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Trade What You See - Almost Naked Trading

  • #3,281
  • Nov 7, 2010 7:27pm Nov 7, 2010 7:27pm
BO trade setting up.
  • #3,282
  • Nov 7, 2010 7:28pm Nov 7, 2010 7:28pm
chart
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  • #3,283
  • Nov 7, 2010 7:35pm Nov 7, 2010 7:35pm
This one is pretty.....Sorry It's H1
Attached Image (click to enlarge)
Click to Enlarge Name: audusdf.gif Size: 15 KB
  • #3,284
  • Nov 7, 2010 7:36pm Nov 7, 2010 7:36pm
Entered this trade short on BO and close of M15 candle.
Attached Image
  • #3,285
  • Nov 7, 2010 7:38pm Nov 7, 2010 7:38pm
Quoting hiredwhip
This one is pretty.....
Yes, it is..I'm getting in it at the close of a M15 candle outside the support level. Things are really beginning to pop now.
  • #3,286
  • Nov 7, 2010 7:39pm Nov 7, 2010 7:39pm
All in BO set ups.
  • #3,287
  • Nov 7, 2010 7:46pm Nov 7, 2010 7:46pm
Quoting Wally1953
Thanks Lawgirl. But I hope I'm not just another pretty chart. My trade is languishing, not sure if it really wants to go up. My tight stoplosses may be the death of me. Especially this time of night. No volume, no follow-through. Tight SLs work better when US/London markets are open with high volume. We'll see!
If you get stopped out, just move on to something else. There are many breakouts going on now.
  • #3,288
  • Nov 7, 2010 7:50pm Nov 7, 2010 7:50pm
I did not let my gap trade on this pair go to the full SL, rather I closed it when the RSI showed the opposite direction, then I doubled my order and went short. Should make up for the loss.
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  • #3,289
  • Nov 7, 2010 7:51pm Nov 7, 2010 7:51pm
Quoting lawgirl21
I did not let my gap trade on this pair go to the full SL, rather I closed it when the RSI showed the opposite direction, then I doubled my order and went short. Should make up for the loss.
Very Nice!!!
  • #3,290
  • Nov 7, 2010 7:54pm Nov 7, 2010 7:54pm
In this trade.
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  • #3,291
  • Nov 7, 2010 7:56pm Nov 7, 2010 7:56pm
Both going long.
  • #3,292
  • Nov 7, 2010 7:58pm Nov 7, 2010 7:58pm
I can't even keep up with the trades.
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  • #3,293
  • Nov 7, 2010 8:03pm Nov 7, 2010 8:03pm
Quoting lawgirl21
I can't even keep up with the trades.
I had to stop...3 trade max on my penny account....I'd hate to get a margin call right here in front of everybody...

whip
  • #3,294
  • Nov 7, 2010 8:05pm Nov 7, 2010 8:05pm
This is my 2nd entry on this pair. I held a short position from Friday night from1.0149. (I fell asleep), and it cost me -12 pipsright off the bat today. I was ready for the Aussie to head up after reading some reports, but it went down. I got out of that position @ 1.0120 for +29 pips. Am now short again @1.0113.

Attached Image (click to enlarge)
Click to Enlarge Name: audusd,h1bo.jpg Size: 106 KB
  • #3,295
  • Edited Nov 8, 2010 6:00am Nov 7, 2010 8:06pm | Edited Nov 8, 2010 6:00am
Stopped out, -13 pips. The trendline doesn't seem to be holding, so maybe I got out cheap. I'll find out in the morning. Good night folks.

EDIT: Oops, I mean my LONG EC trade was stopped out. It appears it was just as well...seems to be headed down.
"Be the change that you wish to see in the world." --Gandhi
  • #3,296
  • Nov 7, 2010 8:07pm Nov 7, 2010 8:07pm
Quoting hiredwhip
I had to stop...3 trade max on my penny account....I'd hate to get a margin call right here in front of everybody...

whip
I've had it happen...part of the learning process.
  • #3,297
  • Nov 7, 2010 8:12pm Nov 7, 2010 8:12pm
This has also become (hopefully) a 3 Tap trade.

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Click to Enlarge Name: audusd,h1bo + 3 tap.jpg Size: 98 KB
  • #3,298
  • Nov 7, 2010 8:13pm Nov 7, 2010 8:13pm
Quoting Wally1953
Stopped out, -13 pips. The trendline doesn't seem to be holding, so maybe I got out cheap. I'll find out in the morning. Good night folks.
Thirteen pip SL on a H4 candle is very tight, but you knew that. Just move on to something else tomorrow. Good night.
  • #3,299
  • Nov 7, 2010 8:16pm Nov 7, 2010 8:16pm
Quoting bobby2
This has also become (hopefully) a 3 Tap trade.

Attachment
It's already a good BO trade...
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  • #3,300
  • Nov 7, 2010 8:16pm Nov 7, 2010 8:16pm
Quoting lawgirl21
Thirteen pip SL on a H4 candle is very tight, but you knew that. Just move on to something else tomorrow. Good night.
I just hit the easy button and closed out my AU trade....24 pips profit for the night and $1000 worth of fun....Good night all...

whip
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