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Trade What You See - Almost Naked Trading

  • #8,581
  • Jan 5, 2011 6:00am Jan 5, 2011 6:00am
Quoting orangeRANGE
An attempt to break resistance TL (see arrow) atm. Expecting a huge upside move if this pair manage to break above this line.

Any comment from you guys is most welcome.
The same goes to UCHF.
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  • #8,582
  • Jan 5, 2011 6:38am Jan 5, 2011 6:38am
I'm with you on UCHF and UJ

Quoting orangeRANGE
The same goes to UCHF.
  • #8,583
  • Jan 5, 2011 7:04am Jan 5, 2011 7:04am
I wanna thank lawgirl here.
I started trading forex a year ago, try to find a money-earning method. I failed untill find this thread.
did about 10 trades last week, most winning.
I used short 3 tap line and H1 4H B0 .
But let me show an very long 3 tap line on EUR/JPY. amazing and funny.
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  • #8,584
  • Edited 7:19am Jan 5, 2011 7:08am | Edited 7:19am
Hi all be aware that major USD data will be published in 7 minutes, be ready for spike.
EDIT: Very good data for USD (three times better then expected). Maybe market will not ignore it
  • #8,585
  • Edited 7:37am Jan 5, 2011 7:17am | Edited 7:37am
Saddle up, yeha! she's gone crazy.


Update - +80 Pips UJ and +50 Pips UCHF...

Quoting redart007
I'm with you on UCHF and UJ
  • #8,586
  • Jan 5, 2011 7:21am Jan 5, 2011 7:21am
Quoting redart007
Saddle up, yeha! she's gone crazy.
Damn it...I went to toilet when this happened. WTF...!!! LOL...but it is good to predict it right.

Just wait for a retracement tomorrow & re-enter.

S H I T happened...
  • #8,587
  • Jan 5, 2011 7:24am Jan 5, 2011 7:24am
Quoting orangeRANGE
Damn it...I went to toilet went this happened. WTF...!!! LOL...but it is good to predict it right.

Just wait for a retracement tomorrow & re-enter.

S H I T happened...
Day i very young in USA, a lot can happen today.
I wish i will see GBP/USD fall a lot or even more
MY TPs are: 1.5500 and 1.5465, what do you think about it ?
  • #8,588
  • Jan 5, 2011 7:32am Jan 5, 2011 7:32am
Quoting superpipo
Hi LG, are you make profit or loss in this pair?
I did not enter that trade. There was never a good trigger. When I posted the chart last night, the set up was just forming. But look at what happened to that forming candle.. chart below, the candle with the red vertical line through it.
Attached Image
  • #8,589
  • Jan 5, 2011 7:40am Jan 5, 2011 7:40am
Quoting lawgirl21
I did not enter that trade. There was never a good trigger. When I posted the chart last night, the set up was just forming. But look at what happened to that forming candle.. chart below, the candle with the red vertical line through it.
I have entered just before the green one on M15 behave. It was pretty good looking red candle that went 10 pips below current consolidation. I have entered perfectly at the top of it
  • #8,590
  • Jan 5, 2011 7:41am Jan 5, 2011 7:41am
Quoting LFB
Day i very young in USA, a lot can happen today.
I wish i will see GBP/USD fall a lot or even more
MY TPs are: 1.5500 and 1.5465, what do you think about it ?
And you might wanna see your GU chart have this TLs. I am bias to a huge break below sup TL (see arrow) but anything can happen. NFP on Friday will give us the answer
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  • #8,591
  • Jan 5, 2011 7:46am Jan 5, 2011 7:46am
Here is what i sow when i have entered.
This was fake out for me that is why next time i have used bigger SL
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  • #8,592
  • Jan 5, 2011 7:54am Jan 5, 2011 7:54am
Quoting LFB
Here is what i sow when i have entered.
This was fake out for me that is why next time i have used bigger SL

OK, you entered where that red arrow is pointing.. the only thing was the very next candle did not continiue down and there was a green candle before. Those green M15 candles showed lack of strength for PA to continue strongly down.
  • #8,593
  • Jan 5, 2011 7:55am Jan 5, 2011 7:55am
Quoting orangeRANGE
And you might wanna see your GU chart have this TLs. I am bias to a huge break below sup TL (see arrow) but anything can happen. NFP on Friday will give us the answer
There will be ISM Non-Manufacturing PMI in one hour, i believe if positive it can break this support today.
  • #8,594
  • Jan 5, 2011 7:58am Jan 5, 2011 7:58am
Quoting lawgirl21
OK, you entered where that red arrow is pointing.. the only thing was the very next candle did not continiue down and there was a green candle before. Those green M15 candles showed lack of strength for PA to continue strongly down.
I see, thank you i am very glad i can use this knowledge next time.
  • #8,595
  • Jan 5, 2011 8:02am Jan 5, 2011 8:02am
Quoting LFB
There will be ISM Non-Manufacturing PMI in one hour, i believe if positive it can break this support today.
Also, you might wanna see EU get out of this mofu consolidation period (see sup/res TL of the Daily). It is too early to go for a free ride atm.

Let's wait & see what will happened for the rest of this week
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  • #8,596
  • Jan 5, 2011 8:19am Jan 5, 2011 8:19am
I'm in these two pairs short. EURUSD up 70 pips thus far.
  • #8,597
  • Jan 5, 2011 8:24am Jan 5, 2011 8:24am
Quoting lawgirl21
OK, you entered where that red arrow is pointing.. the only thing was the very next candle did not continiue down and there was a green candle before. Those green M15 candles showed lack of strength for PA to continue strongly down.

you have answer my question after so trade using your method. thank you...
  • #8,598
  • Jan 5, 2011 8:33am Jan 5, 2011 8:33am
Quoting lawgirl21
I'm in these two pairs short. EURUSD up 70 pips thus far.
What would be Your TP for GBP/USD, i think 1.5550 is possible but i am interested in hear what do You think.
  • #8,599
  • Jan 5, 2011 8:36am Jan 5, 2011 8:36am
Quoting LFB
What would be Your TP for GBP/USD, i think 1.5550 is possible but i am interested in hear what do You think.

I'm looking at the 5450 area too.
  • #8,600
  • Jan 5, 2011 8:39am Jan 5, 2011 8:39am
Quoting lawgirl21
I'm looking at the 5450 area too.
Yes of course my typo
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