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Trade What You See - Almost Naked Trading

  • #9,741
  • Jan 19, 2011 8:20pm Jan 19, 2011 8:20pm
Breaking out now.
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  • #9,742
  • Jan 19, 2011 8:22pm Jan 19, 2011 8:22pm
Should be on watch list too.
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  • #9,743
  • Jan 19, 2011 8:27pm Jan 19, 2011 8:27pm
Quoting lawgirl21
Breaking out now.


LG, is this e setup u looking for?
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  • #9,744
  • Jan 19, 2011 8:31pm Jan 19, 2011 8:31pm
Quoting kedridder
LG, is this e setup u looking for?
That is the set up, but not the entry. Enter when M15 candle closes totally outside the resistence level. Last week we waited for more than one M15 candle to close, but watch PA to enter.
  • #9,745
  • Jan 19, 2011 8:33pm Jan 19, 2011 8:33pm
Quoting lawgirl21
That is the set up, but not the entry. Enter when M15 candle closes totally outside the resistence level. Last week we waited for more than one M15 candle to close, but watch PA to enter.

do u mean when a complete M15 candle closes above e yellow line?
  • #9,746
  • Jan 19, 2011 8:37pm Jan 19, 2011 8:37pm
Break out..big spread though
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  • #9,747
  • Jan 19, 2011 8:47pm Jan 19, 2011 8:47pm
Quoting kedridder
do u mean when a complete M15 candle closes above e yellow line?
Yes, that is the entry for BOs. Watch for PA to continue in desired direction, even after close.
  • #9,748
  • Jan 19, 2011 8:56pm Jan 19, 2011 8:56pm
GU Setup H4 Consolidation BO and BO H1 C4 ..
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  • #9,749
  • Jan 19, 2011 8:57pm Jan 19, 2011 8:57pm
Quoting lawgirl21
Yes, that is the entry for BOs. Watch for PA to continue in desired direction, even after close.
after so long, now then i get the whole picture! urghhhh.... better late than never. thank u v much for helping, LG!
this really clear e whole picture for me
  • #9,750
  • Jan 19, 2011 8:58pm Jan 19, 2011 8:58pm
Quoting Triple Kiss
GU Setup H4 Consolidation BO and BO H1 C4 ..
This is one of the few times I have noticed that PA seems steadily down, yet the RSIs are going every which way....hmmmm. I don't know what to think..any ideas?
  • #9,751
  • Jan 19, 2011 9:02pm Jan 19, 2011 9:02pm
Quoting kedridder
after so long, now then i get the whole picture! urghhhh.... better late than never. thank u v much for helping, LG!
this really clear e whole picture for me
Glad I could help..we are all still learning as we go.
  • #9,752
  • Jan 19, 2011 9:05pm Jan 19, 2011 9:05pm
Quoting kedridder
do u mean when a complete M15 candle closes above e yellow line?
Sorry, kr. I have mislead you! I just looked at your yellow line! That is too far away. Just a close of 1-2 M15 candles completely outside the resistence line is the entry.
  • #9,753
  • Jan 19, 2011 9:08pm Jan 19, 2011 9:08pm
Quoting lawgirl21
Sorry, kr. I have mislead you! I just looked at your yellow line! That is too far away. Just a close of 1-2 M15 candles completely outside the resistence line is the entry.

this resistance line in red box?
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  • #9,754
  • Jan 19, 2011 9:16pm Jan 19, 2011 9:16pm
H1 Chart and M15 chart.

Because I didn't like the looks of the pinbar and the red candle, I'll wait for the next candle to close and if PA is continuing up...enter long on the next candle.

Hope this helps. I know it is confusing.
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  • #9,755
  • Jan 19, 2011 9:24pm Jan 19, 2011 9:24pm
Quoting lawgirl21
H1 Chart and M15 chart.

Because I didn't like the looks of the pinbar and the red candle, I'll wait for the next candle to close and if PA is continuing up...enter long on the next candle.

Hope this helps. I know it is confusing.

LG, please correct me if i'm wrong.

Before e pinbar was formed and completed, you wouldnt know it's a pinbar after all. Or do u mean, when u look at e chart, e pinbar was already formed?
  • #9,756
  • Jan 19, 2011 9:30pm Jan 19, 2011 9:30pm
Quoting lawgirl21
H1 Chart and M15 chart.

Because I didn't like the looks of the pinbar and the red candle, I'll wait for the next candle to close and if PA is continuing up...enter long on the next candle.

Hope this helps. I know it is confusing.
Very clear chart and not confusing at all... appreciate it.
  • #9,757
  • Jan 19, 2011 9:38pm Jan 19, 2011 9:38pm
Quoting kedridder
LG, please correct me if i'm wrong.

Before e pinbar was formed and completed, you wouldnt know it's a pinbar after all. Or do u mean, when u look at e chart, e pinbar was already formed?
Looking at the M15 chart, I don't like that pinbar or the next red candle, so I am going to watch PA awhile longer. That's why I marked the next candle with an upward arrow. This is really the first candle that shows me anything. So I watch the next few M15 candles and now I have decided that PA is struggling too hard to enter this trade at this time. RSIs confirm this. I'll keep it on my watch list, but in my opinion, PA is too weak at this time to enter.
  • #9,758
  • Jan 19, 2011 9:42pm Jan 19, 2011 9:42pm
Quoting lawgirl21
Looking at the M15 chart, I don't like that pinbar or the next red candle, so I am going to watch PA awhile longer. That's why I marked the next candle with an upward arrow. This is really the first candle that shows me anything. So I watch the next few M15 candles and now I have decided that PA is struggling too hard to enter this trade at this time. RSIs confirm this. I'll keep it on my watch list, but in my opinion, PA is too weak at this time to enter.

oh, i see. thanks for e clarification. i think i'll skip this one, looking at GBPUSD instead
  • #9,759
  • Jan 19, 2011 9:48pm Jan 19, 2011 9:48pm
I set a pending short order on this pair and am done for the night.
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  • #9,760
  • Jan 19, 2011 9:51pm Jan 19, 2011 9:51pm
Hi, LG is this worth to watch for BO ?

Thank you.
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