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Trade What You See - Almost Naked Trading

  • #4,701
  • Nov 17, 2010 9:54am Nov 17, 2010 9:54am
Quoting Pip26
I m little aggressive
I think it's going to be a good trade.
  • #4,702
  • Nov 17, 2010 9:59am Nov 17, 2010 9:59am
Quoting lawgirl21
I think it's going to be a good trade.
I'm wachting this one also, M15 is almost closed.
One thing I should continue to learn is to set limits. I now stop trades at 10-20 pips because I'm scared and I'm taking what there is to take.
I do continue to follow the trade afterwards and see what should had happend IF I stayed, but that's easy :-)

But this way I wont cash 50 or higher pip moves :'(

I guess this will be growing when my experience goes up and I feel a more familiar with this method and the market.
  • #4,703
  • Nov 17, 2010 10:05am Nov 17, 2010 10:05am
PA is not giving us a good entry into this trade yet..will wait it out.
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  • #4,704
  • Nov 17, 2010 10:08am Nov 17, 2010 10:08am
Quoting KillerAntz
I'm wachting this one also, M15 is almost closed.
One thing I should continue to learn is to set limits. I now stop trades at 10-20 pips because I'm scared and I'm taking what there is to take.
I do continue to follow the trade afterwards and see what should had happend IF I stayed, but that's easy :-)

But this way I wont cash 50 or higher pip moves :'(

I guess this will be growing when my experience goes up and I feel a more familiar with this method and the market.

Really study support/resistence areas. They generally show us everything. Sometimes they show us that 10-20 pips is right on target. Sometimes more like 30+. I really trust them for TP and SL areas.
  • #4,705
  • Nov 17, 2010 10:11am Nov 17, 2010 10:11am
Quoting stevewide
Atlanta seasons are nothing compared to the North. Our fall is long; leaves just turned beautiful right now; will last a few days. But I like it alot.
I like that area too. I'm from Mississippi.
  • #4,706
  • Nov 17, 2010 10:20am Nov 17, 2010 10:20am
Quoting jsmanuse
Here is a setup that has been developing this morning. I checked the monthly rsi and it still looks pretty bullish, but not pointing up yet so this might be early in the move since I am long from the top of a range, but the higher highs and lows with agreement from the LG indie suggest there is room to move up.
out +25.
  • #4,707
  • Nov 17, 2010 10:24am Nov 17, 2010 10:24am
Quoting lawgirl21
I went to school in New York City, Wally, and we would go apple picking upstate every year and picnic at West Point..are you near there? Falls are so beautiful there, I miss them..
I'm north of West Point, but still in the Hudson Valley, just south of Albany. Yes, apples are very big around here in the autumn. I like this area very much. I've never been to California, but want to visit definitely. Only been as far west as Colorado.
"Be the change that you wish to see in the world." --Gandhi
  • #4,708
  • Nov 17, 2010 10:24am Nov 17, 2010 10:24am
Anyone calling $/swiss a 3TAP yet?
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  • #4,709
  • Nov 17, 2010 10:26am Nov 17, 2010 10:26am
Quoting jsmanuse
out +25.
Excellent! Looks like you are doing well..
  • #4,710
  • Nov 17, 2010 10:29am Nov 17, 2010 10:29am
Nice area for GY to drop here, however still too early to tell. Patience.
  • #4,711
  • Nov 17, 2010 10:31am Nov 17, 2010 10:31am
Quoting dfstone32
Anyone calling $/swiss a 3TAP yet?
There have been several 3 Tap long trades on that pair already this week., all successful, all 1-2 candle profit. I would call that another one. I would move to lower TF and watch PA for awhile to confirm before entering
  • #4,712
  • Nov 17, 2010 10:34am Nov 17, 2010 10:34am
Quoting lawgirl21
PA is not giving us a good entry into this trade yet..will wait it out.
Still can't enter this trade...
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  • #4,713
  • Nov 17, 2010 10:36am Nov 17, 2010 10:36am
As posted earlier today - still watching and waiting
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  • #4,714
  • Nov 17, 2010 10:39am Nov 17, 2010 10:39am
I don't know what you would call this LG but if NJ breaks the trend lines here and closes higher, the arrows are all pointing north with room to move.
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  • #4,715
  • Nov 17, 2010 10:40am Nov 17, 2010 10:40am
Quoting lawgirl21
Still can't enter this trade...
closed my 4h 3 tap for 20 pips; let some profit get away but its all good.
  • #4,716
  • Nov 17, 2010 10:41am Nov 17, 2010 10:41am
I've been stalking this pair also, lost 15 pips earlier on it. Retrace might setup something
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  • #4,717
  • Nov 17, 2010 10:42am Nov 17, 2010 10:42am
Quoting Ph22
As posted earlier today - still watching and waiting
From your mouth, to the markets ears I'm still in it short from a weekly BO and 3Tap trade.
  • #4,718
  • Nov 17, 2010 10:43am Nov 17, 2010 10:43am
Quoting dfstone32
I've been stalking this pair also, lost 15 pips earlier on it. Retrace might setup something
In my opinion, this pair is a long way from a valid trade. Don't chase trades, there are plenty others out there.
  • #4,719
  • Nov 17, 2010 10:45am Nov 17, 2010 10:45am
High risk trade here so I entered short at 132.50 with only 1% of my account. This stop will be tight just above the 132.80 area. Watching reaction to 132.20 area closely if it gets there. Seems to be holding strong, for now.
  • #4,720
  • Nov 17, 2010 10:47am Nov 17, 2010 10:47am
Quoting jsmanuse
I don't know what you would call this LG but if NJ breaks the trend lines here and closes higher, the arrows are all pointing north with room to move.
OK, that's the first step in the analysis. Now move to H4 chart and look for entry within this week.
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