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Trade What You See - Almost Naked Trading

  • #10,061
  • Jan 24, 2011 5:23pm Jan 24, 2011 5:23pm
Hi everybody

I have been reading this forum for a while and I have been reading this thread for the last day and a half and it has me quite excited so I am giving it a go (the 2 strategies on the 1st post). Just wondering if any of you guys can tell me what you think of it and if your having success with it?

Lawgirl, you really seem to be a great teacher from what I am reading and I have been trading (or trying to trade) for 3 years wasting money on crap courses and reading tonnes of stuff, alot that makes sense and some that doesn't, but I am still yet to be a consistant succesfull trader (even though i spend hours a day). For the last 6 months I have been focusing mainly on S&R so this seems to be based on the same thing (tell me if i'm wrong of course) so let's see how we go.

I have read the 1st page and coppied it so I can read it over a few times more but please feel free to let me know if there is anything else you can recomend on looking at or reading

Thnaking you all in advance.
  • #10,062
  • Jan 24, 2011 6:27pm Jan 24, 2011 6:27pm
Is this set up close to what we should be looking for?
I do like this tread thanks to every one for being so help full
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd 1 h 25 1.gif Size: 20 KB
  • #10,063
  • Jan 24, 2011 6:53pm Jan 24, 2011 6:53pm
Im in australia so just to make sure i have the time right:

The 1st H1 candle of the day is the one we are on right now (closing in a few minutes)?

Is that right?
  • #10,064
  • Jan 24, 2011 7:10pm Jan 24, 2011 7:10pm
Quoting babnz48
Is this set up close to what we should be looking for?
I do like this tread thanks to every one for being so help full
hi babnz, LG looks for 3 Taps on H4 (and above), not H1.
  • #10,065
  • Jan 24, 2011 7:18pm Jan 24, 2011 7:18pm
CBO set up. Price is taking a break before continuing.
Attached Image
  • #10,066
  • Jan 24, 2011 7:24pm Jan 24, 2011 7:24pm
CBO
Attached Image
  • #10,067
  • Jan 24, 2011 7:28pm Jan 24, 2011 7:28pm
Quoting lawgirl21
CBO set up. Price is taking a break before continuing.
long on eurusd with m15 and all h1,h4,d1,w1 confirmation or otherwise?
  • #10,068
  • Jan 24, 2011 7:31pm Jan 24, 2011 7:31pm
I hope everyone is watching this pair..breaking out of its rest period. You might consider adding to your position if you are already in this pair.
  • #10,069
  • Jan 24, 2011 7:33pm Jan 24, 2011 7:33pm
yup just need advice on how to enter m15 open above resistance and H1,H4 RSI up sufficient for BO?

p.s sorry for all the Q's .
  • #10,070
  • Jan 24, 2011 7:35pm Jan 24, 2011 7:35pm
Quoting Ph22
hi babnz, LG looks for 3 Taps on H4 (and above), not H1.
ok thanks this would be better on this 4H once rsi turn up right?
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd 4 h.gif Size: 21 KB
  • #10,071
  • Jan 24, 2011 7:43pm Jan 24, 2011 7:43pm
Quoting ConstantFX
yup just need advice on how to enter m15 open above resistance and H1,H4 RSI up sufficient for BO?

p.s sorry for all the Q's .
This is more than just a H1 4C BO. It should have more power/strength because of the narrow range of trading over the last 7-8 hours. That tight range creates pressure..kind of like shaking a soda bottle. It will explode sooner or later. When price explodes..it usually has a lot of force.

I have been long this pair since last week. But I added to my posistion a few minutes ago because of the "soda bottle" theory. We'll see what happens.
  • #10,072
  • Jan 24, 2011 7:46pm Jan 24, 2011 7:46pm
A bit late on the congrats...
There's not a lot more that I can add to the following.
It pretty well sums it up.

Quoting Location
On another note, I really think that what you wrote in your first post is really true: trading is lonely.
Having a supportive community with whom you can share your ideas, frustrations, and success is very important.
Congrats to you Lawgirl for staying committed to helping those who ask for help. I know that you've said that you don't believe that this system is for beginners. However, rather than running us off, you've done a remarkable job of helping and supporting us. Kudos.
Quoting The Sage
Hear, hear!
I second that. And LG, look no further for a reason - the reason is you, and the atmosphere you've created here. Personaly, I enjoy reading the thread even when I'm not in a trade or looking to get into one.
Listen to the whispers.... You may learn something
  • #10,073
  • Jan 24, 2011 7:49pm Jan 24, 2011 7:49pm
Quoting Scrutch
A bit late on the congrats...
There's not a lot more that I can add to the following.
It pretty well sums it up.
Thanks Scrutch..all this means a great deal to me. You were the first trader to offer me encouragement and for that, I am especially grateful.
  • #10,074
  • Jan 24, 2011 7:54pm Jan 24, 2011 7:54pm
Hi Lawgirl,

On the CHFJPY chart you posted I noticed the weekly RSI is heading in a different direction to the daily and H4

I thought this would be reasion to stay away?
  • #10,075
  • Jan 24, 2011 8:01pm Jan 24, 2011 8:01pm
LG:

Thanks for your excellent thread and all work. I have been following this thread quietly for some time. I have followed few other good threads in the past. But, somehow, I tend to think that this thread will never move to commercial section like few other good threads. This confidence speaks a volume of your dedication and willingness to help new traders selflessly and I am one of them.

FX_California
Quoting lawgirl21
Thanks Scrutch..all this means a great deal to me. You were the first trader to offer me encouragement and for that, I am especially grateful.
  • #10,076
  • Jan 24, 2011 8:04pm Jan 24, 2011 8:04pm
Usdchf looks good for a bo.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Jan. 24 18.00.jpg Size: 223 KB
  • #10,077
  • Jan 24, 2011 8:22pm Jan 24, 2011 8:22pm
Could the EU be forming a double top?
  • #10,078
  • Jan 24, 2011 8:27pm Jan 24, 2011 8:27pm
Just got back on to the forum, and congrats LG. You are the spark that started the fire.
  • #10,079
  • Jan 24, 2011 8:29pm Jan 24, 2011 8:29pm
Quoting FX_California
LG:

Thanks for your excellent thread and all work. I have been following this thread quietly for some time. I have followed few other good threads in the past. But, somehow, I tend to think that this thread will never move to commercial section like few other good threads. This confidence speaks a volume of your dedication and willingness to help new traders selflessly and I am one of them.

FX_California
Thanks FXC. But I must be honest. I cannot rule out the possibility of going commercial. I have been approached by several people in the business who have proposed the idea. And I must confess, my family would like to see it happen. A thread like this is extremely time consuming and while I have really enjoyed it and continue to enjoy it, my own personal trading, my family life and probably my law practice have all suffered because of the time committment. I would not have mentioned it at this time, except that you surprised me by bringing this up and I cannot intentionally deceive anyone.
  • #10,080
  • Jan 24, 2011 8:53pm Jan 24, 2011 8:53pm
Quoting lawgirl21
Thanks FXC....
I was also just wondering about how you can have a family, a day job, sleep and eat while doing this amazing thread. something's gotta give. I can barely follow it and trade and work as a doctor at the same time... Please stay with us a little longer, as lot of us are seeing the light and are very close to stage 3 (and 4 hopefully) But keep your priorities right. Thank you for all your time and energy, and wish that God replace all that you invested in this thread.
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