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Nearly Naked (Simple Trades)

  • #8,641
  • Sep 14, 2010 8:54pm Sep 14, 2010 8:54pm
Im getting a bad feeling im leavin my computer till somethin clears a lil. This BOJ intervention stuff is crap. BOJ- Blow On Jock!
"Pippin aint easy"
  • #8,642
  • Sep 14, 2010 9:28pm Sep 14, 2010 9:28pm
short on

aU & A/j
  • #8,643
  • Sep 14, 2010 10:55pm Sep 14, 2010 10:55pm
+20 pips on a/u, TL is holding. waiting for break
Attached Image (click to enlarge)
Click to Enlarge Name: AU_15092010.jpg Size: 139 KB
  • #8,644
  • Sep 15, 2010 12:10am Sep 15, 2010 12:10am
Quoting nick7r
+20 pips on a/u, TL is holding. waiting for break
Food for thoughts:

Speculation going around abt QE by the fed. FOMC round the corner.
May the pip flow with you
  • #8,645
  • Sep 15, 2010 2:32am Sep 15, 2010 2:32am
Quoting hayseed
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
Hello hayseed, I have always been reading and now starting to participate, where can I get a indicator like yours, the "stripped and Rewritten Palla" at the bottom, that can surely help.
  • #8,646
  • Sep 15, 2010 5:08am Sep 15, 2010 5:08am
Good Morning.

Thanks guys for throwing your charts up onto the thread! It was getting so quiet in here that I was starting to think that I smelled or something.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #8,647
  • Sep 15, 2010 5:19am Sep 15, 2010 5:19am
Quoting MarcVUM
Good Morning.

Thanks guys for throwing your charts up onto the thread! It was getting so quiet in here that I was starting to think that I smelled or something.
Hi MarcVUM (Clint Eastwood), do you know where I can get an indicator like the one "hayseed" is using on bottom of his chart?
  • #8,648
  • Sep 15, 2010 6:18am Sep 15, 2010 6:18am
Quoting TriMagic
Hi MarcVUM (Clint Eastwood), do you know where I can get an indicator like the one "hayseed" is using on bottom of his chart?
Oh boy, I don't know. I've never seen that indi used before. Sorry.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #8,649
  • Sep 15, 2010 6:41am Sep 15, 2010 6:41am
That's it. Quota met for the day. I'm stepping away from my desk but I will be checking my H4 charts and this thread throughout the day to find a good setup. Happy Trading!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #8,650
  • Sep 15, 2010 8:07am Sep 15, 2010 8:07am
A/U. Just came back for the H4 candle close. Nothing special just yet...just more consolidating.

Here's a fresh perspective on this pair.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: au.jpg Size: 101 KB
Click to Enlarge Name: au2.jpg Size: 94 KB
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #8,651
  • Sep 15, 2010 8:44am Sep 15, 2010 8:44am
Quoting MarcVUM
A/U. Just came back for the H4 candle close. Nothing special just yet...just more consolidating.

Here's a fresh perspective on this pair.
Hey Marc,
AUDUSD is testing a weekly TL ...so far looks like it can break both ways ...but its a wait and see now.
  • #8,652
  • Sep 15, 2010 9:08am Sep 15, 2010 9:08am
Quoting MktScape
Hey Marc,
AUDUSD is testing a weekly TL ...so far looks like it can break both ways ...but its a wait and see now.
I know. Thanks for looking out. I just didn't want to post the H4 chart I trade off of...some people might get scared and then yell at me for posting it on a Nearly Naked thread!! Here it is:
Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 200 KB
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #8,653
  • Sep 15, 2010 11:01am Sep 15, 2010 11:01am
AU STILL HAVE MORE PIP TO GO MORE NORTH we have ab=cd and point c had retraced from 50 % from ab that mean D will reach 200 febo from bc


http://fx-arabia.com/vb/uploaded/964_11284548318.png
GREENIUS
  • #8,654
  • Edited 2:42pm Sep 15, 2010 1:30pm | Edited 2:42pm
Quoting MktScape
Looks like this pull back is going to hold at the support level ...looks good for a long .....anyone else waiting for the same?
As per my earlier post ...price bounced off the support level. This i'll be long ....

Anyone else on board for a long ? ....Marc, Saxon, Custos.
  • #8,655
  • Sep 15, 2010 2:12pm Sep 15, 2010 2:12pm
Quoting MktScape
As per my earlier post ...price bounced off the support level. This i'll be long ....

Anyone else on board for a long ? ....Marc, Saxon,
I'm going to let the current H4 candle close in just under 2hrs...plus one of my rules is not to trade between 4 and 5pm est. I'll hold off and see where we are at then. Hopefully, I will not have missed out on a move.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #8,656
  • Sep 15, 2010 2:22pm Sep 15, 2010 2:22pm
Quoting MarcVUM
I'm going to let the current H4 candle close in just under 2hrs...plus one of my rules is not to trade between 4 and 5pm est. I'll hold off and see where we are at then. Hopefully, I will not have missed out on a move.
Any reason for not trading between that hour? maybe something I can learn Marc
  • #8,657
  • Sep 15, 2010 3:24pm Sep 15, 2010 3:24pm
Quoting TriMagic
Any reason for not trading between that hour? maybe something I can learn Marc
Well, I don't like that hour or 9am to 10am est due to NY open. Saxon taught me not to trade between 2am and 4am est which is around London open. The session open times are very volatile and the 4pm to 5pm est time is usually so slow but really I have found that my strategies of using the pivot points is flawed during this hour because they reset at 5pm est. Once a fresh set of pivots comes along at 5pm and a new daily candle is formed you can go right back to trading!

I hope this makes sense.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #8,658
  • Sep 15, 2010 3:56pm Sep 15, 2010 3:56pm
Quoting MarcVUM
Well, I don't like that hour or 9am to 10am est due to NY open. Saxon taught me not to trade between 2am and 4am est which is around London open. The session open times are very volatile and the 4pm to 5pm est time is usually so slow but really I have found that my strategies of using the pivot points is flawed during this hour because they reset at 5pm est. Once a fresh set of pivots comes along at 5pm and a new daily candle is formed you can go right back to trading!

I hope this makes sense.
Yes it does, super
  • #8,659
  • Sep 15, 2010 4:51pm Sep 15, 2010 4:51pm
Quoting TriMagic
the "stripped and Rewritten Palla" at the bottom, that can surely help.
hey trimagic..... i believe saxon had requested no indicators be posted to keep the threads theme intact....

//---
sometimes indicators can help tremendously and other times the same indicator will just add to the confusion...... that particular one is somewhat private for a couple reasons but i assure you it looks better than it actually is.....

i will never use it without running a maxpips trailing ea in the background..... when many orders are on the line per pair, such as the usdjpy below, if the market turns viciously fast against you, all can be lost in minutes....... long before the indicator crys get out......

which is one of the weak links in indicators and ta in general......h
Attached Image(s) (click to enlarge)
Click to Enlarge Name: marc usdjpy trail.gif Size: 54 KB
Click to Enlarge Name: marc euraud trail.gif Size: 48 KB
to trade and code, keep both simple... no call to impress....h
  • #8,660
  • Sep 15, 2010 4:55pm Sep 15, 2010 4:55pm
There is a very strong H1 pinbar at a support level + other confluence ....

anyone else interested?
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