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Nearly Naked (Simple Trades)

  • #3,341
  • Jun 10, 2010 11:08pm Jun 10, 2010 11:08pm
Quoting MarcVUM
My chart shows a high of 1 pip shy. Irregardless, it should fall a bit from here since it hit the bottom of the 200sma on H4. However, the MA's on M15 are starting to point to 3 o'clock.
Ya, the TL, Monthly Piv, and London will determine for me
  • #3,342
  • Jun 10, 2010 11:39pm Jun 10, 2010 11:39pm
Here we go everyone we might have a long on gbp/jpy. Keeping an eye on it, waiting for a breakout.
  • #3,343
  • Jun 10, 2010 11:41pm Jun 10, 2010 11:41pm
i am entering long gbp/jpy at 134.910, looking for at least 30 pips profit.
  • #3,344
  • Jun 10, 2010 11:50pm Jun 10, 2010 11:50pm
Quoting Forextrader4
i am entering long gbp/jpy at 134.910, looking for at least 30 pips profit.
Here's my GJ chart, hope it turns out. I don't trade GJ, so you are probably better at GJ assesment than me
Attached Image (click to enlarge)
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  • #3,345
  • Jun 10, 2010 11:57pm Jun 10, 2010 11:57pm
I'm in the trade now at 134.910. The red line was my signal for entry since i always look for the price to break the previous high "resistance".
Attached Image (click to enlarge)
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  • #3,346
  • Jun 10, 2010 11:59pm Jun 10, 2010 11:59pm
Watch watch AU..it finally broke that 78.6 fib 0.8549-0.8081
  • #3,347
  • Jun 11, 2010 12:03am Jun 11, 2010 12:03am
Stop loss for gbp/jpy will be 134.45. I am also long on usd/cad now since we have a breakout again. stop loss for usd/cad 1.0317. Good luck everyone
  • #3,348
  • Jun 11, 2010 12:07am Jun 11, 2010 12:07am
Quoting aragorn123
Watch watch AU..it finally broke that 78.6 fib 0.8549-0.8081
Yea, the one minute I wasn't watching.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #3,349
  • Jun 11, 2010 12:29am Jun 11, 2010 12:29am
It is so tempting to just place a short with wide stop and go to bed
Attached Image (click to enlarge)
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  • #3,350
  • Jun 11, 2010 12:35am Jun 11, 2010 12:35am
Do u not like sell stops? If u r really sleepy, set up the order and dream of pips.
  • #3,351
  • Jun 11, 2010 12:37am Jun 11, 2010 12:37am
Quoting Saxon
It is so tempting to just place a short with wide stop and go to bed

Why not use OCO_Visual from the website I gave you.
  • #3,352
  • Jun 11, 2010 12:37am Jun 11, 2010 12:37am
Quoting aragorn123
Do u not like sell stops? If u r really sleepy, set up the order and dream of pips.
Not a fan of pending, I like to watch/guage PA at level. Even so right now, so many conflicting opinions, I don't know where it is going to go the next few hours, ugggggg
  • #3,353
  • Jun 11, 2010 12:38am Jun 11, 2010 12:38am
Quoting Peter-FX
Why not use OCO_Visual from the website I gave you.
I actually thought of that , but not tonight, want to see this one through.
  • #3,354
  • Jun 11, 2010 12:48am Jun 11, 2010 12:48am
usd/cad stop loss is hit with a loss of 14 pips. still in gbp/jpy trade.
  • #3,355
  • Jun 11, 2010 1:12am Jun 11, 2010 1:12am
We will have a very nice trade up long on gbp/jpy if we break this hard resistance.
Attached Image (click to enlarge)
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  • #3,356
  • Jun 11, 2010 1:23am Jun 11, 2010 1:23am
Not having fun with PA tonight.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #3,357
  • Jun 11, 2010 1:29am Jun 11, 2010 1:29am
That was possibly just the bottom of the aud retrace at 8427
  • #3,358
  • Jun 11, 2010 1:31am Jun 11, 2010 1:31am
Quoting amyc
That was possibly just the bottom of the aud retrace at 8427
I was hoping for a touch of the Daily PP 8423.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #3,359
  • Jun 11, 2010 1:31am Jun 11, 2010 1:31am
Wow very bad Price action today. Still in the gbp/jpy trade as other trades are developing on other currencies.
  • #3,360
  • Jun 11, 2010 1:34am Jun 11, 2010 1:34am
Quoting MarcVUM
I was hoping for a touch of the Daily PP 8423.
if it can't get above 44 though it will be back into 00 I think.
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