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Trade What You See - Almost Naked Trading

  • #8,761
  • Jan 6, 2011 9:40am Jan 6, 2011 9:40am
Quoting geula4
Oops. Sorry kedridder, perhaps I jumped too quickly in...

ha, no worries pal!
i'm sure AUDJPY will break that support.
i'll make sure i'll wait like a hunter and nail this one safely!
  • #8,762
  • Jan 6, 2011 9:46am Jan 6, 2011 9:46am
EURUSD is going good for us.
Hope everyone has already made some pips on it.

Big potential here IMHO.
Hope we'll reach 1.3000 area. Let's see
  • #8,763
  • Jan 6, 2011 9:47am Jan 6, 2011 9:47am
Quoting kedridder
ha, no worries pal!
i'm sure AUDJPY will break that support.
i'll make sure i'll wait like a hunter and nail this one safely!
  • #8,764
  • Jan 6, 2011 9:48am Jan 6, 2011 9:48am
Yes!!
  • #8,765
  • Jan 6, 2011 9:49am Jan 6, 2011 9:49am
BO continuation...aka Zorro
EU trying to push through important support.
Fat side of 80p's before the next solid support.

Attached Image (click to enlarge)
Click to Enlarge Name: eu-01-06-11-h1.gif Size: 12 KB


Quoting lawgirl21
I was wondering if you would catch that little..dig.
Oh yeah...I'm a quick study~"on some things".
Listen to the whispers.... You may learn something
  • #8,766
  • Jan 6, 2011 9:49am Jan 6, 2011 9:49am
LG/geula, this pair's BO has failed us.
I note the 15M candle which formed after the long red BO candle (SR of 0.9961) is not red. this 'bad' candle, i have encased in blue rectangle for easy viewing. therefore this does not qualify as a good BO trade.

is this conclusion correct?
Attached Image (click to enlarge)
Click to Enlarge Name: bo.jpg Size: 92 KB
  • #8,767
  • Jan 6, 2011 9:51am Jan 6, 2011 9:51am
Quoting kedridder
ha, no worries pal!
i'm sure AUDJPY will break that support.
i'll make sure i'll wait like a hunter and nail this one safely!
Your trade is looking good now..
  • #8,768
  • Jan 6, 2011 9:52am Jan 6, 2011 9:52am
All focus should be on this pair now and GBPUSD...
  • #8,769
  • Jan 6, 2011 9:53am Jan 6, 2011 9:53am
Its going now...wait and watch PA on 15min

Quoting kedridder
LG/geula, this pair's BO has failed us.
I note the 15M candle which formed after the long red BO candle (SR of 0.9961) is not red. this 'bad' candle, i have encased in blue rectangle for easy viewing. therefore this does not qualify as a good BO trade.

is this conclusion correct?
  • #8,770
  • Jan 6, 2011 9:53am Jan 6, 2011 9:53am
Quoting lawgirl21
Your trade is looking good now..

ya, phew!
  • #8,771
  • Jan 6, 2011 9:54am Jan 6, 2011 9:54am
Quoting redart007
Its going now...wait and watch PA on 15min

yup, but the point which i trigger the trade, is unsafe.
  • #8,772
  • Jan 6, 2011 9:55am Jan 6, 2011 9:55am
what a teaser, geula! twice it kissed 82.71
Attached Image (click to enlarge)
Click to Enlarge Name: aj.jpg Size: 87 KB
  • #8,773
  • Jan 6, 2011 9:56am Jan 6, 2011 9:56am
3 taps on H4 with 10mins to go before the candle close.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart.gif Size: 41 KB
Click to Enlarge Name: chart2.gif Size: 39 KB
  • #8,774
  • Jan 6, 2011 9:56am Jan 6, 2011 9:56am
Quoting kedridder
LG/geula, this pair's BO has failed us.
I note the 15M candle which formed after the long red BO candle (SR of 0.9961) is not red. this 'bad' candle, i have encased in blue rectangle for easy viewing. therefore this does not qualify as a good BO trade.

is this conclusion correct?
IMHO absolutely right!
That's a Doji candle, which can show a reversal of trend.
We don't like those for PA, just strong green or red (bull or bear) in the right direction...
  • #8,775
  • Jan 6, 2011 9:56am Jan 6, 2011 9:56am
Get ready to take profits..good idea to take half off the table as we approach top of the hour.
  • #8,776
  • Jan 6, 2011 9:56am Jan 6, 2011 9:56am
UJ - north..
  • #8,777
  • Jan 6, 2011 9:58am Jan 6, 2011 9:58am
Quoting kedridder
what a teaser, geula! twice it kissed 82.71
It is naughty, isn't it?
  • #8,778
  • Jan 6, 2011 10:01am Jan 6, 2011 10:01am
Thanks for the tip on EU guys...easiest pips of the week

Is EUR/GBP good for entry now?Price has stayed low and PA has crossed the support on H1 by some distance.

Here's the 15min chart.
Attached Image (click to enlarge)
Click to Enlarge Name: ep.JPG Size: 103 KB
  • #8,779
  • Jan 6, 2011 10:01am Jan 6, 2011 10:01am
It's just wonderfully falling down!!

But let's take LG's advice seriously and at least lock-in some pips by closing part of position or moving SL to BE+ IMHO.
  • #8,780
  • Jan 6, 2011 10:03am Jan 6, 2011 10:03am
Quoting geula4
It's just wonderfully falling down!!
yeah, just like yesterday.
3 traders viewing now