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Trade What You See - Almost Naked Trading

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  • Post #13,181
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  • Mar 31, 2011 8:27pm Mar 31, 2011 8:27pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Quoting Cristian2011
Disliked
Hit resistance and head south in which case this pair will be trending down and create opportunities for short BO's and 3T on the smaller TFS

Break through resistance in which case will create opportunities for long BO's and 3T's on the smaller TF's

Do nothing or stall which means the smaller TF's will be oscillating giving us opportunities for short or long BO's, but I'll be cautious about entering 3T's

Is this the answer you're looking for?
Ignored
Exactly...A+ for you on this quiz...
 
 
  • Post #13,182
  • Quote
  • Mar 31, 2011 8:32pm Mar 31, 2011 8:32pm
  •  Cristian2011
  • | Joined Mar 2011 | Status: Member | 58 Posts
Quoting lawgirl21
Disliked
Exactly...A+ for you on this quiz...
Ignored
You're too kind. I guess it just helps writing it down, doesn't it?
 
 
  • Post #13,183
  • Quote
  • Mar 31, 2011 9:03pm Mar 31, 2011 9:03pm
  •  Fitness09
  • | Joined Oct 2010 | Status: Member | 585 Posts
Some things to keep in mind...
The EU has broken the 1H 4C long every day this week.
Most major pairs vs the JPY that I checked broke long this week (just went through these pretty quickly so I may have missed some)
 
 
  • Post #13,184
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  • Mar 31, 2011 9:28pm Mar 31, 2011 9:28pm
  •  Cristian2011
  • | Joined Mar 2011 | Status: Member | 58 Posts
3T H4...everything looks fine

...but , I got in and got out of this one. Rushed in without looking at LT , i see D1 and W1 resistance around 134.00, also an RN. Any thoughts?

will set an alarm 15 pips in top of that resistance level and get back to it later.

H4 and D1 are oscillating so there is a good chance PA on H4 might had south. As always, everything is possible, just trying to stack the odds in our favor, right?

Attached Image (click to enlarge)
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Size: 23 KB
 
 
  • Post #13,185
  • Quote
  • Mar 31, 2011 10:34pm Mar 31, 2011 10:34pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Chart
Attached Image
 
 
  • Post #13,186
  • Quote
  • Mar 31, 2011 10:36pm Mar 31, 2011 10:36pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Quoting Cristian2011
Disliked
3T H4...everything looks fine

...but , I got in and got out of this one. Rushed in without looking at LT , i see D1 and W1 resistance around 134.00, also an RN. Any thoughts?

will set an alarm 15 pips in top of that resistance level and get back to it later.

H4 and D1 are oscillating so there is a good chance PA on H4 might had south. As always, everything is possible, just trying to stack the odds in our favor, right?

Attachment 672159
Ignored
Also a BO setting up
Attached Image
 
 
  • Post #13,187
  • Quote
  • Mar 31, 2011 10:38pm Mar 31, 2011 10:38pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
I'm in this trade from a 3 Tap H4 set up and trigger
Attached Image
 
 
  • Post #13,188
  • Quote
  • Mar 31, 2011 10:40pm Mar 31, 2011 10:40pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
And also this 3 Tap trade
Attached Image
 
 
  • Post #13,189
  • Quote
  • Mar 31, 2011 10:42pm Mar 31, 2011 10:42pm
  •  Cristian2011
  • | Joined Mar 2011 | Status: Member | 58 Posts
all yen pairs moving again on yen weakness. im long in all as a group

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  • Post #13,190
  • Quote
  • Mar 31, 2011 10:42pm Mar 31, 2011 10:42pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Chart
Attached Image
 
 
  • Post #13,191
  • Quote
  • Mar 31, 2011 10:45pm Mar 31, 2011 10:45pm
  •  Cristian2011
  • | Joined Mar 2011 | Status: Member | 58 Posts
Quoting lawgirl21
Disliked
And also this 3 Tap trade
Ignored
WOW. that's nice. I have to start focusing on 3T a bit more. i missed that entry
 
 
  • Post #13,192
  • Quote
  • Mar 31, 2011 10:54pm Mar 31, 2011 10:54pm
  •  Cristian2011
  • | Joined Mar 2011 | Status: Member | 58 Posts
Quoting lawgirl21
Disliked
I'm in this trade from a 3 Tap H4 set up and trigger
Ignored

in this one too as a 4C h1 BO. no resistance close by , just that round number to get over.
 
