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Nearly Naked (Simple Trades)

  • #4,581
  • Jun 24, 2010 4:14pm Jun 24, 2010 4:14pm
Quoting Saxon
Just trade a few 20-50 pip counter trades with me and you will be set.

deal!
  • #4,582
  • Jun 24, 2010 6:53pm Jun 24, 2010 6:53pm
My current A/U pending order targets.
Attached Image (click to enlarge)
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When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #4,583
  • Jun 24, 2010 6:57pm Jun 24, 2010 6:57pm
Quoting calderone
You have almost as many rules as me!!!! haha!!

1. if you miss the first 15 pips of a trade-don't chase it
2. don't trade on friday or some mondays
3. don't trade on wednesday
4. don't take a trade prior to a news release
5. don't trade until 30m after the news
6. don't do a market order on a 6 inch candle while it is forming, it will reverse and kill you
7. don't trade with the crowd, be contrarian
8. if you oversleep-don't trade
9. if you are not well-don't trade
10. don't trade tired
11. don't hedge-stop and reverse
12. don't trade on an empty...

Nice! Smart traders have a written Plan, Method/Strategy, Journal & Rules! The biggest problem is sticking to them. I guess if you lose enough money in the market you either never return or you get smart and start treating it like a business.

I like your rules.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #4,584
  • Jun 24, 2010 7:20pm Jun 24, 2010 7:20pm
Quoting calderone
You have almost as many rules as me!!!! haha!!

3. don't trade on wednesday
lol
why not wednesdays calderone?
  • #4,585
  • Jun 24, 2010 7:24pm Jun 24, 2010 7:24pm
Quoting IdentifyTren
why not wednesdays calderone?
Because MarcVUM doesn't like wednesdays and he's my hero.
  • #4,586
  • Jun 24, 2010 7:25pm Jun 24, 2010 7:25pm
Quoting IdentifyTren
why not wednesdays calderone?
Glad to see you in the thread, feel free to post any charts you want.
  • #4,587
  • Jun 24, 2010 7:26pm Jun 24, 2010 7:26pm
Quoting calderone
Because MarcVUM doesn't like wednesdays and he's my hero.
Oh boy! Thanks Mike.

Wacky Wednesday!!! Look at a M15 chart and admire the long wicks on the candles... I'd rather gamble in Vegas than place a heavy trade!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #4,588
  • Jun 24, 2010 7:32pm Jun 24, 2010 7:32pm
Quoting MarcVUM
Oh boy! Thanks Mike.

Wacky Wednesday!!! Look at a M15 chart and admire the long wicks on the candles... I'd rather gamble in Vegas than place a heavy trade!
No doubt! Wish I was going to Vegas with Saxon.

Maybe we should all meet up one day. Make a weekend out of it.....


Sounds dangerous.
  • #4,589
  • Jun 24, 2010 7:32pm Jun 24, 2010 7:32pm
I have been scalping this baby from 1.482 ( yesterday), but am planning to take a big long term short ( sacrificing my profits from yesterday)

Aiming 1.38 in 38 days.... anyone with me on this?
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Find a job that you love and you dont have to work again in your life.
  • #4,590
  • Jun 24, 2010 7:37pm Jun 24, 2010 7:37pm
Quoting tradoholic
I have been scalping this baby from 1.482 ( yesterday), but am planning to take a big long term short ( sacrificing my profits from yesterday)

Aiming 1.38 in 38 days.... anyone with me on this?


  • #4,591
  • Jun 24, 2010 7:40pm Jun 24, 2010 7:40pm
Quoting calderone
No doubt! Wish I was going to Vegas with Saxon.

Maybe we should all meet up one day. Make a weekend out of it.....

Sounds dangerous.
That does sound dangerous... my wife would be suspicious and call my cell every 5 minutes!!

Where are you at in the U.S.?
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #4,592
  • Jun 24, 2010 7:40pm Jun 24, 2010 7:40pm
Quoting calderone
lol, loved that reply
Find a job that you love and you dont have to work again in your life.
  • #4,593
  • Jun 24, 2010 7:44pm Jun 24, 2010 7:44pm
Fifteen more minutes and we get to see if the LTL holding A/U gets broken on the H4.
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When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #4,594
  • Jun 24, 2010 7:46pm Jun 24, 2010 7:46pm
I cancelled my pending order on my EU shorting. the second 1H pb which had some good fibs, I cancelled it due to the second bar after that, the bullish pb.

I'll be moving my SL on my other trade to B/E soon, if price sustains a break under the 150 MA.
A person is only limited by the thoughts he chooses.Þeir fá byr sem bíð
  • #4,595
  • Jun 24, 2010 7:48pm Jun 24, 2010 7:48pm
Quoting s2659
I cancelled my pending order on my EU shorting. the second 1H pb which had some good fibs, I cancelled it due to the second bar after that, the bullish pb.

I'll be moving my SL on my other trade to B/E soon, if price sustains a break under the 150 MA.
Sweet! Sounds like you've been playing the game for a while! How many years do you have under your belt?
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #4,596
  • Jun 24, 2010 7:50pm Jun 24, 2010 7:50pm
Quoting MarcVUM
That does sound dangerous... my wife would be suspicious and call my cell every 5 minutes!!

Where are you at in the U.S.?
Kentucky.
  • #4,597
  • Jun 24, 2010 7:51pm Jun 24, 2010 7:51pm
Quoting MarcVUM
Sweet! Sounds like you've been playing the game for a while! How many years do you have under your belt?
I started near the end of february reading everything I could about TA, and after a month deciding PA was something I was going to look better at. Joined the J16group the 7th of april, and been rapidly improving myself since then =)


edit: I refrained from trading until I joined the J16group, so I wouldnt develope bad habits. And I've been working hard on building a concrete foundation.
A person is only limited by the thoughts he chooses.Þeir fá byr sem bíð
  • #4,598
  • Jun 24, 2010 7:51pm Jun 24, 2010 7:51pm
Quoting tradoholic
lol, loved that reply
Well, if anyone can do it-you can. You've taken some good trades I've noticed.
  • #4,599
  • Jun 24, 2010 7:53pm Jun 24, 2010 7:53pm
Quoting s2659
I started near the end of february reading everything I could about TA, and after a month deciding PA was something I was going to look better at. Joined the J16group the 7th of april, and been rapidly improving myself since then =)
You have done the right thing with the right people. I went to the special school on the short bus of price action so maybe I can learn a few things from you.
  • #4,600
  • Jun 24, 2010 7:53pm Jun 24, 2010 7:53pm
Quoting calderone
Kentucky.
I am planning a road trip from FL to Montana and my route takes me through the SW section of KY... Once I'm in Montana we are going to head down into Yellowstone and with any luck I'd be able to stop off in Salt Lake City to see Saxon (if he's up for it) I have a relative that lives there as well that I haven't seen in many years.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
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