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Nearly Naked (Simple Trades)

  • #6,121
  • Jul 13, 2010 5:12pm Jul 13, 2010 5:12pm
E/U. I bet a lot of people are upset about the move upward that started at London open this morning. I saw a lot of guys/gals that took shorts at the dashed UTL.

Here's my perspective on E/U going forward now that the "oldest" UTL has been broken.
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When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,122
  • Jul 13, 2010 5:16pm Jul 13, 2010 5:16pm
Maybe
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Annoying Precision
  • #6,123
  • Jul 13, 2010 5:20pm Jul 13, 2010 5:20pm
Almost bashing time
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Annoying Precision
  • #6,124
  • Jul 13, 2010 5:23pm Jul 13, 2010 5:23pm
Quoting erikte279
Almost bashing time
Exactly.

A/U... Very important to note that the 61.8% Fib lines up almost exactly with the D R1 today at 8882 - 8887.
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When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,125
  • Jul 13, 2010 5:42pm Jul 13, 2010 5:42pm
Quoting MarcVUM
Exactly.

A/U... Very important to note that the 61.8% Fib lines up almost exactly with the D R1 today at 8882 - 8887.
Checkout the candle forming on the A/U H4 with 17 minutes remaining...
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,126
  • Jul 13, 2010 5:52pm Jul 13, 2010 5:52pm
Nice

Quoting MarcVUM
Exactly.

A/U... Very important to note that the 61.8% Fib lines up almost exactly with the D R1 today at 8882 - 8887.
Annoying Precision
  • #6,127
  • Jul 13, 2010 6:06pm Jul 13, 2010 6:06pm
Quoting MarcVUM
Checkout the candle forming on the A/U H4 with 17 minutes remaining...
I took a short based on that candle at 8834 with a stop at 8851. TP is 8787
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,128
  • Jul 13, 2010 6:21pm Jul 13, 2010 6:21pm
Quoting MarcVUM
I took a short based on that candle at 8834 with a stop at 8851. TP is 8787
Moving S/L to B/E.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,129
  • Jul 13, 2010 6:29pm Jul 13, 2010 6:29pm
smart move, appears to be some contention to test the high or retrace

Quoting MarcVUM
Moving S/L to B/E.
Annoying Precision
  • #6,130
  • Jul 13, 2010 6:31pm Jul 13, 2010 6:31pm
should be good for some pips. as saxon stated though real moves rarely happen during asia, I'm sidelined for now
Annoying Precision
  • #6,131
  • Jul 13, 2010 6:31pm Jul 13, 2010 6:31pm
Quoting erikte279
smart move, appears to be some contention to test the high or retrace
Oh yea. If the H4 candle would have closed at 8832 which would have caused a beautiful doji on my chart I wouldn't be concerned but I've been on the wrong side of candles just like this before so experience is kicking in!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,132
  • Jul 13, 2010 6:33pm Jul 13, 2010 6:33pm
Quoting erikte279
should be good for some pips. as saxon stated though real moves rarely happen during asia, I'm sidelined for now
I am sitting back waiting for my Longer-term targets on all pairs. Might not get them for a while though, but oh well.
  • #6,133
  • Jul 13, 2010 6:34pm Jul 13, 2010 6:34pm
Quoting MarcVUM
Oh yea. If the H4 candle would have closed at 8832 which would have caused a beautiful doji on my chart I wouldn't be concerned but I've been on the wrong side of candles just like this before so experience is kicking in!
My H1 AU
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  • #6,134
  • Jul 13, 2010 7:03pm Jul 13, 2010 7:03pm
?
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  • #6,135
  • Jul 13, 2010 8:05pm Jul 13, 2010 8:05pm
Quoting Saxon
?
Any thoughts on W R1 up here at 1.2747?
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,136
  • Jul 13, 2010 8:15pm Jul 13, 2010 8:15pm
Tried a small short on GU at "00" and got stopped. GRRRRRRR
  • #6,137
  • Edited 8:38pm Jul 13, 2010 8:24pm | Edited 8:38pm
A/U..I've got a buy order set at DP and 150ema.
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When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,138
  • Jul 13, 2010 10:26pm Jul 13, 2010 10:26pm
It's quiet in here tonight! Where is everyone??

Here's a Gbp/Aud potential trade. At the LTL or when the yellow and black MA's cross.
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When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,139
  • Jul 13, 2010 10:33pm Jul 13, 2010 10:33pm
Quoting MarcVUM
It's quiet in here tonight! Where is everyone??

Here's a Gbp/Aud potential trade. At the LTL or when the yellow and black MA's cross.
Im here, just have a sour taste in my mouth from GU
  • #6,140
  • Jul 13, 2010 10:38pm Jul 13, 2010 10:38pm
Quoting Saxon
Im here, just have a sour taste in my mouth from GU
http://smileys.smileycentral.com/cat/4/4_13_13.gif I hear you... it's a not so good week for me. Can we start it over again?!!

You'll make those pips back in no time... don't worry about it. Trading is only THE ultimate head game.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
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