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Trade What You See - Almost Naked Trading

  • #7,081
  • Dec 15, 2010 11:51am Dec 15, 2010 11:51am
launch time I am so upset I just can't get my time organized, just when I think I made a good personal connection with 3-4 pair lets trade I have to re-organize my time again / work
LG you are the genius here what is the solution when you are slaved to your job? hm..
esz
Blessed are they who maintain justice, who constantly do what is right.
  • #7,082
  • Dec 15, 2010 12:10pm Dec 15, 2010 12:10pm
GU downward impuls is close to 0. Get rdy to go long for some pips.
  • #7,083
  • Dec 15, 2010 12:16pm Dec 15, 2010 12:16pm
NZDUSD
break out- zorro move.. 32 pips to the bank!
happy trading

http://img545.imageshack.us/img545/1160/nzdusd.gif
  • #7,084
  • Dec 15, 2010 12:16pm Dec 15, 2010 12:16pm
Quoting Precap2
GU is finding good support at 1.5650 area. It was an oversight that I didn't put the TL that shows reason for that support. If you can no longer hold the long term trade, you can run away with what you got. I already go 85 and locked in 35
*ding. . .ding. . .ding. . . watching*

PC2
20 pips short of 200pip target. I exit now with +180.

PC2
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #7,085
  • Dec 15, 2010 12:19pm Dec 15, 2010 12:19pm
USD/CHF finally breaking, I'll wait to break even then I take a good walk. Up 15pips now
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #7,086
  • Dec 15, 2010 12:32pm Dec 15, 2010 12:32pm
Quoting Precap2
USD/CHF finally breaking, I'll wait to break even then I take a good walk. Up 15pips now
Yup, should be a profit one.
Attached Image
  • #7,087
  • Dec 15, 2010 12:42pm Dec 15, 2010 12:42pm
Watch for BO on this one. Gonna be a strong move.
Attached Image
  • #7,088
  • Dec 15, 2010 12:44pm Dec 15, 2010 12:44pm
Quoting Precap2
USD/CHF finally breaking, I'll wait to break even then I take a good walk. Up 15pips now
Hi LG and Everyone,

Great system and thread!
Thank you very much for sharing.

IMHO, USD/CHF BO might reach 0.9680
What do you guys think?

I mean, if it overcomes small res. at 0.9660
  • #7,089
  • Dec 15, 2010 12:53pm Dec 15, 2010 12:53pm
Quoting geula4
IMHO, USD/CHF BO might reach 0.9680
What do you guys think?

I mean, if it overcomes small res. at 0.9660
I think it's moving up nicely now
  • #7,090
  • Dec 15, 2010 12:54pm Dec 15, 2010 12:54pm
Quoting Precap2
Here's my GU BIG picture. If you're a long term trader (like me sometimes), you could look to short now and hold till around 1.5550, then further break downward would do you good.

GU broke out of the major bear channel but returned inside. That's breakout failure and might trigger resumption of major bearish move.

###-function
int bool {GoodLuck_PullTriggerNow}

Happy pipping
Just reading this absolutely amazing call from approx 10hours ago Precap....and my low so far on fxdd is - tada...1.5550!
When I grow up I wanna trade just like u
  • #7,091
  • Dec 15, 2010 1:31pm Dec 15, 2010 1:31pm
I like it, i will Try and report back for Feedback

thx for that
  • #7,092
  • Dec 15, 2010 1:46pm Dec 15, 2010 1:46pm
EUR/JPY 4Tap . . . do we have a 4Tap? don't forget the pair has good resistance at 112.00 area, we need clear break there to go long. As a matter of fact I look for a break of this TL to go short. It's long overdue.

PC2
Attached Image (click to enlarge)
Click to Enlarge Name: ej_4tap.gif Size: 30 KB
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #7,093
  • Dec 15, 2010 2:02pm Dec 15, 2010 2:02pm
I have been in this trade long on the monthly chart for several weeks. Finally making a noticeable move up.
Attached Image (click to enlarge)
Click to Enlarge Name: 4extra.gif Size: 13 KB
  • #7,094
  • Dec 15, 2010 2:05pm Dec 15, 2010 2:05pm
Quoting Precap2
EUR/JPY 4Tap . . . do we have a 4Tap? don't forget the pair has good resistance at 112.00 area, we need clear break there to go long. As a matter of fact I look for a break of this TL to go short. It's long overdue.

