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Trade What You See - Almost Naked Trading

  • #10,581
  • Feb 1, 2011 9:47pm Feb 1, 2011 9:47pm
How high will the EU go???
  • #10,582
  • Feb 1, 2011 9:50pm Feb 1, 2011 9:50pm
Quoting Fitness09
How high will the EU go???
I'm looking at 3900-4000.
  • #10,583
  • Feb 1, 2011 9:54pm Feb 1, 2011 9:54pm
Quoting lawgirl21
I'm looking at 3900-4000.
Just a question . Do you guy really look at the fundamental when going into long trade or just on the candlesticks only ? LG when you go Long on EU few week ago do you enter on daily chart or weekly chart ??

Thank you.
  • #10,584
  • Feb 1, 2011 9:58pm Feb 1, 2011 9:58pm
Quoting Strick
Sorry the RSI on this pair isn't up on any time frames...

SORRY!

Not sure how i did that, short it is!
It like moving down...
  • #10,585
  • Feb 1, 2011 10:01pm Feb 1, 2011 10:01pm
Quoting lawgirl21
I'm looking at 3900-4000.
Tapped that level Dec 08 and Oct 10. Pretty strong resistance there.
  • #10,586
  • Feb 1, 2011 10:08pm Feb 1, 2011 10:08pm
Quoting cwl0375
Just a question . Do you guy really look at the fundamental when going into long trade or just on the candlesticks only ? LG when you go Long on EU few week ago do you enter on daily chart or weekly chart ??

Thank you.
On a 3 Tap Weekly chart.
  • #10,587
  • Feb 1, 2011 10:10pm Feb 1, 2011 10:10pm
Quoting Fitness09
Tapped that level Dec 08 and Oct 10. Pretty strong resistance there.
That's how I see it too. Although there would be running room to the upside at that level, it will likely be repelled by it and retrace.
  • #10,588
  • Feb 1, 2011 10:22pm Feb 1, 2011 10:22pm
AUS/CAD 4H 3 Tap has occured , waiting for RSI conformation. Wish I could figure out how to post a chart...lol working on it ..google is to the rescue.
  • #10,589
  • Feb 1, 2011 10:23pm Feb 1, 2011 10:23pm
Hi is this look good to go short now ?? thank you everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD.png Size: 27 KB
  • #10,590
  • Feb 1, 2011 10:27pm Feb 1, 2011 10:27pm
Quoting iferdous
AUS/CAD 4H 3 Tap has occured , waiting for RSI conformation. Wish I could figure out how to post a chart...lol working on it ..google is to the rescue.

If you're useing metatrader - right click and "save as picture..." to your desktop

Then, when you are writing a message on here click attatchment above the message box and open the chart you saved
  • #10,591
  • Feb 1, 2011 10:31pm Feb 1, 2011 10:31pm
Quoting Strick
If you're useing metatrader - right click and "save as picture..." to your desktop

Then, when you are writing a message on here click attatchment above the message box and open the chart you saved

Never know we can post the chart this way... thank you
  • #10,592
  • Feb 1, 2011 10:32pm Feb 1, 2011 10:32pm
In the following BO Trades. Would be interested to hear feedback on why they are good trades/bad trades.

EURJPY Long
EURUSD Long
USDCAD Short


Also still riding out a 3 tap GPBUSD from about 12 hours ago. Up about 40 pips
Enter Signature
  • #10,593
  • Feb 1, 2011 10:37pm Feb 1, 2011 10:37pm
Hi,

Look Good On 4hr tap ??
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 25 KB
  • #10,594
  • Feb 1, 2011 10:45pm Feb 1, 2011 10:45pm
Quoting CrucialCraig
In the following BO Trades. Would be interested to hear feedback on why they are good trades/bad trades.

EURJPY Long
EURUSD Long
USDCAD Short


Also still riding out a 3 tap GPBUSD from about 12 hours ago. Up about 40 pips
ALL setup using 4hr tap ?
  • #10,595
  • Feb 1, 2011 10:46pm Feb 1, 2011 10:46pm
Anyone tempted by this? My Daily RSI shows bullish bias, but I don't trust it... My RSI is on crack. Can anyone confirm the Daily RSI(3) trend?
Attached Image (click to enlarge)
Click to Enlarge Name: EURGBP21.jpg Size: 148 KB
Enter Signature
  • #10,596
  • Edited 11:22pm Feb 1, 2011 10:49pm | Edited 11:22pm
Quoting cwl0375
ALL setup using 4hr tap ?
No, the 3 listed are Breakout trades. The only 4h Triple Tap trade that I am in is GBPUSD. But that was taken about 12 hours ago. Interested in the one above though.

EDIT: From the chart a couple posts up, it looks like EURUSD could have been 1h BO or 4h TT trade.
Enter Signature
  • #10,597
  • Feb 1, 2011 10:53pm Feb 1, 2011 10:53pm
Hi Everyone need some advice. i wait for 3 candle finish on 15M to long on GBPSD. Now the PA coming down again.. where did i do wrong on this setup ???

Thank you..
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 17 KB
  • #10,598
  • Feb 1, 2011 11:48pm Feb 1, 2011 11:48pm
Quoting cwl0375
Hi Everyone need some advice. i wait for 3 candle finish on 15M to long on GBPSD. Now the PA coming down again.. where did i do wrong on this setup ???

Thank you..
Don't stress. You should set your SL and TP and see what happens. Try not to get emotional about any particular trade.

As you can see, it came back up almost immediately. Price will always have retracements.
Enter Signature
  • #10,599
  • Feb 2, 2011 12:33am Feb 2, 2011 12:33am
Quoting CrucialCraig
In the following BO Trades. Would be interested to hear feedback on why they are good trades/bad trades.

EURJPY Long
EURUSD Long
USDCAD Short


Also still riding out a 3 tap GPBUSD from about 12 hours ago. Up about 40 pips
Looney seems to be good for a short.
EUR/JPY is still in the breakout box, so I need a confirmation of what's doing.
EUR/USD had a failed intention to break, I'm afraid we might have a bull trap. Also, a correction might appear after the last days up rally.
A good trade is when I Break Even. A great trade is when I Take Profit.
  • #10,600
  • Feb 2, 2011 1:28am Feb 2, 2011 1:28am
Quoting lawgirl21
THE CHART LOVERS METHOD

I am starting this thread for those of us who love charts...watching them...studying them...analyzing them and of course, making money from them.

My system is simple. It is a basic trend following one using the weekly, daily and H4 charts. I have made a goodly amount of money using this system, although I cannot say that I "discovered" it.

[size=3][font=Cambria]I have traded forex for approximately...
hi lawgirl!ve done the 3 tap set up as directed above but my question is do we draw the trendline for the pa bias from the start of every period seperator expecialy in the case of weekly chart where candles dont form quickly, in order to take orders .thank you
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