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Nearly Naked (Simple Trades)

  • #6,521
  • Jul 19, 2010 3:34pm Jul 19, 2010 3:34pm
Quoting gotpips92
Anyone have any ideas? I still see a short but don't let me bias you...

The downward sloping red line is the upper end of the tunnel

(disregard horizontal red line)
gotpips92,

Of course i have idea i dont trade AUDJPY chart but this is charts for you >


WE have a good daily Sup points and also Fibs,on AUDJPY i expext Up till about 78-79 that will be first big test for AUD pair .If we broke that level , wont be suprise to see 85.00.This is longer analasy but i hope it will help you...


Charts >
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"Buy on fear, sell on greed !!!
  • #6,522
  • Jul 19, 2010 3:55pm Jul 19, 2010 3:55pm
Nice RR
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Annoying Precision
  • #6,523
  • Jul 19, 2010 4:20pm Jul 19, 2010 4:20pm
Got a PM to post my Piv indicators. The first is just a backtest Daily, Weekly, and Monthly without SR. The second is no test with Daily, Monthly and Weekly with SR
Attached File(s)
File Type: mq4 Tri Pivs.mq4   5 KB | 257 downloads
File Type: mq4 SR WithPivs.mq4   14 KB | 232 downloads
  • #6,524
  • Jul 19, 2010 5:29pm Jul 19, 2010 5:29pm
Well, although the last candle on the Daily TF looks bullish to me the Stochs on the bottom are bearish... plus there is news coming out in 3 hours. I'm going to wait to take a position on this pair (A/U).
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When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,525
  • Jul 19, 2010 6:15pm Jul 19, 2010 6:15pm
I wonder how many people are watching the same thing as me!!
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When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,526
  • Jul 19, 2010 6:34pm Jul 19, 2010 6:34pm
Interesting interaction with 50 MA, 100 MA and Piv
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  • #6,527
  • Jul 19, 2010 6:42pm Jul 19, 2010 6:42pm
My AU, check out Renko
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  • #6,528
  • Jul 19, 2010 6:47pm Jul 19, 2010 6:47pm
Emergency, uggggg.....got to step off the desk for a few hours. Good luck everyone, be back soon......
  • #6,529
  • Jul 19, 2010 7:18pm Jul 19, 2010 7:18pm
hey guys

how are we

anyone watching the gbp/jpy? its coming to a strong level of resistance, would you call this a triple bottom?
  • #6,530
  • Jul 19, 2010 7:42pm Jul 19, 2010 7:42pm
I am long and i have 2 positions we will see ...Good Sup also on daily we have a 1-2 Formation and i expext UP ...My first target is around 0.8850-0.8900







Cheers and trade safe
Attached Image(s) (click to enlarge)
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"Buy on fear, sell on greed !!!
  • #6,531
  • Jul 19, 2010 8:04pm Jul 19, 2010 8:04pm
Quoting nick7r
hey guys

how are we

anyone watching the gbp/jpy? its coming to a strong level of resistance, would you call this a triple bottom?

do you mean support? Yes, though I am long. It has been trading in a very nice range. You could almost apply DuTroit's grid trading to this one...
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  • #6,532
  • Jul 19, 2010 8:13pm Jul 19, 2010 8:13pm
What's the aussie up to? Someone got hold of the meeting minutes a little early?
  • #6,533
  • Jul 19, 2010 8:33pm Jul 19, 2010 8:33pm
I don't usually trade news but that had to be the best pre-announcement fake rush higher that I've ever seen. It was primed to fall after hitting the Weekly PP and having the Stochs at 100% right before the news!
Attached Image (click to enlarge)
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When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,534
  • Jul 19, 2010 9:00pm Jul 19, 2010 9:00pm
Quoting MarcVUM
I don't usually trade news but that had to be the best pre-announcement fake rush higher that I've ever seen. It was primed to fall after hitting the Weekly PP and having the Stochs at 100% right before the news!
Hi Marc,
How are things going. Havent looked at any trades lately, but this was a certain drop. Unfortunately I missed it. Just got back to my hotel, bit of rest before going out for dinner. It looks like the entire world is waiting for the banking stress test results on Friday. There should be quite a bit of volatility from Monday, lets get ready for it....
Find a job that you love and you dont have to work again in your life.
  • #6,535
  • Jul 19, 2010 9:08pm Jul 19, 2010 9:08pm
Quoting tradoholic
Hi Marc,
How are things going. Havent looked at any trades lately, but this was a certain drop. Unfortunately I missed it. Just got back to my hotel, bit of rest before going out for dinner. It looks like the entire world is waiting for the banking stress test results on Friday. There should be quite a bit of volatility from Monday, lets get ready for it....
Hi! I heard on the news today that some German banks aren't doing so well on the stress tests...not a good situation but it seems that the market is shrugging it off. Interesting!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,536
  • Jul 19, 2010 9:14pm Jul 19, 2010 9:14pm
Quoting MarcVUM
Hi! I heard on the news today that some German banks aren't doing so well on the stress tests...not a good situation but it seems that the market is shrugging it off. Interesting!
Yeah I heard that too, but I think its the same old case of buy on rumor and sell on news. If that is the case then out come the bears, only thing for me is that I wont get enough time to trade next week.
Find a job that you love and you dont have to work again in your life.
  • #6,537
  • Jul 19, 2010 9:49pm Jul 19, 2010 9:49pm
Quoting tradoholic
Yeah I heard that too, but I think its the same old case of buy on rumor and sell on news. If that is the case then out come the bears, only thing for me is that I wont get enough time to trade next week.
You're probably right. That would be a typical playbook for the "big boys" taunting us little guys/gals. This is quite an exciting night with A/U. The pips keep falling into my piggy-bank!
http://smileys.smileycentral.com/cat/23/23_29_110.gif
Attached Image
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,538
  • Jul 19, 2010 10:06pm Jul 19, 2010 10:06pm
Quoting MarcVUM
The pips keep falling into my piggy-bank!
http://smileys.smileycentral.com/cat/23/23_29_110.gif

That's funny Marc.... Your like the Walmart of smiley faces... You got em all...
  • #6,539
  • Jul 19, 2010 10:19pm Jul 19, 2010 10:19pm
Quoting Iplus3
That's funny Marc.... Your like the Walmart of smiley faces... You got em all...
http://smileys.smileycentral.com/cat/23/23_30_114.gif
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #6,540
  • Jul 19, 2010 10:20pm Jul 19, 2010 10:20pm
Alright. I'm done for the night. Trade well everyone!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
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