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Trade What You See - Almost Naked Trading

  • #10,161
  • Jan 25, 2011 11:06am Jan 25, 2011 11:06am
Quoting Merlyn
Pound is still weak after the bad news this morning so this is possibly just a temporary pull-back, could be good for 20 or so pips though. But as the thread is about trading with the longer term trend I'll wait for some confirmation of what exactly is going on.

yeah, dats a good move too! better be safe than sorry
  • #10,162
  • Jan 25, 2011 12:31pm Jan 25, 2011 12:31pm
ZC

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Listen to the whispers.... You may learn something
  • #10,163
  • Jan 25, 2011 12:53pm Jan 25, 2011 12:53pm
Newbie here. Been reading this thread from page one. Maybe by tomorrow I'll start asking questions.

PC2
Mystery Is The Final Product Of Ignorance. Hey! What's ma chart doin'
  • #10,164
  • Jan 25, 2011 1:22pm Jan 25, 2011 1:22pm
My advise is that you don't short egbp now unless you can see a tread down 21 ema on 15 chart for a short scalp and possibly tp limited to 0.8590


thanks
  • #10,165
  • Jan 25, 2011 5:02pm Jan 25, 2011 5:02pm
Ok, so the weekly and daily RSI are both pointing up, so when the rsi on this chart (H4) is pointing up would this be a valid 3rd tap to go long on?

Anyone?
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  • #10,166
  • Jan 25, 2011 6:14pm Jan 25, 2011 6:14pm
Hey where did everyone go?

Though not a "professional", but yesterday I made $150000 with 2 trades. Account size was $5m. Lots traded was 100.

With this account size, I've notice that you're more relaxed. You only need a few good trades. Also, the peace of mind knowing that 2% of your account size gives you a big stop-loss (100 pips in this case). I've also stopped looking at the number of pips profit/loss, but rather to the dollar amount.
  • #10,167
  • Jan 25, 2011 7:29pm Jan 25, 2011 7:29pm
3 Tap H4 setup. This close to the H4 candle change, best to wait to see PA after the change.
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  • #10,168
  • Jan 25, 2011 7:31pm Jan 25, 2011 7:31pm
H4 CBO setting up.
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  • #10,169
  • Jan 25, 2011 7:33pm Jan 25, 2011 7:33pm
3 Tap and H1 4C BO setting up
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  • #10,170
  • Jan 25, 2011 7:37pm Jan 25, 2011 7:37pm
H1 4C BO setrting up
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  • #10,171
  • Jan 25, 2011 7:40pm Jan 25, 2011 7:40pm
Quoting gasservettes
Hey where did everyone go?

Though not a "professional", but yesterday I made $150000 with 2 trades. Account size was $5m. Lots traded was 100.

With this account size, I've notice that you're more relaxed. You only need a few good trades. Also, the peace of mind knowing that 2% of your account size gives you a big stop-loss (100 pips in this case). I've also stopped looking at the number of pips profit/loss, but rather to the dollar amount.
Did I mention that this IS a demo account. Quickest way to feel like a millionare ...
  • #10,172
  • Jan 25, 2011 7:47pm Jan 25, 2011 7:47pm
Quoting gasservettes
Did I mention that this IS a demo account. Quickest way to feel like a millionare ...
I didn't know there were million dollar demo accounts. Of course, you would never, never allow a broker to hold that kind of real money for you....would you?
  • #10,173
  • Jan 25, 2011 8:02pm Jan 25, 2011 8:02pm
Never would I leave that kind of money with one broker. However at this point in my trading career that great problem is not on my to do list. I'm building the account pip by pip.

What a catchy name "Almost Naked trading" Well Lawgirl, You had us at "HELLO"
  • #10,174
  • Jan 25, 2011 8:03pm Jan 25, 2011 8:03pm
I guess everyone is listening to Obama's speech....
  • #10,175
  • Jan 25, 2011 8:08pm Jan 25, 2011 8:08pm
Quoting lawgirl21
I guess everyone is listening to Obama's speech....
I guess, I have the TV on Mute LOL
  • #10,176
  • Jan 25, 2011 8:23pm Jan 25, 2011 8:23pm
Quoting lawgirl21
I guess everyone is listening to Obama's speech....
Hi LG, Did you know, Obama from Jakarta-Indonesia?
"Trade Until I Come Back" Luke
  • #10,177
  • Jan 25, 2011 8:25pm Jan 25, 2011 8:25pm
Quoting superpipo
Hi LG, Did you know, Obama from Jakarta-Indonesia?
I believe that...alot of us do not believe he is a natural born citizen of the US...it has become a big issue that will not go away.
  • #10,178
  • Jan 25, 2011 8:26pm Jan 25, 2011 8:26pm
Quoting gasservettes
I guess, I have the TV on Mute LOL
I won't even go that far..don't get me started.
  • #10,179
  • Jan 25, 2011 8:34pm Jan 25, 2011 8:34pm
Inserted Video
  • #10,180
  • Jan 25, 2011 8:59pm Jan 25, 2011 8:59pm
Dear LG.....pl do inform when that separate venture of yours gets going. Yesterday saw a msg regarding spark IM download...is that it ?
regrds
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