Nearly Naked (Simple Trades)

I'm back to my sell order at 9350! Geez what a morning!

Hi 45Fxguy

here is the template. I named it the same as the thread where I got the idea from.

happy pipping

Ian

" Sounds like you are putting together plans which is fantastic! One thing I am always careful about is the H1. For some reason I don't follow candlestick formations and the Stochs too much on this TF... a lot of false moves in the past have made me weary."

Thanks for the warning about H1 timeframe. I will try to be extra careful to check the H4, daily & other timeframes before entering any positions.

I think the weekly ATR lines are providing excellent areas of confluence along with the weekly/monthly pivots.

I attached the EA that draws the weekly ATR lines.
it has a small bug in the code and a fresh template must be loaded every 30 mins on the 30 min chart & every hour on the H1 chart ,etc.

If you end up trying it on MT4 then the thread is only 12 pages long.
"Monster Muncher Manual Trading Discussion: Compliments SH"
Stevefx the thread creator stopped trading on Wednesday last week after his account gained 7%.
. He usually risks around 1% per trade.

RSI overbought & below the red line would be at 93.21 on my 30 min chart on my MT4. now price is at 93.32.

Decided to close the PO and I bought into this bologna. Was able to grab enough to put an end to this day! Good Luck everyone!

Oh I had to come back to post this chart... Look at what A/U just did against the channel UTL.

Hi MarcVUM

This chart is in a class of its own. excellent. PA has not gone higher than 93.61.

I also found the 6 charts you posted on page 574 post 8607 very helpful. I got the prospective that AUDUSD was going up more.


Now 1 hr & 44 mins till USD Federal budget balance news.

It's been getting quiet in this thread again. If you have a trade setup in any pair please share!

A/U. The 150ema and 200sma on the M15 are getting close to one another yet again. A break of short-term support at 9317 and a crossover of the two MA's could allow A/U to fall nicely. I really didn't get the nice candle I was looking for on the H4 to short this pair at 9361 but with so much resistance between current price and 9380 it just seems ripe! News out of EUR this morning helped push the pair down as well around 5:00am est.

Good Luck everyone!

2h looks like its gonna bounce

How about buying at this pull back / retest?

Looks like this pull back is going to hold at the support level ...looks good for a long .....anyone else waiting for the same?

Hi Marc

Yes i've been following this and was also waiting for the same results. Also waiting to to break to LTL which lines up with few fib level.. wait and see

Hi Nick. Post some charts if you have them. I'd be happy to see someone's charts besides my own!

Hey Marc, sorry. My plane just landed and am getting to my apartment. Will get my charts up tomorrow and start the posting again

You are living the life of an Executive! It's time to make your fortune in FX and retire!

.935 area hs been strong resistance in the past, and mow it maybe becomming support!!! <Reason to long. We are at the top of a smaller TL possible break of horizontal S/R but also can be a weekly fakey.< Reason to short. Im staying out of this pair for the time being. maybe the News tonight will help decide Good luck to you guys.

But i think it will get the point im tryin to make GL Everyone

I haven't decided what I'm doing with A/U longer-term. This week will probably just consolidate up here and next week it will go down. I think Amy sees something similar.

I must retire for the evening so that I can be up in 6 and 1/2 hours. I've been in this 4:30am to 8:30am est trading zone for the past few weeks and it's been working out quite well for me. I really don't take any trades outside of that window. This way I can concentrate on "other" aspects of my life! Good night all!

not got much going on here Marc.

few retests of the 50% level just above the S/R @ 9380

hey marc..... here's a couple for ya..... eur/aud/nzd......

rode'em all the way down only to be faced the inevitable question...... what do ya do now.....

do we settle up or give'em some rope and let'em run further......

//-----

kinda risky given'em too much rope, market has been known to tie a hangmans knot.....h