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Nearly Naked (Simple Trades)

  • #7,521
  • Aug 11, 2010 5:16pm Aug 11, 2010 5:16pm
Quoting MarcVUM
I wasn't poking!

Hey Petar, would you please throw up an a/u chart with some Fibs on it. I'm curious to see where the 50% and 55% retracements are for the last rally.
This is chart also i added Math to see,my TP was on 8/8 P but Soros didit want that
50 % Fibo is on 5/8 P

This is chart >
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"Buy on fear, sell on greed !!!
  • #7,522
  • Aug 11, 2010 5:25pm Aug 11, 2010 5:25pm
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Stacked zones - seen this a few times


Prices turn at first zone - then spikes or whipsaws and takes out stops only then to turn at the level lower





Red
  • #7,523
  • Aug 11, 2010 5:40pm Aug 11, 2010 5:40pm
Quoting redsword11
Attachment



Stacked zones - seen this a few times


Prices turn at first zone - then spikes or whipsaws and takes out stops only then to turn at the level lower





Red
How do I keep from getting whipped in the first zone.. Either wait for the second zone or watch price leave my @ss behind while waiting.. Second option at least I still have my money..

Thanks For your help Mr Red
  • #7,524
  • Aug 11, 2010 5:46pm Aug 11, 2010 5:46pm
Quoting Iplus3
How do I keep from getting whipped in the first zone.. Either wait for the second zone or watch price leave my @ss behind while waiting.. Second option at least I still have my money..


How l am going to play this - buy the at first zone knowing its a trap - l will be placing buy limits at extremes in the lower zone. Some BS news will spike this asshole to lower zone - no doubt - to take out all hopefuls who bought at first zone


If prices turn at lower zone - the first entry will be like an add on to the limits


Market makers l see your play




Red
  • #7,525
  • Aug 11, 2010 5:49pm Aug 11, 2010 5:49pm
and heres another thing - the lowest limit - make it the biggest lot size
  • #7,526
  • Aug 11, 2010 5:58pm Aug 11, 2010 5:58pm
Amy, what is your current read on A/U?
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #7,527
  • Aug 11, 2010 5:59pm Aug 11, 2010 5:59pm
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A fine example of instutions and their BS




Red
  • #7,528
  • Aug 11, 2010 6:21pm Aug 11, 2010 6:21pm
Quoting redsword11
A fine example of instutions and their BS
I hear you on that!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #7,529
  • Aug 11, 2010 6:26pm Aug 11, 2010 6:26pm
My first 200 pip winning trade!!! and it did wonders for my lil mini acct. I was short A/U from 91.5. Im waiting till after the Aud employment news to reenter shorts or go long to retest recent highs. Im a newbie so its slow boogie for now watch and wait..............
"Pippin aint easy"
  • #7,530
  • Aug 11, 2010 6:26pm Aug 11, 2010 6:26pm
Quoting MarcVUM
Amy, what is your current read on A/U?
0.89824 is the mark in the sand for me. If it holds then it could be the point of reload on the short side.

Closed other shorts at 0.89406
  • #7,531
  • Aug 11, 2010 6:38pm Aug 11, 2010 6:38pm
Quoting redsword11
Loony kissed 1.04801


It's in play now, awaiting a short
  • #7,532
  • Aug 11, 2010 6:41pm Aug 11, 2010 6:41pm
Quoting redsword11
It's in play now, awaiting a short

Attached Image




unless l pass out first
  • #7,533
  • Aug 11, 2010 6:48pm Aug 11, 2010 6:48pm
l want to make enough money in these markets NOT to trade
  • #7,534
  • Aug 11, 2010 6:53pm Aug 11, 2010 6:53pm
Quoting redsword11
Attachment


sold



Red


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Does anyone even know what pair this is?
  • #7,535
  • Aug 11, 2010 6:59pm Aug 11, 2010 6:59pm
actually - that was rude - l don't really care what it is either - but it has a defined supply and a defined demand


the trend is not my friend - my friend is 2 defined levels ........... and a bottle of rum
  • #7,536
  • Aug 11, 2010 7:06pm Aug 11, 2010 7:06pm
Or Cognac !
"Pippin aint easy"
  • #7,537
  • Aug 11, 2010 7:07pm Aug 11, 2010 7:07pm
have you noticed this - you have a really crazy spike - then when prices return to the same area it turns into a cluster of prices - do you know what that means in terms of order flow?
  • #7,538
  • Aug 11, 2010 7:08pm Aug 11, 2010 7:08pm
Quoting Buitragojl
Or Cognac !

no - rum ( DARK IF POSSIBLE )
  • #7,539
  • Aug 11, 2010 7:14pm Aug 11, 2010 7:14pm
gotta loony
  • #7,540
  • Aug 11, 2010 7:18pm Aug 11, 2010 7:18pm
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maybe it just me drunk .............. its a short man/woman
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