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Attachments: Trade What You See - Almost Naked Trading
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Trade What You See - Almost Naked Trading

Quoting afos
hi Fitzdan, can you clarify the gbp/jpy, as it looks like the daily rsi was rising before this morning, agreed the weekley was very down, was that a calculated risk?
the gbp/usd looks similar too!
regs
afos
Hi afos

No calculated risk just trading what I see based on Lawgirl21's setups and triggers. When I took these trades this morning at 7am BST (6am GMT) the weekly and daily rsi said sell. How have they turned out ? I got stopped out on gbpusd at -30pips and im still in gbpjpy though that has turned against me now and is down 15 pips with markets about to close.

A good 2 days trading with this method, currently 5 open positions on the moneytree at + 700 pips with 50% profit locked in on several and stops moved to BE.
Thank you for your mothered. it's very good. god bless
Quoting fitzdan
Hi afos

No calculated risk just trading what I see based on Lawgirl21's setups and triggers. When I took these trades this morning at 7am BST (6am GMT) the weekly and daily rsi said sell. How have they turned out ? I got stopped out on gbpusd at -30pips and im still in gbpjpy though that has turned against me now and is down 15 pips with markets about to close.

A good 2 days trading with this method, currently 5 open positions on the moneytree at + 700 pips with 50% profit locked in on several and stops moved to BE.
Fantastic results fitzdan, I hope to achieve similar results in the coming weeks which will make this a very profitable way of trading.
Have a good weekend all.
Sounds like everyone is doing quite well...hundreds of pips. That makes me very happy.

Vegas is beautiful with 75 degree weather and a very nice breeze. Have lost $200 in the slots, have $100 more alloted to play with, then no more slots.

See you all on Monday. Have a restful, family filled weekend.
very small ones...

in&out of eurusd +7
Attached Image (click to enlarge)
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Only one trigger so far, AUDJPY. Because of the lack of a long-term trend for this pair, I'm staying out. It's been ranging for a couple weeks now.
Enter Signature
Watching AUDCAD, EURAUD and AUDUSD. Other than that, I don't see any possibilities for this evening (I only trade this system from 1-5am GMT)

EURAUD just triggered, we just need a good looking bearish candle now.
Enter Signature
I am jumping on board with a demo account on the latest Daily Trading method.

As of 8PM EDT I'm long aud/usd and short eur/aud. Took gbp/usd and stopped out early. It was a weak trade and in retrospect I should not have taken that one.

gbp/chf and eur/chf are showing a buy signal but its counter trend against a very strong down trend. Think I'm going to pass on it for now.

Don't see anything else for today.

Such a simple system. Hope it holds up.
Quoting airbeat
I am jumping on board with a demo account on the latest Daily Trading method.

As of 8PM EDT I'm long aud/usd and short eur/aud. Took gbp/usd and stopped out early. It was a weak trade and in retrospect I should not have taken that one.

gbp/chf and eur/chf are showing a buy signal but its counter trend against a very strong down trend. Think I'm going to pass on it for now.

Don't see anything else for today.

Such a simple system. Hope it holds up.
Hi Airbeat,

I'm not seeing anything close to a trigger on the CHF pairs you listed. Are you sure both Daily RSI-3 and Weekly RSI-3 are pointing higher than 2 o'clock?

Post some charts and we can see what's wrong.
Enter Signature
Here is my eur/chf
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-06-05_2308.png Size: 48 KB
This one does not have RSI indicator confirmation but if it were with the trend I would have entered.
Attached Image (click to enlarge)
Click to Enlarge Name: 2011-06-05_gbpchf.png Size: 46 KB
Quoting airbeat
Here is my eur/chf
Very Strange. It looks like your Friday candle is different than mine. We can probably attribute this to different brokers and different Friday close times/Sunday Open times.

What time does your broker close trading on Fridays, and what time does it re-open on Sundays?

Seems that FXDD closes shop at 4pm EST on Fridays, and re-opens it's doors at 5pm EST on Sundays.

This could cause some disparities between the triggers we are getting, if you can confirm your broker close/open times.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHF20110605.jpg Size: 114 KB
Enter Signature
This is a new demo account I am trying. It's FinFX and based in finland. According to my chart the day starts at 5PM EDT. Don't know what time it opens and closes yet as I have just opened the account. I'm sure its a broker issue though. Just have to go with the charts.
Quoting airbeat
This is a new demo account I am trying. It's FinFX and based in finland. According to my chart the day starts at 5PM EDT. Don't know what time it opens and closes yet as I have just opened the account. I'm sure its a broker issue though. Just have to go with the charts.

Gotcha. If you set your chart to 1hr you can see what time the last candle was on Friday, I'm pretty sure it's the close time difference on Friday that's causing the disparity.
Enter Signature
He LG and all ,

Thanks for the help to post and discussed the chart. i made last week +227 pips with 4H 3T and DT.

and now i concentrate on the 4H BO, but my question is what is the TP & SL of this system?? any specifice rule?

Thanks in advance.

Umesh Patel
Guys, get prepared for a USDCHF H4 three touch short if price can hold at 0.83507.
Quoting JusticeFX
Guys, get prepared for a USDCHF H4 three touch short if price can hold at 0.83507.

Hi, newbie here. Why are you saying prepare for a short on USDCHF because the RSI indicator is pointing at 12 for H1 and at 2 for H4 and the rest NEUTRAL?
'To get something you never had, you have to do something you never did.'
Just three money tree trades for me this morning:

long usdcad, eurchf & audchf.
Quoting crazzzzzy
Hi, newbie here. Why are you saying prepare for a short on USDCHF because the RSI indicator is pointing at 12 for H1 and at 2 for H4 and the rest NEUTRAL?
I'm just trading with the trend my friend.

Monthly, weekly, daily, H4 and H1 all point to downtrend.

(Although, I should probably add RSI indicator if strategy calls for it.)
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