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Trade What You See - Almost Naked Trading

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  • Post #2,661
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  • Oct 31, 2010 6:09pm Oct 31, 2010 6:09pm
  •  Scrutch
  • | Joined Dec 2008 | Status: Get rich slowly... | 653 Posts
...I'm showing a +20 gap up but I don't think it was there before.
Quoting lawgirl21 {GU}
Disliked
Not on my chart.
Ignored
Listen to the whispers.... You may learn something
 
 
  • Post #2,662
  • Quote
  • Oct 31, 2010 6:15pm Oct 31, 2010 6:15pm
  •  Scrutch
  • | Joined Dec 2008 | Status: Get rich slowly... | 653 Posts
Me too...short @ 3965ish

Quoting lawgirl21 {EU}
Disliked
Sorry I'm late guys..just in from church. I'm in EU. Gap up of 40+ pips on my charts.
Ignored
Listen to the whispers.... You may learn something
 
 
  • Post #2,663
  • Quote
  • Oct 31, 2010 6:15pm Oct 31, 2010 6:15pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
If you have entered any of these trades, you may want to switch to M15 or M5 chart to manage/monitor the trade.
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  • Post #2,664
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  • Oct 31, 2010 6:18pm Oct 31, 2010 6:18pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Quoting forxsniper1
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Lawgirl, Good evening. Am I seeing a 3 tap and possible short comming? Is that what you are refering to? If so when would we enter short? Also thanks for such a great forum.
Ignored
I was looking at it purely as a gap trade short. I haven't checked it for a 3 tap. May be a bit early for 3 tap...
 
 
  • Post #2,665
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  • Oct 31, 2010 6:24pm Oct 31, 2010 6:24pm
  •  Jack Wasp
  • | Joined Oct 2010 | Status: Member | 22 Posts
Hello everyone,

First before I forget, for those of you who don't already know there is another thread talking about weekend gaps here;
http://www.forexfactory.com/showthre...23#post4135623

As most of you are noticing, this strategy does not work the same from broker to broker. I ran the backtests on a GAIN account. As I write this there are fantastic gaps in three of the four pairs I look at. The EURJPY has nearly closed the gap. I am looking at FXOpen for these gaps. Over the course of the week I'll try to compile some data from broker to broker as to which is best for this strategy. I'll also provide data on other pairs.

And for those of you shopping for an offshore broker that still accepts US clients, here is a thread on babypips that has been of considerable help to me.
http://forums.babypips.com/rate-my-b...cape-cftc.html

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  • Post #2,666
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  • Oct 31, 2010 6:26pm Oct 31, 2010 6:26pm
  •  Wally1953
  • | Joined Jun 2010 | Status: Member | 393 Posts
Is anyone using Alpari US? My charts seem to be frozen.

And Lawgirl, just a simple thank you for an honest, straight-forward thread. No ego, no smoke and mirrors, just the facts. Very rare on FF. I've been watching for some time, and hope to contribute.

Regards,
Wally
"Be the change that you wish to see in the world." --Gandhi
 
 
  • Post #2,667
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  • Oct 31, 2010 6:26pm Oct 31, 2010 6:26pm
  •  The Sage
  • | Joined Oct 2010 | Status: Member | 149 Posts
Quoting lawgirl21
Disliked
If you have entered any of these trades, you may want to switch to M15 or M5 chart to manage/monitor the trade.
Ignored
Where is your stop loss/TP?
 
 
  • Post #2,668
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  • Oct 31, 2010 6:31pm Oct 31, 2010 6:31pm
  •  Cencored
  • | Joined Apr 2009 | Status: Pro Trader | 265 Posts
hmm EU, EJ, AU, etc going up strongly. Not looking good for the gap trades this week...
Trading Makes Money!
 
 
  • Post #2,669
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  • Oct 31, 2010 6:33pm Oct 31, 2010 6:33pm
  •  Scrutch
  • | Joined Dec 2008 | Status: Get rich slowly... | 653 Posts
You might try a left click on your connection status icon at the lower right of your chart and rescan servers...or...reboot the MT program.
Quoting Wally1953
Disliked
Is anyone using Alpari US? My charts seem to be frozen.
Regards,
Wally
Ignored
Listen to the whispers.... You may learn something
 
 
  • Post #2,670
  • Quote
  • Oct 31, 2010 6:34pm Oct 31, 2010 6:34pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Quoting Wally1953
Disliked
Is anyone using Alpari US? My charts seem to be frozen.

