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Trade What You See - Almost Naked Trading

  • #18,261
  • Jul 13, 2013 4:40pm Jul 13, 2013 4:40pm
In fact you don't really need to watch for any RSI. There is a simple logic, to make a trend line you need at least two points, where do you think the third touch will go? On a high probability it will fallow the trend line, now, the fourth, fifth, sixth, etc touch might be weaker than the fourth, this is why you should take the third touch.
  • #18,262
  • Jul 14, 2013 3:39am Jul 14, 2013 3:39am
Quoting Withoutname
{quote} {image}
With out name... last 7 chart s posted.. GREAT Stuff................................
  • #18,263
  • Jul 21, 2013 9:03am Jul 21, 2013 9:03am
Hi everyone,

Looks like I have been a lil late in finding out abt this thread. I have started devouring the 900+ pages to soak up all the valuable tips and tricks shared by the experienced members.

I am really hoping that others (both experienced and students of this method) will continue to post here and keep this thread alive.

-- Fxpp
  • #18,264
  • Jul 22, 2013 12:32pm Jul 22, 2013 12:32pm
Quoting TraderJoe
{quote} Yes and it would really help if you (and anyone else here that has hit the jackpot) could post your growing account too, that is... if you really want to show this system really works. As for me, I still call it the three crap system
TraderJoe,

may be you should add your account too, if you are still trading. Many 'traders' have a problem, if there is no automatic signal - buy here, cover there and so on. That's why the sellers of 'quick getting rich holy grail systems, available only 2 days, only USD 99, and for sure, only for you' still have some success.

Using LawGirl's approach need a bit thinking too. It can be assumed, that your cynical comments, they don't help anyone, are based on personal problems mastering trading. A real trader wasn't born as, and so -after going through all the phases of development- his three main abilities discipline, discipline and disipline he preserves writing his posts too.

So, if you have to add some constructive, go ahead.
If not, internalize your quote of Forexhard: 'The only thing I do know with 100% certainty, is that I know nothing' and offend elsewhere.

Successful trading!

josch
trading is war - life is simple
  • #18,265
  • Jul 23, 2013 12:58pm Jul 23, 2013 12:58pm
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if you love your job you will never work a day in your life
  • #18,266
  • Jul 23, 2013 12:59pm Jul 23, 2013 12:59pm
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if you love your job you will never work a day in your life
  • #18,267
  • Jul 23, 2013 1:03pm Jul 23, 2013 1:03pm
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if you love your job you will never work a day in your life
  • #18,268
  • Edited 1:31pm Jul 23, 2013 1:04pm | Edited 1:31pm
“SCHADENFREUDE"

Winning traders are not the only ones who should fear the wrath of the market gods. Since trading occurs in a highly competitive environment, you’ll find that if you are doing well, sometimes other traders will be resentful of your success and root for you to fail.
I’ll never forget one particularly rough stretch, when two other traders who I thought were my friends were unable to contain their glee at my recent losing streak. Prior to this lapse, I had been “tearing it up” and I guess my good fortune had rubbed them the wrong way.
Did I get carried away while I was winning, and was I therefore “asking for it” when things went awry? Did I offend the market gods? Perhaps, but now I was paying the price. Now that the shoe was on the other foot, these two were smiling in my face like five-year-old children on Christmas morning.
The Germans have a word for this—schadenfreude, which loosely translates to “pleasure taken from someone else’s misfortune.”
Just as the market gods will deflate an egotistical trader, they also have disdain for those who revel in the losses of others. Don’t indulge in schadenfreude, or you may find yourself working in a restaurant or teaching high school—the fates that befell my two so called friends. If you root for the guy next to you to fail, you are likely to fail as well.”


Forex patterns and probabilities – Ed Ponsi
if you love your job you will never work a day in your life
  • #18,269
  • Jul 23, 2013 11:25pm Jul 23, 2013 11:25pm
Quoting josch
{quote} TraderJoe, may be you should add your account too, if you are still trading. Many 'traders' have a problem, if there is no automatic signal - buy here, cover there and so on. That's why the sellers of 'quick getting rich holy grail systems, available only 2 days, only USD 99, and for sure, only for you' still have some success. Using LawGirl's approach need a bit thinking too. It can be assumed, that your cynical comments, they don't help anyone, are based on personal problems mastering trading. A real trader wasn't born as, and so -after...
Excellent points, Josch.
I am trading LG's method basically since she started to introduce the method to us at FF -and I am very grateful for what LG taught us.
I will upload some live charts as soon as I see a valid trade.

