NZDUSD — Another channel trade.

Trade What You See - Almost Naked Trading

CADJPY — Channel trade.

Trade What You See - Almost Naked Trading

An open with a bang... WOW!

Trade What You See - Almost Naked Trading

I will be around, but not gap trading as I am in several longer term trades and can't trade both sides.

Trade What You See - Almost Naked Trading

No, I was talking about the GU trade..from the daily.

Trade What You See - Almost Naked Trading

GBPUSD — Take a look at this beautiful 3 Tap Weekly setup and trigger. However, since it triggered last week, we would have to determine by PA on the next candle whether or not to enter at this point on the weekly chart.

Trade What You See - Almost Naked Trading

You are very welcome!

Trade What You See - Almost Naked Trading

The very interesting thing about 3 Taps is that we "find" them, we cannot generally anticipate them. We find them because we are looking for them AFTER the RSIs are telling us to look for them (confirming direction). That confirmation of direction ...

Trade What You See - Almost Naked Trading

Jesse Livermore - The World's Greatest Stock Trader — Since we are talking about him... here are what he considered his most important rules and in this order: 1. Decide on the overall direction of the market. Be sure of the basic trend. It is ...

Trade What You See - Almost Naked Trading

Yes, I understand that he did not trade currencies, but some of his trading principles are equally applicable to currency trading. His trading has helped me personally in my trading more than anyone dead or alive..but you are correct, as was he ...

Trade What You See - Almost Naked Trading

You like Livermore too! As do I, not as a man, but as a trader..have read everything I can about him. He sent out market "probes" or "scouts" as a major part of his trading...kind of like we are doing with our daily trades and the 30 pip SL.

Trade What You See - Almost Naked Trading

GBPUSD — A quick look back at the last 3 weeks for 3 Tap H4 setups reveals many and only one that did not have a trigger. Just trading that pair and following it closely would have made hundreds of pips.

Trade What You See - Almost Naked Trading

I am so glad you analyzed what you are doing and found the problem. That is a very common mistake, I do it too still sometimes. It has appeared to me for the past couple of weeks that 3 Taps on H4 charts are often 3 Taps on the daily chart also. I ...

Trade What You See - Almost Naked Trading

No, TSD, it was a daily chart entry with 30 pip SL. I closed the trade with 115 pips when I closed all my trades.

Trade What You See - Almost Naked Trading

You are so right..I am already in barbecue and beer mode. Hope you don't have to work over the long weekend.

Trade What You See - Almost Naked Trading

The first step of finding 3 Taps is to look for conformation of direction on the weekly, daily, and H4 RSIs. This is critical. Some people start by looking for the taps first and trying to get the confirmation later, but that is not the procedure. ...

Trade What You See - Almost Naked Trading

Have a great time eltax! We really loved doing that when my boys were little. You are right about the opportunities here...all the time. You are doing very well with this...makes me happy.

Trade What You See - Almost Naked Trading

Terrific! The idea is to stay in. My charts were too messy and I can't function well that way. I did reenter four pairs however.

Trade What You See - Almost Naked Trading

SL moved to BE at 60 is good. One other thing I am not sure I mentioned, don't add a branch until prior trade has been moved to BE...whether that is 60 or earlier...whatever you are comfortable with. I am not sure about the 3:00 angle...may just be ...

Trade What You See - Almost Naked Trading

Closed all Trades — I closed all my open trades for a combined total of about +1500 pips after that incredible move last night. I wanted to "clean out" my charts in preparation for the long weekend in the US and the beginning of a new trading ...

Trade What You See - Almost Naked Trading