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Nearly Naked (Simple Trades)

  • #8,901
  • Sep 30, 2010 5:48am Sep 30, 2010 5:48am
Quoting nick7r
Marc

Bit off topic

but what basic things do you look for for a scalp. What TFs etc?
Here's a little more in depth. Notes are on the chart. I'm done for the day (and it's only 8:48 am est!!) so if you have any questions just PM me.
Attached Image (click to enlarge)
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When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #8,902
  • Sep 30, 2010 5:58am Sep 30, 2010 5:58am
Quoting MarcVUM
Here's a little more in depth. Notes are on the chart. I'm done for the day (and it's only 8:48 am est!!) so if you have any questions just PM me.
Nick,

One more chart. Price did hit the 1st TP of D R1 and there was an opportunity of grabbing a quick 5 pips from the bounce. IMO A/U is one of the most predictable pairs...keep it simple and money will flow into your account.
Attached Image (click to enlarge)
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When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #8,903
  • Sep 30, 2010 8:13am Sep 30, 2010 8:13am
GBPCHF really did not go at all as I thought it would from the charts set up as I posted.

I learned a valuable lesson to always check the upcoming news on a pair I am trading.

looks like a roaring lion came through here. ouch !!
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  • #8,904
  • Sep 30, 2010 9:56am Sep 30, 2010 9:56am
Hey guys,
Sorry for being away for so long. I have been SOOOOOOO busy. With that said, I asked Forex Factory if MarcVUM could be the moderator of the thread. I am sure none of you will disagree with my choice I just haven't been able to post as much as I would like and Marc would make a better moderator than me. I will still post. I am just crazy busy on this business trip and MarcVUM is one of my friend and an amazing trader and I think he should own the thread
  • #8,905
  • Sep 30, 2010 10:30am Sep 30, 2010 10:30am
bustin out your uber businessmen moves or what?

Quoting Saxon
Hey guys,
Sorry for being away for so long. I have been SOOOOOOO busy. With that said, I asked Forex Factory if MarcVUM could be the moderator of the thread. I am sure none of you will disagree with my choice I just haven't been able to post as much as I would like and Marc would make a better moderator than me. I will still post. I am just crazy busy on this business trip and MarcVUM is one of my friend and an amazing trader and I think he should own the thread
Annoying Precision
  • #8,906
  • Sep 30, 2010 10:32am Sep 30, 2010 10:32am
E/U
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Annoying Precision
  • #8,907
  • Sep 30, 2010 11:17am Sep 30, 2010 11:17am
A/U. I keep checking in on my station although I'm done trading today unless something spectacular occurs.

Keep your eye on the 35sma here on H4. It has held price up for quite a while now but if price closes below it then it may spell bad news for longs!!
Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 146 KB
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #8,908
  • Sep 30, 2010 2:09pm Sep 30, 2010 2:09pm
Quoting Saxon
Hey guys,
Sorry for being away for so long. I have been SOOOOOOO busy. With that said, I asked Forex Factory if MarcVUM could be the moderator of the thread. I am sure none of you will disagree with my choice I just haven't been able to post as much as I would like and Marc would make a better moderator than me. I will still post. I am just crazy busy on this business trip and MarcVUM is one of my friend and an amazing trader and I think he should own the thread
I would support that!
  • #8,909
  • Sep 30, 2010 4:08pm Sep 30, 2010 4:08pm
Quoting Saxon
Hey guys,
Sorry for being away for so long. I have been SOOOOOOO busy. With that said, I asked Forex Factory if MarcVUM could be the moderator of the thread. I am sure none of you will disagree with my choice I just haven't been able to post as much as I would like and Marc would make a better moderator than me. I will still post. I am just crazy busy on this business trip and MarcVUM is one of my friend and an amazing trader and I think he should own the thread
I'm good with it too. Just make sure you don't abandon us.

