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Trade What You See - Almost Naked Trading

  • #4,941
  • Nov 19, 2010 8:42am Nov 19, 2010 8:42am
Quoting lawgirl21
I dont know what the RSIs were doing at the BO point, but as a pure PA trade, this was a good one.
Hi LG.
If i have on 1H BO a pure PA (on 15m chart) with no confirm weekly rsi.
Wold it be ok to enter?
  • #4,942
  • Nov 19, 2010 8:43am Nov 19, 2010 8:43am
Quoting mikok730
iam selling it at 0.9825
Based on what? Has to be a logical reason..
  • #4,943
  • Nov 19, 2010 8:45am Nov 19, 2010 8:45am
Quoting mikok730
iam selling it at 0.9825
Resistance there...
  • #4,944
  • Nov 19, 2010 8:46am Nov 19, 2010 8:46am
As indecisive as the market appeared when I called it quits last night, there were lots of pips to be made. Those of you who trade the London market should have made some money!
  • #4,945
  • Nov 19, 2010 8:51am Nov 19, 2010 8:51am
Quoting lawgirl21
Based on what? Has to be a logical reason..
3 tap and all the RSI pointing down,hope iam right for this,if not,pls point out,iam willing to learn
  • #4,946
  • Nov 19, 2010 9:04am Nov 19, 2010 9:04am
Quoting ofer e
Hi LG.
If i have on 1H BO a pure PA (on 15m chart) with no confirm weekly rsi.
Wold it be ok to enter?
You can, of course, take any trade you like. So far we have been sticking to the "rules", but this week I have noticed several of these very nice BOs with no real confirmation on the RSIs. There was one yesterday, I believe, that we talked about.

If I had been watching that trade and saw that move, I would have taken it as a pure PA trade. In, and watching to get out at the first hint of a change in direction.

Remember, that we are trading what we see...meaning what we see happening on the charts. So, yes, please take those trades. They are gifts. And generally you don't even have to bother with a TP or SL, just rely on your own judgment. But don't step away from them either..monitor them closely.
  • #4,947
  • Nov 19, 2010 9:06am Nov 19, 2010 9:06am
Quoting mikok730
3 tap and all the RSI pointing down,hope iam right for this,if not,pls point out,iam willing to learn
I don't see any confirmation on my charts, but yours must be showing differently. It is your judgment call.
  • #4,948
  • Nov 19, 2010 9:10am Nov 19, 2010 9:10am
Quoting lawgirl21
You can, of course, take any trade you like....
Thanks!!!
You always answer clear and helping me to getting better as a trader.
  • #4,949
  • Nov 19, 2010 9:12am Nov 19, 2010 9:12am
LG, did you get in the EURGBP trade that we talked about yesterday?
I'm in (since 0.8510 & 0.8548), and I made some really nice pips so far...
  • #4,950
  • Nov 19, 2010 9:14am Nov 19, 2010 9:14am
Attached Image
"Be the change that you wish to see in the world." --Gandhi
  • #4,951
  • Nov 19, 2010 9:18am Nov 19, 2010 9:18am
Quoting The Sage
LG, did you get in the EURGBP trade that we talked about yesterday?
I'm in (since 0.8510 & 0.8548), and I made some really nice pips so far...
What a beautiful trade..I posted it at #4929. I did not enter it, but I'm glad you did. Tell us how many pips you got when you finish the trade.
  • #4,952
  • Nov 19, 2010 9:20am Nov 19, 2010 9:20am
Quoting lawgirl21
What a beautiful trade..I posted it at #4929. I did not enter it, but I'm glad you did. Tell us how many pips you got when you finish the trade.
Thanks, sure will!
  • #4,953
  • Nov 19, 2010 9:23am Nov 19, 2010 9:23am
Quoting lawgirl21
What a beautiful trade..I posted it at #4929. I did not enter it, but I'm glad you did. Tell us how many pips you got when you finish the trade.
Over 50 pips!!!
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  • #4,954
  • Nov 19, 2010 9:27am Nov 19, 2010 9:27am
Quoting ofer e
Over 50 pips!!!
Great work!
  • #4,955
  • Nov 19, 2010 9:30am Nov 19, 2010 9:30am
Quoting ofer e
Over 50 pips!!!
So far......
  • #4,956
  • Nov 19, 2010 9:37am Nov 19, 2010 9:37am
Quoting lawgirl21
We knew this pair was going to do something and boy did it ever...Hope you guys caught it...
Still in it, the third time now... Kept going back after each support broken. Now up 40+ pips. Hope for 70 total, but we'll see...
  • #4,957
  • Nov 19, 2010 9:41am Nov 19, 2010 9:41am
What do you guys think? The RSIs' looks good...
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  • #4,958
  • Nov 19, 2010 9:45am Nov 19, 2010 9:45am
Quoting The Sage
What do you guys think? The RSIs' looks good...
Needs to break that support at 83.55... I got my eye on that too
  • #4,959
  • Nov 19, 2010 9:45am Nov 19, 2010 9:45am
And how about that H1 usdjpy?
  • #4,960
  • Nov 19, 2010 10:22am Nov 19, 2010 10:22am
looking for this
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