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Trade What You See - Almost Naked Trading

  • #4,581
  • Nov 17, 2010 2:57am Nov 17, 2010 2:57am
Quoting LFB
All are possible H1 BOs, i am watching them at M15 now for BO confirmation.
ok.
r u waiting for a break of levels or even a close of 15 min bar?

im playing with it, i usually wait for h1 close above/below level
Hero calls followed by margin calls...
  • #4,582
  • Nov 17, 2010 2:59am Nov 17, 2010 2:59am
long GU, 5906 , BO
Hero calls followed by margin calls...
  • #4,583
  • Nov 17, 2010 3:00am Nov 17, 2010 3:00am
3 taps + 4h bo ?
Attached Image (click to enlarge)
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  • #4,584
  • Nov 17, 2010 3:02am Nov 17, 2010 3:02am
Quoting PhAnTi'
ok.
r u waiting for a break of levels or even a close of 15 min bar?

I'm playing with it, i usually wait for h1 close above/below level
I am waiting at S/R retest from the opposite side at M15 and then for correct direction of the next M15 candle.
  • #4,585
  • Nov 17, 2010 3:04am Nov 17, 2010 3:04am
Quoting PhAnTi'
long GU, 5906 , BO
im out -10 sl....hilarious trade, nice BO....then H1 RSI immediately turns into vice versa direction and PA falls down bam bam : p

was a quiet nice set up tough...
Hero calls followed by margin calls...
  • #4,586
  • Nov 17, 2010 3:04am Nov 17, 2010 3:04am
Quoting LFB
I am waiting at S/R retest from the opposite side at M15 and then for correct direction of the next M15 candle.
any experiences so far?
Hero calls followed by margin calls...
  • #4,587
  • Nov 17, 2010 3:05am Nov 17, 2010 3:05am
Quoting ofer e
3 taps + 4h bo ?
well yeah, but u should enter at touch of trendline...so maybe it's too late now ..
Hero calls followed by margin calls...
  • #4,588
  • Nov 17, 2010 3:07am Nov 17, 2010 3:07am
Quoting PhAnTi'
any experiences so far?
It doesn't work right for very dynamic BO, when there is no retest, but it is quite safe approach.
  • #4,589
  • Nov 17, 2010 3:10am Nov 17, 2010 3:10am
Quoting PhAnTi'
well yeah, but u should enter at touch of trendline...so maybe it's too late now ..
Yes but i prefer on thus setup to wait for BO in my favor direction.
Thanks
  • #4,590
  • Nov 17, 2010 3:12am Nov 17, 2010 3:12am
Quoting PhAnTi'
long GU, 5906 , BO
I'm here too:
Attached Image (click to enlarge)
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  • #4,591
  • Nov 17, 2010 3:14am Nov 17, 2010 3:14am
Quoting LFB
Here they are:


I like BO trades also. But have yet to master it.

Today, made a wrong trade on EUDUSD

Anybody tried http://www.forex-tools-cafe.com/CongestionBreakout.php this before?
  • #4,592
  • Nov 17, 2010 3:15am Nov 17, 2010 3:15am
I'm in but next 15M candle will confirm if i was not to hasty.
  • #4,593
  • Nov 17, 2010 3:16am Nov 17, 2010 3:16am
Quoting luipie
I'm here too:
my sl even hit , thats sad....buddy take the profit and go out... UK news coming in 15 min
Hero calls followed by margin calls...
  • #4,594
  • Nov 17, 2010 3:17am Nov 17, 2010 3:17am
Quoting mallim


I like BO trades also. But have yet to master it.

Today, made a wrong trade on EUDUSD

Anybody tried http://www.forex-tools-cafe.com/CongestionBreakout.php this before?
looks similar to ours, but they use other indicators
Hero calls followed by margin calls...
  • #4,595
  • Nov 17, 2010 3:17am Nov 17, 2010 3:17am
Quoting bandung
wew its rainy here.. it suppose to be cold ... but now suddenly hot, sl hitted
-46 so far today..
hi traders.
gsar... got stopped and reverse

its sound like revenge.. no it is not.
that one hour bar buob looking good .. engulfing the range of my marked hilo
so i'm buying targeting fib 50 of prev day range

anyone take this BO?
Attached Image (click to enlarge)
Click to Enlarge Name: gu-1hr-buy.png Size: 38 KB
...
  • #4,596
  • Nov 17, 2010 3:20am Nov 17, 2010 3:20am
Quoting PhAnTi'
my sl even hit , thats sad....buddy take the profit and go out... UK news coming in 15 min
I moved SL to BE
  • #4,597
  • Nov 17, 2010 3:20am Nov 17, 2010 3:20am
Quoting bandung
hi traders.
gsar... got stopped and reverse

its sound like revenge.. no it is not.
that one hour bar buob looking good .. engulfing the range of my marked hilo
so i'm buying targeting fib 50 of prev day range

anyone take this BO?
i did, but sl hit before i could take any profit....dont trade GU right now buddy! there are several upcoming news
Hero calls followed by margin calls...
  • #4,598
  • Nov 17, 2010 3:21am Nov 17, 2010 3:21am
Quoting luipie
I moved SL to BE
thats quite cool

gl!
Hero calls followed by margin calls...
  • #4,599
  • Nov 17, 2010 3:21am Nov 17, 2010 3:21am
If market is reading this i would ask for D1 RSI for CADJPY down please
  • #4,600
  • Nov 17, 2010 3:22am Nov 17, 2010 3:22am
Quoting PhAnTi'
long GU, 5906 , BO
Morning, I also took this trade at the close of 1H bar @5906 but have since closed for a couple of pips. I'm going to wait for the major news to be over @10.30
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