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Nearly Naked (Simple Trades)

  • #9,541
  • Nov 22, 2010 9:06pm Nov 22, 2010 9:06pm
Quoting Peter-FX
The green line in the circle is my sell stop, by the way with MT4 a sell stop is the price to open a sell order.
Wow just opened, while I was typing and closed my sell from 98720 at the same time.
Sell stops are the same in ToS too. And We are In!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #9,542
  • Edited 10:28pm Nov 22, 2010 9:21pm | Edited 10:28pm
bounce off ltl
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  • #9,543
  • Nov 22, 2010 9:22pm Nov 22, 2010 9:22pm
Quoting MarcVUM
Sell stops are the same in ToS too. And We are In!

Let’s see what happens here at the lower trend line.

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  • #9,544
  • Nov 22, 2010 9:27pm Nov 22, 2010 9:27pm
Quoting Peter-FX
Let’s see what happens here at the lower trend line.
crap I didn't see that one!
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #9,545
  • Nov 22, 2010 9:28pm Nov 22, 2010 9:28pm
I think eu is a buy at these levels, I have taken longs off 1.3550 and will be holding them, I think in 4-5 months it will be at 1.60.
  • #9,546
  • Nov 22, 2010 9:32pm Nov 22, 2010 9:32pm
Due diligence pays off....hopefully

Quoting Peter-FX
Let’s see what happens here at the lower trend line.
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Annoying Precision
  • #9,547
  • Nov 22, 2010 9:37pm Nov 22, 2010 9:37pm
Quoting MarcVUM
crap I didn't see that one!

I think there’s a possibility it will still break through the lower trend line.
Israel on line in 30 minutes.
Berlin in 1 ½ hours.
London in 2 ½ hours.
  • #9,548
  • Nov 22, 2010 9:45pm Nov 22, 2010 9:45pm
Quoting Peter-FX
I think there’s a possibility it will still break through the lower trend line.
Israel on line in 30 minutes.
Berlin in 1 ½ hours.
London in 2 ½ hours.
Off to bed. Be back in about 3 1/2 hours.
When this baby hits 88 miles per hour, you're gonna see some serious s***.
  • #9,549
  • Nov 22, 2010 9:47pm Nov 22, 2010 9:47pm
Marc would classify this as a head and shoulders pattern?
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Annoying Precision
  • #9,550
  • Nov 22, 2010 10:09pm Nov 22, 2010 10:09pm
Stick and move ladies and gents
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Annoying Precision
  • #9,551
  • Nov 22, 2010 10:12pm Nov 22, 2010 10:12pm
does Saxon comes to this thread anymore?
  • #9,552
  • Nov 22, 2010 10:17pm Nov 22, 2010 10:17pm
He dosent actively post.

Quoting bonus76
does Saxon comes to this thread anymore?
Annoying Precision
  • #9,553
  • Edited Nov 23, 2010 12:51am Nov 22, 2010 10:51pm | Edited Nov 23, 2010 12:51am
Quoting MarcVUM
Off to bed. Be back in about 3 1/2 hours.

Marc, I hope you have some take profits set.

Changed my lower trend line.
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  • #9,554
  • Nov 23, 2010 2:27am Nov 23, 2010 2:27am
Damn, I thought it would cheese through 76.4% fib, but it touched it and bounced back up. Booked in 55 points at 98.10. Waiting for another set up.
What do you think guys?
Find a job that you love and you dont have to work again in your life.
  • #9,555
  • Edited 3:00am Nov 23, 2010 2:39am | Edited 3:00am
Quoting tradoholic
Damn, I thought it would cheese through 76.4% fib, but it touched it and bounced back up. Booked in 55 points at 98.10. Waiting for another set up.
What do you think guys?

I think it will slowly move across to my upper trend line and connect close to the Weekly Pivot. Time should be around 11 to 11.30 GMT, which is the time when London start again after their morning tea.

Notice my MAs are spread out, that could mean a move up. However, they’re not spread sufficiently for a good move, so it may come down from the upper trend line and Weekly Pivot one more time.
You can watch, I’ll be in bed.
I’ve setup my sell stops and buy stops, ladder formation, with the trailing stop either side of the price. The trailing stop closes just before each buy or sell opens. That locks in profit and stops the price from going up and then coming down to take out my profit.
  • #9,556
  • Nov 23, 2010 2:49am Nov 23, 2010 2:49am
Quoting Peter-FX
I think it will slowly move across to my upper trend line and connect close to the Weekly Pivot. Time should be around 11 to 11.30 GMT, which is the time when London start again after their morning tea.
Cup and handle on 15 min ( I think). Going short at 98.25
Find a job that you love and you dont have to work again in your life.
  • #9,557
  • Nov 23, 2010 3:05am Nov 23, 2010 3:05am
Quoting tradoholic
Cup and handle on 15 min ( I think). Going short at 98.25

I’ve just added to my last post.
Not sure about the cup and handle.
  • #9,558
  • Nov 23, 2010 3:16am Nov 23, 2010 3:16am
Quoting Peter-FX
I think it will slowly move across to my upper trend line and connect close to the Weekly Pivot. Time should be around 11 to 11.30 GMT, which is the time when London start again after their morning tea.

Notice my MAs are spread out, that could mean a move up. However, they’re not spread sufficiently for a good move, so it may come down from the upper trend line and Weekly Pivot one more time.
[font=Comic Sans MS][size=3]You...
Sounds like a good plan.
I am going out for dinner shortly, I have just added another lot, thinking of leaving it overnight. My thoughts are that it will try and break 9770 once again during NY, if it does then 9730 should be reachable.
Find a job that you love and you dont have to work again in your life.
  • #9,559
  • Nov 23, 2010 3:34am Nov 23, 2010 3:34am
Quoting tradoholic
Sounds like a good plan.
I am going out for dinner shortly, I have just added another lot, thinking of leaving it overnight. My thoughts are that it will try and break 9770 once again during NY, if it does then 9730 should be reachable.

Price went up over the Weekly Pivot, hit my 50 MA and came straight back down. Only a fraction off my top trend line and at present looking like a Bearish candle, all we now need is for it to become a Bearish Engulfing pattern.
See you in the morning.
  • #9,560
  • Nov 23, 2010 3:45am Nov 23, 2010 3:45am
For me failure to close over 9830 in the 15 min was a good sign. Its a trade worth while.
Find a job that you love and you dont have to work again in your life.
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