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Nearly Naked (Simple Trades)

  • #7,481
  • Edited 11:44am Aug 11, 2010 11:31am | Edited 11:44am
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Its possible this goes right back to demand - if so, thats a potential of +22,000 pips



4hr and daily supply zone




Red
  • #7,482
  • Aug 11, 2010 12:07pm Aug 11, 2010 12:07pm
bought aud


stop @ 0.89777
  • #7,483
  • Aug 11, 2010 12:11pm Aug 11, 2010 12:11pm
Hey redsword...Any chance you'd stick to the green charts so I don't have to click on every single one to see what you're up to?
  • #7,484
  • Aug 11, 2010 12:13pm Aug 11, 2010 12:13pm
Quoting redsword11
bought aud


stop @ 0.89777
Ya, I see a retrace coming too. Shorts are covered and I've taken a small long position.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #7,485
  • Aug 11, 2010 12:19pm Aug 11, 2010 12:19pm
Quoting Low
Hey redsword...Any chance you'd stick to the green charts so I don't have to click on every single one to see what you're up to?

Those green charts give me a headache - will try



aud on its way .... to my stop
  • #7,486
  • Aug 11, 2010 12:20pm Aug 11, 2010 12:20pm
Page 500!!! Congratulations
A person is only limited by the thoughts he chooses.Þeir fá byr sem bíð
  • #7,487
  • Aug 11, 2010 12:32pm Aug 11, 2010 12:32pm
Quoting s2659
Page 500!!! Congratulations


http://smileys.smileycentral.com/cat/36/36_16_26.gifhttp://smileys.smileycentral.com/cat/13/13_4_6.gif
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #7,488
  • Aug 11, 2010 12:33pm Aug 11, 2010 12:33pm
Quoting redsword11
Attachment


Its possible this goes right back to demand - if so, thats a potential of +22,000 pips



4hr and daily supply zone




Red


Attached Image (click to enlarge)
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possible RS





Red
  • #7,489
  • Aug 11, 2010 12:41pm Aug 11, 2010 12:41pm
PA is approaching the LTL on the daily. Keep an eye out to see if it holds with some good PA.
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  • #7,490
  • Aug 11, 2010 1:01pm Aug 11, 2010 1:01pm
Quoting MarcVUM
Ya, I see a retrace coming too. Shorts are covered and I've taken a small long position.
Long closed @ -3.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #7,491
  • Aug 11, 2010 1:02pm Aug 11, 2010 1:02pm
Quoting MarcVUM
Long closed @ -3.

Marc were you just not feeling that trade?
  • #7,492
  • Aug 11, 2010 1:04pm Aug 11, 2010 1:04pm
Quoting Josh44
PA is approaching the LTL on the daily. Keep an eye out to see if it holds with some good PA.


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  • #7,493
  • Aug 11, 2010 1:06pm Aug 11, 2010 1:06pm
Quoting redsword11
Attachment
Hey but you did put green lines in it...
  • #7,494
  • Aug 11, 2010 1:08pm Aug 11, 2010 1:08pm
Quoting Iplus3
Hey but you did put green lines in it...

yes l did!
  • #7,495
  • Aug 11, 2010 1:18pm Aug 11, 2010 1:18pm
I just remember trying to make my way through the J16 thread and what a pain in the @ss it was to open every single example....so... I use "jing" for screen capture and upload via tinypic.com, so that if someone wants to see that I'm talking about, it's clear.

I also don't scalp/or trade intra-day, so there's no "need" to capture instantly before the trade is over, so to each thier own.

Thanks for the first one though.
  • #7,496
  • Aug 11, 2010 1:20pm Aug 11, 2010 1:20pm
Quoting Low
I just remember trying to make my way through the J16 thread and what a pain in the @ss it was to open every single example....so... I use "jing" for screen capture and upload via tinypic.com, so that if someone wants to see that I'm talking about, it's clear.

I also don't scalp/or trade intra-day, so there's no "need" to capture instantly before the trade is over, so to each thier own.

Thanks for the first one though.

your welcome
  • #7,497
  • Aug 11, 2010 2:18pm Aug 11, 2010 2:18pm
Quoting redsword11
Attachment


possible RS





Red


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  • #7,498
  • Aug 11, 2010 2:44pm Aug 11, 2010 2:44pm
Quoting redsword11
Attachment

Red would you play the break long or short? I know you were suggesting it would go lower but would this work with a break either way?
  • #7,499
  • Aug 11, 2010 2:47pm Aug 11, 2010 2:47pm
Quoting Josh44
Red would you play the break long or short? I know you were suggesting it would go lower but would this work with a break either way?

let it break, let it happen - this pair does turn like others, will see how it goes
  • #7,500
  • Aug 11, 2010 3:42pm Aug 11, 2010 3:42pm
If AU PA continues to go down and if you feel that we are in a more LT uptrend, this is a PA area that I would watch closely. Haven't looked at my Pivs and SR yet so I don't know the barriers yet.
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