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Trade What You See - Almost Naked Trading

  • #8,441
  • Jan 4, 2011 9:11am Jan 4, 2011 9:11am
LG,

Thank you for this wonderful thread!

Please look at the bottom of the page:
"126 Traders Viewing This Thread"
  • #8,442
  • Jan 4, 2011 9:17am Jan 4, 2011 9:17am
Quoting lawgirl21
This pair loves several hour consolidations and BOs. This is the 4th one in the last 2 days.
Perhaps it's going to BO down to consolidation #1 support area?
Let's wait and see...
  • #8,443
  • Jan 4, 2011 9:21am Jan 4, 2011 9:21am
Quoting orangeRANGE
Let me ask you this. 3 taps per H4 now?
USDJPY
Yes, that is a 3 Tap setup, but the trade has not triggered.
  • #8,444
  • Jan 4, 2011 9:24am Jan 4, 2011 9:24am
Quoting geula4
LG,

Thank you for this wonderful thread!

Please look at the bottom of the page:
"126 Traders Viewing This Thread"
No, thank you and traders like you. You really really help me out and I can't tell you how much I appreciate it. Your advice is extremely helpful and right on target.
  • #8,445
  • Jan 4, 2011 9:26am Jan 4, 2011 9:26am
Quoting lawgirl21
No, thank you and traders like you. You really really help me out and I can't tell you how much I appreciate it. Your advice is extremely helpful and right on target.
  • #8,446
  • Jan 4, 2011 9:33am Jan 4, 2011 9:33am
Quoting geula4
Perhaps it's going to BO down to consolidation #1 support area?
Let's wait and see...
Moved to M15 chart to watch for entry.
Attached Image
  • #8,447
  • Jan 4, 2011 9:33am Jan 4, 2011 9:33am
Quoting lawgirl21
This is strange looking..
IMHO, great BO upwards.
Now around 0.9973
Let's see if it breaks up 0.9980 resistance (prev. support) area...

LG and everyone, what do you think?
  • #8,448
  • Jan 4, 2011 9:40am Jan 4, 2011 9:40am
Quoting geula4
IMHO, great BO upwards.
Now around 0.9973
Let's see if it breaks up 0.9980 resistance (prev. support) area...

LG and everyone, what do you think?
Looks like it's doing it!
  • #8,449
  • Jan 4, 2011 9:40am Jan 4, 2011 9:40am
Quoting lawgirl21
Moved to M15 chart to watch for entry.

resistance looks v near. worth to place e trade?
Attached Image (click to enlarge)
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  • #8,450
  • Jan 4, 2011 9:41am Jan 4, 2011 9:41am
moving south very slow...
Attached Image (click to enlarge)
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There`s no life before COFFEE!
  • #8,451
  • Jan 4, 2011 9:44am Jan 4, 2011 9:44am
Quoting lawgirl21
Looks like it's doing it!
IMHO, next possible TPs are 0.9990-1.000 and 1.020.
Let's watch how PA acts around this levels...
  • #8,452
  • Jan 4, 2011 9:46am Jan 4, 2011 9:46am
Quoting kedridder
resistance looks v near. worth to place e trade?
Yes, support around 8545, but if I go in, which I will do at the change of the M15 candle (assuming PA continues down). I am not going to use a TP or SL right away, just going to watch how it behaves at that next support level.
  • #8,453
  • Jan 4, 2011 9:48am Jan 4, 2011 9:48am
I'm in.
  • #8,454
  • Jan 4, 2011 9:48am Jan 4, 2011 9:48am
Quoting lawgirl21
Yes, support around 8545, but if I go in, which I will do at the change of the M15 candle (assuming PA continues down). I am not going to use a TP or SL right away, just going to watch how it behaves at that next support level.

oh, different play for this. alrite!
  • #8,455
  • Jan 4, 2011 10:00am Jan 4, 2011 10:00am
Quoting lawgirl21
I'm in.
Closed half my position as PA tapped that 8545 support area. Am hoping that PA continues down to 8520 area..next support.

Candle change..darn.
  • #8,456
  • Jan 4, 2011 10:54am Jan 4, 2011 10:54am
Hi everybody,

I'm new to FF.
This Thread looks very interesting.
I have setup my charts.
Some questions I have.
How do you determine your entry point for a trade ?
Where do I find more info on this system ?
  • #8,457
  • Jan 4, 2011 12:48pm Jan 4, 2011 12:48pm
Quoting BackSpace
Hi everybody,

I'm new to FF.
This Thread looks very interesting.
I have setup my charts.
Some questions I have.
How do you determine your entry point for a trade ?
Where do I find more info on this system ?
Hi BackSpace,

Welcome!

You can find information about LG's system at the first post of this thread:
http://www.forexfactory.com/showpost...30&postcount=1

IMHO (In My Humble Opinion), I suggest that you read that post first.

Also, there are some good trade examples on the first few pages of the thread, so it's a good idea to read them too.

I think that is a good start to understand what this system is all about.

If you have more questions, please feel free to ask.
A lot of nice people here will be glad to help!
  • #8,458
  • Jan 4, 2011 12:52pm Jan 4, 2011 12:52pm
Quoting BackSpace
Hi everybody,

I'm new to FF.
This Thread looks very interesting.
I have setup my charts.
Some questions I have.
How do you determine your entry point for a trade ?
Where do I find more info on this system ?

I don't mean to be rude, but jeez......start at page 1.
  • #8,459
  • Jan 4, 2011 12:54pm Jan 4, 2011 12:54pm
Thanks, I'll read it thoroughly, and take a look at the examples.
  • #8,460
  • Jan 4, 2011 12:58pm Jan 4, 2011 12:58pm
am watching for this breakout on 1H
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