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Trade What You See - Almost Naked Trading

  • #14,501
  • May 3, 2011 8:32am May 3, 2011 8:32am
+200 pips
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  • #14,502
  • May 3, 2011 8:56am May 3, 2011 8:56am
Quoting lawgirl21
+200 pips
Congratulations LG...terrific
WOW, I`m speechless...
There`s no life before COFFEE!
  • #14,503
  • May 3, 2011 9:10am May 3, 2011 9:10am
I like the way you have taken this method to daily, weekly, and dare I say even monthly TFs. Until I build confidence I'm sticking with 1H and 4H.

Here's one I'm watching now.

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Mark ... Everything you have been told is a LIE
  • #14,504
  • May 3, 2011 9:12am May 3, 2011 9:12am
well done LG.

I have a question if I may: I looked at all those pairs and passed them on because all of those setup's were right on major Support/Resistance levels and they could have gone either way. I looked at it as 50/50 trade as major news item was due and it could have broken above or got rejected. The negative Manufacturing PMI news caused the surprise and accounted for the volatility and volume.

May I know what made you take all those setup's right on those major S/R levels? Did you consider fundamental factor or is it pure technical?

Once again very well done. Like you said it was not for the faint hearted and he who dares wins
  • #14,505
  • May 3, 2011 9:33am May 3, 2011 9:33am
Some nice trades Lawgirl, seems i may have overlooked this method.
Seek not to change the world; seek only to change your mind about the world
  • #14,506
  • May 3, 2011 9:53am May 3, 2011 9:53am
Quoting vijidas
well done LG.

I have a question if I may: I looked at all those pairs and passed them on because all of those setup's were right on major Support/Resistance levels and they could have gone either way. I looked at it as 50/50 trade as major news item was due and it could have broken above or got rejected. The negative Manufacturing PMI news caused the surprise and accounted for the volatility and volume.

May I know what made you take all those setup's right on those major S/R levels? Did you consider fundamental factor or is it pure technical?...
I am just now takng the H1 and H4 setups to higher TFs. With GBPUSD and GBPJPY, I believed there to be alot of run room and the set ups were there.

As to news, I pay little attention to it. I have tried, but I found it was interferring with my "thinking" and I was spending too much time antcipating and checking it. Sometmes the news burns me, but not often enough to really slow me down, if that makes sense.

As this is the first of the month, I really wanted to enter early and ride it out. Looks like I will be attempting to do that with GBPUSD. Time will tell what the month will bring and I will probably use other accounts to go long from time to time. I really want to "kick it up a notch" as Emeral says, and look for longer term growth.
  • #14,507
  • May 3, 2011 9:54am May 3, 2011 9:54am
Quoting gez40
Some nice trades Lawgirl, seems i may have overlooked this method.
It's the same method...larger TF.
  • #14,508
  • May 3, 2011 10:02am May 3, 2011 10:02am
Quoting spzd
I like the way you have taken this method to daily, weekly, and dare I say even monthly TFs. Until I build confidence I'm sticking with 1H and 4H.

Here's one I'm watching now.


Attachment
Hope you are in this pair.
  • #14,509
  • May 3, 2011 10:41am May 3, 2011 10:41am
Quoting lawgirl21
Hope you are in this pair.
Took 20 pips out of it. Going to have to work on getting rid of a lot of my short term habits. But overall I'm really liking this method.
Mark ... Everything you have been told is a LIE
  • #14,510
  • May 3, 2011 10:48am May 3, 2011 10:48am
Quoting lawgirl21
+120 pips on the monthly chart
Awesome stuff...
Fall seven times, stand up Eight! #GGMU
  • #14,511
  • May 3, 2011 11:01am May 3, 2011 11:01am
Quoting spzd
Took 20 pips out of it. Going to have to work on getting rid of a lot of my short term habits. But overall I'm really liking this method.
I understand what you mean. I am battling that too. The methods are so solid, time honored and proven, that it is almost scary...doesn't mean 100% positive trades, however. Glad you are liking them.
  • #14,512
  • May 3, 2011 11:02am May 3, 2011 11:02am
Quoting vickym
Awesome stuff...
Thanks, vicky. Looks like you are doing well too. You seem to really be able to spot setups.
  • #14,513
  • May 3, 2011 11:25am May 3, 2011 11:25am
Hey Lawgirl, some good pips you got there. I took a few of those trades myself. Divergence is my main weapon. )
  • #14,514
  • May 3, 2011 11:32am May 3, 2011 11:32am
This pair has been such a tease all morning...will it ever break?
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  • #14,515
  • May 3, 2011 11:37am May 3, 2011 11:37am
Quoting LearningPIPs
This pair has been such a tease all morning...will it ever break?
Keeping my eye on this also.
Mark ... Everything you have been told is a LIE
  • #14,516
  • May 3, 2011 11:46am May 3, 2011 11:46am
Quoting LearningPIPs
This pair has been such a tease all morning...will it ever break?
There is a 3 Tap setup and trigger on the weekly chart. Will likely be a bumpy ride.
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  • #14,517
  • May 3, 2011 11:50am May 3, 2011 11:50am
I'm not sure where to take profit on this... can't find any major S/R levels (except maybe on the daily) up about 95 pips... any suggestions?
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  • #14,518
  • May 3, 2011 11:54am May 3, 2011 11:54am
Quoting qweretyq
I'm not sure where to take profit on this... can't find any major S/R levels (except maybe on the daily) up about 95 pips... any suggestions?
Your in uncharted territory going back 20 years. Might be best to take partial profit and see what the rest does.
Mark ... Everything you have been told is a LIE
  • #14,519
  • May 3, 2011 12:10pm May 3, 2011 12:10pm
I'm in.

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Mark ... Everything you have been told is a LIE
  • #14,520
  • May 3, 2011 12:25pm May 3, 2011 12:25pm
weekly 3 taps looking good on the EU
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