 
  • Post #13,193
  • Quote
  • Mar 31, 2011 10:56pm Mar 31, 2011 10:56pm
  •  lawgirl21
  • Joined Dec 2009 | Status: Member | 6,603 Posts
Quoting Cristian2011
Disliked
WOW. that's nice. I have to start focusing on 3T a bit more. i missed that entry
Ignored
There have been so many good BO trades lately, that I have to remind myself to look for 3 Taps too.
 
 
  • Post #13,194
  • Quote
  • Mar 31, 2011 11:20pm Mar 31, 2011 11:20pm
  •  Fitness09
  • | Joined Oct 2010 | Status: Member | 585 Posts
This is going to sound repetitive, but just want to thank LG, Anthar, Scrutch, and everyone else on this thread for being so helpful, and providing excellent information. This was the first thread I found when I decided to trade the Forex, and I have learned a great deal. Thanks to everyone for taking the time to explain things.

I just looked back to see how long I have been following this thread, and my first post was on pg 126. Now we are on page 880. Crazy
 
 
  • Post #13,195
  • Quote
  • Apr 1, 2011 1:15am Apr 1, 2011 1:15am
  •  Cristian2011
  • | Joined Mar 2011 | Status: Member | 58 Posts
closing all my positions manually tonight for 2 reasons:

1. NFP makes me nervous and i'd rather sleep tonight.
2. All Yen pairs are approaching mid term resistance and last years highs

GBPJPY LONG -1 W1 oscillating, pair in area of midterm resistance

USDJPY LONG +11 W1 oscillating, pair approaching sept/oct/2010 highs

CHFJPY LONG -2 W1 cycling up but reaching 2009 levels of R

AUDJPYLONG +14 W1 channeling up but reaching 2010 highs
AUDJPYLONG +14
GBPJPY LONG +12 W1 oscillating , pair in area of midterm resistance

CADJPY LONG +3 W1 choppy, unclear direction,

EURJPY LONG +12 H1,H4,D1 trending up and starting to move W1
in the same direction




The only pair I have confidence in is EURJPY . +180 still open



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Any criticism is welcomed and appreciated
 
 
  • Post #13,196
  • Quote
  • Apr 1, 2011 3:35am Apr 1, 2011 3:35am
  •  msap
  • | Joined Nov 2010 | Status: Member | 20 Posts


Hi Guys,


I vouch the good job your are doing on this thread, finally i find like minded traders with similar styles and it totally rocks..... keep it up and thanx
 
 
  • Post #13,197
  • Quote
  • Apr 1, 2011 3:59am Apr 1, 2011 3:59am
  •  blackqn
  • | Joined Feb 2011 | Status: Member | 236 Posts
Isn't it good idea to add following lins (or contents) to first page?

S/R (LG)
http://www.forexfactory.com/showpost...postcount=4837

Some exit criteria (Anthar)
http://www.forexfactory.com/showpost...ostcount=12886

I think that it could help a lot to people who just found this thread.
Time matters most
 
 
  • Post #13,198
  • Quote
  • Apr 1, 2011 4:26am Apr 1, 2011 4:26am
  •  Mattdede
  • | Joined Mar 2011 | Status: Member | 49 Posts
i also think anthars great explanation on page 855 should also go on the first page...

what do you think LG?

http://www.forexfactory.com/showpost...ostcount=12816
 
 
  • Post #13,199
  • Quote
  • Apr 1, 2011 7:55am Apr 1, 2011 7:55am
  •  Whistlepips
  • | Joined Mar 2011 | Status: I have a member | 674 Posts
Just closed the rest of my nine 3 taps. + 550 pips. Not much progress from last night, but all nine still positive. After a couple of SLīs on the beginning of the week there is + 300 pips profit for this week.
 
 
  • Post #13,200
  • Quote
  • Apr 1, 2011 8:14am Apr 1, 2011 8:14am
  •  jalkok
  • | Joined Feb 2007 | Status: COFFEE please!.!... | 258 Posts
Quoting Whistlepips
Disliked
Just closed the rest of my nine 3 taps. + 550 pips. Not much progress from last night, but all nine still positive. After a couple of SLīs on the beginning of the week there is + 300 pips profit for this week.
Ignored
Good on you whistlepips, very good work!
Keep it going...
There`s no life before COFFEE!
 
 
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