Nick Bencino on his YouTube Forex conferences notes how he stays away from trading the USDJPY with his "strategy" and I have noticed that the runs or Trends are usually small so that risk is too high over the long run. But, Bencino knows that the ...

Trade What You See - Almost Naked Trading

Another example where the EMA 200 is respected on the H4 : image

Trade What You See - Almost Naked Trading

I lost some Pips here last night after the Candle Trend bounced off the EMA 200 showing a very respected level as per LG21 - just like the Fib 50% Zone ! I have not taken another trade now as I see how Choppy this pair is at this time: image

Trade What You See - Almost Naked Trading

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Trade What You See - Almost Naked Trading

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Trade What You See - Almost Naked Trading

Another potent Bearish Reversal here after a very strong preceding Bullish Trend: image I suggest that you folks study free materials and videos by Nick Bencino at Forex4Noobs on youtube - this fellow is truly a genius like Walt Peters, Timmon ...

Trade What You See - Almost Naked Trading

A Very Powerful Bearish LB (Long Bar) off the Fib 100% and after a strong PREVIOUS BULLISH TREND before reversal at Fib 100% - I went short here: image

Trade What You See - Almost Naked Trading

I am going Short early here as there is a very powerful Bearish PB and crossing of the EMA 200: image

Trade What You See - Almost Naked Trading

Here is another Reversal on the Fib 50% with a new Bullish PB formation. However, I did not take a Long trade as the Buyers may have reached it exhaustion level overnight - so I will wait: image

Trade What You See - Almost Naked Trading

Here is another case of being Stopped out in the LON open despite a good LG Setup, now entering the 50% Fib Zone. I took a Bullish trade despite being right at the NY Open only because of a new Bullish PB overnight after being stopped out: image

Trade What You See - Almost Naked Trading

I lost 26 Pips with a Bearish LG setup on H4 due to a FIBONACCI 5)% LEVEL REVERSAL PHENOMENA ! Well, because this resulted with a Bullish PB at the Fib 50%, I now went long. However, because this trade happens just before the NY Open, there may be a ...

Trade What You See - Almost Naked Trading

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Trade What You See - Almost Naked Trading

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Trade What You See - Almost Naked Trading

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Trade What You See - Almost Naked Trading

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Trade What You See - Almost Naked Trading

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Trade What You See - Almost Naked Trading

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Trade What You See - Almost Naked Trading

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Trade What You See - Almost Naked Trading

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Trade What You See - Almost Naked Trading

My FxChoice Broker that is a "5-Day NY Close" and non-MM ECN so you bypass "the Desk" or the MM: image

Trade What You See - Almost Naked Trading