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Getting Naked with UncleForex

  • #21
  • Apr 2, 2008 8:17am Apr 2, 2008 8:17am
* Date: 31/3/2008 (HIT Target +300pips)
* EUR/CAD SHORT @ 1.6210
* TP: 1.5910 (minimum target), 1.5610 (max target)
* SL: 16340

Great Trade +300pips profit!


This week has been kind to me. Cheers!
  • #22
  • Apr 2, 2008 8:44am Apr 2, 2008 8:44am
Quoting uncleforex
Hi Guys,

This is basically my journal where I can keep you guys update on my trading ideas, positions and trading results.

Let me start off by posting my results this week. I will try to explain why I took a certain trade but sometimes I'm quite busy to do so. So please check out my journal often.

Cheers!
Are trading using any indicators or as you said getting naked, meaning trading with price action only. I like PA and am still learning, mught learn from you if you have charts to show how you trade.
Sorry i have just read post 18, but it will be nice to show us how you read the market. What you look at, candlesticks, patterns etc
  • #23
  • Apr 6, 2008 1:05pm Apr 6, 2008 1:05pm
Quoting Fxtrader
Are trading using any indicators or as you said getting naked, meaning trading with price action only. I like PA and am still learning, mught learn from you if you have charts to show how you trade.
Sorry i have just read post 18, but it will be nice to show us how you read the market. What you look at, candlesticks, patterns etc
Basically I look for patterns to emerge from the each timeframes and try to enter using the lower timeframes.

I usually take a strong view whether that particular currency will strengthen or weaken during a day / week. Then only I will look for an entry.
  • #24
  • Apr 6, 2008 1:07pm Apr 6, 2008 1:07pm
* Date: 31/3/2008 (Closed @ 1.7065 for +250pips)
* EUR/AUD SHORT @ 1.7315
* TP: 1.7015 (minimum target), 1.6815 (max target)
* SL: 1.7415


* Date: 1/4/2008 (Closed @ 1.0140 for +100pips)
* USD/CAD SHORT @ 1.0240
* TP: 1.0120 (minimum target), 0.9990 (max target)
* SL: 1.350


2 Trades giving a +350pips profit.
Seems like April is a great month for us.
  • #25
  • Last Post: Apr 6, 2008 1:07pm Apr 6, 2008 1:07pm
* Date: 1/4/2008 (HIT Target +230pips)
* EUR/AUD SHORT @ 1.7235
* TP: 1.7005 (minimum target), 1.6805 (max target)
* SL: 1.7385


* Date: 3/4/2008 (Closed 1.5525 for +100pips)
* EUR/USD SHORT @ 1.5625
* TP: 1.5495 (minimum target), 1.5345 (max target)
* SL: 1.5695


* Date: 4/4/2008 (HIT SL -70pips)
* EUR/AUD SHORT @ 1.7110
* TP: 1.6940 (minimum target), 1.6840 (max target)
* SL: 1.7180


3 Trades = 2 Profitable , 1 Lost. Total Returns = +260pips!
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