PC2
I'm looking for a short here.
  • #7,095
  • Dec 15, 2010 2:12pm Dec 15, 2010 2:12pm
Quoting Precap2
With New York getting set to close, the USDX is bracing for a good-looking hammer. The Index moved below 79.00 today but further downside pressure was rejected as it rebound to the upside getting set to close above 79.400.
Gold and Crude Oil are also closing negative at NYSE unless there is a miracle of crazy trade.

I expect USD to be bullish tomorrow, therefore I'll look to trade the major areas of weakness (EU and GU) while watching carefully AU and U.CHF.

*Disclaimer* At your maximum risk

PC2
  • #7,096
  • Dec 15, 2010 5:23pm Dec 15, 2010 5:23pm
Quoting lawgirl21
I'm looking for a short here.

Got my short for 30 pips. Now setting up for a long. (Yesterday's chart)
Attached Image (click to enlarge)
Click to Enlarge Name: 4extra.gif Size: 15 KB
  • #7,097
  • Dec 15, 2010 5:27pm Dec 15, 2010 5:27pm
Quoting lawgirl21
Got my short for 30 pips. Now setting up for a long. (Yesterday's chart)
im long as well

tg around 111.65


good night!
Hero calls followed by margin calls...
  • #7,098
  • Dec 15, 2010 6:13pm Dec 15, 2010 6:13pm
Quoting lawgirl21
Got my short for 30 pips. Now setting up for a long. (Yesterday's chart)
Hi LawGirl,
You have a wonderful thread going on here.
I am quoting your attachment because we have the same indicator (RSI arrows and regular RSI) however I just compared and mine are not in agreement as yours.
Mine
Attached Image (click to enlarge)
Click to Enlarge Name: discrepancy.gif Size: 54 KB

Yours
Attached Image

I checked the different TF and they agree with my arrows but not with yours. I am trying to find out what is wrong on my part.
Your help is highly appreciated.
Bcarbon.
  • #7,099
  • Dec 15, 2010 6:20pm Dec 15, 2010 6:20pm
Quoting bcarbon
Hi LawGirl,
You have a wonderful thread going on here.
I am quoting your attachment because we have the same indicator (RSI arrows and regular RSI) however I just compared and mine are not in agreement as yours.
Mine
Attachment
Yours
Attachment
I checked the different TF and they agree with my arrows but not with yours. I am trying to find out what is wrong on my part.
Your help is highly appreciated.
Bcarbon.
Your broker's day starts two hours later than LG's. If you look on her chart, you can see that she is into her second hour of the new day, while you are still on the tail end of the last day. Thus, her daily, H4, and H1 RSIs are all showing strong positive, while yours are not.

This difference occurs frequently. I've noticed the same thing between my charts and Scrutch's. I have not yet decided whether it has any real meaning for the portability of this system. It's clear that some people get strong signals at times when other people are showing nothing, and the only basis for the difference between the signals is the time difference between the brokers. Does that matter? I really have no idea.
  • #7,100
  • Dec 15, 2010 6:31pm Dec 15, 2010 6:31pm
Quoting duffypratt
Your broker's day starts two hours later than LG's. If you look on her chart, you can see that she is into her second hour of the new day, while you are still on the tail end of the last day. Thus, her daily, H4, and H1 RSIs are all showing strong positive, while yours are not.

This difference occurs frequently. I've noticed the same thing between my charts and Scrutch's. I have not yet decided whether it has any real meaning for the portability of this system. It's clear that some people get strong signals at times when other people are showing...
Thanks for the great explanation, DP. No, it does not matter. But it is very important that each trader literally trade what they see from their own charts not mine or anyone else's. Otherwise, this would be a signal service, which it is not.
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