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Trade What You See - Almost Naked Trading

  • #3,521
  • Nov 9, 2010 9:42am Nov 9, 2010 9:42am
Quoting stevewide
LG: have no grief; could this Cadj just be a fresh 3 tap as you taught us?
Hi Steve, it could very well be. I wasn't looking for that, but your chart shows it..thanks.
  • #3,522
  • Nov 9, 2010 9:42am Nov 9, 2010 9:42am
i shorted eur/chf. checkout the pair
  • #3,523
  • Nov 9, 2010 9:47am Nov 9, 2010 9:47am
Quick in and out for 20 pips! Bank the pips is the biggest wisdom on forex
I have CADJPY and AUDJPY in game for 20 pips TP ...well see how that is going to play !
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHF.jpg Size: 70 KB
Help to be helped.
  • #3,524
  • Nov 9, 2010 9:47am Nov 9, 2010 9:47am
Quoting stevewide
LG: have no grief; could this Cadj just be a fresh 3 tap as you taught us?
Steve is very right...there is now a 3 Tap set up. Wait for the trigger, if you are not already in this trade short. If you are already in the trade and if you can tolerate the wait for the trigger (turnaround for those of us in the trade already), this may yet turn out to be a profitable trade.
  • #3,525
  • Nov 9, 2010 9:48am Nov 9, 2010 9:48am
Chart
Attached Image
  • #3,526
  • Nov 9, 2010 9:50am Nov 9, 2010 9:50am
Quoting Lazar83
Quick in and out for 20 pips! Bank the pips is the biggest wisdom on forex
I have CADJPY and AUDJPY in game for 20 pips TP ...well see how that is going to play !

Good job! And stop trading after meeting your goal and banking the pips --the other forex wisdom.
  • #3,527
  • Nov 9, 2010 9:51am Nov 9, 2010 9:51am
In da ditch for 19 candles!
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.jpg Size: 110 KB
  • #3,528
  • Nov 9, 2010 9:56am Nov 9, 2010 9:56am
Quoting Ph22
In da ditch for 19 candles!
Yes, I have been watching since last week too. Here is how my chart looks. Will do something big eventually.
Attached Image
  • #3,529
  • Nov 9, 2010 9:57am Nov 9, 2010 9:57am
Quoting lawgirl21
Yes, I have been watching since last week too. Here is how my chart looks. Will do something big eventually.
Yep, and hopefully we will be around at the time to catch it
  • #3,530
  • Nov 9, 2010 9:59am Nov 9, 2010 9:59am
Quoting lawgirl21
Good job! And stop trading after meeting your goal and banking the pips --the other forex wisdom.
that lesson is hard to learn...youll have to be a forex Jedi lv 76 , to fully understand that ..i am just an apprentice in a learning phase ...in last few month i had a revolution in my trading thanks to you LG!
Help to be helped.
  • #3,531
  • Nov 9, 2010 10:02am Nov 9, 2010 10:02am
Possible GU triple tap setup
The Kamakazi
  • #3,532
  • Nov 9, 2010 10:03am Nov 9, 2010 10:03am
Quoting dmostpips
Thanks LG for your additional insights & suggestions. I see what you're saying with the TL's and will be more studious on next attempt. Also noticed it reveresed at that nice round number, which in hindsight I should have also noticed. Live & learn.
Thanks again for the great posts & info.
You are most welcome..glad I could help. We are all learning all the time.
  • #3,533
  • Nov 9, 2010 10:03am Nov 9, 2010 10:03am
Quoting lawgirl21
Chart
Temporarily upside down on this one. Looking like averaging time for me. Thank you to the person that advised that the GBP/USD would probaly short back to the 61.8% fibs. You were spot on and I took 10 pips profit. Thank You.
  • #3,534
  • Nov 9, 2010 10:20am Nov 9, 2010 10:20am
eur/usd
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 37 KB
  • #3,535
  • Nov 9, 2010 10:25am Nov 9, 2010 10:25am
gbp/usd broke support lvl,you can catch this pair on retrace tomorrow
  • #3,536
  • Nov 9, 2010 10:28am Nov 9, 2010 10:28am
Whoa...the credit needs to given where the credit is due...gspe

Thanks for the nudge LG, I haven't been to the first page for quite some time. The indi was written by gspe and I would appreciate it, if the credit was given to him. I had a lot of ideas that he put into action and there was some testing on my part but the real work load was done by gspe.
Would you please be kind enough to edit page one to reflect this, thanks.

Edit: We are also working on another ... indicator for your thread, after we run it by you of course.
What a guy gspe is

Quoting lawgirl21
Page 1, Scrutch's RSI indicator
Listen to the whispers.... You may learn something
  • #3,537
  • Edited 10:30am Nov 9, 2010 10:29am | Edited 10:30am
Quoting LolCat
gbp/usd broke support lvl,you can catch this pair on retrace tomorrow
Grabed 10 pips down and 10 pips more on the first bounce and Im out. Watching the CAD/JPY for an exit and then done for the day.
  • #3,538
  • Nov 9, 2010 10:37am Nov 9, 2010 10:37am
Hi LG I have incorporated your beautifully simple method into my existing trend trading strategy. I just had to post this trade. GJ was just begging to be sold.

I used H1 for the entry.

Thanks.
Attached Image (click to enlarge)
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  • #3,539
  • Nov 9, 2010 10:39am Nov 9, 2010 10:39am
Quoting Scrutch
Whoa...the credit needs to given where the credit is due...gspe

Thanks for the nudge LG, I haven't been to the first page for quite some time. The indi was written by gspe and I would appreciate it, if the credit was given to him. I had a lot of ideas that he put into action and there was some testing on my part but the real work load was done by gspe.
Would you please be kind enough to edit page one to reflect this, thanks.

Edit: We are also working on another ... indicator for your thread, after we run it by you of course.
What a...
Done...sorry gspe. Thanks so much for your work here.
  • #3,540
  • Nov 9, 2010 10:39am Nov 9, 2010 10:39am
tough one to miss.........
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