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Nearly Naked (Simple Trades)

  • #8,281
  • Aug 27, 2010 8:47am Aug 27, 2010 8:47am
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awaiting entry south
  • #8,282
  • Aug 27, 2010 9:15am Aug 27, 2010 9:15am
Quoting Petar_Serbia
AS i said after we broke trendline on 5 min Spike up and good pips
Huh 200 pips from my entry level :O :O


Amazing ride ... !!!
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"Buy on fear, sell on greed !!!
  • #8,283
  • Aug 27, 2010 9:29am Aug 27, 2010 9:29am
Quoting Petar_Serbia
Huh 200 pips from my entry level :O :O


Amazing ride ... !!!


trader
  • #8,284
  • Aug 27, 2010 10:01am Aug 27, 2010 10:01am
Quoting redsword11
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  • #8,285
  • Aug 27, 2010 11:10am Aug 27, 2010 11:10am
Quoting redsword11
Attachment


awaiting entry south

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will catch this next week if dtl is respected



Red
  • #8,286
  • Aug 27, 2010 3:10pm Aug 27, 2010 3:10pm
A/U

This is how I see things...plus a little H&S on S&P 500
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When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #8,287
  • Aug 27, 2010 3:51pm Aug 27, 2010 3:51pm
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agreed, looks like head and shoulders to me too




Red
  • #8,288
  • Aug 27, 2010 4:43pm Aug 27, 2010 4:43pm
Quoting redsword11
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agreed, looks like head and shoulders to me too




Red
Greece has a law whereby people over 150kg are not allowed to have a driving license. Now I know why.
  • #8,289
  • Aug 28, 2010 1:42pm Aug 28, 2010 1:42pm

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  • #8,290
  • Aug 28, 2010 1:45pm Aug 28, 2010 1:45pm

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  • #8,291
  • Aug 28, 2010 2:55pm Aug 28, 2010 2:55pm
AU @ DR3, FE, and Significant Fib
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  • #8,292
  • Aug 29, 2010 8:08am Aug 29, 2010 8:08am
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awaitng entry north




Red
  • #8,293
  • Aug 29, 2010 12:08pm Aug 29, 2010 12:08pm

Here is my UCAD Pre-Piv Reset

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  • #8,294
  • Aug 29, 2010 12:13pm Aug 29, 2010 12:13pm
EU Flag or Retest of old LTL. Different scenarios
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  • #8,295
  • Aug 29, 2010 12:17pm Aug 29, 2010 12:17pm
Still same view on UCHF and am targeting only the LTL, UTL and PPZ for potential setups. Only LT for UCHF for me.
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  • #8,296
  • Aug 29, 2010 12:23pm Aug 29, 2010 12:23pm
Catch you guys in a bit, out for some food
  • #8,297
  • Aug 29, 2010 1:14pm Aug 29, 2010 1:14pm
Hello Saxson, redsword11, Marc, Petar and all the other respected traders . This is my first post on this thread and wanted to introduce myself as I look forward to contribute here more often.

My trading and analysis approach is quite similar to what is being followed here i.e. strong levels of S/R/PPZ (also includes Sam Sieden supply demand zones) , TLs, Fibs, RNs, Price Action... I used limit orders mostly (also known as touch trades as promoted by BRV thread) but at time may go with stop orders depending how the setup has been unfolding and if and when i am able to get into the trade.

I still have a lot of distance to cover before becoming a full time professional trader and quit my day job ....which is quite a nuisance in itself and full of 24/7 pressure which keeps throwing me off the track in terms of time delays and availability.

The progress I have made so far gives me the tenacity to persevere and eventually reach my goals. There are some kind individuals on this forum who have helped along the way ....

I look forward to having a positive and conducive interaction here and would appreciate thoughtful discussions on trading aspects including setups.

Thanks
  • #8,298
  • Aug 29, 2010 1:46pm Aug 29, 2010 1:46pm
Quoting MktScape
Hello Saxson, redsword11, Marc, Petar and all the other respected traders . This is my first post on this thread and wanted to introduce myself as I look forward to contribute here more often.

My trading and analysis approach is quite similar to what is being followed here i.e. strong levels of S/R/PPZ (also includes Sam Sieden supply demand zones) , TLs, Fibs, RNs, Price Action... I used limit orders mostly (also known as touch trades as promoted by BRV thread) but at time may go with stop orders depending how the setup has been unfolding and...
Hello guys,

Hello MKT Scape and welcome to the thread

Just one my advice for you for this your sentence I still have a lot of distance to cover before becoming a full time professional trader and quit my day job ....

My advice >

Never quit your job...Forex is risky buiesnese and in this buisnese you dont have any guaranty for future.For exmaple you can work good 4 months trading and earn good money but that dont mean you will earn in next 4 months becouse this is Forex.
You can do Forex like day job just if you work for broker like a trader what i wish you and wish to everyone


Petar
"Buy on fear, sell on greed !!!
  • #8,299
  • Aug 29, 2010 1:55pm Aug 29, 2010 1:55pm
Quoting Saxon
Catch you guys in a bit, out for some food
Hey Saxi,we waiting TEA setup for this week
"Buy on fear, sell on greed !!!
  • #8,300
  • Aug 29, 2010 2:00pm Aug 29, 2010 2:00pm
Quoting Petar_Serbia
Hello guys,

Hello MKT Scape and welcome to the thread

Just one my advice for you for this your sentence I still have a lot of distance to cover before becoming a full time professional trader and quit my day job ....

My advice >

Never quit your job...Forex is risky buiesnese and in this buisnese you dont have any guaranty for future.For exmaple you can work good 4 months trading and earn good money but that dont mean you will earn in next 4 months becouse this is Forex.
You can do Forex like day job just if you work for broker...
Hi Petar,

Thanks for responding and the caveat on going full time trader .... i am in no rush to go full time until i achieve the desired level or competency (may be a couple of years from now) and account balance which can keep one afloat during dry periods.

Since most of you guys are FTT therefore I was wondering as to how you (and other full time traders here) are managing being working as a full time traders and how long on average it took to reach there ..... did you guys switch to trading from your day jobs ?

I am hoping that there wouldn't be any regrets in having own Fx business .... other input would be appreciated as well.
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