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Trade What You See - Almost Naked Trading

  • #7,421
  • Dec 21, 2010 12:09am Dec 21, 2010 12:09am
Hey LG. I am also down 54 pips on the E/U,but I am staying in. Do you see anything else going on? Not much movement.
  • #7,422
  • Dec 21, 2010 12:12am Dec 21, 2010 12:12am
Quoting Fitness09
Hey LG. I am also down 54 pips on the E/U,but I am staying in. Do you see anything else going on? Not much movement.
A long BO there.
  • #7,423
  • Dec 21, 2010 12:32am Dec 21, 2010 12:32am
All RSIs are up, but PA is not doing much.
Attached Image (click to enlarge)
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  • #7,424
  • Dec 21, 2010 1:30am Dec 21, 2010 1:30am
Quoting Triple Kiss
Find gap Indicator can be setting to show minumum gap u want.
Gap Up You sell
Gap Down You buy.
find gap 25 pips above the bigger the Better..
Watch out the Spread.. Minimum Spread with large Gap is a perfect one..
See You Yosih next week. By the way my English is not good too.. learning Forex n English both now
Thanks

I don`t know how to use this indicator
But I don't think that this indicator will give me a list of GAPS

Mayby a specific pair if I put it on ?
For that we don't need indicator !

Could you explain please ?
  • #7,425
  • Dec 21, 2010 1:37am Dec 21, 2010 1:37am
all rsi are in agreement but in resistance mode again. weird price action.
  • #7,426
  • Dec 21, 2010 2:57am Dec 21, 2010 2:57am
3tap on EU, waitin for rsi to turn blue and to pass resistance on 1.3240
  • #7,427
  • Dec 21, 2010 4:04am Dec 21, 2010 4:04am
Quoting lawgirl21
A long BO there.
WAT IS BO ???
  • #7,428
  • Dec 21, 2010 4:29am Dec 21, 2010 4:29am
Quoting cwl0375
WAT IS BO ???
BO = BREAK OUT
There`s no life before COFFEE!
  • #7,429
  • Dec 21, 2010 5:14am Dec 21, 2010 5:14am
Quoting lawgirl21
I am not sure it is wise to trade now until January. I think we can expect this kind of wacky market until the first of the year.

Is anyone seeing any trades they are willing to take now?
How about me who's got too much adrenalin pumping from hair to toe nail? I'll swoon
Merry Xmas in advance LG and others. Will end trading for the year today. Need to go be with a full house rather than hunch over mouse and keypad like a Pikan Metro.

Peace to all!

PC2
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #7,430
  • Dec 21, 2010 5:17am Dec 21, 2010 5:17am
Quoting oman21
3tap on EU, waitin for rsi to turn blue and to pass resistance on 1.3240
Looking for such a long in a bear market can easily wipe someone clean.
Good luck.
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #7,431
  • Dec 21, 2010 5:22am Dec 21, 2010 5:22am
One suggestion that might help all of us:
If you're in a bear market (for example) and you notice a 3T long, please make sure that between the 2nd and 3rd tap there is one H4 candle in between (in other words, you need 8 hours to confirm a counter-trend third tap). This might keep you out of unnecessary trouble.

Just a suggestion anyhow. You can check it out.
Bless ya all.

PC2
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #7,432
  • Dec 21, 2010 6:08am Dec 21, 2010 6:08am
hi pc2 thanks for the tip. could you post some sample 3tap counter trend.
  • #7,433
  • Dec 21, 2010 6:20am Dec 21, 2010 6:20am
Quoting oman21
hi pc2 thanks for the tip. could you post some sample 3tap counter trend.
Please read *at least* the first few pages of the thread. There are some good examples there for BO and Tap setups.
  • #7,434
  • Dec 21, 2010 6:34am Dec 21, 2010 6:34am
IMHO EUR is a middle of a range: 1.3100 - 1.3200
We saw strong support/resistance at the 1.3100 and 1.3200 levels

We should look for a clear BO above 1.3200 or below 1.3100

What do you think?

Good trading to all!
  • #7,435
  • Dec 21, 2010 6:39am Dec 21, 2010 6:39am
Quoting geula4
Please read *at least* the first few pages of the thread. There are some good examples there for BO and Tap setups.
  • #7,436
  • Dec 21, 2010 6:47am Dec 21, 2010 6:47am
Quoting oman21
Oman21,

Sorry if you've already read the first few pages of this thread.
But IMHO a 3Tap counter-trend is the same setup of 3Tap
just that it goes against the trend and not with the trend.

No offense meant here...
  • #7,437
  • Dec 21, 2010 6:50am Dec 21, 2010 6:50am
Quoting bimmerbob
Its quite messy, I'm just hoping for a scalp off the double top M5 cable
Took some heat with the SL during asian session, but all good now. Closing short with a fair few pips, probably still got a bit of downside, but never mind.
  • #7,438
  • Dec 21, 2010 7:55am Dec 21, 2010 7:55am
Hi folks...

I haven't posted or traded for a while, so I thought I'd give it a whirl. This is a 3-tap on H4, and BO on H1. Entered after total M15 candle closed below support. I erased my S/R lines, but my entry and SL is pretty much where they were.

I'm happy to see so many of you are doing well with LG's method.

Merry Christmas to all!


Attached Image
"Be the change that you wish to see in the world." --Gandhi
  • #7,439
  • Dec 21, 2010 8:23am Dec 21, 2010 8:23am
H1 4C BO and H4 3 Tap
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Click to Enlarge Name: 4xxx.gif Size: 11 KB
  • #7,440
  • Dec 21, 2010 8:24am Dec 21, 2010 8:24am
Quoting Wally1953
Hi folks...

I haven't posted or traded for a while, so I thought I'd give it a whirl. This is a 3-tap on H4, and BO on H1. Entered after total M15 candle closed below support. I erased my S/R lines, but my entry and SL is pretty much where they were.

I'm happy to see so many of you are doing well with LG's method.

Merry Christmas to all!


Attachment
USDJPY
Hi Wally..hope you took some pips from this one.
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