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Trade What You See - Almost Naked Trading

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  • Post #13,021
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  • Mar 29, 2011 11:23pm Mar 29, 2011 11:23pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Quoting Cristian2011
Disliked
4C H1 BO.
This might be a really good one, can't see any resistance near by. The closest I found was on the W1 chart but that level was broke and the pair is 100 pips away. Am I missing something?

Attachment 670371 Attachment 670372
Ignored
I'm watching it too. Plenty of room to move.
 
 
  • Post #13,022
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  • Mar 29, 2011 11:50pm Mar 29, 2011 11:50pm
  •  jdcompute
  • | Commercial Member | Joined Mar 2008 | 782 Posts
Waiting for a break below/above that scout line saves me over and over again from false breakouts.
 
 
  • Post #13,023
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  • Mar 29, 2011 11:58pm Mar 29, 2011 11:58pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Quoting jdcompute
Disliked
Waiting for a break below/above that scout line saves me over and over again from false breakouts.
Ignored
Good, me too. Takes patience and is not fool proof, but it the best entrance with the most confirmation that I have every come across.
 
 
  • Post #13,024
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  • Mar 29, 2011 11:58pm Mar 29, 2011 11:58pm
  •  jdcompute
  • | Commercial Member | Joined Mar 2008 | 782 Posts
Quoting lawgirl21
Disliked
Good, me too. Takes patience and is not fool proof, but it the best entrance with the most confirmation that I have every come across.
Ignored
Agreed.
 
 
  • Post #13,025
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  • Mar 30, 2011 12:16am Mar 30, 2011 12:16am
  •  nhuda
  • | Joined Nov 2007 | Status: Member | 35 Posts
Hi LG,

I must say you have an amazing system here! I have been reading your thread and trying out your system for the last couple of weeks. With TPs and SLs I am up +290 pips uptill now on a live account. I am still learning. But I couldn't stop myself to say Thank you for all the pips that I have made so far.

Cheers!
 
 
  • Post #13,026
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  • Mar 30, 2011 12:36am Mar 30, 2011 12:36am
  •  esj_joo
  • | Joined Oct 2008 | Status: Member | 16 Posts
Quoting nhuda
Disliked
Hi LG,

I must say you have an amazing system here! I have been reading your thread and trying out your system for the last couple of weeks. With TPs and SLs I am up +290 pips uptill now on a live account. I am still learning. But I couldn't stop myself to say Thank you for all the pips that I have made so far.

Cheers!
Ignored
would you mind to share how u determine ur TP & SL point?
thanks.
 
 
  • Post #13,027
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  • Mar 30, 2011 1:01am Mar 30, 2011 1:01am
  •  Cristian2011
  • | Joined Mar 2011 | Status: Member | 58 Posts
Quoting Cristian2011
Disliked
Last night 4C H1 BO

EURUSD long +30
GBPJPY long +22
CADJPY long +27

GPBUSD long -35
USDCAD short -4
NZDUSD long -18
AUSUSD short -42

Most of misses were due to late entry and not paying attention to close areas of S/R. All came within 10-15 pips of hitting my TP.
Ignored
All my TP's triggered earlier today but i just wanted to say what a big difference it makes to pay attention to S/R levels on all time frames.

GBPCHF long +24
CADJPY long +16
GBPJPY long +16
EURJPY long +21
USDJPY long +17
AUDJPY long +37
NZDUSD short-30


A better choice would 've been NZDJPY since the yen is weak across the board again.
 
 
  • Post #13,028
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  • Mar 30, 2011 1:07am Mar 30, 2011 1:07am
  •  Anthar
  • | Joined Feb 2011 | Status: Member | 339 Posts
Quoting Cristian2011
Disliked
All my TP's triggered earlier today but i just wanted to say what a big difference it makes to pay attention to S/R levels on all time frames.