And Lawgirl, just a simple thank you for an honest, straight-forward thread. No ego, no smoke and mirrors, just the facts. Very rare on FF. I've been watching for some time, and hope to contribute.

Regards,
Wally
Ignored
Your kind words mean alot to me Wally. That is exactly what I intended...easy to read...easy to understand Glad you are here.
 
 
  • Post #2,671
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  • Oct 31, 2010 6:35pm Oct 31, 2010 6:35pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Quoting The Sage
Disliked
Where is your stop loss/TP?
Ignored
I haven't set one yet..wanted to give it room. I'm on demo unless/until it moves into profit.
 
 
  • Post #2,672
  • Quote
  • Oct 31, 2010 6:36pm Oct 31, 2010 6:36pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Quoting Cencored
Disliked
hmm EU, EJ, AU, etc going up strongly. Not looking good for the gap trades this week...
Ignored
Too soon to tell...
 
 
  • Post #2,673
  • Quote
  • Oct 31, 2010 6:38pm Oct 31, 2010 6:38pm
  •  Batavier
  • Joined Jun 2009 | Status: Member | 483 Posts
Quoting Cencored
Disliked
hmm EU, EJ, AU, etc going up strongly. Not looking good for the gap trades this week...
Ignored
Gap Trades are a new one for me. Could someone be so kind as to post the trading rules for these
Just trade the pullback you idiot!
 
 
  • Post #2,674
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  • Oct 31, 2010 6:39pm Oct 31, 2010 6:39pm
  •  Scrutch
  • | Joined Dec 2008 | Status: Get rich slowly... | 653 Posts
EJ has already retraced fat side of 50% of the gap...course that's one I didn't get a ticket for.
Quoting Cencored
Disliked
hmm EU, EJ, AU, etc going up strongly. Not looking good for the gap trades this week...
Ignored
Listen to the whispers.... You may learn something
 
 
  • Post #2,675
  • Quote
  • Oct 31, 2010 6:40pm Oct 31, 2010 6:40pm
  •  Cencored
  • | Joined Apr 2009 | Status: Pro Trader | 265 Posts
Quoting lawgirl21
Disliked
I haven't set one yet..wanted to give it room. I'm on demo unless/until it moves into profit.
Ignored
LG, how do you switch between demo and live account so quickly? Is it a separate platform or do you just login using File > Login?
Trading Makes Money!
 
 
  • Post #2,676
  • Quote
  • Oct 31, 2010 6:40pm Oct 31, 2010 6:40pm
  •  MayinFx
  • | Joined Oct 2010 | Status: Member | 31 Posts
Quoting lawgirl21
Disliked
Sorry I'm late guys..just in from church. I'm in EU. Gap up of 40+ pips on my charts.
Ignored
Hi All,
I am in EU as well. I placed a sell limit order at 1.39757 which triggered.See how it will pan out.
 
 
  • Post #2,677
  • Quote
  • Oct 31, 2010 6:46pm Oct 31, 2010 6:46pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Quoting Batavier
Disliked
Gap Trades are a new one for me. Could someone be so kind as to post the trading rules for these
Ignored
Refer back to post #2608 and forward. That's all there is to it.
 
 
  • Post #2,678
  • Quote
  • Oct 31, 2010 6:47pm Oct 31, 2010 6:47pm
  •  The Sage
  • | Joined Oct 2010 | Status: Member | 149 Posts
Quoting lawgirl21
Disliked
I haven't set one yet..wanted to give it room. I'm on demo unless/until it moves into profit.
Ignored
Where is your sell order? How many +pips do you wait for before you enter from the demo to the real deal?
 
 
  • Post #2,679
  • Quote
  • Oct 31, 2010 6:47pm Oct 31, 2010 6:47pm
  •  hiredwhip
  • | Joined Nov 2009 | Status: Member | 4,980 Posts
Hi LG,
Stopped by while you were away and asked a question...It was answered and explained in detail and very well I might add by Ph22 and Rovver and I thank them for that.
Your thread is a very good read and your system is very well explained.
Kudo's to you,Scrutch, et al.....If you wouldn't mind I would like to subscribe and try out your system and of course the Gap trading ( had never heard of this before I read it here).
If all is OK I will set up my charts and be ready for the start of the week....

Looking forward to it...

whip
 
 
  • Post #2,680
  • Quote
  • Oct 31, 2010 6:48pm Oct 31, 2010 6:48pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Quoting Cencored
Disliked
LG, how do you switch between demo and live account so quickly? Is it a separate platform or do you just login using File > Login?
Ignored
Separate computers and screens. I don't even bother to set up the trade on my live computer most of the time.
 
 
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