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Nearly Naked (Simple Trades)

  • #9,501
  • Nov 21, 2010 9:35pm Nov 21, 2010 9:35pm
Quoting nick7r
Hi Marc

been going over your chart all weekend.

I think im missing what you see. I can see the Stochs has ticked up along with the candles.

also what does the count of 1-9 represent to you?

also it is obvious that the red band has closed and i presume this is the start of a green band, but i dont know what this indicator is?
Hi Nick. Looking at the H4 chart you are right...the red ribbon completed and the green ribbon began. It's definitely on its way up since the open. Stochs are up and there was a great bull candle at the bottom. The 1-9 numbers are something I'm playing with...sequential highs and lows. Usually 10 to 13 is the turning point. Don't bother with it though...when I fine tune it (if ever) I'll let everyone know.

Here's another chart of A/U. Reverse H&S. I think I posted this over at the A/U thread.
Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 74 KB
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #9,502
  • Nov 21, 2010 9:38pm Nov 21, 2010 9:38pm
Quoting MarcVUM
Hi Nick. Looking at the H4 chart you are right...the red ribbon completed and the green ribbon began. It's definitely on its way up since the open. Stochs are up and there was a great bull candle at the bottom. The 1-9 numbers are something I'm playing with...sequential highs and lows. Usually 10 to 13 is the turning point. Don't bother with it though...when I fine tune it (if ever) I'll let everyone know.

Here's another chart of A/U. Reverse H&S. I think I posted this over at the A/U thread.
I guess this would be the newest chart:
Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 73 KB
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #9,503
  • Nov 21, 2010 9:48pm Nov 21, 2010 9:48pm
Quoting MarcVUM
Hi Nick. Looking at the H4 chart you are right...the red ribbon completed and the green ribbon began. It's definitely on its way up since the open. Stochs are up and there was a great bull candle at the bottom. The 1-9 numbers are something I'm playing with...sequential highs and lows. Usually 10 to 13 is the turning point. Don't bother with it though...when I fine tune it (if ever) I'll let everyone know.

Here's another chart of A/U. Reverse H&S. I think I posted this over at the A/U thread.
Thanks Marc, So you based your analysis (uptrend) based on the bullish candle off the bollinger? Did you use's your MA's in this analysis also?

What do the ribbons represent, are they based on MA's and just shading in between?
  • #9,504
  • Nov 21, 2010 9:56pm Nov 21, 2010 9:56pm
Quoting nick7r
Thanks Marc, So you based your analysis (uptrend) based on the bullish candle off the bollinger? Did you use's your MA's in this analysis also?

What do the ribbons represent, are they based on MA's and just shading in between?
Ok, I've put the comments on the chart. This should explain my thoughts.
Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 183 KB
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #9,505
  • Nov 21, 2010 10:00pm Nov 21, 2010 10:00pm
Quoting MarcVUM
Ok, I've put the comments on the chart. This should explain my thoughts.
Here's some others from the past that worked and didn't work. This should start giving you an idea on how Price acts.
Attached Image (click to enlarge)
Click to Enlarge Name: au.jpg Size: 190 KB
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #9,506
  • Nov 22, 2010 7:04am Nov 22, 2010 7:04am
Quoting MarcVUM
Here's some others from the past that worked and didn't work. This should start giving you an idea on how Price acts.
This one is looking like it's about to fail as well!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #9,507
  • Nov 22, 2010 7:15am Nov 22, 2010 7:15am
looking interesting now. Confluence at the yellow weekly ATR line and SD pivot zone on M15.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd nov 22.gif Size: 19 KB
  • #9,508
  • Nov 22, 2010 7:21am Nov 22, 2010 7:21am
just got back to my hotel and wow, the short I took in the morning is paying well. Thinking of exiting at 98.5, it seems to be a noisy area.
Find a job that you love and you dont have to work again in your life.
  • #9,509
  • Nov 22, 2010 7:23am Nov 22, 2010 7:23am
Quoting tradoholic
just got back to my hotel and wow, the short I took in the morning is paying well. Thinking of exiting at 98.5, it seems to be a noisy area.
Sweet!

I got stopped out of my long
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #9,510
  • Nov 22, 2010 7:27am Nov 22, 2010 7:27am
Quoting MarcVUM
Sweet!

I got stopped out of my long
not to worry, there are other points to make round the corner.
I am kicking myself, my astro chart was pointing to a short in Euro, didnt take it due to my travels.......
Find a job that you love and you dont have to work again in your life.
  • #9,511
  • Nov 22, 2010 11:37am Nov 22, 2010 11:37am
What a ride. I exited with just under 110 pips. Good night all..
Find a job that you love and you dont have to work again in your life.
  • #9,512
  • Nov 22, 2010 11:52am Nov 22, 2010 11:52am
Quoting tradoholic
What a ride. I exited with just under 110 pips. Good night all..
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #9,513
  • Nov 22, 2010 8:06pm Nov 22, 2010 8:06pm
well done holic.

how was last night Marc. I couldnt keep my eyes open.
  • #9,514
  • Nov 22, 2010 8:09pm Nov 22, 2010 8:09pm
Quoting nick7r
well done holic.

how was last night Marc. I couldnt keep my eyes open.
I didn't trade much during NY session. It's a Rocky Road right now.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #9,515
  • Nov 22, 2010 8:30pm Nov 22, 2010 8:30pm
yeah some moves south last night,...

where can i find more information on the bollinger bands?
  • #9,516
  • Nov 22, 2010 8:35pm Nov 22, 2010 8:35pm
you can type How can i use Bollinger band in forex in videotube everthing is in there good luck
  • #9,517
  • Nov 22, 2010 8:35pm Nov 22, 2010 8:35pm
Quoting nick7r
yeah some moves south last night,...

where can i find more information on the bollinger bands?
Hmm, I would just do a Google search.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #9,518
  • Nov 22, 2010 8:37pm Nov 22, 2010 8:37pm



Quoting MarcVUM
Hmm, I would just do a Google search.
Annoying Precision
  • #9,519
  • Nov 22, 2010 8:41pm Nov 22, 2010 8:41pm
Quoting erikte279
Are you under the influence tonight!?
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #9,520
  • Nov 22, 2010 8:47pm Nov 22, 2010 8:47pm
Nope, the way you worded your reply just reminded me of the way my grandpa answers some of my questions on occasion.

I'm taking a medication called "antabuse" that prevents me from drinking, it's been working beautifully.

Quoting MarcVUM
Are you under the influence tonight!?
Annoying Precision
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