AUDUSD — BO and Moneytree. Looks to be stalling a little now.

Trade What You See - Almost Naked Trading

USDPY — BO short for those of you not in this pair long or who can hedge.

Trade What You See - Almost Naked Trading

Adding Positions — ..to earlier trades..I not seeing any opportunities yet.

Trade What You See - Almost Naked Trading

Take your time. There will always be opportunities.

Trade What You See - Almost Naked Trading

Me too.

Trade What You See - Almost Naked Trading

I certainly understand. Taking profits is never wrong in my book.

Trade What You See - Almost Naked Trading

The new daily candle is the new daily candle for your broker...whenever that is. Mine starts at 2:00 p.m. PST. Look for RSI confirmation on the daily and weekly FIRST. Then look at the quality of candle, several hours into the new candle, before ...

Trade What You See - Almost Naked Trading

The Moneytree entry is largely dependant on having a "bundle" of trades going at one time, as not all of the trades will take off. But what we are looking for is the trades that do take off totally eclipsing the ones that do not and are stopped out. ...

Trade What You See - Almost Naked Trading

I will put these trades on a 10,000 live account if all goes well this next month. The trades will then be, instead of 1.0 ($10) per pip--.1 ($1.00) per pip. So, half will be .05, etc. But the principle is the very same. BE is not a loss....

Trade What You See - Almost Naked Trading

Of course you have to do what you are comfortable with, but to catch the really big moves, we have to keep the trades open. I take half off, move to BE and wait until the next daily candle. Then add another full position if conditions merit it. If ...

Trade What You See - Almost Naked Trading

The 870 pips were Sunday, Monday and Tuesday morning (for me) trades. So..so far this week. I have 12 open trades at the moment. You got it...that's all there is to setup and trigger. I don't like long wicks and short bodies because that says ...

Trade What You See - Almost Naked Trading

GBPUSD — Yes, indeed.

Trade What You See - Almost Naked Trading

GBPJPY — ...is about to hit BE. I took half off the table earlier and moved other half to BE. If conditions are right, may reenter on the next daily candle, but will not reenter as I did on EURUSD because of the quality of the current candle.

Trade What You See - Almost Naked Trading

EURUSD — Moneytree trade hit SL. I am going to reenter however as conditions still favor a long posiiton. I am not sure if reentries are a good idea, but will try it anyway.

Trade What You See - Almost Naked Trading

Correct.

Trade What You See - Almost Naked Trading

So happy you had success so quickly, Umesh. They won't all be that way, but it's a great way to start out.

Trade What You See - Almost Naked Trading

I really like it too. I will look up the James Dicks book, don't know it, but I love to read trading books. I do know Equity Millipede and like that thread very much, but the idea came to me through Jesse Livermore..who traded this way more than a ...

Trade What You See - Almost Naked Trading

CADJPY — Chart

Trade What You See - Almost Naked Trading

AUDNZD — I have two positions in this pair.

Trade What You See - Almost Naked Trading

AUDCAD — This pair was totally off my radar. Hope some of you caught it. Beautiful!

Trade What You See - Almost Naked Trading