HAPPY NEW YEAR

Trade What You See - Almost Naked Trading

You're on a roll LG!

Trade What You See - Almost Naked Trading

I'm looking at the same line, a parallel joining the swing lows forms a perfect channel.

Trade What You See - Almost Naked Trading

Gut feel — Cannot pin it down, but can't help thinking GU and EU are gonna tank over the next day or so...

Trade What You See - Almost Naked Trading

Congrats!

Trade What You See - Almost Naked Trading

GU — fwiw, PA is toying with the upper line of last week's candle's channel. Worth watching.

Trade What You See - Almost Naked Trading

The major concern I had on that trendline was the tails showing on the preceding daily candles.

Trade What You See - Almost Naked Trading

Thanking my lucky stars that I had TP on EU at 1.2920 from an earlier short. The € rocketed soon after.

Trade What You See - Almost Naked Trading

Makes me think its insider trading! Japan to buy 20% of euro bond issues later in the week?

Trade What You See - Almost Naked Trading

Phew, I think I need to lay down for a while after seeing that chart, definitely pretty! If you are keen on volume analysis why not have the volume indy? Having said that, if you are following LG's methods, "naked charts" are a prerequisite. I often ...

Trade What You See - Almost Naked Trading

Well done all you gap traders.

Trade What You See - Almost Naked Trading

NZDGBP — Quite fancied a short about 30 min back, but IG's spread was 34 pips then!

Trade What You See - Almost Naked Trading

...meant braver guys....

Trade What You See - Almost Naked Trading

Braver guy than me!

Trade What You See - Almost Naked Trading

HE He. No need to delete, just keep referring to it as a reminder when you next feel naught!

Trade What You See - Almost Naked Trading

What stopped me going short was the macd still pointing up on the H1. I know you don't use macd, nevertheless, if you can stand the heat, it should turn soonish.

Trade What You See - Almost Naked Trading

OK, i like keeping things simple: 1) consolidation is a steady range over time. 2) Range is an identifiable number of xx points/pips. 3) Therefore, a consolidation is generally within 2 parallel horizontal lines. 4) Flag is typically a price channel ...

Trade What You See - Almost Naked Trading

At the risk of confusing folks, this is NOT consolidation in my book! LH/LL does not constitute consolidation. It can be described as a channel/flag more like.

Trade What You See - Almost Naked Trading

.....it may be worth learning to recognise bull/bear flags' shapes. This will stop you in your tracks considering it as a 3T short trade when RSIs are pointing to the sky...

Trade What You See - Almost Naked Trading

Not meaning to butt in, but, surely the important point is to watch for the triggers that make you take the trade. On the other hand, if you are relatively confident of a break's direction, then discretion plays a big part with reference to S/R ...

Trade What You See - Almost Naked Trading