GBPCHF long +24
CADJPY long +16
GBPJPY long +16
EURJPY long +21
USDJPY long +17
AUDJPY long +37
NZDUSD short-30


A better choice would 've been NZDJPY since the yen is weak across the board again.
Ignored
Nice, you're on fire mate! S/R makes a big difference indeed.
Regarding going long on NZDJPY it might be a good idea, BoJ might intervene again any time to weaken the Yen even more.. so let's see what happens.
Flp. 4:13
 
 
  • Post #13,029
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  • Mar 30, 2011 1:12am Mar 30, 2011 1:12am
  •  Cristian2011
  • | Joined Mar 2011 | Status: Member | 58 Posts
Quoting Anthar
Disliked
Nice, you're on fire mate! S/R makes a big difference indeed.
Regarding going long on NZDJPY it might be a good idea, BoJ might intervene again any time to weaken the Yen even more.. so let's see what happens.
Ignored

Will keep on eye on that. Thx. Also like EURJPY , no resistance in sight. Cheers
 
 
  • Post #13,030
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  • Edited at 6:04am Mar 30, 2011 3:17am | Edited at 6:04am
  •  esj_joo
  • | Joined Oct 2008 | Status: Member | 16 Posts
now in for G/U & U/J

Status:
G/U out with +38 pips
U/J still open with -2 pips
 
 
  • Post #13,031
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  • Mar 30, 2011 4:28am Mar 30, 2011 4:28am
  •  qweretyq
  • | Joined Jun 2009 | Status: Member | 28 Posts
Quoting Cristian2011
Disliked
Will keep on eye on that. Thx. Also like EURJPY , no resistance in sight. Cheers
Ignored
Good call on EURJPY (and the rest as well). If you don't mind me asking, how do you determine your R/S levels?
LG said she does it based on PA only, do you do the same?
 
 
  • Post #13,032
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  • Mar 30, 2011 5:54am Mar 30, 2011 5:54am
  •  KillerAntz
  • | Joined Nov 2010 | Status: Member | 89 Posts
Quoting qweretyq
Disliked
Good call on EURJPY (and the rest as well). If you don't mind me asking, how do you determine your R/S levels?
LG said she does it based on PA only, do you do the same?
Ignored
You will find some usefull information in this older post (at least I found it very usefull)

http://www.forexfactory.com/showthre...36#post4182536
 
 
  • Post #13,033
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  • Mar 30, 2011 9:30am Mar 30, 2011 9:30am
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Quoting KillerAntz
Disliked
You will find some usefull information in this older post (at least I found it very usefull)

http://www.forexfactory.com/showthre...36#post4182536
Ignored
Thanks, KA, for pulling up that post on finding S/R levels. I had forgotten about it.
 
 
  • Post #13,034
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  • Mar 30, 2011 9:39am Mar 30, 2011 9:39am
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Last night was exceptional. Profits all over the place for me too.
EURJPY - +65
CHFJPY - +16
AUDJPY - +85
CADJPY - +15
EURJPY - +15
GBPJPY - +75

Some of these were H4 entries and some were H1 entries. Two are still running GBPCHF up 8 right now and USDCHF negative 15 now.
 
 
  • Post #13,035
  • Quote
  • Mar 30, 2011 9:42am Mar 30, 2011 9:42am
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Looks like it is now in the continuation phase of a ZC trade.
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  • Post #13,036
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  • Mar 30, 2011 9:44am Mar 30, 2011 9:44am
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Retracing
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  • Post #13,037
  • Quote
  • Mar 30, 2011 9:45am Mar 30, 2011 9:45am
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Looks like it will continue up.
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  • Post #13,038
  • Quote
  • Mar 30, 2011 9:47am Mar 30, 2011 9:47am
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
ZC trade
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  • Post #13,039
  • Quote
  • Mar 30, 2011 9:48am Mar 30, 2011 9:48am
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
In continuation phase of ZC trade
Attached Image
 
 
  • Post #13,040
  • Quote
  • Mar 30, 2011 9:51am Mar 30, 2011 9:51am
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
These pairs look pretty much alike.
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