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Trade What You See - Almost Naked Trading

  • #7,441
  • Dec 21, 2010 8:33am Dec 21, 2010 8:33am
This BO was good for about 120 pips.
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  • #7,442
  • Dec 21, 2010 8:39am Dec 21, 2010 8:39am
Quoting lawgirl21
A long BO there.

Good for about 20 pips before it faded.
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  • #7,443
  • Dec 21, 2010 8:52am Dec 21, 2010 8:52am
I'm still short..down 53 pips.
  • #7,444
  • Dec 21, 2010 9:04am Dec 21, 2010 9:04am
Quoting lawgirl21
I'm still short..down 53 pips.
am with yoy in eu LG...
nice trading!
  • #7,445
  • Dec 21, 2010 9:12am Dec 21, 2010 9:12am
Quoting lawgirl21
I'm still short..down 53 pips.
IMHO we need to see a clear BO below 1.3100 before further down movement.

I think that would be a good entry for someone that currently isn't inside the EUR short trade.

LG, what do you think?
  • #7,446
  • Dec 21, 2010 9:14am Dec 21, 2010 9:14am
hey all...would this qualify as a 3 tap trade?
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  • #7,447
  • Dec 21, 2010 9:16am Dec 21, 2010 9:16am
Quoting natnimrey
hey all...would this qualify as a 3 tap trade?
Attachment
But did you check the RSIs for more time frames?
  • #7,448
  • Dec 21, 2010 9:22am Dec 21, 2010 9:22am
Quoting geula4
IMHO we need to see a clear BO below 1.3100 before further down movement.

I think that would be a good entry for someone that currently isn't inside the EUR short trade.

LG, what do you think?
I totally agree. I don't think I made myself clear..I am -53 pips, although PA has moved down since that post. I am now -23 pips. I was short yesterday when the spike came. Knowing that most of the time PA will eventually return to "normal" I rode it out.
  • #7,449
  • Dec 21, 2010 9:26am Dec 21, 2010 9:26am
Quoting geula4
But did you check the RSIs for more time frames?
Yup W1 and D1 were both up too...would it qualify?
  • #7,450
  • Dec 21, 2010 9:34am Dec 21, 2010 9:34am
Quoting natnimrey
Yup W1 and D1 were both up too...would it qualify?
IMHO yes

LG or anyone else, please correct me if wrong...
  • #7,451
  • Dec 21, 2010 9:36am Dec 21, 2010 9:36am
4H consolidation BO, good for 20 pips so far...
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  • #7,452
  • Dec 21, 2010 9:41am Dec 21, 2010 9:41am
No LG, it only went 3 pips in my favor and turned around. Now it's back up to the trendline for a fourth tap. Seems to be holding for now. I'm still in it.
"Be the change that you wish to see in the world." --Gandhi
  • #7,453
  • Dec 21, 2010 9:54am Dec 21, 2010 9:54am
Quoting natnimrey
Yup W1 and D1 were both up too...would it qualify?
I don't like the PA. Are you in?
Attached Image
  • #7,454
  • Dec 21, 2010 10:32am Dec 21, 2010 10:32am
H4 3 Tap setup and trigger and H1 4C BO
  • #7,455
  • Dec 21, 2010 10:36am Dec 21, 2010 10:36am
Quoting lawgirl21
I don't like the PA. Are you in?
Ooh nope I was waiting to see what you guys thought about it but RSI came crashing down and I decided to step back lol

You didn't like the PA LG?Mind explaining to me...I'm too new at this
  • #7,456
  • Dec 21, 2010 10:44am Dec 21, 2010 10:44am
Quoting natnimrey
Ooh nope I was waiting to see what you guys thought about it but RSI came crashing down and I decided to step back lol

You didn't like the PA LG?Mind explaining to me...I'm too new at this
Move to a lower TF..the H1, then the M15 and look at where the candles (and the PA line) are in relationship to your marked 3 Tap on the H4 chart. You will see that they are going down and not up.
  • #7,457
  • Dec 21, 2010 10:52am Dec 21, 2010 10:52am
Quoting lawgirl21
Move to a lower TF..the H1, then the M15 and look at where the candles (and the PA line) are in relationship to your marked 3 Tap on the H4 chart. You will see that they are going down and not up.
I see...you're right, the candles for the past few hours have all been bearish. Thanks for the enlightening
  • #7,458
  • Dec 21, 2010 11:17am Dec 21, 2010 11:17am
Quoting natnimrey
I see...you're right, the candles for the past few hours have all been bearish. Thanks for the enlightening
You are very welcome!
  • #7,459
  • Dec 21, 2010 11:20am Dec 21, 2010 11:20am
Finally it's time to say goodbyes
Let's meet again in 2011.
I wish all of you the best in life.

B*Y*E

PC2
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #7,460
  • Dec 21, 2010 11:27am Dec 21, 2010 11:27am
Quoting Precap2
If only this RSI indy can be coded to show RSI reading rather than up or down, it would be a little more useful. The reason behind this is that there might be no way of knowing when it is overbought, just up or down, and I think overbought/oversold situations are important to an oscillator user.

PC2
RSI in Numbers.
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File Type: mq4 Big Stochastic LA 8 3 3 .mq4   2 KB | 610 downloads
File Type: mq4 Big RSI .mq4   2 KB | 683 downloads
File Type: tpl chart.tpl   5 KB | 621 downloads
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