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Trade What You See - Almost Naked Trading

  • #5,681
  • Nov 26, 2010 9:05am Nov 26, 2010 9:05am
Quoting The Sage
Look at the H1 3tap:
I think that's it..an H1 3 Tap entry. I don't look for those very often, but 3 Tap works on any TF.
  • #5,682
  • Nov 26, 2010 9:07am Nov 26, 2010 9:07am
Quoting porfirio
THANKS LAWGIRL...
You are welcome portirio, but please post your pair in the title, your chart is very difficult to read.
  • #5,683
  • Nov 26, 2010 9:09am Nov 26, 2010 9:09am
Quoting Centu
USDJPY try BO 1H
Yes, this has been a beautiful long trade. I am in it from a daily chart. Up 70 pips.
  • #5,684
  • Nov 26, 2010 9:12am Nov 26, 2010 9:12am
I think that was one of the hardest things to get out of the habit of doing, which was chasing trades. I was always doing a real good job of Buying Highs and selling lows, scared to death i was going to miss out on the very last trade ever. Thankfully for the most part those lessons have been learned. I hope you had a great Thanksgiving.
Quoting lawgirl21
I saw the daily 3 Tap, but thought the train had already left the station.
Always Learning
  • #5,685
  • Nov 26, 2010 9:12am Nov 26, 2010 9:12am
Quoting lawgirl21
I think that's it..an H1 3 Tap entry. I don't look for those very often, but 3 Tap works on any TF.
I learned that from you

Do you think that usdchf can BO short as well? I think, that if we consider the trend like we see it at all TF on the RSI, it will most likely BO long, no?
  • #5,686
  • Nov 26, 2010 9:16am Nov 26, 2010 9:16am
Quoting JayTrader
I think that was one of the hardest things to get out of the habit of doing, which was chasing trades. I was always doing a real good job of Buying Highs and selling lows, scared to death i was going to miss out on the very last trade ever. Thankfully for the most part those lessons have been learned. I hope you had a great Thanksgiving.
Jay, I think all traders should go to a "stop chasing trades" rehab program. It will increase their profits and lower their frastration dramatically.
  • #5,687
  • Nov 26, 2010 9:19am Nov 26, 2010 9:19am
Quoting JayTrader
I think that was one of the hardest things to get out of the habit of doing, which was chasing trades. I was always doing a real good job of Buying Highs and selling lows, scared to death i was going to miss out on the very last trade ever. Thankfully for the most part those lessons have been learned. I hope you had a great Thanksgiving.

Thanks JT, I had a wonderful Thanksgiving. How about you?
  • #5,688
  • Nov 26, 2010 9:22am Nov 26, 2010 9:22am
Quoting The Sage
Jay, I think all traders should go to a "stop chasing trades" rehab program. It will increase their profits and lower their frastration dramatically.
Great idea! I still fight it that's for sure. Look how hard I was trying to trade that pair..
  • #5,689
  • Nov 26, 2010 9:23am Nov 26, 2010 9:23am
I think we all do to one degree or another, we all have to endure different degrees of pain to grow as traders. Some get it 1st or 2nd time out and knuckleheads like me take a little longer and some don't ever get it and just go away.
Quoting The Sage
Jay, I think all traders should go to a "stop chasing trades" rehab program. It will increase their profits and lower their frastration dramatically.
Always Learning
  • #5,690
  • Nov 26, 2010 9:25am Nov 26, 2010 9:25am
Had a great Thanksgiving. It is also my job to get rid of leftovers so I will be busy this weekend.
Quoting lawgirl21
Thanks JT, I had a wonderful Thanksgiving. How about you?
Always Learning
  • #5,691
  • Nov 26, 2010 9:32am Nov 26, 2010 9:32am
Quoting lawgirl21
Great idea! I still fight it that's for sure. Look how hard I was trying to trade that pair..
I still fight it too, but what a great feeling it is to win that battle as well, ha? I think these kind of things, like Jay says make you grow as a trader, but also as a stronger person.
  • #5,692
  • Nov 26, 2010 9:32am Nov 26, 2010 9:32am
http://i54.tinypic.com/260a8e8.gif

The breakout proved itself (again).
  • #5,693
  • Nov 26, 2010 9:41am Nov 26, 2010 9:41am
This is the pair that keeps on giving. I have taken over 400 pips out of this pair over the past 3 weeks. Your chart shows a little pullback, then I believe it will continue down.
  • #5,694
  • Nov 26, 2010 10:48am Nov 26, 2010 10:48am
Yes! it's developing a lower high before the next leg down.
  • #5,695
  • Nov 26, 2010 10:57am Nov 26, 2010 10:57am
check the chart

I feel it will continue to rise. World markets are looking or safe havens in the uncertainties of the Korean situation and the Euro problems.
I've been on riding it since yesterday
  • #5,696
  • Nov 26, 2010 11:21am Nov 26, 2010 11:21am
"I'm an American and my government thinks I am too stupid to be able to handle my own money"

And by the way the US government handles money, it should be obvious to the reader that the US government doesn't have a clue.
  • #5,697
  • Nov 26, 2010 12:25pm Nov 26, 2010 12:25pm
Quoting tjfxtrader
"I'm an American and my government thinks I am too stupid to be able to handle my own money"

And by the way the US government handles money, it should be obvious to the reader that the US government doesn't have a clue.
At least Barney Frank Chris Dodd Nancey Pelosi and Harry Reed
don't that is an indisputable fact
  • #5,698
  • Nov 26, 2010 12:52pm Nov 26, 2010 12:52pm
Nice weekend to all of you
  • #5,699
  • Nov 26, 2010 7:25pm Nov 26, 2010 7:25pm
Quoting pt49
Only Lawgirls methods. I have posted the charts in the thread before I've entered every trade this week.

I've been trading just on 7 years spending probably over 15,000 hours in front of these bloody screens, staring at squiggly lines, reading books, manuals etc, winning and losing many small and two large fortunes, and I must say that this week (even tho its only in demo accounts) is nothing short of amazing.

I have increased my 2 demo accounts 50% and 35% in 5 days demo trading, risking no more than 5% of my accounts per trade (50 pip stops)....
we must say thank you to LG for sharing her method
"Trade Until I Come Back" Luke
  • #5,700
  • Nov 26, 2010 9:45pm Nov 26, 2010 9:45pm
Quoting lawgirl21
I saw the daily 3 Tap, but thought the train had already left the station.
Hi LG, how do we know whether the train had left the station or not?
I've been trying this method for a week, and after a few profit trades, some trades gave back the pips , although i already follow the rule (i think)
and in total i lose about 5% of my demo acc. (about 100 pips)
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