If you'll look to your left you'll see me Have a great weekend!

Trade What You See - Almost Naked Trading

Crazy isn't it?!

Trade What You See - Almost Naked Trading

Definetly

Trade What You See - Almost Naked Trading

Unfortunatly no, I got a bit greedy, took off my intial TP and thought the strong trend of the euro will take it over 112.00 - well, I was wrong.

Trade What You See - Almost Naked Trading

My pleasure. It is very important because it effects the traders money managment - while you you think you have spread your risk over several pairs, you might actually be invested in the same pair in the same direction. Not to mention if you open ...

Trade What You See - Almost Naked Trading

Enjoy It can also help you make sure that you don't open two opposing positions.

Trade What You See - Almost Naked Trading

Correlation between forex pairs — Here is something to help you guys avoid putting all your eggs in one basket, without even knowing it: url (There are many sites that present this data, so make sure you compare the data on the site above ...

Trade What You See - Almost Naked Trading

Thanks LFB for sharing that info. You can follow the strong trend by minding the RSI direction as explained in the first page of this thread. This is part of LG's system, and you should download the rsi direction indicator that is posted on page 1. ...

Trade What You See - Almost Naked Trading

I think that around 131.00 was the place to sell on BO, now it's too late and too risky.

Trade What You See - Almost Naked Trading

Welcome aboard man. First, read this thread. Second, look into the charts posted all over the thread to understand how it works. Third, open a demo account. Fourth, go into positions that follow the rules. Fifth, keep on reading this thread. Sixth, ...

Trade What You See - Almost Naked Trading

German Ifo Business Climate bits expectations - Euro getting stronger...

Trade What You See - Almost Naked Trading

One of the important lessons I've learned - the hard way - is that you don't chase good trades (and it's very frastrating to see those sail away); more good trades will come - there are plenty of them. It may come as a shock to some, but there were ...

Trade What You See - Almost Naked Trading

I'm signing out... Have a great night LG and the rest of the gang! C u 2morow

Trade What You See - Almost Naked Trading

Indeed. And since I'm thinking of calling it a day and leave the trades open I'm thinking which one of those will be best.

Trade What You See - Almost Naked Trading

usdcad — LG, where do you think the TP should be on usdcad short? I'm debating wether to put it with my eye on the 4H or the Daily? Around 1.0031 or 1.0000?

Trade What You See - Almost Naked Trading

I'm in long as well

Trade What You See - Almost Naked Trading

My pleasure. I'm also watching these pairs and nzdusd

Trade What You See - Almost Naked Trading

audjpy — By the way, did you see this long consolidation on the 1H audjpy:

Trade What You See - Almost Naked Trading

Hmmm... interesting... well, noted, I will check it out, and let you know how I find this ZC. How did it work for you so far?

Trade What You See - Almost Naked Trading

Hang in there dude. Keep practicing, go back to demo account if you have to, or at least to mini-account; analyze your mistakes; take safer trades; read this thread; ask questions; and be patient... it WILL become easier! Happy Xmas!

Trade What You See - Almost Naked Trading