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Trade What You See - Almost Naked Trading

  • #11,341
  • Feb 21, 2011 12:27pm Feb 21, 2011 12:27pm
Quoting FX_California
LG, when you are not here, feels like market is closed :-)

Oh, no...I appreciate the compliment, but that can't be. It is my hope that you are becoming a better trader than I am.
  • #11,342
  • Feb 21, 2011 1:11pm Feb 21, 2011 1:11pm
Quoting lawgirl21
Oh, no...I appreciate the compliment, but that can't be. It is my hope that you are becoming a better trader than I am.
But your insight is very very helpful. Hope you had a good weekend, but sure glad to have you back!
  • #11,343
  • Feb 21, 2011 1:13pm Feb 21, 2011 1:13pm
anyone else in this 4H 3T trade on USDCHF?


also a potential 4H consolidation BO setting up on GBPCHF
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdchf.gif Size: 14 KB
Click to Enlarge Name: gbpchf.gif Size: 14 KB
  • #11,344
  • Feb 21, 2011 2:01pm Feb 21, 2011 2:01pm
Any gold diggers out there? Here is a stairway to heaven...
Attached Image
  • #11,345
  • Feb 21, 2011 2:44pm Feb 21, 2011 2:44pm
Quoting Scrutch
The resistance trendline was drawn on a H4 chart, showing a H4-3T trade.
The trendline could have been drawn beginning a couple of bars previous to the pick point I used as well.

The only way you're going to learn is to ask questions.

Attachment

Edit: Hmmm, appears that the "question" was about support and not the trendline.
The support line was drawn using the H4 chart with a double check of the support on the D1.
I was looking for recent support at the "time"...as it appeared that the next support would be about...
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thanks lot ....the better way i learn is meet people like you....add a little.force...could iu sign on chart with an arrow what iu are explaining?...also for next time.???? thanks heartly
  • #11,346
  • Feb 21, 2011 2:56pm Feb 21, 2011 2:56pm
Hey, can someone help me understand this system? how are SL & TP being determined? Also, if the 3rd tap occurs without all the arrows point in 1 direction, but all turns once its bounce off the TL and moving in teh right direction, do u still take the trade?

thanks.
  • #11,347
  • Feb 21, 2011 2:57pm Feb 21, 2011 2:57pm
Quoting lawgirl21
Good Morning all! I'm back from a 4 day trip where I was totally away from computers. Hope all of you made some pips while I was gone and are ready for a good trading week,
Yes, Didoos Nice to see you back.
  • #11,348
  • Feb 21, 2011 3:50pm Feb 21, 2011 3:50pm
Quoting Pirabuji
Hi LG,

Welcome back!

Did you enter this as a daily 3tap trade?
I entered this trade on a ZC (move-->pullback-->continuation) and it has continued down. Took half off the table.
Attached Image
  • #11,349
  • Feb 21, 2011 3:53pm Feb 21, 2011 3:53pm
Quoting Pirabuji
anyone else in this 4H 3T trade on USDCHF?


also a potential 4H consolidation BO setting up on GBPCHF
I'm still in it short, but probably not for much longer. I don't think it is showing enough for a long 3 Tap yet. Change of H4 candle coming up in 5 min.
  • #11,350
  • Feb 21, 2011 7:05pm Feb 21, 2011 7:05pm
Quoting pippete
3 tap and trigger here... Same on AUDJPY...
Out with +20 pips...
  • #11,351
  • Feb 21, 2011 7:26pm Feb 21, 2011 7:26pm
out with +24

Quoting lawgirl21
3 Tap H4 setup and trigger
  • #11,352
  • Feb 21, 2011 9:18pm Feb 21, 2011 9:18pm
I'm still in
Attached Image
  • #11,353
  • Feb 21, 2011 9:19pm Feb 21, 2011 9:19pm
In this pair short
Attached Image
  • #11,354
  • Feb 21, 2011 9:21pm Feb 21, 2011 9:21pm
H1 4C BO
Attached Image (click to enlarge)
Click to Enlarge Name: sun.gif Size: 11 KB
  • #11,355
  • Feb 21, 2011 9:23pm Feb 21, 2011 9:23pm
H1 4C BO
Attached Image (click to enlarge)
Click to Enlarge Name: sun.gif Size: 10 KB
  • #11,356
  • Feb 21, 2011 9:25pm Feb 21, 2011 9:25pm
Almost too many good setups to post tonight, but here's another one.
Attached Image (click to enlarge)
Click to Enlarge Name: sun.gif Size: 12 KB
  • #11,357
  • Feb 21, 2011 9:26pm Feb 21, 2011 9:26pm
I'm watching this pair for a BO
Attached Image (click to enlarge)
Click to Enlarge Name: sun.gif Size: 12 KB
  • #11,358
  • Feb 21, 2011 9:42pm Feb 21, 2011 9:42pm
Quoting lawgirl21
I left this short trade open over the weekend. Up 100 pips.

Out with +110 pips.
  • #11,359
  • Feb 21, 2011 9:44pm Feb 21, 2011 9:44pm
Quoting lawgirl21
I'm still in
took half off the table +55 pips.
  • #11,360
  • Feb 21, 2011 10:07pm Feb 21, 2011 10:07pm
Hey lawgirl welcome back hope you had a great holiday.

I just went long on this about an hour ago and now with the new H1 candle the RSI isn't pointing up as hard as it was then. And with the H4 candle the RSI has gone from pointing up to sideways.

Question: Should I have waited for the new H1 and H4 for more confirmation? Is that something I should make a rule of???

By the way, I have been haveing much more success with the 3tap over the last few days, and started messing with the H1BO trades again and they seem to be working better for me now.

Just trying not to get to confident about it as that seems to be the time where everything turns to **** (insert naughty word)
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