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Trade What You See - Almost Naked Trading

  • #2,581
  • Oct 29, 2010 7:43am Oct 29, 2010 7:43am
Nice 3tap trade, hope someone got it, I saw it too late...
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  • #2,582
  • Oct 29, 2010 7:50am Oct 29, 2010 7:50am
I hope this one takes off soon
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  • #2,583
  • Oct 29, 2010 8:08am Oct 29, 2010 8:08am
Looks like the bulls and the bears are having it out at the 1.3900 mark. Whos going to win this one??
  • #2,584
  • Oct 29, 2010 8:09am Oct 29, 2010 8:09am
Like candy from a baby!

although I think I screwed up on Ucad and EU will see
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  • #2,585
  • Edited 9:16am Oct 29, 2010 8:44am | Edited 9:16am
In this with 30pip stop. TL slope is steeper than I usually like but all TF's down.
(Changed my chart colours to make for easier reading.)

EDIT: SL hit -30
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  • #2,586
  • Oct 29, 2010 9:15am Oct 29, 2010 9:15am
Woke up with TP hit +40 pips.
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  • #2,587
  • Oct 29, 2010 9:27am Oct 29, 2010 9:27am
Quoting pippete
I hope this one takes off soon
Looks to me, PipP that the trade was several hours earlier.
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  • #2,588
  • Oct 29, 2010 9:29am Oct 29, 2010 9:29am
Is somebody selling euro/usd? I ve sold.
  • #2,589
  • Oct 29, 2010 9:32am Oct 29, 2010 9:32am
My EJ hit SL -30.
Looks like I should have stayed with my NZD instead which as suspected, just kept going after hitting my 40tp
  • #2,590
  • Oct 29, 2010 9:34am Oct 29, 2010 9:34am
Quoting lite27
Is somebody selling euro/usd? I ve sold.
Late Fri (London) on month end so I'm done for the week but good luck
  • #2,591
  • Edited 9:48am Oct 29, 2010 9:34am | Edited 9:48am
Quoting Ph22
In this with 30pip stop. TL slope is steeper than I usually like but all TF's down.
(Changed my chart colours to make for easier reading.)

EDIT: SL hit -30
This pair had two consecutive 3 tap trades this week. One with about 70-80 pips, the second with 120+ pips. I think you were just a little late.

THESE TRADES ARE BEAUTIFUL EXAMPLES OF A SET-UP ON ONE CANDLE AND THE TRIGGER ON THE NEXT. ONE NEEDED TO WAIT FOR PA TO MOVE IN A DOWNWARD DIRECTION BEFORE ENTERING.
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  • #2,592
  • Oct 29, 2010 9:35am Oct 29, 2010 9:35am
Quoting Ph22
Late Fri (London) on month end so I'm done for the week
Did you have a good week?
  • #2,593
  • Oct 29, 2010 9:35am Oct 29, 2010 9:35am
Quoting lawgirl21
Looks to me, PipP that the trade was several hours earlier.
Yes, I already milked that one, but I thought there was another 3 tap just after that, as you can see on my chart above. Was my TL off? this one fizzled off...
  • #2,594
  • Oct 29, 2010 9:38am Oct 29, 2010 9:38am
Quoting lawgirl21
This pair had two consecutive 3 tap trades this week. One with about 70-80 pips, the second with 120+ pips. I think you were just a little late.
Yep, u are right LG but still, it was a bona-fide 3tap with all TF's supporting a short. Since I dislike steep TL's I shouldn't have taken it really. Onwards and upwards
  • #2,595
  • Oct 29, 2010 9:41am Oct 29, 2010 9:41am
Quoting pippete
Yes, I already milked that one, but I thought there was another 3 tap just after that, as you can see on my chart above. Was my TL off? this one fizzled off...
Yes, I think you "chased the trade" as it is called.
  • #2,596
  • Oct 29, 2010 9:41am Oct 29, 2010 9:41am
Quoting lawgirl21
Did you have a good week?
Not as good as last cpl weeks. Couldn't trade as much either but overall managed to keep my head above water.
I imagine u have more than hit your target long since?
  • #2,597
  • Oct 29, 2010 9:43am Oct 29, 2010 9:43am
I ve sold AUD/JPY and GBP/JPY, any thoughts?
  • #2,598
  • Oct 29, 2010 9:44am Oct 29, 2010 9:44am
sorry, sold AUD/JPY and GBP/USD,
  • #2,599
  • Oct 29, 2010 9:52am Oct 29, 2010 9:52am
Quoting lite27
I ve sold AUD/JPY and GBP/JPY, any thoughts?

Based on what? You need to give us more information or post your charts.
  • #2,600
  • Oct 29, 2010 10:02am Oct 29, 2010 10:02am
It only fair to talk about failures too, LG, this one went south on me even though everything was up when I pulled the trigger. Is it just one of days the market messes with us or was it a bad setup?
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