Trade What You See - Almost Naked Trading | Page 140 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Looking on a naked chart, can you pick the best strategy? 32 replies

How do you see trading - Do you see it as a means to an end? 12 replies

Can you tell with naked eyes? 151 replies

Bow's trading journal 2 (almost naked trading on m5) 26 replies

Trading as naked as you can get 0 replies

Attachments: Trade What You See - Almost Naked Trading
Exit Attachments

Trade What You See - Almost Naked Trading

  • #2,781
  • Nov 1, 2010 11:30am Nov 1, 2010 11:30am
hello, 3 taps gbpjpy trending up. I donīt know if it is well done or not, the TL? etc...
thanks a lot
http://img220.imageshack.us/img220/2075/gbpjpy.gif
  • #2,782
  • Nov 1, 2010 11:48am Nov 1, 2010 11:48am
Quoting PurePrice
Chart ...
This is what I am seeing on the daily chart.
Attached Image
  • #2,783
  • Nov 1, 2010 11:54am Nov 1, 2010 11:54am
LG, would you go long on the AU if the 4H rsi turns up?
  • #2,784
  • Nov 1, 2010 11:57am Nov 1, 2010 11:57am
Quoting lawgirl21
This is what I am seeing on the daily chart.

I'm looking to go short too on that one (treading carefully as 1.3878 is an historic support/pivot line)

Price did go up with the 3 tap as pointed out by PP but then exhausted at 1.4000 (whole rounded number) and is now at a bearish daily so would no longer apply to the up trend IMHO. Plus H4, D1, W1 and M1 RSI's all down (even though its a new week, month)...waiting confirmation
  • #2,785
  • Nov 1, 2010 12:15pm Nov 1, 2010 12:15pm
Quoting Dl17
I'm looking to go short too on that one (treading carefully as 1.3878 is an historic support/pivot line)

Price did go up with the 3 tap as pointed out by PP but then exhausted at 1.4000 (whole rounded number) and is now at a bearish daily so would no longer apply to the up trend IMHO. Plus H4, D1, W1 and M1 RSI's all down (even though its a new week, month)...waiting confirmation
Staying out as PA is too mixed up. Caught some pips on the way down earlier. Done for the day. Good trading all
  • #2,786
  • Nov 1, 2010 12:17pm Nov 1, 2010 12:17pm
Quoting lawgirl21
In this trade short
EUR/USD short.

Oh, for the experience, I did not see that 3 tap, I guess this is where more screen time looking fro setups is essential.I made a lot of pips on the EU BO though.
  • #2,787
  • Nov 1, 2010 12:45pm Nov 1, 2010 12:45pm
Quoting Fitness09
LG, would you go long on the AU if the 4H rsi turns up?
What does your chart look like?
  • #2,788
  • Nov 1, 2010 12:54pm Nov 1, 2010 12:54pm
Quoting simmo24
EUR/USD short.

Oh, for the experience, I did not see that 3 tap, I guess this is where more screen time looking fro setups is essential.I made a lot of pips on the EU BO though.
It is impossible to catch everything. Making pips is what matters and you did that..so great job!
  • #2,789
  • Nov 1, 2010 1:00pm Nov 1, 2010 1:00pm
What do you say about this one, LG?
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 22 KB
  • #2,790
  • Nov 1, 2010 1:15pm Nov 1, 2010 1:15pm
Quoting lawgirl21
What does your chart look like?
Am I seeing this correctly? If the RSI turns up on the 4H, I would go long on the 3rd tap? Thanks LG!
Attached Image (click to enlarge)
Click to Enlarge Name: audusd 4h.JPG Size: 127 KB
  • #2,791
  • Nov 1, 2010 3:42pm Nov 1, 2010 3:42pm
going back to this trade .. looking like eurusd is having a hard time going through the lower boundary of the uptrend channel, and is forming a pin bar. Still holding on LONG. Will keep a close eye on this one
Attached Image (click to enlarge)
Click to Enlarge Name: MT4.jpg Size: 232 KB
  • #2,792
  • Nov 1, 2010 6:20pm Nov 1, 2010 6:20pm
Quoting The Sage
What do you say about this one, LG?
I am in this trade.
  • #2,793
  • Nov 1, 2010 6:22pm Nov 1, 2010 6:22pm
Quoting Fitness09
Am I seeing this correctly? If the RSI turns up on the 4H, I would go long on the 3rd tap? Thanks LG!
I am confused by your TL. It should not cut through candles.
  • #2,794
  • Nov 1, 2010 6:29pm Nov 1, 2010 6:29pm
I have been scanning charts for confirmation of directions and even though it is about 1 1/2 hours too early, there are several pairs that confirm direction on the 3 TFs. Will continue watching until the close of the 4th H1 candle, then start looking seriously for trades.

