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Trade What You See - Almost Naked Trading

  • #5,141
  • Nov 22, 2010 12:52am Nov 22, 2010 12:52am
Watching
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In the days of old when sailors were bold, and seldom if ever contented.
  • #5,142
  • Nov 22, 2010 12:56am Nov 22, 2010 12:56am
I know what you mean, I laid this thing out several hours ago when I was playing with chart posting, took a nap and missed it as well.

Quoting pt49
I'm upset I missed this trade
Listen to the whispers.... You may learn something
  • #5,143
  • Nov 22, 2010 1:00am Nov 22, 2010 1:00am
...Took a nap and got up a little after the party started.

Quoting simmo24
It already took place on my chart, four candles ago on yours ?
Anyway Im in this one long @0.9950, not looking promising at the moment. I was hoping for a better week, last week was a nightmare, glad I'm on demo still.
Listen to the whispers.... You may learn something
  • #5,144
  • Nov 22, 2010 1:07am Nov 22, 2010 1:07am
AUD/JPY 4hr... I'm in
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In the days of old when sailors were bold, and seldom if ever contented.
  • #5,145
  • Edited 1:12am Nov 22, 2010 1:09am | Edited 1:12am
Quoting pt49
I'm upset I missed this trade
Hi PT49,

Are you drawing the TL correctly? Should you not have started 2 candles earlier and secondly, was that not for the Long that occurred on Friday afternoon? In line with what LawGirl reiterates all the time i.e. that we go too far back with our TLs.

I would have thought that the correct start of the TL would have been from the 19th (Friday) 16h00 candle close and had you selected that line, you would have had a 3rd "tap" (albeit not fully extended) @ 04h00 this morning. Clearly indicating that the Long is still intact and that a BO could occur to the TOP?
Hercs
  • #5,146
  • Nov 22, 2010 1:14am Nov 22, 2010 1:14am
H1-4C-BO on AJ as well...but like the AU it's trying to push through some pretty fair resistance.

Quoting simmo24
It already took place on my chart, four candles ago on yours ?
Anyway Im in this one long @0.9950, not looking promising at the moment. I was hoping for a better week, last week was a nightmare, glad I'm on demo still.
Listen to the whispers.... You may learn something
  • #5,147
  • Nov 22, 2010 1:18am Nov 22, 2010 1:18am
Quoting Hercs
Hi PT49,

Are you drawing the TL correctly? Should you not have started 2 candles earlier and secondly, was that not for the Long that occurred on Friday afternoon? In line with what LawGirl reiterates all the time i.e. that we go too far back with our TLs.

I would have thought that the correct start of the TL would have been from the 19th (Friday) 16h00 candle close and had you selected that line, you would have had a 3rd "tap" (albeit not fully extended) @ 04h00 this morning. Clearly indicating that the Long is still intact...
Hey hercs... you may be right, I need to go back and read the setup rules thoroughly.
In the days of old when sailors were bold, and seldom if ever contented.
  • #5,148
  • Nov 22, 2010 1:23am Nov 22, 2010 1:23am
It's certainly a valid H1-4C-BO trade, in as well, but it's at long term resistance and may not be able to take off. It tried to push up out of here a few hours after market open but failed.

Quoting pt49
Hey hercs... you may be right, I need to go back and read the setup rules thoroughly.
Listen to the whispers.... You may learn something
  • #5,149
  • Nov 22, 2010 1:47am Nov 22, 2010 1:47am
GbpUsd, GbpJpy, EurGbp
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  • #5,150
  • Nov 22, 2010 1:52am Nov 22, 2010 1:52am
you said this:
Someone on this thread posted a very useful link to an instructive video which illustrates the difference between a "professional" gap and a "novice" gap.


i've seen this link but couldnt make the video work,anybody knows whats it about?? thanks
  • #5,151
  • Nov 22, 2010 1:56am Nov 22, 2010 1:56am
...Nice
Quoting Pip26
GbpUsd, GbpJpy, EurGbp
Listen to the whispers.... You may learn something
  • #5,152
  • Nov 22, 2010 2:04am Nov 22, 2010 2:04am
This what you're talking about? I haven't watched it but the title sounds correct. "Professional Gaps vs Novice Gaps in the Forex Markets"
http://www.fxstreet.com/webinars/ses...2-58e60f5d5814
Should take you right to the video and just click on the white arrow inside the gray box.

Quoting vukovi21
you said this:
Someone on this thread posted a very useful link to an instructive video which illustrates the difference between a "professional" gap and a "novice" gap.


i've seen this link but couldnt make the video work,anybody knows whats it about?? thanks
Listen to the whispers.... You may learn something
  • #5,153
  • Nov 22, 2010 2:09am Nov 22, 2010 2:09am
found the link i was asking about..
here you goo: http://transcripts.fxstreet.com/2009...x-markets.html

maybe it can be useful
  • #5,154
  • Nov 22, 2010 2:11am Nov 22, 2010 2:11am
thanks...didnt see your post...
  • #5,155
  • Nov 22, 2010 2:34am Nov 22, 2010 2:34am
UsdChf BO
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  • #5,156
  • Nov 22, 2010 2:41am Nov 22, 2010 2:41am
Woke up to + 97 on this trade. Good way to start a short trading week.
In case I forget later in the week , My wish for every one is a Happy and Safe Thanksgiving
( if you celebrate it)

Quoting lawgirl21
H4 3 Tap setup. Scrutch posted it earlier. Looking even better now.
Always Learning
  • #5,157
  • Nov 22, 2010 3:08am Nov 22, 2010 3:08am
Quoting Pip26
GbpUsd, GbpJpy, EurGbp
how to exit for this trade @GbpUsd
"Trade Until I Come Back" Luke
  • #5,158
  • Nov 22, 2010 3:29am Nov 22, 2010 3:29am
Quoting superpipo
how to exit for this trade @GbpUsd
I manually closed it at +25 pips
  • #5,159
  • Nov 22, 2010 3:31am Nov 22, 2010 3:31am
EurCad BO
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  • #5,160
  • Nov 22, 2010 4:02am Nov 22, 2010 4:02am
CadChf, EurUsd, AudChf breakouts.
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