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lawgirl21 replied Oct 1, 2010Good. The right thing to do. Profit is always good..even small profit. Do it over and over again and it becomes large profit.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 1, 2010Move to a 15M chart now with that TP marked to watch the trade. Consider taking half your profit at that level, let the other half travel on down to .9725-30 level. PA seems to be moving in your direction.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 1, 2010Good. All TFs are short. Three taps occurred. You can see what is below you. Again, this is a shortened trading day so keep it tight on your TP.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 1, 2010I want you to go through the analysis. I will help you, but you tell me why you think this is a good trade.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 1, 2010AUDUSD: All TFs were long when you entered. The 3 taps occurred. Again, this is a shortened trading day so get in and get out. Also, always know what is above up for a long trade and what is below you for a short trade. This pair is approaching 2 ...
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 1, 2010Let's go throught the process. For NZD all TFs are long. The 3 taps occurred. You may have entered a little late. Looks like you entered more than 8 hours after 3rd tap. Where is your next resistence level, which you will use for TP? Also remember ...
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 1, 2010What type of trade was it? Please post your charts.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 1, 2010USDJPY Trade — I want to show you guys a trade I took last night that gave me 25 pips. This is an extension of my post # 338 above, a Breakout trade with a twist.. From my scan yesterday, I knew this pair had a short directional bias. I ...
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 1, 2010Yes, although some traders think trend is stronger above/below 50 line. We are using RSI only for general directional bias. Don't get hung up on the clock positions either...general direction is what we are looking for. We will confirm our bias by ...
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 1, 2010The 50 level is just there for point of reference.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 1, 2010JG, I do not believe that this system is really a good newbie system. I think that even though it is simple, it is really an advanced system of trading. And one reason is that there will always be vagueness, because there are no exact numbers ...
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 1, 2010I am so happy for you, L
Please post your trades for all to see and learn from.Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 1, 2010RSI is used, along with PA, to determine direction only. It is not used to indicate overbought/sold for our purposes. Basically, RSI needs to be pointing up for long and down for short.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 1, 2010Thanks Jmb. Glad to have you here.
Trade What You See - Almost Naked Trading
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lawgirl21 replied Oct 1, 2010Hi freedom--I tried setting my alarm clock to wake up at 3:00 a.m. or whatever because someone said to trade the London market..it about killed me. Then I found I could make money trading anytime I had a chance to get to a computer. Trading is ...
Trade What You See - Almost Naked Trading
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lawgirl21 replied Sep 30, 2010JG, look back at my post #315, wherein I said that I believed working with only a few charts, but in a continuim would yield lots of money...this continued tap piggy backing would be an important element in that process...as long as the trend ...
Trade What You See - Almost Naked Trading
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lawgirl21 replied Sep 30, 2010There really are no hard and fast rules, only observations and comments on what has worked in the past and is likely to work in the future. I really liked that chart and it worked for him. If PA is continuing in the same direction and there are ...
Trade What You See - Almost Naked Trading