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Trade What You See - Almost Naked Trading

  • #8,121
  • Jan 2, 2011 5:05pm Jan 2, 2011 5:05pm
Quoting forxsniper1
Eur/Usd and Aud/Usd seem to be taking their time filling gaps. both stoped short 10 to 15 pips and are ranging around. Oh the suspense..lol.... Good Luck this week to Everyone. Aud/Usd gap is almost filled now within 5 pips.
Aud/Usd gap is filled and PA seems headed down? No I hope with the two lower gaps on the Eur/Usd are filled now hoping PA continues up? LG, I wish I knew it would reverse before filling the gap. Another lesson learned here for sure.
  • #8,122
  • Jan 2, 2011 5:08pm Jan 2, 2011 5:08pm
Hey LG, hello everyone...


I'm long eurusd and nzdjpy... and waiting...
  • #8,123
  • Jan 2, 2011 5:15pm Jan 2, 2011 5:15pm
Quoting The Sage
Hey LG, hello everyone...


I'm long eurusd and nzdjpy... and waiting...
Im also long EUR/USD also and its looking like we may be ..Waitng.... awhile.
  • #8,124
  • Jan 2, 2011 5:16pm Jan 2, 2011 5:16pm
I am in these two gap trades. One hour late for the party, as usual, cause my broker kicks in an hour after everybody else is scarfing the shrimp and stuffed mushrooms. If I'm lucky, I'll get some chips and dip.

SLs are set at 50 pips. Target for GU is 50, EU is 30. Happy New Year!!

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"Be the change that you wish to see in the world." --Gandhi
  • #8,125
  • Jan 2, 2011 5:24pm Jan 2, 2011 5:24pm
Quoting forxsniper1
Aud/Usd gap is filled and PA seems headed down? No I hope with the two lower gaps on the Eur/Usd are filled now hoping PA continues up? LG, I wish I knew it would reverse before filling the gap. Another lesson learned here for sure.

No one knows when PA will turn..ever...that's trading. It also takes patience and risk tolerance. It's nice when gaps close quickly, but they certainly don't always do that...PA never accomodates the trader.
  • #8,126
  • Jan 2, 2011 5:32pm Jan 2, 2011 5:32pm
Hello and Happy New Year.
esz
Blessed are they who maintain justice, who constantly do what is right.
  • #8,127
  • Jan 2, 2011 6:01pm Jan 2, 2011 6:01pm
hello, i'm long EU, first trying to fill gap trade 2011 TP 25 SL 50
  • #8,128
  • Jan 2, 2011 6:02pm Jan 2, 2011 6:02pm
Quoting lawgirl21
Also in this gap trade.
Almost at TP.
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  • #8,129
  • Jan 2, 2011 6:07pm Jan 2, 2011 6:07pm
Quoting lawgirl21
Almost at TP.
Closed trade. +20 pips.
  • #8,130
  • Jan 2, 2011 6:10pm Jan 2, 2011 6:10pm
i am in GBPUSD gap for 30pips !
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Help to be helped.
  • #8,131
  • Jan 2, 2011 6:10pm Jan 2, 2011 6:10pm
Quoting mansoul
hello, i'm long EU, first trying to fill gap trade 2011 TP 25 SL 50
you are risking 2 to 1 the wrong way. you should risk 10 to make 20
  • #8,132
  • Jan 2, 2011 6:11pm Jan 2, 2011 6:11pm
Quoting lawgirl21
I am long that one..but didn't see 40 pips.
Out with +16 pips.
  • #8,133
  • Jan 2, 2011 6:12pm Jan 2, 2011 6:12pm
Quoting Lazar83
i am in GBPUSD gap for 30pips !
I would consider taking profit soon..
  • #8,134
  • Jan 2, 2011 6:13pm Jan 2, 2011 6:13pm
Happy new year gang! Hey is this crazy or what? 170 pip gap? 100 seems to be closed in the first minute or two but still 70 pips still open... never seen that before...
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  • #8,135
  • Jan 2, 2011 6:16pm Jan 2, 2011 6:16pm
Quoting pippete
Happy new year gang! Hey is this crazy or what? 170 pip gap? 100 seems to be closed in the first minute or two but still 70 pips still open... never seen that before...
Take profit! Take profit!
  • #8,136
  • Jan 2, 2011 6:20pm Jan 2, 2011 6:20pm
Wishing everyone a successful new year full of pips and great trading and new successful trading ideas

All the best
  • #8,137
  • Jan 2, 2011 6:22pm Jan 2, 2011 6:22pm
Quoting lawgirl21
Take profit! Take profit!
I would but don't have any... Entered after the 100 pip jump. Hoping for the rest of 70 but why do you think we should hurry up an take profit? Gap closed only halfway...
  • #8,138
  • Jan 2, 2011 6:25pm Jan 2, 2011 6:25pm
Quoting pippete
I would but don't have any... Entered after the 100 pip jump. Hoping for the rest of 70 but why do you think we should hurry up an take profit? Gap closed only halfway...

I think it is a fluke..it didn't show that way on my chart. Hope I'm wrong, But watch it carefully.
  • #8,139
  • Jan 2, 2011 6:26pm Jan 2, 2011 6:26pm
Quoting GerryS
you are risking 2 to 1 the wrong way. you should risk 10 to make 20
isn't that to tight, i mean SL will always hit with -10 pips.

read somewhere here SL need some breathing room..no?
  • #8,140
  • Jan 2, 2011 6:28pm Jan 2, 2011 6:28pm
Quoting mansoul
isn't that to tight, i mean SL will always hit with -10 pips.

read somewhere here SL need some breathing room..no?
I think they mean the ratio is backwards. Like if your SL was 50 pips, your TP would be 100 pips.
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