one to watch
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You don't have to be right, just don't be too wrong
  • #1,142
  • Oct 11, 2010 12:19pm Oct 11, 2010 12:19pm
Quoting El Dee
Another one to watch
I'm seeing this as a potential short trade, not long.
  • #1,143
  • Oct 11, 2010 12:22pm Oct 11, 2010 12:22pm
Quoting mrhb30jr
hi LG,

nice pips close +49 still open one po
Super!
  • #1,144
  • Oct 11, 2010 1:52pm Oct 11, 2010 1:52pm
Here's a trade I took last Thursday based on 3 taps, but on a daily chart. It's like watching paint dry, but is in the money.
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  • #1,145
  • Oct 11, 2010 2:34pm Oct 11, 2010 2:34pm
Sashasan-hi.
pleas upload for us your RSI indicator.

Thank's
  • #1,146
  • Oct 11, 2010 3:03pm Oct 11, 2010 3:03pm
Great system lawgirl! running some practice trades on a demo account, will post results shortly.

Be careful on any yen buying! I saw you had shorted the dollar/yen on an earlier post, BOJ intervention #2 is coming shortly. I would stay out of any long term yen buying at the moment.
  • #1,147
  • Oct 11, 2010 7:13pm Oct 11, 2010 7:13pm
Just finished a quick scan of pairs and found 6 pairs with conforming directions at this time.

NZDUSD - short
USDJPY - long
USDCHF - long
AUDUSD - short
EURCAD - short
AUDCAD - short

Does anyone see any pair differently?
  • #1,148
  • Oct 11, 2010 7:31pm Oct 11, 2010 7:31pm
I have found three pairs with H4 2 taps, move to H1 for BO trades. Here's the first:
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  • #1,149
  • Oct 11, 2010 7:33pm Oct 11, 2010 7:33pm
Quoting lawgirl21
Just finished a quick scan of pairs and found 6 pairs with conforming directions at this time.

NZDUSD - short
USDJPY - long
USDCHF - long
AUDUSD - short
EURCAD - short
AUDCAD - short

Does anyone see any pair differently?
EURAUD - long

Sticks out the most for me at the moment... will keep an eye out
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  • #1,150
  • Oct 11, 2010 7:33pm Oct 11, 2010 7:33pm
Second pair, same set-up. 2 taps on H4 chart, then move to H1 and wait for 4 candle BO
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  • #1,151
  • Oct 11, 2010 7:35pm Oct 11, 2010 7:35pm
Same type of set-up
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  • #1,152
  • Oct 11, 2010 7:38pm Oct 11, 2010 7:38pm
Quoting pierre23
EURAUD - long

Sticks out the most for me at the moment... will keep an eye out
Yes, I did not include it on my list because of the weekly, but monthly is long and weekly is not that reliable yet.
  • #1,153
  • Oct 11, 2010 7:55pm Oct 11, 2010 7:55pm
Quoting lawgirl21
Same type of set-up
Moving down
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  • #1,154
  • Oct 11, 2010 8:32pm Oct 11, 2010 8:32pm
Quoting lawgirl21
Moving down
Have enter a short trade.
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  • #1,155
  • Oct 11, 2010 8:34pm Oct 11, 2010 8:34pm
Waiting to see if there is a 15M BO and close below the support level.

Edit: The label in upper left hand corner did not change, but this is a 15N chart.
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  • #1,156
  • Oct 11, 2010 8:39pm Oct 11, 2010 8:39pm
Quoting pierre23
EURAUD - long

Sticks out the most for me at the moment... will keep an eye out
Would have been up 40pips if I had taken this trade... but was already in another trade (GBPJPY).. when my GY trade is complete I will wait for a decent pullback before looking for another long entry on the EURAUD
  • #1,157
  • Oct 11, 2010 8:41pm Oct 11, 2010 8:41pm
Quoting pierre23
EURAUD - long

Sticks out the most for me at the moment... will keep an eye out
This is looking good. There has been a BO long.
  • #1,158
  • Oct 11, 2010 8:45pm Oct 11, 2010 8:45pm
Quoting pierre23
Would have been up 40pips if I had taken this trade... but was already in another trade (GBPJPY).. when my GY trade is complete I will wait for a decent pullback before looking for another long entry on the EURAUD
I am in it.
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  • #1,159
  • Oct 11, 2010 8:50pm Oct 11, 2010 8:50pm
Also in this trade.
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  • #1,160
  • Oct 11, 2010 8:52pm Oct 11, 2010 8:52pm
Hi Lawgirl,
do you only trade H1 if there was a 2 tap on the h4?
I took a close look at H1 and find that you can trade it separately from any h4 setup. Is that your experience as well?
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