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Trade What You See - Almost Naked Trading

  • #9,601
  • Jan 18, 2011 4:37am Jan 18, 2011 4:37am
Hi ..

The tap 3 here that you are referring to is the no 3 correct? I've noticed the no 3 yellow in circle appears for hammer and also based on the trend of the PA we can get in the trade of the direction, let me know if this is rite.

Hope anyone could answer my queries...

cheers!!.....................................
  • #9,602
  • Jan 18, 2011 5:07am Jan 18, 2011 5:07am
Peoples thoughts on Long AU? {currently 2 tap}

http://img585.imageshack.us/img585/4776/93235032.png
  • #9,603
  • Jan 18, 2011 5:40am Jan 18, 2011 5:40am
Hammo, that Price action has already played out...I mean the 3 tap and then the BO move...wait for another setup before getting on board.

Quoting Hammo
I will see if this works
  • #9,604
  • Jan 18, 2011 7:18am Jan 18, 2011 7:18am
Quoting lawgirl21
H1 4C BO
+40 pips
Attached Image
  • #9,605
  • Jan 18, 2011 7:22am Jan 18, 2011 7:22am
Quoting lawgirl21
+40 pips
Really nice LG :-)
  • #9,606
  • Jan 18, 2011 7:22am Jan 18, 2011 7:22am
Quoting Triple Kiss
Different angle, can be draw like this (ZC : BO-Pullback-Continuation)
You're right beware both direction.
Two Zorro in Battle Now..
You are right..the battling zorros! Did have a 50 pip break long. Now may be going short again.
Attached Image (click to enlarge)
Click to Enlarge Name: sun.gif Size: 12 KB
  • #9,607
  • Jan 18, 2011 7:28am Jan 18, 2011 7:28am
Quoting ConstantFX
Thanks for answering .

So, say for example there is a downtrend at the start of the week, we do the 3 tap trade make some pips then a turn-around occurs.

Do we need to wait for say, a lower low and then a trend starting to the upside, and providing the 4hour,daily, weekly are in the direction of the intended trade it is ok to trade?

Or do you wait for the candles to get into the middle of the period?

Sorry for all these questions, wanting to fine tune myself at this.

Thank you .
No problem CFX. No we don't wait for lower lows, just for the 3 taps and the 3 RSIs to be long. It's very simple. That's a fairly big change though and the set up won't come fast.
  • #9,608
  • Jan 18, 2011 7:29am Jan 18, 2011 7:29am
Quoting Dehyah
Those of you whose purchase EURUSD snd EURJPY should be smiling again.
I got another 40 pips too.
  • #9,609
  • Jan 18, 2011 7:29am Jan 18, 2011 7:29am
Quoting fxplunder
LG Love your tread. Found it last week while in the Gap forum. I've been trading Sunday gaps and and will add 3taps and B.O.'S to my trading tools. Been reading from 1st post. Just bagged 38 pips on USD/CHF BO look forward to adding to this post.
Thanks fxp. Glad to have you here.
  • #9,610
  • Jan 18, 2011 7:31am Jan 18, 2011 7:31am
Quoting Swamp Yankee
Very nice thread. Thanks for your diligence and generosity.
You are very welcome. Glad you joined us.
  • #9,611
  • Jan 18, 2011 7:48am Jan 18, 2011 7:48am
Breaking out
Attached Image (click to enlarge)
Click to Enlarge Name: sun.gif Size: 9 KB
  • #9,612
  • Jan 18, 2011 7:52am Jan 18, 2011 7:52am
I would like to ask what do you think about GBP/JPY H4 chart. There are two huge (80 pips) candles long and then short. It doesn't look usual, should we expect that last month up trend will be reversed soon?
  • #9,613
  • Jan 18, 2011 7:57am Jan 18, 2011 7:57am
Quoting lawgirl21
Breaking out
In this trade since 2 hours back, was a possible BO then, but went up. Looks like it will try again, I hope with more succes now although there is some nice support visible on the H1 chart.
  • #9,614
  • Jan 18, 2011 8:10am Jan 18, 2011 8:10am
LG - I'd be interested to know your timing for entry here? thanks.

Quoting lawgirl21
Breaking out
  • #9,615
  • Jan 18, 2011 8:13am Jan 18, 2011 8:13am
Expecting a new Daily High finish in the next few hours..

http://img820.imageshack.us/img820/3100/gbpusd.jpg

http://img641.imageshack.us/img641/371/gbpusdt.jpg
"You Never Know.....Until You Find Out."
  • #9,616
  • Jan 18, 2011 8:27am Jan 18, 2011 8:27am
Quoting goldenequity
Expecting a new Daily High finish in the next few hours..
http://img641.imageshack.us/img641/371/gbpusdt.jpg
I am in this and hoping we both are right :-)
  • #9,617
  • Jan 18, 2011 8:32am Jan 18, 2011 8:32am
Quoting LFB
I am in this and hoping we both are right :-)
I am in this too. Let hope to see a new high.
  • #9,618
  • Jan 18, 2011 8:33am Jan 18, 2011 8:33am
hmmm.... i was expecting this thread to be filled with a bunch of indicator free extremists,instead evryone uses indis?
what is the point of calling this thread naked trading if evryone here uses indis?lol
  • #9,619
  • Jan 18, 2011 8:35am Jan 18, 2011 8:35am
Quoting dragan53
hmmm.... i was expecting this thread to be filled with a bunch of indicator free extremists,instead evryone uses indis?
what is the point of calling this thread naked trading if evryone here uses indis?lol
The last time I checked it was called: Almost Naked Trading ;-)
  • #9,620
  • Jan 18, 2011 8:40am Jan 18, 2011 8:40am
close enough,but not for me
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