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Trade What You See - Almost Naked Trading

  • #6,221
  • Dec 2, 2010 5:21am Dec 2, 2010 5:21am
I'm getting tired of this kind of trading. Again today 9 trades ending in total of +39 pips. That's nonsense. Looks like I'll quit trading for the week. Tomorrow is the nuisance NFP.
Might still stick around but will either not trade or scale down to 0.10 lot.

PC2
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #6,222
  • Dec 2, 2010 5:47am Dec 2, 2010 5:47am
Today i set pending orders for 3 pairs.
EurAud hit my SL, others are moving in my favour.
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  • #6,223
  • Dec 2, 2010 6:15am Dec 2, 2010 6:15am
Also tried a short on USDCHF, but candles didnīt look quite well, so i escaped with small profit. It may move back to cons range like the days before.
  • #6,224
  • Dec 2, 2010 6:16am Dec 2, 2010 6:16am
Quoting Pip26
Today i set pending orders for 3 pairs.
EurAud hit my SL, others are moving in my favour.
pip26 what indi do u use for drawing BO ?
thank you
  • #6,225
  • Dec 2, 2010 6:18am Dec 2, 2010 6:18am
Quoting pt49
GBP/USD 3Tap on 4hr chart... I'm in at 5646
Well.......... that didn't work!
In the days of old when sailors were bold, and seldom if ever contented.
  • #6,226
  • Dec 2, 2010 6:31am Dec 2, 2010 6:31am
Quoting pt49
Well.......... that didn't work!
pt49 how are you doing this week ?
  • #6,227
  • Dec 2, 2010 6:33am Dec 2, 2010 6:33am
I set this pending order. Triggered and in profit, but struggled.
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  • #6,228
  • Dec 2, 2010 6:35am Dec 2, 2010 6:35am
It's been a hard last two days. Beginning of the trading week started with a big bang and now this.
  • #6,229
  • Dec 2, 2010 6:37am Dec 2, 2010 6:37am
Pending order. Hit my TP +70
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  • #6,230
  • Dec 2, 2010 6:38am Dec 2, 2010 6:38am
Florin,

The indicator is on page 372, Leftcoast's Post#5580.
  • #6,231
  • Dec 2, 2010 6:41am Dec 2, 2010 6:41am
I may have posted this trade already on the monthly chart. The two candles at the bottom are what pt calls "railroad tracks"....a very positive indication of trend change.
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  • #6,232
  • Dec 2, 2010 6:45am Dec 2, 2010 6:45am
Quoting LFB
pt49 how are you doing this week ?
Not too well... whipsaws getcha sometimes.

Bedtime now.
In the days of old when sailors were bold, and seldom if ever contented.
  • #6,233
  • Dec 2, 2010 6:50am Dec 2, 2010 6:50am
This may be a fun trade. We talked yesterday about this pair trading in a tight range for days. All RSIs are pointing long. We "expect" that PA will continue up. I took a ditch/channel trade, hoping to make some pips between now and a BO.
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  • #6,234
  • Dec 2, 2010 7:24am Dec 2, 2010 7:24am
Quoting lawgirl21
This may be a fun trade. We talked yesterday about this pair trading in a tight range for days. All RSIs are pointing long. We "expect" that PA will continue up. I took a ditch/channel trade, hoping to make some pips between now and a BO.
Also a 3 tap trade for now. In the money...
Attached Image
  • #6,235
  • Dec 2, 2010 7:27am Dec 2, 2010 7:27am
Jackpot
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  • #6,236
  • Dec 2, 2010 7:50am Dec 2, 2010 7:50am
Quoting pippete
Also a 3 tap trade for now. In the money...
I was thinking about you and your live trades...how did they go?
  • #6,237
  • Dec 2, 2010 7:59am Dec 2, 2010 7:59am
Quoting pippete
Also a 3 tap trade for now. In the money...
Lawgirl and Pippete
Pls can you share your RSI indicator the way it appears on your charts on post 6235 and 6236. I am learning to see the charts the way you see them. Thank you
  • #6,238
  • Dec 2, 2010 8:03am Dec 2, 2010 8:03am
Quoting inemesit
Lawgirl and Pippete
Pls can you share your RSI indicator the way it appears on your charts on post 6235 and 6236. I am learning to see the charts the way you see them. Thank you
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  • #6,239
  • Dec 2, 2010 8:13am Dec 2, 2010 8:13am
Quoting Precap2
I'm getting tired of this kind of trading. Again today 9 trades ending in total of +39 pips. That's nonsense. Looks like I'll quit trading for the week. Tomorrow is the nuisance NFP.
Might still stick around but will either not trade or scale down to 0.10 lot.

PC2
And now the market is breaking out here and there I'm making salt salary from lower than normal volume. But I'll manage and stick to a hard decision
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #6,240
  • Dec 2, 2010 8:30am Dec 2, 2010 8:30am
Quoting lawgirl21
Pending order. Hit my TP +70
Could you please tell us the reason you set tp at this level? I'm trying to follow your way. thanks.
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