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Trade What You See - Almost Naked Trading

  • #801
  • Oct 6, 2010 11:05am Oct 6, 2010 11:05am
I'm in long.
  • #802
  • Oct 6, 2010 11:07am Oct 6, 2010 11:07am
Quoting sashasan
IBFX
btw, by the new regulation from CTFC or whatever these freaks call themselves, maximum allowed leverage will be decreased to 50:1 AND US RESIDENTS CANNOT OPEN FOREX ACCOUNTS WITH NON-AMERICAN BROKERS!!!
come back in USSR
We're screwed, I know. We've got to start the changes rolling in November.
  • #803
  • Oct 6, 2010 11:15am Oct 6, 2010 11:15am
Quoting lawgirl21
I'm in long.
Could be the Bear Flag is about to end. You know what that means. The last "Hurrah!", and then........
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  • #804
  • Oct 6, 2010 11:19am Oct 6, 2010 11:19am
This is showing good divergence but is it not to downside..!
  • #805
  • Oct 6, 2010 11:22am Oct 6, 2010 11:22am
Quoting wickstedFX
This is showing good divergence but is it not to downside..!
To wicksteadFX and all who would post here,

Please put the pair ID in the title of your post!!!!

wickstedFX, no one can make sense out of your post, because no one has any idea what pair you are talking about!

I am sure LG would appreciate everyone abiding by this simple request.
  • #806
  • Oct 6, 2010 11:28am Oct 6, 2010 11:28am
Quoting traderathome
To wicksteadFX and all who would post here,

Please put the pair ID in the title of your post!!!!

wickstedFX, no one can make sense out of your post, because no one has any idea what pair you are talking about!

I am sure LG would appreciate everyone abiding by this simple request.
Thanks TAH..
  • #807
  • Oct 6, 2010 11:30am Oct 6, 2010 11:30am
Quoting traderathome
Could be the Bear Flag is about to end. You know what that means. The last "Hurrah!", and then........
I just am not seeing the resistence ahead that you are. My next resistence level on the daily is way away.
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  • #808
  • Oct 6, 2010 11:32am Oct 6, 2010 11:32am
RSI on W and D are maybe rolling over. Not yet on H4, though. However, 1-2-3 taps we have! Looks like this is getting closer to reversal....and what a reversal it will be!

WARNING: Speculation.
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  • #809
  • Oct 6, 2010 11:32am Oct 6, 2010 11:32am
Quoting lawgirl21
We're screwed, I know. We've got to start the changes rolling in November.

Does this apply to canadian citizens as well??
  • #810
  • Oct 6, 2010 11:37am Oct 6, 2010 11:37am
Quoting traderathome
RSI on W and D are maybe rolling over. Not yet on H4, though. However, 1-2-3 taps we have! Looks like this is getting closer to reversal....and what a reversal it will be!

WARNING: Speculation.
EURJPY

How many weeks are you reaching back here?
  • #811
  • Oct 6, 2010 11:49am Oct 6, 2010 11:49am
EU is on another rant this am...
Have not found a place to enter again, looks a bit nose bleedy up there.
Listen to the whispers.... You may learn something
  • #812
  • Oct 6, 2010 12:06pm Oct 6, 2010 12:06pm
Quoting lawgirl21
EURJPY

How many weeks are you reaching back here?
Ops, wrong H4 chart.....EU instead of EJ. I apologize.

The correct chart shows 3 solid taps, meaning taps created by decently strong candles.
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  • #813
  • Oct 6, 2010 12:09pm Oct 6, 2010 12:09pm
A nice thread here its similar to how I Trade, Question Lawgirl in regards to your breakouts you have shown quite a few examples of where price has broken out of a range than back into a range, (sorry cannot post chart at work will do later) my question is do you enter after a candle is closed outside the range than enter or do you wait for price to retrace back to range level than enter I'm sorry if this has been asked before, also for your breakout trades are you only looking at the 1H timeframe perhaps entering on M15.

Thanks
  • #814
  • Oct 6, 2010 12:12pm Oct 6, 2010 12:12pm
Quoting traderathome
Ops, wrong H4 chart.....EU instead of EJ. I apologize.

The correct chart shows 3 solid taps, meaning taps created by decently strong candles.
You're still going a month back. Keeping the taps within the current week and last few bars of the previous week, may be arbitrary. It will be interesting to watch what happens.
  • #815
  • Oct 6, 2010 12:17pm Oct 6, 2010 12:17pm
Same story on EU as EJ.
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  • #816
  • Oct 6, 2010 12:17pm Oct 6, 2010 12:17pm
Quoting kdx
A nice thread here its similar to how I Trade, Question Lawgirl in regards to your breakouts you have shown quite a few examples of where price has broken out of a range than back into a range, (sorry cannot post chart at work will do later) my question is do you enter after a candle is closed outside the range than enter or do you wait for price to retrace back to range level than enter I'm sorry if this has been asked before, also for your breakout trades are you only looking at the 1H timeframe perhaps entering on M15.

Thanks
My breakouts are based on consolidation. Sooner or later there will be a breakout. I don't care in which direction the breakout occurs, but I do want confirmation on higher TFs. I wait for a closed candle on M15 chart completely outside of higher horizontal (resistence) line for long and outside of lower horizontal (support) line for short. You are exactly right, I am looking at H1 chart consolidation and breakout, entering on M15 chart.
  • #817
  • Oct 6, 2010 12:45pm Oct 6, 2010 12:45pm
Have entered short at 115.60. I know this is early, based on fact that RSI is not down on W, D and H4.
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  • #818
  • Oct 6, 2010 1:02pm Oct 6, 2010 1:02pm
Quoting traderathome
To wicksteadFX and all who would post here,

Please put the pair ID in the title of your post!!!!

wickstedFX, no one can make sense out of your post, because no one has any idea what pair you are talking about!

I am sure LG would appreciate everyone abiding by this simple request.

Apologies, I consider my legs well and truly slapped..
  • #819
  • Oct 6, 2010 1:32pm Oct 6, 2010 1:32pm
Going all in long on US/CAD. Sentiment and volume are what I see as making me money. SL at 1.00. 1.00932 exactly.
  • #820
  • Oct 6, 2010 1:58pm Oct 6, 2010 1:58pm
Quoting traderathome
Have entered short at 115.60. I know this is early, based on fact that RSI is not down on W, D and H4.
I'm out with 22 pips.
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