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Nearly Naked (Simple Trades)

  • #2,981
  • Jun 8, 2010 6:05pm Jun 8, 2010 6:05pm
Ok Saxon and Calderone, you got your wish!
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When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #2,982
  • Jun 8, 2010 6:06pm Jun 8, 2010 6:06pm
Quoting MarcVUM
Ok Saxon and Calderone, you got your wish!
Haha, NICE!!!!
  • #2,983
  • Jun 8, 2010 6:24pm Jun 8, 2010 6:24pm
Quoting Saxon
Hey Epeks,

When it comes to watching PA, it really boils down to experience/screen-time. There are some amazing books out there, but while you are reading them, have your account open and watch what PA is doing.

When it comes to what PA is actually doing, here is what I am talking about:

Candle Formation (Body Size, Wicks, etc...) So the physical attributes.
Speed of PA. So how fast it is moving across your screen
[color=#211600]Angle...
Thanks, Saxon. I'll be following your charts, more pips to you!
  • #2,984
  • Jun 8, 2010 6:33pm Jun 8, 2010 6:33pm
Quoting Saxon
Here is a non-comprehensive guide if you are just going to do FX. Also there are some steps, I suggest following. Depending on your state and formation, it might be different for you.

Make sure there are no restrictions in your state for your fund
Pick a name
Diversify with partners
Know what you are getting yourself into. Trading other people's money is WAY different then your own. There is a whole different risk profile.
[color=#211600]Know...
Thanks a lot for the detailed info ..really appreciate it.
  • #2,985
  • Jun 8, 2010 6:40pm Jun 8, 2010 6:40pm
Quoting MarcVUM
I understand. However, Saxon is one of the best guys I've met! I don't think he minds you sharing your views here. Although he is probably getting annoyed with my posts at this point.

Ok. I will post here too, if you guys dont mind.

GBPJPY long entry yielded 140 pips on first lot and second is +135 in profit. I am trailing my stop by 70 pips to lock in another +65 pips.

Total so far 205 (locked in).

Cheers
  • #2,986
  • Jun 8, 2010 6:48pm Jun 8, 2010 6:48pm
Quoting puks
Ok. I will post here too, if you guys dont mind.

GBPJPY long entry yielded 140 pips on first lot and second is +135 in profit. I am trailing my stop by 70 pips to lock in another +65 pips.

Total so far 205 (locked in).

Cheers
Oh Nice Trade!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #2,987
  • Jun 8, 2010 6:50pm Jun 8, 2010 6:50pm
Quoting MarcVUM
Ok Saxon and Calderone, you got your wish!
  • #2,988
  • Jun 8, 2010 6:50pm Jun 8, 2010 6:50pm
Quoting puks
Ok. I will post here too, if you guys dont mind.

GBPJPY long entry yielded 140 pips on first lot and second is +135 in profit. I am trailing my stop by 70 pips to lock in another +65 pips.

Total so far 205 (locked in).

Cheers
  • #2,989
  • Jun 8, 2010 6:53pm Jun 8, 2010 6:53pm
Quoting calderone
All of our trade have to be green now since we have three of the biggest Bad As*es as our Avatrs, hahahah
  • #2,990
  • Jun 8, 2010 6:54pm Jun 8, 2010 6:54pm
Quoting Saxon
All of our trade have to be green now since we have three of the biggest Bad As*es as our Avatrs, hahahah
We can just intimidate the market in our direction.
  • #2,991
  • Jun 8, 2010 6:55pm Jun 8, 2010 6:55pm
Quoting calderone
We can just intimidate the market in our direction.
I think we need Chuck Norris for that Think Shahab will switch to Chuck Norris, haha
  • #2,992
  • Jun 8, 2010 6:58pm Jun 8, 2010 6:58pm
Quoting Saxon
I think we need Chuck Norris for that Think Shahab will switch to Chuck Norris, haha
Good Luck trying to convince him!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #2,993
  • Jun 8, 2010 6:59pm Jun 8, 2010 6:59pm
Quoting Saxon
I think we need Chuck Norris for that Think Shahab will switch to Chuck Norris, haha
He should! He trades like Chuck Norris!
  • #2,994
  • Jun 8, 2010 7:05pm Jun 8, 2010 7:05pm
My PA targets are a ways off and I probably wont get hit till London..... I really wanted to see that AU target. Old S/R stopped that though.
  • #2,995
  • Jun 8, 2010 7:06pm Jun 8, 2010 7:06pm
Just something I am watching with EU in this boring PA
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  • #2,996
  • Jun 8, 2010 7:08pm Jun 8, 2010 7:08pm
Keep this in mind, we could break long and fall back as a pin creating a hikkake pattern.

edit: or we could fall away.......
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  • #2,997
  • Jun 8, 2010 7:09pm Jun 8, 2010 7:09pm
UJ seems to have established a M15 UTL
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  • #2,998
  • Jun 8, 2010 7:10pm Jun 8, 2010 7:10pm
Quoting Saxon
UJ seems to have established a M15 UTL
The 4hr is nasty looking.
  • #2,999
  • Jun 8, 2010 7:21pm Jun 8, 2010 7:21pm
Messy, but what I am seeing, MACD as well
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  • #3,000
  • Jun 8, 2010 7:29pm Jun 8, 2010 7:29pm
Check out this perfect Div setup. Always on the lookout for these. i don't think it could have gone any better than that. They should put that in a textbook
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