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Trade What You See - Almost Naked Trading

  • #3,881
  • Nov 11, 2010 8:31am Nov 11, 2010 8:31am
Quoting lawgirl21
Out with 55 pips.
Hey LG, that's great!
I'm still in the trade. Where was your TP?
  • #3,882
  • Nov 11, 2010 8:36am Nov 11, 2010 8:36am
Quoting JayTrader
LawGirl, unless you were trading a counter trend trade, would you trade against the Weekly RSI this late in the week? Refering to the GBPUSD post a few posts back
Thanks
Jay
I have such respect for the weekly RSI..especially this late in the week...that I never, never, never trade against..unless I am entering a countertrend trade and looking to get in and out fairly quickly..just like you stated. I personally think the weekly RSI is the most accurate trend indicator there is, and I have no idea why, nor do I really care.

I almost never trade countertrend anymore, because quite frankly, there is no need to. There are so many good trend trades setting up with this system that it is hard to keep up with them. But trading is really very boring and sometimes we need to just do something different.
  • #3,883
  • Nov 11, 2010 8:39am Nov 11, 2010 8:39am
Anyone in this trade. I have been for around two hours now and it just retraced on me.

She's moving up at last !!
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  • #3,884
  • Nov 11, 2010 8:40am Nov 11, 2010 8:40am
Short small size off the H4-3T
Looking to add to size when / if the H1-4C-BO happens
Attached Image (click to enlarge)
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Listen to the whispers.... You may learn something
  • #3,885
  • Nov 11, 2010 8:42am Nov 11, 2010 8:42am
AU break out trade, see att prev page !!
Hero calls followed by margin calls...
  • #3,886
  • Nov 11, 2010 8:44am Nov 11, 2010 8:44am
Quoting PhAnTi'
AU break out trade, see att prev page !!
bearish trend when h1 closes below 1.0010
Hero calls followed by margin calls...
  • #3,887
  • Nov 11, 2010 8:44am Nov 11, 2010 8:44am
USD pairs are going to be a bit lame today.
US holiday which leaves us short a large group of major players.

Quoting simmo24
Anyone in this trade. I have been for around two hours now and it just retraced on me.
Listen to the whispers.... You may learn something
  • #3,888
  • Nov 11, 2010 8:45am Nov 11, 2010 8:45am
Quoting The Sage
Hey LG, that's great!
I'm still in the trade. Where was your TP?

I got out around 112.62..I didn't like how that last H4 candle closed and was also a little tired of the trade. So I closed it before it hit the TP I had set at around 112.50.
  • #3,889
  • Nov 11, 2010 8:47am Nov 11, 2010 8:47am

You're in with large size...right?

Quoting PhAnTi'
AU break out trade, see att prev page !!
Listen to the whispers.... You may learn something
  • #3,890
  • Nov 11, 2010 8:48am Nov 11, 2010 8:48am
I have been in this trade since last night. It is just starting to do something.
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  • #3,891
  • Nov 11, 2010 8:52am Nov 11, 2010 8:52am
Quoting Scrutch

You're in with large size...right?
large size yes.
but microacc. : D
Hero calls followed by margin calls...
  • #3,892
  • Nov 11, 2010 8:52am Nov 11, 2010 8:52am
Some fair resistance around 3670ish

Quoting lawgirl21
I have been in this trade since last night. It is just starting to do something.
Listen to the whispers.... You may learn something
  • #3,893
  • Nov 11, 2010 8:53am Nov 11, 2010 8:53am
Check it out...
Attached Image
  • #3,894
  • Nov 11, 2010 8:53am Nov 11, 2010 8:53am
Thank You
Quoting lawgirl21
I have such respect for the weekly RSI..especially this late in the week...that I never, never, never trade against..unless I am entering a countertrend trade and looking to get in and out fairly quickly..just like you stated....
Always Learning
  • #3,895
  • Nov 11, 2010 8:55am Nov 11, 2010 8:55am
...PhAnTi...one does what one can
Large Small * Rule 72 = Small Large

Quoting PhAnTi'
large size yes.
but microacc. : D
Listen to the whispers.... You may learn something
  • #3,896
  • Nov 11, 2010 8:55am Nov 11, 2010 8:55am
Lots of nice BO's
  • #3,897
  • Nov 11, 2010 8:55am Nov 11, 2010 8:55am
Quoting Scrutch
...PhAnTi...one does what one can
Large Small * Rule 72 = Small Large
: P
Hero calls followed by margin calls...
  • #3,898
  • Nov 11, 2010 8:56am Nov 11, 2010 8:56am
Quoting Scrutch
Some fair resistance around 3670ish
Exactly where my TP is..
Attached Image (click to enlarge)
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  • #3,899
  • Nov 11, 2010 9:00am Nov 11, 2010 9:00am
Using the EJ, kinda trying to stay away from the USD pairs today.

Quoting lawgirl21 {EURUSD}
Check it out...
Listen to the whispers.... You may learn something
  • #3,900
  • Nov 11, 2010 9:01am Nov 11, 2010 9:01am

Quoting lawgirl21 {EURCAD}
Exactly where my TP is..
Listen to the whispers.... You may learn something
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