GBPUSD - long
USDJPY - short
EURGBP - short

Just for starters. Keep in mind that directions can change and always verify directions before entering a trade.
  • #2,795
  • Nov 1, 2010 6:43pm Nov 1, 2010 6:43pm
Good Night everyone
  • #2,796
  • Nov 1, 2010 6:57pm Nov 1, 2010 6:57pm
Quoting The Sage
Good Night everyone
Good night Sage, hope you made some pips today.
  • #2,797
  • Nov 1, 2010 7:16pm Nov 1, 2010 7:16pm
Quoting lawgirl21
I have been scanning charts for confirmation of directions and even though it is about 1 1/2 hours too early, there are several pairs that confirm direction on the 3 TFs. Will continue watching until the close of the 4th H1 candle, then start looking seriously for trades.

GBPUSD - long
USDJPY - short
EURGBP - short

Just for starters. Keep in mind that directions can change and always verify directions before entering a trade.
Markets I see right "now":
AUDNZD
AUDJPY
AUDUSD (Daily Weak)
CADJPY
GBPCHF (Daily Sideways)
GBPJPY
USDCAD
USDJPY

Follow LG's advice above and keep in mind that any or all of these can change directions between the time I list them and push the post-it button. I've had to alter a couple of them while typing this...
Listen to the whispers.... You may learn something
  • #2,798
  • Nov 1, 2010 7:33pm Nov 1, 2010 7:33pm
Pondering the E/U
H4 and Daily seem to be in agreement and I am looking at this pair as a BUY opportunity, however the weekly is in complete contrast...plus the weekly PA, to me, doesn't have any real direction - lots of wicks.
How would you trade plan this, LG? anyone?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu 4h.gif Size: 17 KB
Click to Enlarge Name: eu wk.gif Size: 14 KB
Click to Enlarge Name: eu daily.gif Size: 13 KB
  • #2,799
  • Nov 1, 2010 7:35pm Nov 1, 2010 7:35pm
Quoting Scrutch
Markets I see right "now":
AUDNZD
AUDJPY
AUDUSD (Daily Weak)
CADJPY
GBPCHF (Daily Sideways)
GBPJPY
USDCAD
USDJPY

Follow LG's advice above and keep in mind that any or all of these can change directions between the time I list them and push the post-it button. I've had to alter a couple of them while typing this...
Be careful on AUD pairs as Cash rate coming out later today! Often affects various other currencies in Asian market time.
Just trade the pullback you idiot!
  • #2,800
  • Nov 1, 2010 7:41pm Nov 1, 2010 7:41pm
Quoting LearningPIPs
Pondering the E/U
H4 and Daily seem to be in agreement and I am looking at this pair as a BUY opportunity, however the weekly is in complete contrast...plus the weekly PA, to me, doesn't have any real direction - lots of wicks.
How would you trade plan this, LG? anyone?

If in doubt I'd stay out! Do see risky quick buy scalp trade but not following LG rules. Also ascending triangle on 4 hour chart trend lines. Better wait for it to break out and establish trend.
Just trade the pullback you idiot!
31 traders viewing now