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lawgirl21 replied Nov 11, 2010This is not really a beginning traders' system. It is deceptively simple- yet it presupposes a great deal of knowledge and/or experience and even a mature trading attitude which includes an ability to manage money effectively. Yet we have many new ...
Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 11, 2010Veterans' Day..We always go to Palm Springs for a wonderful parade with flyovers and tanks from 29 Palms and many bands..very moving. My husband marches in it sometimes.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 11, 2010GBPJPY — Looking for a BO long.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 11, 2010No, I actually entered if from the H1 chart, but the H4 and especially the weekly confirmed and I monitored it from the weekly....out of despair, I think, because I knew it would "stand by me".
Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 11, 2010USDCAD — May be a good ditch trade long. Go to lower TF and watch for a good entry.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 11, 2010EURUSD — Yes, I did hang on to this trade. DD was over 140 pips, and I was down lots of real money. It is not quite in the money yet, but I think it will be. I really like this weekly chart.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 11, 2010EURJPY — Hi Wally...I was just about to post that trade. I am up about 50 pips. No I never placed a SL on this trade because the weekly RSI stayed with me and before I went to bed, PA had already tested my resistence line and was heading down. ...
Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 10, 2010Think I will too..maybe watch some TV, which I never do. Night all..see you in the morning..happy trading through the night.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 10, 2010Pair Scan — I did a quick scan of most pairs and see no confirmation on the 3 major TFs. ...Hmmm..most unusual. Does anyone see things differently?
Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 10, 2010Yes, I think you are right...
Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 10, 2010Thanks Ph..I have a fairly high tolerance for risk but once in a while I have to take a trade on a weekly or even monthly chart and test it, I guess.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 10, 2010I am hoping the 3840 resistence level holds and sends PA back down. Weekly still looks good for short with trading in tight (well, as tight as weekly candles can be) range. And monthly has a 3 Tap set up and trigger short. It's that darn DD that is ...
Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 10, 2010Thanks, I actually did not follow my own rule and put this trade on live initially and am now losing a bundle...
Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 10, 2010EURUSD — I'm still short this trade. Seeing if I can survive the DD.

Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 10, 2010OK good..yes, I thought you might not be placing stops because I didn't place them immediately..should have known you had better sense than that...

Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 10, 2010EURJPY — It's probably time to place a SL on that trade if you haven't already, Wally. I would place it at the next resistence level above PA, if you are comfortable with that.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 10, 2010Please feel free to discuss entries and exits all you like. We use lower TFs all the time for entries on BOs and there is no reason not to use them for entries on tap trades also, like Scrutch suggested.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Nov 10, 2010Could not agree with you more about Scrutch...

Trade What You See - Almost Naked Trading