Cheers
  • #18,270
  • Aug 6, 2013 9:12am Aug 6, 2013 9:12am
Guys the thread is huge and even the pdfs are about 1,000 pages! Can someone write down a summary of the system as coherent as possible? That would help a lot of people I think!

Thanks!
  • #18,271
  • Aug 6, 2013 9:38am Aug 6, 2013 9:38am
Hi Guys,

I can see a lot of guys are reading this thread. Is anyone interested in discussing this strategy? Sharing insights or setups or anything else?

-- FxPP
  • #18,272
  • Aug 6, 2013 9:39am Aug 6, 2013 9:39am
This has been done previously and I downloaded 3 x .pdfs - let me see if I can find them and and repost them....

In fact having checked, there are 4 documents still in the library - just click on the paperclip at the top of the page and look at the posts by 'wi
thoutname'
  • #18,273
  • Aug 6, 2013 10:54am Aug 6, 2013 10:54am
Quoting TraderJak
This has been done previously and I downloaded 3 x .pdfs - let me see if I can find them and and repost them.... In fact having checked, there are 4 documents still in the library - just click on the paperclip at the top of the page and look at the posts by 'wi thoutname'

Thanks for the quick response TraderJak, but the pdfs are about 1,000 pages long! I can't print them, and obviously I can't read them in due time. Is there a much shorter version of them?

Thanks!
  • #18,274
  • Aug 6, 2013 11:59am Aug 6, 2013 11:59am
Quoting twamta
{quote} Thanks for the quick response TraderJak, but the pdfs are about 1,000 pages long! I can't print them, and obviously I can't read them in due time. Is there a much shorter version of them? Thanks!
Twamta,

why you are asking other people to do work for your convenience? Reading PDFs in due time?
If you want a short form, go to post #1, LawGirl described, how it works.

josch
trading is war - life is simple
  • #18,275
  • Aug 6, 2013 12:11pm Aug 6, 2013 12:11pm
Quoting FxProPlayer
Hi Guys, I can see a lot of guys are reading this thread. Is anyone interested in discussing this strategy? Sharing insights or setups or anything else? -- FxPP
FxPP,

yes, it's a pity, that the thread was slowing down. LawGirl made a great job here and she left. Contrary to many other threads dying because of method failures, LG's strategy using higher timeframes isn't for anyone.

Unfortunately there are few threads only with a continuous follow up of successful participants.

josch
trading is war - life is simple
  • #18,276
  • Aug 7, 2013 4:02am Aug 7, 2013 4:02am
3 tap on a weekly chart. But who has the gut for it ?
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if you love your job you will never work a day in your life
  • #18,277
  • Aug 7, 2013 4:05am Aug 7, 2013 4:05am
And a "Z trade" on gold. Weekly.
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if you love your job you will never work a day in your life
  • #18,278
  • Aug 7, 2013 4:32am Aug 7, 2013 4:32am
Quoting josch
{quote} Twamta, why you are asking other people to do work for your convenience? Reading PDFs in due time? If you want a short form, go to post #1, LawGirl described, how it works. josch

Josch, obviously, I am not asking for someone to do the job for me. I am asking if someone has a shorter pdf version of the gist of the method, that's all!
  • #18,279
  • Aug 7, 2013 5:27am Aug 7, 2013 5:27am
Quoting twamta
{quote} Josch, obviously, I am not asking for someone to do the job for me. I am asking if someone has a shorter pdf version of the gist of the method, that's all!
Hi Twamta


There is no shorter pdf -basically all you need is on page 1.

Cheers
Andreas
  • #18,280
  • Aug 7, 2013 5:30am Aug 7, 2013 5:30am
Quoting AndreasF
{quote} Hi Twamta There is no shorter pdf -basically all you need is on page 1. Cheers Andreas
Thanks Andreas!
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