  • #8,910
  • Edited 5:01pm Sep 30, 2010 4:17pm | Edited 5:01pm
Quoting Saxon
Hey guys,
Sorry for being away for so long. I have been SOOOOOOO busy. With that said, I asked Forex Factory if MarcVUM could be the moderator of the thread. I am sure none of you will disagree with my choice I just haven't been able to post as much as I would like and Marc would make a better moderator than me. I will still post. I am just crazy busy on this business trip and MarcVUM is one of my friend and an amazing trader and I think he should own the thread

Hi Saxon, good to hear you from time to time.
Hope things are going well and will continue to prosper.
I agree, Marc has an incredible knowledge and ability to share with the group.
Congratulations Marc.
  • #8,911
  • Sep 30, 2010 4:57pm Sep 30, 2010 4:57pm
Quoting calderone
I'm good with it too. Just make sure you don't abandon us.

Haha, not going to abandon you guys! I just go to the office early and get home super late and am in an unfamiliar city. So I get home, go to the gym, then go to sleep. I will be leaving the east coast in a month or so, then will be back in familiar territory and work schedule/trading schedule
  • #8,912
  • Sep 30, 2010 5:22pm Sep 30, 2010 5:22pm
http://cdn.forexfactory.com/attachme...9&d=1285892019
  • #8,913
  • Oct 1, 2010 2:51am Oct 1, 2010 2:51am
my first scalp

thanks Marc for your help!
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  • #8,914
  • Oct 1, 2010 4:35am Oct 1, 2010 4:35am
Daily Timeframe
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  • #8,915
  • Oct 1, 2010 5:03am Oct 1, 2010 5:03am
EUR/JPY Analysis - H4 Timeframe
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  • #8,916
  • Oct 1, 2010 9:44am Oct 1, 2010 9:44am
Eur/Chf Daily chart
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  • #8,917
  • Oct 1, 2010 1:53pm Oct 1, 2010 1:53pm
Hi Saxon, Mark, and all
Been on business trip for the past three months, will be back home in Australia in two weeks time. Currently in Iran on my last leg of travels. Havent been trading at all due to weak connection. I just noticed something in my Astro charts that point to fall in DJ and S&P500. I thought I would share it with you guys.
I am charging my account and entering shorts in AUD, GBP and DJ from Tuesday late evening US time. I havent had a look at technical studies in the past 2 months or so. This decision is fully based on my Astro chartrs. Pl be careful if you are long on any currency except USD Index.

Will be back on line on 15th October.
Find a job that you love and you dont have to work again in your life.
  • #8,918
  • Oct 1, 2010 9:52pm Oct 1, 2010 9:52pm
Quoting tradoholic
Hi Saxon, Mark, and all
Been on business trip for the past three months, will be back home in Australia in two weeks time. Currently in Iran on my last leg of travels. Havent been trading at all due to weak connection. I just noticed something in my Astro charts that point to fall in DJ and S&P500. I thought I would share it with you guys.
I am charging my account and entering shorts in AUD, GBP and DJ from Tuesday late evening US time. I havent had a look at technical studies in the past 2 months or so. This decision is fully based on my Astro...
Hi tradoholic

My charts agree with you, once au reaches 9786 it is time to start looking for short opportunities.
  • #8,919
  • Oct 3, 2010 7:42am Oct 3, 2010 7:42am
Quoting Saxon
Haha, not going to abandon you guys! I just go to the office early and get home super late and am in an unfamiliar city. So I get home, go to the gym, then go to sleep. I will be leaving the east coast in a month or so, then will be back in familiar territory and work schedule/trading schedule
Hello Saxon and Marc i know you love to work with AUDUSD,check my new Renk trading method maybe can help you in your tradin


This is some setups >

I work on this few days but i need testers
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"Buy on fear, sell on greed !!!
  • #8,920
  • Oct 3, 2010 11:35am Oct 3, 2010 11:35am
MarkVUM,

I know you like your gaps.....Market's been open less than an hour, and the pound has dropped about 40 pips (I'm with Oanda, they open as soon as a transaction is made Sunday).

Might be worth watching when the rest of the brokers open.
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