NZDUSD — Had a nice BO, then consolidation, now may be moving up again.

Trade What You See - Almost Naked Trading

I'm not seeing any good set ups, so I am signing off until tomorrow morning. Good trading everyone...

Trade What You See - Almost Naked Trading

Thanks Anthar. It seems as though I may have ridden the DD out. Positive now.

Trade What You See - Almost Naked Trading

Yes, possibly. Those 2 orange lines are marking the R/S lines of the first four days of the month...just like we do with H1 4C BOs. So, technically it is a support line. I wish......I would be very happy with that.

Trade What You See - Almost Naked Trading

Taking a Beating! — With the change of the daily candle, all my daily BO and channel trades are hurting. I have posted an example. The interesting thing is that the weekly RSI is still on my side of the trade, so I am going to ride it out. (or ...

Trade What You See - Almost Naked Trading

EURGBP — I especially like this trade because of the resistance level which was approached 4 days straight. This hopefully, will make PA feel totally rejected at that level and head further down. +40 pips so far.

Trade What You See - Almost Naked Trading

AUDJPY — Daily chart channel trade. Up 60 pips.

Trade What You See - Almost Naked Trading

Must get ready for work. What an exciting morning!

Trade What You See - Almost Naked Trading

Yes, and I believe channel trades on a daily basis would have more momentum and overall value. I am moving to the H1 chart to look for continued direction within the channel and also want the weekly RSI in my favor.

Trade What You See - Almost Naked Trading

GBPJPY — A daily channel trade, also a H1 4C BO trade.

Trade What You See - Almost Naked Trading

Nothing really changes, just our measure.

Trade What You See - Almost Naked Trading

Yes, I am seeing that too. Double and triple confirmation often. And channel trades and probably ZCs. Very exciting stuff...

Trade What You See - Almost Naked Trading

GBPCHF — Daily channel trade and BO. I have two short positions.

Trade What You See - Almost Naked Trading

USDJPY — Channel trade on daily

Trade What You See - Almost Naked Trading

Looks like our daily line box indy is not going to work on the daily chart..bummer...

Trade What You See - Almost Naked Trading

Excellent idea! Let's manually backtest it. I like this very much and like how you think. We'll stay in winning positions until they turn on us and add to the position every 50-100 pips. Thanks doc.

Trade What You See - Almost Naked Trading

Don't even look back. There will be many, many more good trades..more than we can ever take. I missed at least a half a dozen last night.

Trade What You See - Almost Naked Trading

EURAUD — Let's start seriously looking for consolidation on daily, weekly and monthly charts. We can treat BOs the very same way as we do on the H1 chart, just move down a timeframe or two and enter the same way. The potential for pips even ...

Trade What You See - Almost Naked Trading

Exactly right, PA shows the way. But look for a mixed set of RSI arrows. I consider a channel trade sort of a "twiddling my thumbs" trade while waiting for a good BO. BOs are my bread and butter, but channel trading is fun.

Trade What You See - Almost Naked Trading

EURCAD — Here's a real beauty.

Trade What You See - Almost Naked Trading